All News articles – Page 13
-
NewsLGPS update: ACCESS, LGPS Central allocate to real estate strategies
The ACCESS asset pool has appointed Orchard Street Investment Management to run a £100m impact real estate strategy on behalf of its 11 partner funds.
-
NewsBulk annuity update: Royal London completes first external deals
One of the bulk annuity sector’s newest entrants has completed its first two transactions with external pension schemes, worth a combined £130m.
-
NewsAMNT flags governance concerns with sole trustee model
The association has called for greater regulatory oversight to ensure members are protected when schemes move to a sole trustee model.
-
NewsDashboards: ‘All systems go’ as deadlines approach
The development of the pensions dashboards ecosystem is on track to be ready for the first connection deadlines in April 2025.
-
NewsProductive finance agenda ‘interferes with fiduciary duty’
The drive to invest more in UK assets – particularly so-called ‘productive finance’ – sits in tension with trustees’ legal obligation to invest in the best interests of their members, according to a senior member of the Society of Pension Professionals (SPP).
-
NewsInvest in emerging markets to meet climate goals, schemes urged
Achieving the goals of the 2015 Paris Agreement on climate change will be impossible without supporting emerging economies to transition to sustainable energy, according to new research.
-
NewsSchemes relying on dashboard rollout face data ‘nightmare’
Pension schemes need to get their data in order as those assuming the pension dashboard rollout will solve this for them face a “nightmare” ahead.
-
NewsMembers must be centre of Pensions Review, industry says
The government must place members’ and savers’ best interests at the heart of the Pensions Review, according to pension providers and industry bodies.
-
NewsInterview: British Business Bank’s Louis Taylor
The government-owned bank plans to establish a new vehicle to channel pension scheme money into early-stage businesses, according to its CEO.
-
NewsProfessional and sole trustees dominate scheme management, data shows
More than half of private sector defined benefit (DB) schemes now have a professional trustee, according to new data – with almost a quarter of schemes run by a sole trustee.
-
NewsAssessing pension insurers’ sustainability performance
Most bulk annuity providers are making good progress to decarbonise their investment portfolios and are ahead of internal targets, according to new research.
-
NewsCan tax incentives help the government’s UK investment drive?
The government should introduce incentives such as tax relief on domestic investments in order to achieve its goal of boosting pension fund allocations to UK assets, according to a survey.
-
NewsTPR clarifies statement of strategy approach
The Pensions Regulator (TPR) has streamlined its requirements for statements of strategy in response to industry feedback, as its Defined Benefit (DB) Funding Code comes into effect.
-
NewsPMI predicts compulsory auto-enrolment by 2045
In the next 20 years there will be cause for auto-enrolment inclusion to become more stringent, according to the vice president of the Pension Management Institute (PMI) Rosie Lacey.
-
NewsHelp trustees support member decisions, PLSA urges govt
The government needs to clarify the legal extent to which trustees can support members to make decisions at retirement, according to the Pensions and Lifetime Savings Association (PLSA).
-
NewsSavers not keen on AI in pension communications, research shows
Scheme members are reluctant to engage with their pensions using artificial intelligence (AI) and other forms of technology, according to Trafalgar House.
-
NewsMerseyside strikes £200m bulk annuity deal with Aviva
The Merseyside Pension Fund has secured the benefits of around 2,500 former Arriva employees in a buy-in transaction with Aviva.
-
NewsIFS sets out roadmap to boosting auto-enrolment
Industry figures have called for the government to incorporate recommendations made by the Institute for Fiscal Studies (IFS) for expanding and evolving the UK’s automatic enrolment system into its Pensions Review.
-
NewsTPR homes in on administrators in engagement drive
The Pensions Regulator (TPR) is to engage with some of the country’s biggest pensions administrators after a pilot programme uncovered areas for improvement.
-
NewsMore ESG reporting raises risk of legal challenges for trustees
Tougher reporting requirements for environmental, social and governance (ESG) factors leave pension schemes and companies more exposed to the risk of legal challenges, a senior lawyer has warned.