As we celebrate the 20th birthday of the covenant industry (20 years on from the Pensions Act 2004), we have found it helpful to reflect on the lessons of the past in order to help us focus on what really matters now, and how best to adapt to the new regulatory regime and the ever-increasing use of technology. Read more here.
In this series of our bite-size videos, we consider how pension schemes and their stakeholders have been impacted by the rapid improvements in scheme funding resulting from the recent rise in gilt yields.
The Annual Funding Statement appears to factor in some of the feedback on the draft Funding Code, providing more nuanced commentary on covenant and integrated risk management.
Emily Goodridge and Christopher Heritage summarise the key points here.
We recently commissioned research with Mallowstreet to look at the challenges and barriers to improving diversity, equality, and inclusion (DEI) across the pensions industry.
A corporate transaction can have a material impact on the employer covenant, future funding plans and risks faced by a pension scheme. To help trustees navigate such events, we have produced three short videos for you to watch
The Pensions Regulator (TPR) published its Annual Funding Statement (AFS) setting its expectations of trustees and sponsors for the year ahead. Covenant remains a key focus as trustees are encouraged to focus on current challenges and longer-term risks. Emily Goodridge and Nigel Sillis summarise the key points here.
Steven Berkovi, explains how having a portfolio that is genuinely diversified between growth-seeking and defensive investments will keep your pension scheme investments in the sweet spot.
