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Searching for: topic is "Winding-up"

Surveys listed in reverse order of publication date

Results 1-12 of 12.

Pensions Buzz
Pensions Buzz
Professional Pensions
6 Sep 2018 United Kingdom Corporate Governance, Death Benefits, Master Trusts, NEST/Personal Accounts, Transfers, Trustees, Winding-up
Professional Pensions has published the latest edition of Pensions Buzz, a weekly survey which monitors the attitudes and opinions of the industry. This edition's questions include:
  • Should DB trustees reduce transfer values if they get a high volume of transfer requests?;
  • Should trustees always apply discretion when deciding who to pay out death benefits to?;
  • Should pension providers publish rationales for high executive pay when there is more than 20% shareholder dissent in AGMs?;
  • Should pension providers show more restraint on top level pay?;
  • Should NEST be used as a default scheme where a master trust that is not applying for authorisation cannot find a suitable scheme to wind up into?

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

BA11178A9    
 
Common challenges, diverging paths
Common challenges, diverging paths
BlackRock
Mar 2018 WORLDWIDE Corporate Governance, Investment - General, Investment - Performance, Scheme Design (inc. DB & DC), Scheme Issues & Trends, Winding-up
BlackRock has published the results of its global survey of 300 DB pension funds in which it examines the winding-down of corporate plans and the building-up in which non-corporate and public funds are engaging to strengthen those funds in the long term. According to the survey, both corporate and non-corporate DB pension funds are changing their governance and investment policies, with 74% of funds surveyed having created or revised their risk appetite statements during the last three years.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F1109427D    
 
Pension crisis hits home as of all Defined Benefit schemes expected to wind-up in just 12 months
Pension crisis hits home as of all Defined Benefit schemes expected to wind-up in just 12 months
Irish Association of Pension Funds (IAPF)
1 Oct 2013 Ireland Winding-up, Scheme Design (inc. DB & DC), European Union members
According to the Irish Association of Pension Funds (IAPF), the number of defined benefit pension schemes has plummeted by 25% in a year, from 1,000 at the end of 2012 to 820 today and a projected 750 by the end of this year.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2013 or click here (this link will not work in all circumstances). For further information about Perspective click here.

96798829   Click here to contact the authors.
 
PPF 7800 Index
PPF 7800 Index
Pension Protection Fund (PPF)
9 Feb 2009 United Kingdom Winding-up, Surpluses and Deficits, Scheme Issues & Trends, Pension Protection Fund, Funding and Minimum Funding Requirement
According to the latest update of the PPF 7800 Index, the aggregate funding position (total assets minus total liabilities) of almost 7,800 defined benefit funds is estimated to have improved slightly over the month to a deficit of £190.6bn at the end of January 2009, from a deficit of £194.5bn at the end of December 2008. Scheme funding is worse than it was a year previously (there was a deficit of £48.8bn in January 2008).

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Feb 2009 or click here (this link will not work in all circumstances). For further information about Perspective click here.

BC464218    
 
Benefity Security Pension Fund Guarantee Schemes
OECD Working Paper 5
OECD
Jan 2007 WORLDWIDE Worldwide News, Winding-up, Scheme Issues & Trends, Investment - General, Insolvency, Funding and Minimum Funding Requirement, Administration
OECD Working Paper 5 examines the issue of pension benefit security and the actions countries have taken to tackle the problem. One of the key conclusions from the OECD's report is that, to work effectively, these schemes must have suitable independence and powers to set and collect appropriately risk-adjusted premiums - but they also need to be considered along with other benefit protection policies (notably effective funding rules).

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2007 or click here (this link will not work in all circumstances). For further information about Perspective click here.

E1463742    
 
Occupational Pension Schemes Survey 2005
Occupational Pension Schemes Survey
Government Actuary's Department (GAD)
15 Jun 2006 United Kingdom Winding-up, Scheme Issues & Trends, Administration
The Government Actuary Department's (GAD) thirteenth survey  of occupational pension schemes shows that the estimated number of active employee members of private-sector schemes for 2005 is 4.7 million - down 0.1 million since 2004, and a continuation of a decline since 1991, although in defined benefit schemes both employee and employer contributions have risen slightly on average since 2004.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2006 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F33350AA   Click here to contact the authors.
 
Companies failing to manage defined benefit pension legacy
Companies failing to manage defined benefit pension legacy
Aon Consulting
6 Sep 2005 United Kingdom Winding-up, Scheme Issues & Trends, Scheme Amendment, Scheme Design (inc. DB & DC)
According to recent research from Aon Consulting, 70% of companies that have closed their defined benefit (DB) pension schemes to new members have no exit strategy in place for their DB pension scheme. This is despite the fact that 88% of UK companies operating a closed scheme continue to be significantly concerned by the drain on their finances.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1D3045FA    
 
Occupational Pension Schemes Survey 2004
Occupational Pension Schemes Survey
Government Actuary's Department (GAD)
16 Jun 2005 United Kingdom Winding-up, Occupations/Industry Sectors, Funding and Minimum Funding Requirement, Advisers
The twelfth in a series of surveys stretching back to the 1950s, covering the structure and benefits in occupational pension schemes. Rated-up results for the UK as a whole based on a sample drawn from the Pension Schemes Registry.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1B2987EC   Click here to contact the authors.
 
Charity Reserves and Defined Benefit Pension Schemes
Charity Reserves and Defined Benefit Pension Schemes
Charity Commission
May 2005 United Kingdom Winding-up, Trustees, Scheme Amendment
This report from the Charity Commission suggests that trustees must take action (including closing schemes) to prevent rising pension costs draining donations. It focuses on the implementation of FRS17, which has brought about (for accounting periods beginning on or after 1st January 2005) the balance sheet recognition of pension assets or liabilities for charities that operate defined benefit pension schemes.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

4C2966D1   Click here to contact the authors.
 
Insolvent Pension Wind Ups
Insolvent Pension Wind Ups
Department for Work and Pensions (DWP)
Jun 2004 United Kingdom Winding-up, Insolvency
This research suggests that 65,000 people have lost significantly and by over 20% of their expected pension benefits from underfunded schemes wound up by insolvent employers.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1A24232C    
 
Report on pension wind up issues and concerns during 2003
pension wind up issues and concerns
OPAS
Jan 2004 United Kingdom Winding-up
This report reflects on the issues which have been raised with OPAS by scheme members over the last 12 months in the context of pension wind-ups. It illustrates some of the fears and anxieties involved and considers to what extent Government action so far will help to stabilise the situation.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

C01991D6   Click here to contact the authors.
 
Benefits Lost in Final Salary Wind Ups
Loss of benefits on wind up
HighamNobbs
Oct 2002 United Kingdom Winding-up
This research, conducted amongst pension trustees, reveals that pension fund members have missed out on up to 800m of benefits because final salary pension schemes have been wound up inefficiently.  

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2002 or click here (this link will not work in all circumstances). For further information about Perspective click here.

440685BB   Click here to contact the authors.
 

Results 1-12 of 12.