Trustees of DB schemes must consider many factors when considering a superfund transaction; buy-outs offer more security but are not always affordable.
Managing the risks is just as important in DC as it is in DB. By using the right kind of risk measures, we can focus on investment strategies on the end goals that actually matter.
With recent news highlighting the ever increasing number of people being caught by the LTA, we explain what it is and how pension schemes and their members can navigate their way through the pension tax maze.
By mid-2017, the UK population was estimated to be the largest it’s ever been and is expected to continue rising. As well as increasing in size, the ageing population is proportionately growing at a higher rate than the overall population.
Trustees of defined contribution pension schemes face increasing responsibility, as information must now be made available to the general public.
You must have heard about Climate Change lately – it has made an appearance in various publications from the PRA, FCA and EIOPA. Here at BW, we’ve been giving it a lot of thought too!
Supported by attractive pricing from insurers, many scheme are finding opportunities to de-risk using bulk annuities, meaning demand is extremely strong.
The assumptions that need to be made as part of the Local Government Pension Scheme (LGPS) valuation process are varied and many. For example, what investment returns will the Fund achieve in future? What are members going to be earning? How long will they live?
It’s easy for people outside of the pensions world to imagine that the role of scheme secretary is largely made up of arranging lunches, meeting rooms and taking notes. However, far from the in-depth and highly important role that has become a recognised.