UK Regulator TPR Names Nausicaa Delfas Chief Executive
She will succeed Charles Counsell who is stepping down at the end of March.
She will succeed Charles Counsell who is stepping down at the end of March.
The Pensions Regulator wants LDI-driven plans to be ready if yields suddenly jump like they did in September.
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
However, insurance companies likely won’t be able to accommodate the increased demand.
Ruling shoots down BT, Ford, Marks and Spencer pension funds’ challenge to reforming inflation calculation.
Thanks to surging bond yields, the aggregate funded ratio of the PPF 7800 rose to 120.1% in June, up from 106.5% a year ago.