News

Pensions Watch - Issue 34

26 February 2010

Shadow Secretary of State for Universities and Skills, David Willetts (aka “Two Brains”), highlights, in his new book...
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Pensions Watch - Issue 33

26 January 2010

After an extensive programme of research – that involved more than 3,200 employees...
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Pensions Watch - Issue 32

14 December 2009

According to SEI, half of the UK’s DB schemes now use LDI...
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Pensions Watch - Issue 31

20 November 2009

The aggregate deficit of those 7,400 UK private sector defined benefit (DB) pension schemes, covered by the industry funded Pension Protection Fund’s (PPF) safety net, improved from £148.9bn in September to £97.6bn in October...
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Pensions Watch - Issue 30

21 October 2009

Starting with some good news (though everything’s relative in pensions), the aggregate deficit of those 7,400 private sector defined benefit...
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Pensions Watch - Issue 29

14 September 2009

In the June 2009 edition of Pensions Watch, we boldly predicted that the month of June will be remembered by many pensions professionals as the point at which the future viability of the defined benefit (DB) pension scheme came under serious threat...
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Pensions Watch - Issue 28

30 July 2009

One of the largest pension funds in the US has filed a $1bn lawsuit against the three leading credit rating agencies…
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Pensions Watch - Issue 27

1 July 2009

June 2009 will be remembered by many pensions professionals as the point at which the future viability of the defined benefit (DB) pension scheme came under serious threat, as blue chips BP and Barclays made sweeping changes to their DB schemes.
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Pensions Watch - Issue 26

26 May 2009

In a UK first, two of, industrial goods and services group, Babcock International’s defined benefit (DB) pension schemes are poised to enter into a longevity swap to guard against the risk of the scheme’s current pensioners living longer than expected.
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Pensions Watch - Issue 25

26 March 2009

The collective deficit of those 7,800 defined benefit (DB) pension schemes insured by the Pensions Protection Fund’s (PPF) safety net rose from £190.6bn in January to a record £228.1bn in February...
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Pensions Watch - Issue 24

5 March 2009

With equity markets having retreated to their 1996 levels, data released by the pensions practice at PwC suggests that 10 years of saving into an occupational defined contribution (DC) scheme...
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Pensions Watch - Issue 23

27 January 2009

The Pensions Protection Fund (PPF) reports the collective defined benefit (DB) scheme deficit for UK plc (at the end of 08) amounted to nearly £195bn. This £40bn increase from Nov £155bn, is principally a result of the dramatic decline in gilt yields
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Pensions Watch - Issue 22

23 December 2008

The Pensions Regulator (TPR) reports that despite 89% of DB scheme recovery plans being set to repay the scheme deficit within 10 years, recovery periods may well lengthen from hereon against the current economic backdrop...
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Pensions Watch - Issue 21

20 November 2008

Against the backdrop of the demise of the City bonus culture, Mercer report that the median pay rates of Trustee Chairs have risen by 14% to £20,000 over the past year, whilst those of the median Pensioner Trustee have sky-rocketed by 80% to £9,000.
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Pensions Watch - Issue 20

3 November 2008

If evidence was ever needed that International Accounting Standard 19 (IAS 19) has been discredited, then the fact that as at 30 September FTSE 350 sponsored defined benefit (DB) schemes had a collective surplus of £1bn, is it.
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Pensions Watch - Issue 19

20 September 2008

Aside from exacerbating defined pension scheme deficits - to the tune of £45bn at the height of the turbulence according to Watson Wyatt...
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Pensions Watch - Issue 18

3 September 2008

KPMG has found that nearly three quarters of FTSE 100 companies could cover their IAS 19 scheme deficits in a single year.
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Pensions Watch - Issue 17

24 July 2008

This month we look at some good news and bad news for DB schemes and reflect on some research carried out by buyout specialist Paternoster.
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Pensions Watch - Issue 16

26 June 2008

Schemes reluctant to explore new avenues...
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Pensions Watch - Issue 15

21 May 2008

Footsie companies dip their toes into buyout waters...
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