On 12 July 2017, the Supreme Court ruled in the long-running case of Walker vs Innospec that an exemption in UK law that allowed occupational pension schemes to maintain historical discrimination between survivors’ benefits for same-sex and opposite-sex couples was incompatible with EU law.
The judgement will have significant implications for those pension schemes that had been relying on this exemption.
Click here for the full briefing.
It has been 10 years since the term ‘buy-in’ was coined. Initially, buy-ins were for all pensioners in a scheme. As the market has evolved and schemes have become more sophisticated in their approach, subsets of pensioner liabilities are now being insured.
We are working with clients to build bulk annuity purchases into their journey plans to get them to buy-out efficiently. This approach brings with it questions and decisions for trustees.
Our latest de-risking bulletin, here.
The complete Integrated Risk Management solution for defined benefit pension schemes.
Understand and manage the real risks associated with your pension scheme.
Click here to find out more.
Risk of Ruin, our new Integrated Risk Management solution, allows trustees and sponsors of defined benefit pension schemes to:
Understand how likely it is that their scheme will be able to pay full benefits;
Look at the impact of different funding, investment and management strategies in enhancing the security of member benefits;
Consider how changes in the covenant will impact on member benefit security.
Got a minute? See how it used to be done, scroll down to the Vimeo video here.
With the snap general election upon us, we take a short guided tour of the recently published manifestos to see what pledges relating to pensions have been made. Click here for our quarterly pensions bulletin.