Willis Towers Watson proposes six changes the government could make to facilitate access to ‘trapped surplus’ within DB pension schemes – unlocking an opportunity to use the capital more productively for the benefit of employers, employees, and the UK economy. UK private sector defined benefit (DB) pension schemes hold around £1.5 trillion in assets, and […]
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While improving and maintaining funding levels remains the most important priority for UK DB schemes. there is a marked increase of 11 pct to 56 pct in the importance decision makers are placing on de-risking towards their endgame, compared to a previous analysis in autumn/winter 2022, Russell Investments said.. It also noted that in the
Defined Benefits schemes accelerating to de-risk towards end-game – Russell Investments Read More »
Some Sotheby’s pensioners are considering taking their cases to the Pensions Ombudsman, alleging maladministration over the way the scheme was explained to them. The auction house has stopped paying inflation increases on pre-1997 pensions that pensioners thought were guaranteed and is now planning a scheme buyout without the increases, Mallowstreet.com reports. Pensions accrued before 1997
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