FD

Law and Regulation

British Airways: Trustees hid benefits increase decision from company and TPR

Trustees of the Airways Pension Scheme (APS) deliberately kept their decision to increase benefits by 0.2% above the Consumer Price Index (CPI), a lawyer for British Airways (BA) has claimed.

clock 02 November 2016 • 2 min read

Defined Benefit

Workers at AWE vote overwhelmingly for strike action over pensions

Workers at the Atomic Weapons Establishment (AWE) have voted overwhelmingly for strike action over the company’s plans to close its defined benefit (DB) scheme.

clock 01 November 2016 • 2 min read

Defined Benefit

Hymans Robertson: More than half of FTSE 350 schemes cashflow negative

The number of FTSE 350 defined benefit (DB) plans which are cashflow negative has increased from 50% to 57% over the course of the year according to Hymans Robertson.

clock 01 November 2016 • 2 min read

Defined Benefit

One-third of over 40s would consider DB to DC transfers to access pension freedoms

Nearly one-in-three retirement savers would consider transferring final salary pension benefits to defined contribution schemes, latest research shows.

clock 01 November 2016 • 2 min read

Defined Benefit

Pension-related insolvencies could be prevented by more stringent accounting

IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.

clock 31 October 2016 • 7 min read

Defined Benefit

Case study: When fiduciary management ends in buyout

When J. Whitaker & Sons Final Salary Plan appointed a fiduciary manager it was targeting self-sufficiency. However, strong investment returns and the ability to react quickly to changing market dynamics have led to a different result finds Helen Morrissey....

clock 26 October 2016 • 6 min read

Appointments

Stamford Associates hires head of fiduciary management advisory

Carl Hitchman has been appointed by Stamford Associates to lead its new fiduciary management advisory initiative.

clock 03 October 2016 • 1 min read

Defined Benefit

Co-op's pension surplus rockets 78% in a year

The Co-operative Group has reported a £564m increase in the combined surplus of its defined benefit (DB) schemes.

clock 23 September 2016 • 1 min read

Law and Regulation

PPF proposes solution for FRS 102 impact on insolvency ratings

The Pension Protection Fund (PPF) has proposed a way to address the impact of the accounting standard changes on Experian scores in its 2017/18 levy rules consultation.

clock 23 September 2016 • 2 min read

Defined Benefit

Keating: How can we deal with DB deficits?

Evening Standard's columnist Anthony Hilton's critique of how the industry deals with defined benefit deficits sparked much debate with Redington's Dan Mikulskis writing a rebuttal for Professional Pensions. Con Keating gives his view.

clock 23 September 2016 • 4 min read
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