Could the rush to buyout soon be over?
Stephanie Hawthorne says the re-emergence of scheme surpluses has opened up options for employers, trustees and members.
Source: professionalpensions.com
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Industry members claim DB pensions 'not a success story'
Members of the defined benefit (DB) sector have stated DB pensions should not be classified as a “success story”, according to research from Lane Clark & Peacock (LCP).
Source: professionalpensions.com
Industry warns government to tackle sustainability concerns in reforms
An open letter to pensions minister Laura Trott has called on the government to place social and environmental sustainability and intergenerational inequality” to be put “at the heart of planned pension reforms”.
Source: professionalpensions.com
BOE raises U.K. interest rates to 5.25%
The Bank of England raised U.K. interest rates by 25 basis points to 5.25% — its 14th consecutive hike — as it continues to battle inflation.
Source: pionline.com
'Lessons learned' from economic turmoil last year
The pensions industry is largely supportive of the Work and Pensions Committee’s (WPC) report on defined benefit (DB) schemes with liability-driven investments (LDIs).
Source: professionalpensions.com