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Pensions UK Investment Conference coverage
How the UK’s largest pension schemes have navigated recent volatility
Investment bosses from Border to Coast, People’s Pension and Railpen outline how their governance structures have helped them navigate market turbulence in recent months
Other news from Pensions Expert
DB liabilities set to rise as life expectancy climbs
Defined benefit pension schemes could see their liabilities rise by around 0.5% depending on demographics after new mortality data was released.
Salary sacrifice cap to rise to £5,000 after Lords amendment
An amendment tabled by Baroness Kramer has more than doubled the government’s initial £2,000 annual cap for salary sacrifice, above which National Insurance contributions are payable.
Employers back higher auto-enrolment contributions but call for flexibility
Polling of 500 business leaders found that 43% think contributions should be increased, compared with 36% who believe they should remain at current levels.
Master trusts should prepare now for scale requirements, TPR says
The regulator set out principles to help trustees evaluate whether their schemes are likely to meet the proposed scale thresholds and how they should evidence future growth.
Setting the scale test: How the DWP plans to get DC funds to £25bn
The Department for Work and Pensions has set out how it expects master trusts and other DC providers to hit the £25bn scale requirement set out in the Pension Schemes Bill.
Bulk annuities roundup: Athora completes PIC acquisition
Plus: Aviva and Royal London release 2025 business results; Canada Life’s £80m buy-in with Safeway Pension Scheme.
Trade groups support ‘minimum standards’ for administrators
The administration standards body supports proposals to subject providers to minimum standards across risk management, continuity planning, and other areas.
TUC calls for member representation on ‘megafunds’ boards
“Pension schemes deliver better outcomes for members… when those members have a say in how they are run,” says TUC general secretary Paul Nowak.
Industry wants formal processes for pro trustee appointments
Safeguards are needed for sole trustee appointments and to address conflicts of interest where professional trustee firms offer additional services such as administration or investment advice.
TPR’s predictions for the DB run-on market
The regulator has published a major forecasting exercise exploring the potential evolution of the DB sector under different scenarios, including growing appetite for run-on approaches and a successful superfund market.