The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone.
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years.
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals.
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report.
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition.
European pension schemes are turning to cash and away from equities as funding ratios improve, a survey of the continent’s defined benefit (DB) plans from Goldman Sachs reveals.
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s net zero and levelling up ambitions.
Invesco Real Estate has launched a fund exclusively for Defined Contribution (DC) pension schemes in the UK.
Ever since Robert Maxwell was found to have treated the Mirror Group pension fund as his own personal piggy bank, the government has insisted that schemes appoint member nominated trustees (MNTs) to improve scheme governance and ensure such fraud never happens again.
2023 has proven another healthy year for the UK’s defined benefit (DB) pension schemes. The latest figures from the Pension Protection Fund (PPF) report an overall funding ratio for the index is still 145.7 per cent, up from 133.7 per cent this time last year, which while mostly attributable to rising gilt yields, still gives trustees more room to manoeuvre than they have had for years in terms of planning their endgames.
