Page 74 - Defined Benefit News Today

Actual and market expectations of inflation in the short-to-medium term have increased to historic highs. What does it mean for pension plans?

Morrisons has completed its rescue of the two McColl’s pension schemes following its acquisition of the wider retail group in May.

The Pensions Regulator (TPR) has outlined its last 12 months of work on defined benefit (DB) superfunds and confirmed the development of a legislative framework is on the horizon.

As the UK DC market continues to grow at pace, challenges are emerging for both members and schemes: consumers' life expectancy is growing, squeezing schemes' durability;...

The last few years have been broadly positive for defined benefit (DB) scheme funding as the damage caused by the 2008 financial crash and the subsequent creation of significant deficits has been gradually reversed.

Only 15 out of 359 Australian funds outperformed the last 20 years of booms and crashes: the "Fierce Performers" This outperformance amounts to ~$411k more for the average Australian by their retirement The largest outperformance occurred in the 'Sustainable' investment category Index funds also outperformed active funds, and lower-fee funds outperformed overall SYDNEY, July 13, 2022 /PRNewswire/ --Wealth advice platform and social enterprise Super Fiercehas launched Australia&...

The Lagos State Government has paid over N1.5 billion accrued pensions rights to 487 retirees for the month of July. | Pulse Nigeria

There is a real opportunity for a ‘win-win’ in flexible defined benefit transfer options, provided the terms of the offer are fair.  Members can enjoy greater flexibility and a pension which pays out when they need it most, whilst schemes can move closer to financial security. 

Before we discuss why trustees should care about interest rate rises, I want to very quickly touch on why we are seeing an increase in interest rates.

Counsell, who took the post in 2019, will leave at the end of March 2023.