Lafarge bolsters covenant with profit share
The Lafarge pension plan has reduced its covenant risk by agreeing a programme of additional employer contributions tied to its sponsor’s financial performance from 2012
Key challenges for 2012 actuarial valuations
More than 40% of schemes will undergo a triennial actuarial valuation this year. Owen Walker assesses their main obstacles – and how to overcome them
Schemes manage rate risk with asset-backed securities
M&G’s Bernard Abrahamsen argues that the long-term interest rate hedge of asset-backed securities makes it worth forgetting their sub-prime history, in this week’s Investment Blueprint
Credit letter helps Habitat reduce PPF risk
The Habitat UK pension scheme used a past covenant agreement to see off immediate insolvency following the collapse of its sponsor, as Ian Smith discovers
How Strathclyde allocated £100k SRI mandate
Strathclyde Pension Fund has become the latest scheme to hire an SRI overlay provider to reduce risk. Owen Walker looks at its selection process
How an ESG approach can predict market risks
RCM's Adam Johnson argues an ESG investment approach can help schemes beat equity markets, despite a negative year for responsible investment
Webb on AE challenges for medium schemes
Video: Pensions minister Steve Webb discusses with Ian Smith the auto-enrolment delays and what should be top of the agenda for medium-sized employers (5:39)
Kodak woes expose risk of overseas sponsors
Kodak’s filing for bankruptcy has left the UK scheme critically underfunded. Pippa Stephens looks at ways to minimise the risk of an overseas guarantor
sX Review: Time to deal with GMP 'nightmare'
Eversheds' Jeremy Goodwin and Kenneth Donaldson of Capita Hartshead discuss with Ian Smith how schemes can limit the cost of GMP equalisation (6:19)
Tips for managing cost of small scheme derisking
Small schemes looking to derisk should ensure a high standard of data cleansing and carry out a mortality analysis to manage the costs involved, finds Pippa Stephens

