Cardano, the investment management and advisory business, reveals in a new report – New world, new decisions – that a majority (70%) of Chief Financial Officers (CFOs) are uncertain about the ultimate objective of their Defined Benefit (DB) pension schemes.
Cardano, the pension advisory and investment management specialist, has urged Government to start funding public sector pension funds or the State pension to support its economic growth ambitions. In its response to the Department of Work & Pensions consultation, Options for Defined Benefit schemes: a call for evidence, Cardano argues that examples of successful investment […]
While today’s ONS statistics for April show a reassuring fall in the number of companies being declared insolvent, down 15% compared to this time last year and down just over 30% from March this year, we must nonetheless remain cautious as one month does not make a trend.
We have provided a response to the new Funding Code from The Pension Regulator. Our response focuses on covenant and investment matters, and provides insight into the positive steps taken by the regulator, potential unintended consequences, and the importance of smarter covenant advice.
Alex Hutton-Mills, Managing Director – Cardano Advisory, comments on the Spring Budget and the considerations for businesses supporting pension schemes and pension scheme Trustees.
Cardano advised Amey, a leading British infrastructure services and engineering company, through its recent sale by Ferrovial to consortium purchasers One Equity Partners and Buckthorn Partners. The transaction represented an enterprise value of £400 million.
Consistent with the draft regulations published by DWP, TPR is putting covenant at the heart of setting the level of supportable risk in a journey plan, and the period over which that risk can be taken.
Cardano Advisory, part of Cardano, the pensions advisory and investment management specialist, today launches Discover. A new artificial intelligence-based technology, Discover will transform the way covenant assessments are provided to smaller schemes or scheme sections.