Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes
But fears of a repeat of the 2022 gilt market crisis are not justified
Yields on benchmark UK government bonds have risen more than four-fold during 2022
Overall, today’s statement will lead to an improvement in DB scheme funding
The hearing could have significant ramifications for schemes if successful
DB consolidator says ‘major milestone’ will allow schemes a share of strategy control
Findings that more than half of schemes will allocate more to CDI in the next three years
Barnett Waddingham has promoted nine to partner level in response to growing client demand and to maintain market-leading service delivery for clients.
Potential changes to the Retail Prices Index (RPI) could land some schemes with a fall in their funding level as high as 12% according to Barnett Waddingham.
People who have left risks unmanaged will be rewarded under the government’s proposals to reform the Retail Prices Index (RPI) while those in well-risk-managed schemes could lose out, says Barnett Waddingham.