Looking ahead to the 31 March 2019 year-end, most companies reporting are currently looking at a broadly unchanged IAS19 funding position. The average funding level in our most recent survey was 96%, and this is likely to stay around this level.
See the key findings of our recent ‘Perspectives on Value’ report, which canvasses 100 leading voices from 45 UK life insurance firms.
From Barnardo’s and BT to Superfunds via GMP – Head of Pensions Research, Tyron Potts, maps out an ‘A - Z’ of everything you may have missed in world of pensions this winter.
The DWP issued a response to its consultation on trustees’ investment duties in 2018. The focus was on the expectations upon trustees to take account of financially material risks within their investment strategies.
One of the questions I often hear in relation to pension provision for employees is: why should we do any more than we have to? It’s not our problem.
2018 was another eventful year for pensions. In the LGPS we saw three new sets of regulations passed introducing exit credits, equalisation of survivor benefits and new powers for MHCLG to issue statutory guidance.
Barnett Waddingham has responded to the DWP consultation to say we support the DWP in setting out the government’s proposals for Collective Defined Contribution (CDC) schemes. Danny Wilding, Partner, sets out his views on the consultation.
A recent Briefing Note from the Pensions Policy Institute (PPI) explored the difficulty in estimating the number and total value of ‘lost’ pensions in the United Kingdom
On 14 November 2018, the IASB announced a deferment of the IFRS17 implementation date by a year, with some still calling for a two year delay. This coming so closely after the implementation of Solvency II has meant that most European firms are now exhausted and/or reluctant to consider any major operational changes arising from IFRS17 in the first instance.
As technology continues to change the way we live and work, a core element of our service offerings is online access via the internet. BWebstream is our secure, easy to use, fully-integrated online platform for pension schemes, giving exceptional control over administration. Lisa Hodge from the Public Sector Consulting team tells us how the team has been using the tool.