Van Lanschot Kempen argues that delaying decisions on endgame options could mean schemes miss out on potential investment returns that could in turn boost surplus release payments.
The world’s largest asset manager has secured the fiduciary management mandate for the British Coal Staff Superannuation Scheme as it continues to mature.
The asset manager has landed a full portfolio mandate for the defence technology firm’s DB scheme, expanding on its existing mandate overseeing a liability-driven investment portfolio.
UK asset manager Schroders is to become part of US investment giant Nuveen, the companies announced this morning.
Declining homeownership rates and a sharp rise in lifelong renters mean many people will require an estimated £269,000 more in pension savings to cover rental costs, according to the Society of Pension Professionals.
Technology firm Clearwater Analytics polled a range of investment managers working across various asset classes and found that many respondents were concerned about the potential impact of AI on areas such as data governance, regulatory compliance, and reliability.
The Financial Conduct Authority (FCA) and the Department for Work and Pensions (DWP) have extended their consultation period for the planned Value for Money framework by two weeks.