An analysis of DB schemes in major Italian and Spanish companies with UK subsidiaries.
50% of employers are concerned that DC is not being used for its primary purpose
Why BWell 2017 questioned full and part time UK workers to determine the overall level of wellbeing and happiness in the workplace.
A recent investigation by Barnett Waddingham has uncovered significant inconsistency in the investment performance of UK with profit funds
Highly competitive insurer pricing compared to gilts is providing extremely attractive opportunities for schemes to remove both financial and longevity risks.
It has been a turbulent few years and our 7th annual report on the pension provision of the FTSE350 shows that 2016 was a particularly volatile year for the defined benefit (DB) pension schemes of the UK’s largest public companies.
Now two years into freedom and choice in DC retirement savings, for members of a DB scheme making the most of these flexibilities will involve transferring to a DC arrangement. We provide an update on the lay of the land.
The largest occupational pension schemes are an integral part of the UK economy. These schemes invest substantial amounts of capital in the wider economy and are responsible for the retirement wellbeing of a large proportion of the population. They also strongly influence the behaviour of smaller schemes, for example with respect to developing innovative methods of sponsor support and risk mitigation.
Our annual survey of FTSE100 pension disclosures shows deficit levels have not improved as anticipated. Despite significant contributions made by scheme sponsors and a decrease of £15bn in the deficit last year, the overall remained at around £20bn.
This survey looks at constituent companies of the Scandinavian OMX Share Index that have UK subsidiary companies that participate in DB pension schemes and covers 18 companies with an aggregate of around £5.9bn of UK pension liabilities between them.