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Blog
Reducing DB deficits costs FTSE350 37p in every £1
Our annual FTSE350 research has shown that firms pay 37p out of every £1 they spend on pension provision on reducing existing DB pension deficits.
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Blog
What is commutation of a pension?
The ability to take a tax free lump sum on retirement has long been a popular feature of pension arrangements. Commutation is defined as giving up part or all of t…
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Blog
PRA Solvency II update
On 25 July 2014 the PRA released an update on Solvency II implementation. Firms have been making significant progress towards the implementation date of 1 January 2…
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Case Study
Negotiating a termination deficit with an LGPS fund
This case study highlights a number of issues for employers who are Admission Bodies in the LGPS, including managing deficit predictions and understanding how asset…
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Briefing
Current Pensions Issues Summer 2014
Our most recent quarterly newsletter on current and topical pensions issues includes a DC pensions - 2014 Budget update and an update on TPR's new code of practice.
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Briefing
News on Pensions July 2014
In this month's News on Pensions we look at: TPR: Funding defined benefits, Defined Ambition pensions, PPF news and TPR: 2014 annual record-keeping survey.
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News
Expansion in our Investment Consulting team
We have appointed Simon Cohen and Rebecca Carse to join our Investment Consulting team. The two new appointments take the team’s numbers to over 40 for the first t…
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Blog
Switching to CPI may just have become a little easier
When the government changed statutory minimum pension increases to increases in CPI rather than RPI, many employers and trustees were flung into a flurry of activit…
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Blog
US to reform money market funds
On 23 July the US Securities and Exchange Commission approved new rules on money market funds. The rules are designed to prevent a run on investments as seen in 20…
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Blog
With-profits healthcheck
This blog recaps the background to with-profits governance, considers what the FCA review could focus on and suggests what you may wish to do ahead of this.