Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Floods hit Ukraine after Kakhovka dam breached
    • Military briefing: Russia has most to gain from Ukrainian dam breach
    • France objects to Nato plan for office in Tokyo
    • US prepared to address ‘aggressiveness’ of Chinese military
    • Ukrainian forces step up attacks on multiple Russian positions
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Apple unveils Vision Pro ‘mixed reality’ headset
      • Saudi Arabia to spend billions on shock merger of PGA Tour and LIV Golf
      • Half of big multinationals plan to cut office space in next three years
      • US banks prepare for losses in rush for commercial property exit
      • Labour donor to challenge UK tax authority over private equity payouts
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Live news: SEC requests temporary asset freeze on Binance-linked entities
      • ‘Fear of missing out’ drives retail investors to ride AI wave
      • Crypto exchange Binance sued by SEC in latest blow from US regulators
      • SEC sues Coinbase in widening crackdown on crypto exchanges
      • Opec+ is not on board with Saudi Arabia’s ‘whatever it takes’ message
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Dam breach gives Russia a new weapon in Ukraine war
      • How America is reshaping the global economy
      • How the digital nomad went corporate
      • Don’t blame the west if the global south goes its own way
      • Will the 22ers become a new political generation?
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Anti-monarchist Graham Smith: The British royals are ‘tax-funded Kardashians’
      • Can a virtual PA turbocharge your career?
      • FT business books: what to read this month
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • My search for the ‘perfect’ all-round swimsuit
      • Ask Adeela: what’s the best sunscreen?
      • Men, where to find the perfect T-shirt
      • Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’
      • The Everything Blueprint — how British chip company Arm became a global powerhouse
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Pensions crisis

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 1 June, 2023
      UK universities
      English universities face £125mn hit from pension change

      Higher education leaders warn of ‘great strain’ as publicly funded organisations brace for increase in employer contributions

    • Friday, 12 May, 2023
      John Ralfe
      Defined benefit pensions: not dead yet

      Schemes survive in the private sector and are still going strong for public sector staff

    • Monday, 1 May, 2023
      Pensions industry
      UK employers push to cut pension scheme payments after rates windfall

      Contributions seen as unnecessary with many retirement plans seeing unexpected surplus

    • Thursday, 27 April, 2023
      Workplace pensions
      Bank of England warns insurers over corporate pension deals

      Senior regulator urges ‘moderation’ as new data underlines potential market growth

    • Monday, 24 April, 2023
      Pensions industry
      FCA demands tougher tests for pension funds after gilts chaos

      UK watchdog says ‘more to be done’ over liquidity risks and conflicts of interest in LDI strategies

    • Tuesday, 28 March, 2023
      French politics
      French pension protests attract smaller crowds

      Paris rubbish strike suspended but universities and tourist sites closed as government rejects mediation

    • Tuesday, 28 March, 2023
      Workplace pensions
      UK universities pension plan warns against shake-up of funding rules

      Largest private-sector retirement scheme, with fund of £90bn, tells regulator of ‘deep misgivings’ over proposals

    • Monday, 27 March, 2023
      Jonathan Eley
      Final salary pensions have been uniquely horrible for UK plc

      Schemes have held back wage growth, distorted decision-making and consumed incalculable amounts of management time

    • 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’

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsFT Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In