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Final salary schemes

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  • Monday, 30 January, 2023
    Pensions industry
    Push into illiquid assets exposes UK pension savers to higher fees

    Government presses ahead with plans to funnel scheme funds into infrastructure and start-ups

  • Friday, 13 January, 2023
    Helen Thomas
    Can we talk more about my pension this year?

    Comfortable world of defined benefit schemes has dominated UK news — what about the rest of us?

  • Thursday, 29 December, 2022
    Pensions crisis
    Pensions industry and consultants play blame game over LDI crisis

    Calls grow for regulation of UK’s influential and concentrated investment advice sector

  • Wednesday, 21 December, 2022
    The Big Read
    Lessons from the gilts crisis

    The meltdown was an early warning about radical changes in financial markets and suggests pension systems might not be fit for purpose

  • Thursday, 8 December, 2022
    LexPensions crisis
    UK pensions/LDI: crisis fallout has implications for scheme deficits Premium content

    Every crisis tends to be followed by an equal and opposite regulatory reaction

  • Friday, 2 December, 2022
    Financial Conduct Authority UK
    FCA issues first fine in British Steel pension mis-selling scandal

    Welsh financial adviser hit with £2.4mn penalty for ‘woeful’ guidance to quit defined benefit schemes

  • Monday, 28 November, 2022
    UK mis-selling
    Cost of funding pension scandal payout for UK steelworkers falls sharply

    Improvement in annuity rates slashes money needed for compensation linked to British Steel Pension Scheme

  • Friday, 14 October, 2022
    Markets InsightJohn Ralfe
    Investigation needed to hold those behind UK pension crisis to account

    Taxpayers should not bail out companies that have been speculating

  • Friday, 7 October, 2022
    Serious MoneyMoira O'Neill
    Time to switch out of a defined benefit pension?

    Rising rates make annuities attractive for DB pensioners but they’re not right for all

  • Wednesday, 5 October, 2022
    Pensions crisis
    A brief history of LDI

    How an accounting tweak and a radical actuarial theory created a trillion pound asset class

  • Wednesday, 5 October, 2022
    Helen Thomas
    UK pensions implosion could end with a deals boom

    Hidden risks revealed by crisis may prompt ‘buyout’ deals that shrink world of defined benefit schemes

  • Monday, 3 October, 2022
    Financial services
    Asset managers cut debt in pension scheme investing strategies

    Shift to safety comes after market turmoil triggered by UK mini-Budget

  • Monday, 3 October, 2022
    Pensions
    Liability-driven pension investing is still sound, says man who brought it to UK

    Strategy that drove last week’s market crisis helps ‘immunise’ funds against interest rate and inflation moves

  • Thursday, 29 September, 2022
    Capital markets
    LDI: the better mousetrap that almost broke the UK

    A Q&A on what went wrong with liability-driven investing

  • Wednesday, 28 September, 2022
    Pensions
    What does the bond rout mean for my pension?

    Fallout from UK chancellor’s mini-Budget spreads from property to retirement

  • Wednesday, 28 September, 2022
    Gilts
    The reason the BoE is buying long gilts: an LDI blow-up

    Pension plan plumbing problems forced the Bank’s hand

  • Monday, 25 July, 2022
    Universities Superannuation Scheme
    Pension chief bonus sparks union anger ahead of university strike ballot

    College staff condemn payment to Universities Superannuation Scheme boss after facing retirement benefits cuts

  • Wednesday, 20 July, 2022
    Financial Conduct Authority UK
    MPs call for review into UK regulator’s handling of pension mis-selling scandal

    Financial Conduct Authority ‘failed’ to protect British Steel Pension Scheme members from ‘unscrupulous advisers’, report finds

  • Friday, 1 July, 2022
    Pensions industry
    UK pension schemes confronted by growing liquidity strains

    Investment consultant Mercer warns more asset sales will be required to avoid disruption to long-term plans

  • Thursday, 23 June, 2022
    John Ralfe
    Collective pensions: there’s little protection in the crowd

    Policymakers would do better to focus on improvements to individual defined contribution schemes

  • Saturday, 18 June, 2022
    UK universities
    Universities accused of misleading claims over UK staff pension reforms

    Younger workers could lose up to £200,000 under benefits changes introduced in April, analysis shows

  • Friday, 13 May, 2022
    Pensions
    Inflation: managing the threat to your pension

    The divide deepens between defined benefit and defined contribution schemes

  • Monday, 25 April, 2022
    Pensions industry
    UK regulator invokes emergency powers to address steelworker pension scandal

    FCA issues order to stop advisers from offloading assets to avoid paying compensation

  • Thursday, 31 March, 2022
    UK mis-selling
    FCA’s redress scheme for steelworker pension mis-selling comes under fire

    Advocates describe regulator’s proposal as ‘compensation on the cheap’

  • Friday, 18 March, 2022
    Pension transfers decline as advisers back away

    Number of IFAs permitted to give transfer advice has more than halved in the past four years

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