According to our Navigating Change report, free thinking and independent advice are crucial factors in avoiding retendering triggers. Paul Houghton’s latest blog provides further insight into these structural shifts.
From Brexit to Safeway via the Lifetime Allowance – Head of Pensions Research, Tyron Potts, maps out an ‘A - Z’ of everything you may have missed in the world of pensions this spring.
A new era for the pensions industry, as defined benefit (DB) schemes reach maturity, is shifting the strategic focus of many schemes to the potential end-game of risk reduction, often leading towards buyout.
John Cormell focuses on our approach in considering the specifics of each scheme and to only implement GMP equalisation in transfer values where appropriate and agreed by the trustees.
Many schemes are addressing the short-term issues around GMP equalisation, but they must think how they adjust the benefits for members and operate with those adjustments in place.
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.
What does the ideal actuarial consultant look like? Danny Wilding, partner at Barnett Waddingham, argues the need for teamwork in actuarial consultancy.
John Cormell and Richard Gibson explore the issue of guaranteed minimum pension (GMP) conversion.
The Department for Work and Pensions (DWP) has published a response to its June 2018 consultation on the subject of building “a Stronger Pensions Regulator”.
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.