DB & Derisking

A round-up of the pensions industry stories published across the FT Group – from the progress of the US derisking market to a regulatory probe into allegations of excessive transition management fees.

News analysis: The Pensions Regulator’s 2013 annual funding statement has set out the flexibilities open to schemes in the tough economic climate, but pension professionals have said those carrying out valuations this year could find the process challenging.

Local authority funds have ramped up their interest in multi-asset strategies as they try to manage the impact of volatility on their investments, according to new investment data.

The London Borough of Havering Pension Fund is planning to invest in delayed local property projects including residential housing, as more council funds increase their exposure to property to match liabilities and boost community investment.

A round-up of the pensions industry stories published across the FT Group – from Kodak's polarising deal to release its beleaguered sponsor from pension claims, to institutional investor protests at the European Commission's planned transaction tax.

Local Government Shared Services has revealed a £750,000 saving to its combined £3bn pension fund from pooling the administration and fund management of two local authority schemes.

The Islington Council pension scheme’s recovery plan has not dented its deficit, due to overly optimistic longevity and equity performance predictions, leaving the scheme promising “radical thinking” to increase investment returns.

Data Analysis: Schemes have ramped up their holdings of short-term assets since the turn of the millenium as managers battle negative cash flows, with their pension payments starting to overtake contributions.

A round-up of the pensions industry stories published across the FT Group – from better-than-expected economic figures to the prospect of supermarket-bought annuities.

Data analysis: Last year saw the greatest number of £100m-plus individual derisking deals made by schemes since 2008, despite an overall drop in the volume of business, according to new data.