All Legal & General articles – Page 11
-
NewsSmaller schemes take advantage of pooled funds in bumper year for LDI
Hedged liabilities grew to a record £657bn last year as medium-sized schemes flowed into pooled mandates, but experts have flagged a concentration risk from liability-driven investment's three dominant providers.
-
OpinionEditorial: Second-chance annuities
It was never going to be straightforward. When the idea of secondhand annuities was first mooted, commentators were at once delighted by the idea of being able to reverse the irreversible, but perplexed as to how it could generate a good deal for those involved.
-
OpinionDGFs: the charge cap, smart beta and DC
Six experts gather to debate how well diversified growth funds are performing in the context of the charge cap, smart beta and auto-enrolment, and whether there is a place for them in large schemes' portfolios.
-
Opinion
How will the DGF market develop over the coming year?
Roundtable: LCP's Andy Cheseldine, Legal & General Investment Management's Martin Dietz, Columbia Threadneedle's Craig Nowrie, State Street Global Advisers' Andrew Soper, Peter Sparkes of the Association of Member Nominated Trustees, and Bestrustees' Graham Wardle, discuss what the next 12 months will hold for diversified growth funds, in the final part of this series.
-
Opinion
How do DGFs interact with smart beta?
Roundtable: LCP's Andy Cheseldine, Legal and General Investment Management's Martin Dietz, Columbia Threadneedle's Craig Nowrie, State Street Global Advisers' Andrew Soper, Peter Sparkes of the Association of Member Nominated Trustees, and Bestrustees' Graham Wardle, talk about the relationship between DGFs and smart beta in the third part of this roundtable series.
-
Opinion
With so many available, what are the core qualities of a DGF?
Roundtable: LCP's Andy Cheseldine, Legal & General Investment Management's Martin Dietz, Columbia Threadneedle's Craig Nowrie, State Street Global Advisers' Andrew Soper, Peter Sparkes of the Association of Member Nominated Trustees, and Bestrustees' Graham Wardle discuss what makes an ideal diversified growth fund, in the first of this four-part roundtable series.
-
Opinion
How will the charge cap affect the use of DGFs?
Roundtable: LCP's Andy Cheseldine, Legal & General Investment Management's Martin Dietz, Columbia Threadneedle's Craig Nowrie, State Street Global Advisers' Andrew Soper, Peter Sparkes of the Association of Member Nominated Trustees, and Bestrustees' Graham Wardle, debate whether the fees associated with DGFs are worth their value, in the second of this four-part roundtable series.
-
NewsIndustry calls on Altmann to press pause
Industry experts have called for a period of consolidation across the pensions landscape as Ros Altmann takes on the role of pensions minister under the new Conservative regime.
-
Opinion
The DC Debate – how the freedoms are changing the direction of DC
In the second quarter of 2015, our debate panel members explain how they think the charge cap and wider reforms are reshaping DC provision – and predict what further changes might come.
-
Features
What does the future hold for LDI?
Aviva Investors' Mark Versey, Legal & General Investment Management's Laura Brown, KPMG's Simeon Willis, AMNT committee member and Lend Lease Pension Scheme trustee, Alan Gander, Pan Trustees' Mike Roberts, Buck Consultants at Xerox's Celene Lee and State Street Global Advisors' Howard Kearns, take a look into the future of liability-driven investment strategy, in the final part of this debate.
-
Features
How can small schemes get smart with LDI?
Aviva Investors' Mark Versey, Legal & General Investment Management's Laura Brown, KPMG's Simeon Willis, AMNT committee member and Lend Lease Pension Scheme trustee, Alan Gander, Pan Trustees' Mike Roberts, Buck Consultants at Xerox's Celene Lee and State Street Global Advisors' Howard Kearns, discuss how LDI can benefit small schemes given the correct advice, in the second part of this roundtable.
-
Features
How will LDI portfolios withstand current inflation falls and low yields?
Aviva Investors' Mark Versey, Legal & General Investment Management's Laura Brown, KPMG's Simeon Willis, AMNT committee member and Lend Lease Pension Scheme trustee, Alan Gander, Pan Trustees' Mike Roberts, Buck Consultants at Xerox's Celene Lee and State Street Global Advisors' Howard Kearns, debate whether now is a good time to embark on a liability-driven investment strategy, in the first of a four-part discussion.
-
Features
Reports predict bulk derisking boom as deficits rise
Around two-thirds of defined benefit schemes worth more than £1bn are exploring derisking strategies, according to research, with climbing deficits and product innovation seen as key drivers.
-
News
Secondhand annuities could offer DB funds income, but pricing tricky
The pensions minister’s proposal to allow retirees to cash in annuities could suit defined benefit schemes eager to access the resultant long-term cash flows, but pricing “secondhand” annuities could be a sticking point.
-
News
When it comes to expenses, trustees face having their belts tightened
Rolling into the office after 12 indulgent days of Christmas, trustees and scheme managers may be tempted to brighten up a gloomy January, but scheme expenses could be squeezed this year.
-
NewsM&S weighs drawdown option for mastertrust members
Retailer Marks & Spencer is exploring offering drawdown to its defined contribution scheme members, as the industry readies itself for April's retirement flexibilities in a tough market for annuities.
-
News
TPAS: Wave of requests to hit schemes and administrators in April
The Pensions Advisory Service has warned that scheme trustees and administrators risk being overwhelmed in April by members eager to access their savings at the earliest opportunity, having waited a year for the pension freedoms to come into play.
-
News
Webb defends 'revolutionary' CDC legacy against industry critics
Pensions minister Steve Webb told an industry event this week the “pendulum is going to swing back” from individual defined contribution pension provision, but delegates challenged the viability of risk-sharing schemes.
-
Opinion
How to use your DGF in a post-Budget environment
Kevin Frisby from LCP, JLT Investment Consulting’s Allan Lindsay, Axa IM’s Yoram Lustig, HR Trustees’ Giles Payne, Aon Hewitt’s Ryan Taylor and Bruce White of LGIM discuss how schemes can invest in DGFs in the post-Budget environment, in the final instalment of a four-part panel discussion.
-
Opinion
How can DGFs adapt to fit under the DC charge cap?
Kevin Frisby from LCP, JLT Investment Consulting’s Allan Lindsay, Axa IM’s Yoram Lustig, HR Trustees’ Giles Payne, Aon Hewitt’s Ryan Taylor and Bruce White of LGIM discuss how diversified growth funds can work in line with the defined contribution charge cap, in the third of a four-part panel discussion.