We discuss how schemes can navigate a thorny investment landscape – and prepare themselves for buyout
Typical scheme can expect to fund 98.8% of accrued benefits
But the targets are supported when explained, with many considering divestment around climate change
The economic crisis provoked by Covid-19 led to a 5.1 percentage point fall in the average defined benefit (DB) funding position in the first three months of 2020, according to Legal & General Investment Management (LGIM).
Partner Insight: Diversification, a stable source of cash flow and expected returns in excess of expected defaults are among the benefits, says Martin Reeves, Head of Global High Yield at LGIM
Partner Insight: The search for yield and the need for greater governance are driving this trend, writes Jonathan Joiner, Senior Solutions Strategy Manager at LGIM
Here they are - the winners of the UK Pensions Awards 2018...
This week's top stories include BT seeking to switch indexation for the final section of its scheme, and Labour calling for collective defined contribution schemes.
Legal and General (L&G) has appointed Daniel Godfrey to its independent governance committee (IGC) and Moira Beckwith to its master trust board.
Experts have called for improvements surrounding pension communications, on the UK's third annual Pension Awareness Day.