Pension Funds Insider

Pension Funds Insider brings the latest pensions news and industry insights; from investment and governance updates to new mandate appointments and pensions regulatory information.

Risk Management

Image for MMC UK announces largest longevity risk transfer for UK pension fund for three years

MMC UK announces largest longevity risk transfer for UK pension fund for three years

21 September 2017

Marsh & McLennan Companies UK Pensions Fund(MMC) has announced the largest longevity risk for a UK pension fund since 2014.

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Image for Plumbing industry pension scheme secures £560m buy-in

Plumbing industry pension scheme secures £560m buy-in

14 September 2017

The trustee of the Plumbing & Mechanical Services (UK) Industry Pension Scheme has entered a £560million buy-in with Legal & General, covering its pensioner members.

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Image for The evolution of opportunity

The evolution of opportunity

23 August 2017

Ashu Bhargava discusses how pricing has evolved, giving pension scheme trustees greater opportunities than ever to de-risk.

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Image for SSE to deliver landmark £1.2bn longevity risk project

SSE to deliver landmark £1.2bn longevity risk project

21 August 2017

FTSE 100 energy company, SSE PLC, has worked with two of the Defined Benefit (DB) pension schemes it sponsors, to deliver a landmark project that will hedge £1.2bn of longevity risk.

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Image for Cyber risk at forefront of pension scheme concerns

Cyber risk at forefront of pension scheme concerns

04 August 2017

Risks posed by cyber security and data protection are high on the list of pension scheme's concerns, according national audit, tax and advisory firm Crowe Clark Whitehill.

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Image for Pension schemes take 'risk off the table'

Pension schemes take 'risk off the table'

09 June 2017

A survey from BMO Global Asset Management found that pension schemes prioritised de-risking in the first quarter of 2017.

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Image for Over-55s concerned with market volatility over politics

Over-55s concerned with market volatility over politics

18 May 2017

Brexit and Trump are low down the list of concerns for the over-55s, despite the fact they are concerned about market volatility and low interest rates in relation to their pension schemes.

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Image for Full individualization of pensions is maybe not the solution

Full individualization of pensions is maybe not the solution

17 May 2017

What about pooled annuity funds?

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Image for Solving the corporate pensions conundrum

Solving the corporate pensions conundrum

29 March 2017

John Towner from Legal & General speaks to The Telegraph's Business Reporter about the challenges facing defined benefit pension schemes and the options for companies and trustees

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Royal Mail pension scheme consultation ends

17 March 2017

A member consultation on the future of the Royal Mail pension scheme closed on 10 March, after a three-month consultation period.

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Image for Prudential and Rothesay Life in £960 million reinsurance agreement

Prudential and Rothesay Life in £960 million reinsurance agreement

17 March 2017

Prudential Retirement and Rothesay Life PLC have announced a new deal for pension liabilities covering around 22,500 pensioners.

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Image for Fertile terrain for pension scheme de-risking

Fertile terrain for pension scheme de-risking

15 March 2017

Costas Yiasoumi expects a bumper year for bulk annuity de-risking and says preparation can help schemes achieve their risk management objectives

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Image for 2016 in reflection: solvency, sovereignty and solutions.

2016 in reflection: solvency, sovereignty and solutions.

15 March 2017

Frankie Borrell reviews developments in the pension risk transfer market throughout 2016.

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Image for Lifetime ISA is risky, says PTL

Lifetime ISA is risky, says PTL

03 February 2017

The Government is overlooking risks to its new Lifetime ISA, according to a leading independent trustee and governance service provider.

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Image for Brexit leading to pension schemes transferring overseas

Brexit leading to pension schemes transferring overseas

12 January 2017

Increasing numbers of UK final salary pension schemes are being transferred into overseas schemes, in anticipation of the triggering of Article 50.

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Image for One million DB pension risks transferred to insurers in 'quiet revolution'

One million DB pension risks transferred to insurers in 'quiet revolution'

15 December 2016

UK company pension schemes have transferred the defined benefit (DB) pension risks of more than one million people to insurers, according to research by pension consultants LCP.

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Image for European pensions plans warn of post-Brexit risk

European pensions plans warn of post-Brexit risk

02 December 2016

European pension plans are overwhelmingly negative about the impact of Britain's decision to leave the European Union, according to new report.

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Image for Pension scheme inflation hedging increased

Pension scheme inflation hedging increased

21 November 2016

Inflation hedging by pension schemes increased by 11% in the third quarter of 2016, according to BMO Global Asset Management's latest survey.

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Image for HSBC adopts new climate change risk fund

HSBC adopts new climate change risk fund

10 November 2016

Legal & General Investment Management (LGIM) has launched a new fund that addresses investment risks associated with climate change.

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Image for UK pension deficits reach an all-time high

UK pension deficits reach an all-time high

16 September 2016

Research shows that during August pension deficits have grown by £100bn

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Image for China Logistics – Riding the Tide of Economic Rebalancing and the Internet Economy

China Logistics – Riding the Tide of Economic Rebalancing and the Internet Economy

23 August 2016

LaSalle believes that the strong fundamentals and structural changes that are underway in China have the potential to translate into a favourable risk-adjusted return profile for opportunistic investing in the logistics sector.

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Image for DB deficit hits £1trillion

DB deficit hits £1trillion

18 August 2016

The combined deficit of UK defined benefit (DB) schemes has hit £1trillion, according to pensions consultant Hymans Robertson.

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Image for Less pensions guidance, more advice please!

Less pensions guidance, more advice please!

20 July 2016

People are largely in favour of pension freedoms but just over a year in, we are already seeing people achieving poor outcomes and being targeted by scammers.

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Image for Could BHS be the tip of the iceberg for the pensions lifeboat?

Could BHS be the tip of the iceberg for the pensions lifeboat?

06 May 2016

The failure of BHS raises big questions about what happens to those schemes that are guaranteed to fail.

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Image for Emerging markets: where do we go from here?

Emerging markets: where do we go from here?

08 April 2016

It has been a difficult few years for emerging markets. Having been beset by challenges – from a rise in US interest rates to low commodity prices and slower economic growth – many investors are asking where we go from here. While the asset class faces headwinds, the long-term case is strong and intact: it remains a broad and diverse universe, currently at a potentially attractive entry point for long-term investors in both equities and bonds.

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Image for The search for secure income

The search for secure income

08 April 2016

The uncertain outlook for the global economy has raised the prospect that core interest rates might stay lower for longer. Yields on investment-grade debt are subdued, or even negative, and could stay that way for some time. One possible investment alternative is to explore the opportunities offered by dividend-growing stocks; their ability to offer secure income combined with lower volatility is attractive over the long term.

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Image for Are you exposing your DC members to sequencing risk?

Are you exposing your DC members to sequencing risk?

06 November 2015

Helping members achieve the best retirement outcomes under the new pension freedoms remains a major challenge for most DC schemes. Many of the 'one size fits all' flexi-access solutions that are currently being touted in the market will fail many DC members and potentially increase the risk of 'sequencing risk'.

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Image for Longevity swaps: Field of dreams or minefield of complexity?

Longevity swaps: Field of dreams or minefield of complexity?

05 October 2011

Longevity swaps are back in the spotlight following the first ever deal that hedges the risk of working contributors to a scheme. Some see the swap of £120 million worth of liabilities between JP Morgan and the Pall UK pension fund as indicating a new departure for a nascent market ready to take off, whereas others remain sceptical of their value to schemes. Pension Funds Insider investigates

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