Surpluses often trapped with accounting rules providing block on discretionary increases
Incoming chair says issue is the ‘defining challenge of our generation’
PwC asks if public sector schemes will look to use surpluses to meet contribution costs
PwC research says it is ‘critical’ for schemes to assess full range of options for their endgame
Surplus options and public sector consolidator causing some schemes to re-evaluate strategy
Platform aims to make it easier for trustees to understand how portfolios are performing
PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout
Funding code and regs expected to apply to scheme valuations from September
LGPS funds and several UK asset managers included in TNFD early adopters list
PwC and XPS analysis find funding levels remain high despite narrow falls in surpluses