Despite the very different circumstances facing individual companies, bac‘s autumn 2019 survey reveals a surprisingly consistent picture of the actions which companies are finding most attractive to manage their DB and DC pension arrangements.
Month: October 2019
In the news this week, an ACA survey reveals employers’ intentions with regard to GMP equalisation, the DWP proposes substantial increases to the general levy and Aviva completes a large buy-in for its own staff pension scheme.
In the news this week, Asda insures all its DB liabilities, with bac’s support, September’s CPI is published and the Pension Schemes Bill finally emerges.
In the news this week, a Pensions Bill is set to be unveiled in the Queen’s Speech on 14 October 2019 and a third large Rothesay Life buy-in is announced within a fortnight.
In the news this week, guidance on GMP equalisation is published, the Regulator cracks down on record keeping and another large buy-in is announced.
As DB liabilities have become legacy issues to be managed, governance has become the umbrella term for a broad range of risk management tools. In this publication, we look at the DB governance solutions we have helped our clients to implement.