Page 71 - Defined Benefit News Today

Local Government Pension Scheme (LGPS) funds should expect to see significant improvements in funding level at the 2022 valuation, Hymans Robertson says.

Articles written by Stephanie Baxter - Page 1

Introduction - On August 25, the U.S. Securities and Exchange Commission (SEC) adopted (with the two Republican SEC commissioners dissenting) final pay-versus-performance ...

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Cleveland-Cliffs, United Steelworkers announced collective bargaining agreement covering workers at Minorca facility.

Trustees and pension managers should not overlook the importance of the member communications. Done wrong, they risk causing concern – even panic – amongst members; done right, they present an opportunity to provide reassurance, promote the value of members’ pensions and encourage wider engagement.

A further round of strike ballots at UK universities including one which will centre on pension disputes is set to begin on 6 September, the University and College Union (UCU) has confirmed.

New rules which now apply to financial advice firms that provided pension transfer advice to ex-British Steel Pension Scheme (BSPS) members will mean some are subject to an asset restriction to ensure they can make appropriate redress payments.

A new low-cost defined benefit (DB) scheme that allows member contributions to be as low as 0% should be considered by the Universities Superannuation Scheme (USS) to stop members opting out, the University and College Union (UCU) says.

Increasing focus on ESG The benefits of purchasing a bulk purchase annuity (i.e. a buy-in or buy-out) for trustees and scheme members are well understood. They...