Authorisation will lead to higher standards for all master trusts but their individual identities will remain, according to industry experts
Amrit McLean of Aviva considers an alternative approach to liability management exercises
Yesterday's increase in the Bank of England's (BoE) base rate will not have an immediate significant impact on defined benefit (DB) scheme funding but schemes should reconsider their investment allocation, industry commentators have said.
The combined deficit of the UK's 5,588 private sector defined benefit (DB) schemes was £85.6bn at the end of June, according to the Pension Protection Fund (PPF).
Aviva Investors has poached a team of eight equity fund managers from Standard Life Aberdeen (SLA), including two sector heads, as it opens an Edinburgh office for the firm.
UK pension funds are set to boost their allocations to alternative income assets by more than 50%, according to research by Aviva Investors.
The aggregate defined benefit (DB) funding level worsened in March, hitting its worst level since last August, the Pension Protection Fund (PPF) has said.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Defined benefit (DB) schemes saw a £21.1bn growth in their funding shortfall last month as both gilt yields and equities suffered falls, according to the Pension Protection Fund (PPF).
With the AGM season just around the corner, Victoria Ticha looks at what we can learn following the recent collapse of the construction giant