A New World For Defined Benefit Pension Schemes - How To Maximise Outcome Certainty
Technical News November 2020. Defined benefit (DB) pension schemes face several evolving challenges as they mature and the regulatory environment evolves. These trends are sharpening the focus on how they invest to achieve their goals.
Technical News February 2020. Against a backdrop of improving funding levels, we conducted a survey of members of the Pensions Management Institute to uncover any observations that could help other invertors plan towards their endgame. The results confirm two existing industry trends and highlight three new observations. For a full write-up of the results, including guidance from PMI members, view the full report on the PMI website: De-risking investment strategies 1
Navigating the ‘pensions endgame’ universe (to reach the right destination)
Technical News January 2020. With the majority of private sector defined benefit (“DB”) pension schemes closed to new joiners, and increasingly closed to future benefit accrual, DB pension schemes have a finite life. Trustees and sponsors are increasingly considering new strategies as to how they manage a pension scheme to its end point. These strategies reflect that the scheme will be maturing over time, will become increasingly cashflow negative and will need to be funded to ensure all members’ pension benefits can be paid in full.
