All scheme funding articles – Page 27
-
News
Regulator releases further covenant guidance
The Pensions Regulator has issued new guidance on assessing employer covenants aimed at preventing smaller or highly funded schemes from wasting time and money on costly advice.
-
NewsIORP amendment threatens pot-follows-member
A draft report from the European Parliament committee on economic and monetary affairs has threatened the possibility of pot-follows-member legislation being introduced, lawyers have warned.
-
OpinionReshaping DB: Why we can't afford to repeat the mistakes of the past
Talking Head:In 2005 pension funds produced their first recovery plans for the newly formed Pensions Regulator.
-
NewsNational Trust DB scheme closes to future accrual after deficit jump
Conservation charity the National Trust is closing its defined benefit scheme to future accrual following a large increase in the deficit, but the union is considering further action to reopen negotiations.
-
News
Three graphics on how DB strategies pose risk to employer growth
Data analysis: Many large FTSE 350 defined benefit schemes are taking "a surprisingly high level of risk" in their investment strategies in spite of the Pensions Regulator's increased focus on sustainable growth, a recent report has warned.
-
NewsWhat your scheme could learn from the PPF's approach
The Pension Protection Fund has further increased its scheme funding level to 115 per cent and experts have said other defined benefit schemes could adopt its risk management approach to improve their results.
-
NewsHow schemes should react to Carney rate rise hint
News analysis: The Bank of England has bolstered expectations of a rate rise by the end of the year and schemes should consider their position ahead of any change, experts have said.
-
News
DB funding snapshot signals need for further hedging
Data analysis: Defined benefit schemes’ aggregate funding ratio rose slightly to 84.8 per cent in June, according to data, but experts say schemes should further hedge liabilities to buffer against underlying volatility in the bond markets.
-
News
Charles Stanley seeks DB risk control via working group
Stockbroker and wealth manager Charles Stanley has created a working party to tackle risk within its pension scheme after reporting a £6.2m deficit increase.
-
NewsTate & Lyle sweetens deficit pill with secured funding move
Sugar company Tate & Lyle reduced its defined benefit liability by £52m in 2014, helped by the creation of a secured funding account as a contingency to its core employer contributions.
-
News
DB schemes face crunch on index-linked corporate debt
A tightening in the supply of index-linked US corporate bonds may lead to UK pension schemes facing increased difficulty when derisking their portfolios, industry experts have said.
-
NewsHogg Robinson extends recovery to ride out low-rate environment
Corporate travel company Hogg Robinson has extended its scheme’s deficit reduction plan after low interest rates stretched its shortfall to more than a quarter of a billion pounds.
-
OpinionEditorial: Revived pressures
The idea that the in-out referendum could be brought forward to next year has really focused the minds of many across the UK, and the pensions industry is starting to consider what the result could mean.
-
OpinionHow seriously is your scheme taking a possible Brexit?
Any Other Business: The Bank of England last week came under scrutiny after details were leaked of a secret study on the financial impact of a decision to leave the European Union.
-
News
Funding statement underscores integrated risk management ethos
The Pensions Regulator has endorsed an integrated approach to risk management in its first annual funding statement since the publication of the revised code of practice for defined benefit scheme funding.
-
News
Solvency scrutiny rumbles on in Europe with stress-testing
The resilience of UK pension schemes will be put to the test over coming months as the European pensions authority pursues its solvency and disclosure programme, though some have questioned who will bear the costs.
-
NewsSainsbury's closes deficit after strong asset returns
Sainsbury’s Pension Scheme has reduced its deficit by £28m, despite low interest rates and a fall in the real discount rate, as many schemes struggle to control their funding levels.
-
NewsUK schemes feeling pressure to add risk in chase for return
More than three-quarters of UK pension funds that increased allocations to equities in the past six months cited pressure to meet funding requirements as a driver, according to research.
-
News
Surrey opts for LDI to harness funding gains
Surrey County Council Pension Fund has put a liability-driven investment platform in place to capture rises in the funding level, after falling gilt yields wiped out last year’s gains.
-
NewsJohn Lewis deficit swells by £250m, steadfast on strategy
John Lewis Pension Scheme’s deficit has risen by close to £250m since the start of 2014, but the company plans to stick to its strategic counter-measures agreed earlier this year.