Defined Benefit

Funding ratio rises to 127.7% on a section 179 basis after long-dated bond yields increased

Move will create pool with around £110bn of investments across 18 partner funds

The UK defined benefit (DB) pensions market has seen a huge amount of change in the last 12 months, shaped by a confluence of regulatory and market developments

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Society warns bulk annuity market growth has exacerbated the strain on schemes’ administrative capabilities

Enplan was launched in 2017 by professional independent trustee Entrust

The government is making it easier for well-funded DB schemes to release surplus, when ‘safe to do so’, and trustees will need to set out their proposed approach to surplus extraction as part of their statement of strategy. As we weigh up this crucial issue of ‘safety’, let’s look to the insurance market to consider how DB schemes might run on and extract surplus for now, while preparing to pivot to buyout if needed.

Consultancy says DB market has undergone a ‘vast’ and ‘significant’ change in recent years