Essex Pension Fund has become the latest to introduce an allocation to direct lending into its alternatives portfolio, as scheme interest in the asset class ratchets up.
Election 2015: The Labour Party manifesto pledged to force pension fund investors to disclose how they vote on remuneration, as part of a wider move to “improve the link between executive pay and performance”.
Pensions Expert can reveal the organisations shortlisted for the 16th annual Pension and Investment Provider Awards. The winners will be announced on May 20 at the Sheraton Park Lane Hotel in London.
Have you made the shortlist?
Any Other Business: Last week, oil giant Royal Dutch Shell announced plans to buy rival BG Group for £47bn and is widely predicted to be the first in a swath of deals across the sector.
An electronics company pension scheme has agreed a new recovery plan and increased member contributions as its deficit more than doubled in an 18-month period, in part due to longevity risks.
Johnston Press Pension Plan has agreed a revised recovery plan with its sponsor, entitling it to a chunk of the proceeds from the sale of company assets, to help plug its rising deficit.
Comment & Analysis
Analysis: In the 1998 film Armageddon, while battling G-force in a shuttle around the moon, hero AJ Frost asks: “Is this supposed to be like this?”
Nest's CIO Mark Fawcett explains why investing beyond the UK matters to scheme portfolios, and how trustees could attack their global equity strategy to achieve diversification.
Talking Head: The NAPF's Graham Vidler says its research into member choice at retirement pointed to a worrying amount of confusion over what drawdown really means in practice.
Video: What unknowns remain on the cusp of April 6? National Association of Pension Funds' DC policy lead Richard Wilson, and partner at consultancy LCP Andy Cheseldine discuss what is left to do and how to manage expectations (5:36).
Video: Should the 0.75 per cent cap go lower? In part two of Countdown to April, Mark Futcher from Barnett Waddingham and LGIM's Emma Douglas explore how DC schemes are responding to reform (5:37).
Video: What effect are the flexibilities having beyond the world of DC? In the first of our three Countdown to April videos, JLT Employee Benefits' Mark Wood and Eversheds' Tim Smith explain how DB schemes are dealing with the knock-on effects of the reforms (6:08).