Bank of England: LDI strategies need 250bp collateral buffer

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The Bank of England’s Financial Policy Committee has announced a recommendation to the Pensions Regulator that it specify “minimum levels of resilience” in relation to pension schemes’ liability-driven investments to avoid damaging feedback loops from being forced sellers of assets.

TPR publishes EDI guidance for scheme trustees and sponsors


The Pensions Regulator has published equality, diversity and inclusion guidance that recognises the different roles of pension scheme governing bodies and employers. 

DB funding code is full of unintended consequences


The Pensions Regulator’s draft DB funding code has received some praise, yet for many it falls short of providing both stronger governance and greater certainty for schemes and sponsors. 

LCP toughens up its ESG policies

Michaela Rehle/Reuters

LCP has launched a responsible investment philosophy designed to focus industry attention on concrete action to address systemic risks posed by issues such as climate change and inequality.

Bank of England raises interest rates to 4.25%

John Sibley/Reuters

The Bank of England has raised the base rate of interest, despite concerns over the impact this will have on the banking sector.

DC members want better access to ESG investment strategies


Defined contribution pension scheme members want ESG, but many employers have succumbed to inertia.

Budget 2023: Chancellor’s box of tricks makes LTA disappear

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Chancellor Jeremy Hunt has faced calls in recent weeks to relax the rules on certain pension tax allowances to further his campaign to encourage older workers back into the workforce. 

Asset managers must up their game on engagement and diversity


New research suggests too much lip service is paid to engagement and diversity.

Rising costs of retirement income not necessarily all bad news


The cost of meeting the minimum standard of the PLSA’s retirement living standards increased by almost a fifth (18 per cent), or nearly £1,900 in 2022, according to the Aon UK DC Pension Tracker.  

New PPI report backs alternatives for DC investment strategies

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Alternative assets may have a greater role in defined contribution strategies, offering both greater diversification and a hedge for volatility in public markets, according to a new report.