All News articles – Page 20
-
NewsBulk annuities update: Arqiva completes £204m buy-in with PIC
Telecoms company Arqiva has secured a full scheme buy-in with Pension Insurance Corporation (PIC) covering deferred and retired members.
-
NewsUSS replaces Capita with Procentia as tech provider
The UK’s largest pension scheme has appointed a new technology platform to cater for its 528,000 members.
-
NewsHow LGPS funds should approach the General Code
Funds within the Local Government Pension Scheme (LGPS) should plan carefully for how to implement the new General Code, according to Hymans Robertson.
-
NewsBulk annuities update: ICI strikes £900m deal with L&G
The ICI Pension Fund has secured a £900m buy-in with Legal & General (L&G), the latest in a series of transactions. The latest deal covers more than 7,000 pensioners.
-
NewsFewer schemes, more data: TPR’s changing workload
The number of scheme data requests made by the Pensions Regulator (TPR) is falling – but the requests are getting more detailed and complex.
-
NewsIMF calls for ‘caution’ on Mansion House reforms
The International Monetary Fund (IMF) has singled out the government’s Mansion House reforms for pension schemes in its latest review of the UK’s finances.
-
NewsElection called: Key issues for the pensions industry
Pensions Expert looks at what policies and consultations could be paused or shelved now that an election has been called – and what a new government should focus on.
-
NewsImprove communication to boost trust, survey says
The pensions industry needs to focus on improving communications with savers and scheme members in order to build trust in the system, according to Trafalgar House.
-
NewsAviva and Scottish Widows join dashboard operators group
The UK’s largest insurer, Aviva, is among the three new members of the Dashboard Operators Coalition, the industry group set up to work with government to deliver the pension dashboard programme.
-
News‘We need a consensus’: Sir Stephen Timms calls for higher contributions
The chair of the Work and Pensions Select Committee has called for the government to set out a full plan for raising default auto-enrolment contributions to 12% over the next 10 years.
-
NewsBy the numbers: TPR’s DC landscape data
What we learned from the regulator’s latest data report on the makeup of the defined contribution system in the UK.
-
NewsBorder to Coast launches UK strategy in major private markets push
The Border to Coast Pensions Partnership has officially launched an innovative £500m UK Opportunities strategy targeting private markets assets.
-
NewsThe importance of DC default strategies
Four in five defined contribution pension savers will wait until five years out from retirement to engage – and in many cases, much later.
-
NewsLGPS latest: GLIL backers invest £475m for UK infrastructure push
Plus: Environment Agency puts £170m to work with Schroders Greencoat, backing renewable and energy transition infrastructure.
-
NewsDashboard costs rose by 23% in 2023, figures show
The estimated cost of the Pensions Dashboard Programme reached £289m in 2023, according to the National Audit Office (NAO), up from an initial estimate of £235m in 2020.
-
NewsBulk annuities latest: Construction group seals sub-£5m buy-in with Aviva
A Preston-based construction group has completed a full scheme buy-in with Aviva, part of a plan to buy out and wind up the defined benefit (DB) scheme.
-
News‘A fundamental point of fairness’: MPs call for action on discretionary increases
Major UK employers have been criticised by MPs for failing to ensure pension payments keep up with inflation.
-
NewsEssex, Hampshire invest in property fund through ACCESS
The Essex and Hampshire local authority pension funds have invested into a new property vehicle launched by the ACCESS pool.
-
NewsTPR to scrutinise ‘systemically important’ professional trustee firms
Professional trustee firms have become “systemically important” to the industry and will be a focus for regulation in the coming years, according to the Pensions Regulator (TPR).
-
NewsAutomation ‘could save DB schemes £300m a year’
Automation could save defined benefit (DB) pension schemes tens of thousands of pounds a year, according to research by Spence & Partners.