Funding – Page 6
-
NewsCurrent inflation turns pensions indexation thinking on its head, says OECD
International economics body says may be OK in exceptional times for higher-income pensioners to have less of an uprating than poorer individuals
-
NewsDe-risking gains in importance for pension schemes approaching endgame
56% of survey respondents identify de-risking as investment priority
-
NewsGermany’s Growth Fund raises €1bn with Allianz, BlackRock, Generali backing
Over 20 institutional investors allocated capital to the fund, investing in German and European venture capital and venture debt funds
-
NewsBT Pension Scheme sees assets drop despite improved funding position
The scheme’s deficit dropped to £3.7bn in 2023 compared with £8bn in 2020, while its liabilities also declined to £41bn in 2023 compared with £51.28bn in 2022
-
NewsSuperfund transfer ‘viable’ solution to schemes, poll finds
Trustees agree more schemes will follow now that first superfund transaction is completed
-
NewsIndustry raises concerns over DWP’s UK general levy proposals
APPT believes removing £10,000 charge for smaller schemes would lead to higher standards of governance
-
NewsLCP urges UK DB sponsors to prepare for challenging economic times
Covenants under scrutiny: LCP urges sponsors to be ‘proactive’ as corporate insolvencies look set to increase
-
NewsClara’s first superfund transaction marks ‘significant milestone’ for UK pension industry
LCP estimates there could be £5bn or more further superfund transactions in the next few years
-
NewsSwiss pension schemes see funding ratios decline in Q3
Commodities help sustain returns as situation in oil market remains tense, says Swisscanto
-
NewsSouth Yorkshire pension fund delivers surplus of assets over liabilities
This is the first time South Yorkshire Pensions Authority delivered surplus of assets over liabilities since 1990s
-
NewsStandard Life highlights barriers for trustees to deliver endgame strategy
Market volatility was cited as a key concern by trustees to deliver their endgame strategy
-
NewsEquities performance knocks Swiss fund market in Q3
Almost all asset classes suffered outflows in the first nine months of the year, says AMAS
-
NewsAustrian Pensionskassen returns slow down in Q3
Pension schemes will ‘continue to rely on their diversification strategies to achieve solid long-term results for their beneficiaries’, says association
-
NewsUK sees record £21.2bn transferred to insurers in first half of 2023
LCP research shows number of UK private sector DB schemes fully-funded on buyout has increased to 20%
-
NewsWTW expects Swiss corporate pension funds to lift technical interest rates
Discount rates increased during the third quarter of this year, pushing down liabilities by 0.5%, according to the consultancy
-
NewsPension schemes encouraged to run on to avoid potential value loss
Van Lanschot Kempen launched a solution for schemes approaching their endgame to encourage longer term thinking for the benefit of members, trustees and sponsors
-
NewsLondon Stock Exchange Pension Scheme in £335m buy-in with Standard Life
The transaction secures benefits of the scheme’s 1,740 members
-
News68% of Irish DC schemes plan to wind up and transfer to alternative arrangement
Many schemes are moving their pensions into multi-employer mastertrusts or personal retirement savings accounts
-
NewsElevated mortality rates accelerate DB scheme shift towards de-risking
Mortality analysis from the start of the coronavirus pandemic until the end of 2022 showed that England and Wales had an excess mortality rate of 26% at the end of 2022
-
NewsSwiss pension fund industry slams regulator’s new definition of improved benefits
The Swiss Chamber of Pension Fund Experts (SKPE) has firmly rejected the proposed change because it is ‘too restrictive’
