In the first feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring why the schemes were set up, how they have changed, and the case for their creation.
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
The transition from RPI to CPIH could have a significant impact on pension funds. However, as Con Keating says, the real challenges of this shift may come from an unexpected area.
Costs and fees are just a small part of the overall value for money definition, argues Con Keating
It may be time to create variations of limited liability, but each alternative has its own problems, Con Keating argues.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
The last month has seen a flurry of reports, studies, consultations and discussion papers published. Con Keating takes a look
It is important to look back at how the discount rate methodology came about in the first place, says Brighton Rock Group's head of research
Blockchain is a "natural solution" to many of the challenges a collective defined contribution (CDC) structure poses for pension governance and administration.
Iain Clacher and Con Keating say there is much confusion over pension valuations and argue all the methods currently used are wrong. They say a pragmatic resolution could be to use the expected return on assets