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    Pensions crisis

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    • Friday, 10 March, 2023
      LexUK insurance industry
      UK pensions: buy out boom brings benefits Premium content

      Jettisoning schemes is liberating for companies that have long struggled with volatile deficits

    • Friday, 10 March, 2023
      News in-depthPensions industry
      Corporate rush to offload pensions adds to pressure on UK equities

      Funds sell stocks and lock in higher bond yields to make DB plans more attractive to insurers

    • Monday, 27 February, 2023
      Pensions industry
      RSA agrees £6.5bn buy-in with Pension Insurance Corporation

      Rising gilt yields have led to improvements in scheme funding levels 

    • Friday, 17 February, 2023
      UK labour disputes
      UK university strikes called off as talks near deal

      UCU says ‘two-week period of calm’ comes as ‘significant progress’ made in negotiations over pay and working conditions

    • Tuesday, 7 February, 2023
      French politics
      Macron’s pension reform meets stiff resistance in parliament

      France’s president faces hardening opposition to raising the retirement age as strikes continue

    • Tuesday, 7 February, 2023
      Helen Thomas
      Is there a pot of pension money to rehabilitate UK plc?

      Even if there is, suitable infrastructure projects to invest in are lacking

    • Tuesday, 7 February, 2023
      Pensions industry
      UK regulators failed to spot threat from pension scheme borrowing, says Lords report

      Calls for greater oversight of LDI strategies after last year’s turmoil in gilt markets

    • Friday, 3 February, 2023
      Fund management
      LDI: What happens now?

      Lessons from the UK’s near-meltdown

    • 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 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

    • Wednesday, 14 December, 2022
      UK financial regulation
      UK’s Pensions Regulator taken to task on preparation for gilts crisis

      Shortcomings exposed when yields soared while lifeboat scheme was much better organised

    • Thursday, 8 December, 2022
      Lex
      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

    • Thursday, 8 December, 2022
      BT pension scheme warns it may need ‘support’ from company

      More cautious approach to liability-driven investing after Truss mini-Budget means returns may fall, MPs told

    • Thursday, 1 December, 2022
      Lloyds Banking Group PLC
      Lloyds pension plan sold billions of assets during gilts crisis

      Details of one of the biggest known disposals by a corporate scheme revealed to MPs

    • 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

    • Tuesday, 22 November, 2022
      Legal & General Group PLC
      L&G defends risk management and blames mini-Budget for LDI crisis

      Insurer’s chair and chief executive tell House of Lords bond sell-off ‘caught us all by surprise’

    • Monday, 21 November, 2022
      News in-depth
      UK regulators call for action on hidden leverage threat to pension funds

      Policymakers say more must be done to address blind spot revealed by September’s gilt crisis

    • Tuesday, 8 November, 2022
      UK universities
      UK university staff to stage ‘biggest ever’ strike in November

      Employees at 150 campuses to walk out for three days over pay and pensions

    • Tuesday, 8 November, 2022
      Telecoms
      BT’s enduring pension problem

      The telco’s £40bn pension liability remains an albatross around its neck

    • Tuesday, 25 October, 2022
      Pension lawyers rewrite contracts to prevent another sell-off of gilts

      Action taken after funds were forced to dump UK government bonds to raise cash for margin calls

    • Monday, 24 October, 2022
      Inside BusinessPatrick Jenkins
      The LDI crisis is spurring a seismic shift in the gilt market

      Reduced demand from pension funds will change the government bond market

    • Thursday, 20 October, 2022
      Markets InsightAbdallah Nauphal
      A different perspective on LDI

      UK defined benefit pension schemes have never been in better shape thanks in large part to the investment strategy

    • Thursday, 20 October, 2022
      Pensions
      EU urged to help pension funds on margin calls stress

      Derivatives trade body calls for access to central bank-backed facility to avoid fire-sales

    • Tuesday, 18 October, 2022
      BT pension scheme takes £11bn hit following ‘mini’ Budget

      Drop in value follows year in which the scheme’s assets had already fallen by £10.4bn

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