Defined benefit – Page 9
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NewsPublica sees increasing trend towards lump sum pension withdrawals
Pension funds increase contributions to compensate for falling conversion rates to calculate payouts, says director
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NewsUK pensions regulator to strengthen its authoritative grip
From April, TPR will create three new regulatory functions that protect, enhance and innovate in savers’ interests
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NewsNumber of UK defined benefit schemes continues to shrink
The number of UK DB schemes reduced by 2% from 5,378 to 5,297 in 2023
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NewsVector Pension Scheme completes buy-in with Standard Life
The transaction secures the benefits of approximately 1,800 members
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NewsCurrency hedging can be big liquidity drain for UK schemes, says Railpen
‘Currency hedging can be a big risk to a portfolio’ says John Greaves
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NewsTesco Pension Scheme to outsource investment management to Schroders
The transfer of its investment portfolio management to Schroders will be completed before the end of 2024
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NewsEIOPA’s IORP Risk Dashboard shows market and asset return risks as main concern
Liquidity risks are at a medium level but show an increasing trend compared to the previous quarter, driven by developments in derivative positions
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NewsIndustry sees continuity in Labour Party pension plans
Some ‘slightly interventionist’ changes include strengthening TPR powers in relation to DC consolidation
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News2024 to be the biggest year for UK pension de-risking
WTW expects the pension risk transfer market to reach £80bn in 2024
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Asset Class ReportsUK equities fail to regain their shine
UK pension funds are abandoning domestic equities, and the country’s global weighting in indices has also declined significantly
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AnalysisMansion House reforms: UK government should embrace long-term thinking to boost the economy
Other countries have been far better than the UK at creating long-term strategies that have been maintained way beyond the five-year or shorter electoral timescales on which UK politicians focus
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Country ReportViewpoint: Ireland’s pension priorities for 2024
The country’s retirement landscape is changing fast
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Opinion PiecesCorporate pensions: a close eye on yields in 2024
The final two months of 2023 saw a return to form for global fixed income and equities, with respectable single and double-digit numbers in each case. After a false start in early 2023, at least for a multitude of asset forecasters, bonds were finally back in the final months of last year.
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Opinion PiecesGuaranteed retirement income and AI: key themes for the US in 2024
The three major 2024 trends in the US retirement industry, according to senior industry figures interviewed by IPE, are: Plan sponsors will continue to expand financial wellness programmes and explore optional provisions of the new pension law SECURE 2.0. Plan participants will up their demand for guaranteed income and ...
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Country ReportIrish DB funding level above 100%
The average funding level of defined benefit (DB) pension schemes in Ireland has increased to 108% in 2022.
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NewsPension insurers charter commits to sustainable pension risk transfers
‘The charter delivers on a better articulation of what the pensions community wants from insurers,’ says A4S
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NewsDWP regulation is ‘starting gun’ for new DB funding regime
Final set of regulations provide greater flexibility for mature schemes to diversify investments in a wide range of assets without constraints, says PLSA
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NewsUK government confirms final DB scheme funding regulations
The regulations are set to come into force from April 2024
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NewsUK innovation and tech pension scheme in £400m buy-in deal with Just Group
The deal secures the benefits of all 2,500 pensioners and dependants and 1,500 deferred members of the scheme
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NewsRexam Pension Plan in £1.4bn buy-in deal with Rothesay
The deal secures the benefits of over 14,000 members of the scheme
