Pensions Arena

Pensions Arena is a quarterly publication designed for finance directors, HR directors and pensions managers. Its compact format pulls key indices, news and regulatory information together with topical comment and a pensions almanac to help keep you on the front foot in your pensions planning.

Pensions Arena July 2019

ROOT and branch

ROOT & Branch tree WEBSITE

For a picture of bac’s approach to DB governance, imagine a flourishing tree. The root system is not usually visible but it’s crucial to the health of the whole tree, as is the environment in which the tree lives.

In this Pensions Arena, Andrew Udale-Smith aims to get to the ROOT of what makes for good governance for a DB scheme. The article looks at Risk management, the two branches of Organisational and Operational governance and the use of Technology. For a start, there is no “one-size fits all” when it comes to governance, with each scheme and trustee board needing to develop an approach which works best for them…

And, of course, July’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 30 June 2019, presented in the BAC Dashboard.

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Pensions Arena April 2019

Buy-in now, while stocks last?

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2018 was a record year for UK buy-ins and buy-outs but, with demand from pension schemes continuing to grow fast, are we about to see an end to recent attractive pricing for bulk annuities?

In this article we consider why bulk annuities have been so affordable in 2018 and early 2019 and whether this is likely to change soon. We also look at how to get your scheme into the best possible shape to approach the insurance market.

And, of course, April’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 31 March 2019, presented in the BAC Dashboard.

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Pensions Arena January 2019

The good, the bad and the ugly!

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2018 was an eventful year for both sponsors and trustees of DB and DC pension schemes. And yet, it could prove to be the calm before the storm of 2019.

In this article we take a wry look back at 2018, aided by our Spaghetti Western theme, before looking forward to what may lie in store for us in 2019…

And, of course, January’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 31 December 2018, presented in the BAC Dashboard.

Pensions Arena January 2019

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Pensions Arena October 2018

Why work hand in glove?

Golfers thumbs up

Funding valuations have often been a source of conflict between companies and trustees. However, a growing number of companies are finding that working hand in glove with their trustees not only means a smoother valuation process but also leads to more effective funding and investment decisions.

In this Pensions Arena, which summarises our June 2018 Pensions Perspective, we explain why this often makes good sense from the sponsor’s perspective.

And, of course, October’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 30 September 2018, presented in the BAC Dashboard.

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Pensions Arena July 2018

Tales of the Unexpected

man in boat on drought land

DB pension schemes are inherently long-term in nature: the last child’s pension arising from America’s civil war is still being paid, 150 years after the war ended! This long-term nature is fundamental to how they are managed but what happens when the life of a scheme is cut short unexpectedly?

In this quarter’s Arena article, “Tales of the Unexpected”, we look at some of the ways in which sudden and unexpected short-term developments can cause issues for a scheme which is being managed in a traditional long-term way. Our focus is on practical steps that can be taken now to prevent problems in the future.

And, of course, July’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 30 June 2018, presented in the BAC Dashboard.

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