All News articles – Page 21
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NewsPoor default offerings could ‘undermine trust and widen generational gap’
Two professional trustees have written an open letter warning the industry of dangers lurking in default strategies that do not adequately reflect the views of their members.
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NewsWater company insures pension scheme with Just for £120m
South East Water has secured “complex” benefit structures through a buy-in with Just Group, completed in December 2024.
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NewsGovernment rejects pooling plans for ACCESS and Brunel
Two LGPS pools could be forced to merge with others after the government this week rejected their plans to comply with the chancellor’s “megafunds” objective.
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NewsUse dashboards preparation to cut admin costs, charities urged
Spence & Partners reports that charity DB schemes are approaching full funding – but costs are rising, meaning more efficiencies are needed.
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NewsFCA boss to prioritise growth and competitiveness in second five-year term
The Treasury has reappointed Nikhil Rathi as chief executive officer of the Financial Conduct Authority and tasked him with fully embracing its “international competitiveness and growth objective”.
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NewsHow artificial intelligence can help win the war against pension scams
The Pensions Regulator and the Pension Scams Action Group have developed an artificial intelligence tool to help identify and shut down websites that are attempting to defraud people of their pension savings.
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NewsGMP communication failing costs Volkswagen scheme £500
The Ombudsman awarded a member of the Volkswagen Group Pension Scheme £500 in compensation for failing to keep them updated on GMP equalisation.
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NewsBuilding society locks down member benefits with £105m buy-in
Rothesay has insured all 705 scheme members of the Skipton Building Society (2015) Group Pension Scheme through a buy-in completed in January.
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NewsDB pension schemes enter Q2 with strong funding position
Private sector pension schemes were in a strong position ahead of the market volatility caused by US trade tariffs, according to the PPF 7800 Index.
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NewsStudy shows savers are shunning advice over pension freedoms
A decade on from the introduction of pension freedoms, more research has emerged showing that a growing proportion of pension savers are taking no advice or guidance at all before accessing their retirement savings, despite a lack of understanding of the decisions and options available.
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NewsClara Pensions plots private markets push with new investment vehicle
Defined benefit consolidator Clara Pensions intends to invest up to 35% of its assets into private markets.
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NewsAre pension scheme trustees being overlooked in policy discussions?
A new report exploring the “pensions powerbrokers” has called for the government to pay more attention to the views of professional, independent and member-nominated trustees.
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NewsRegulation of professional trustees ‘must preserve innovation’
Professional trustees and other industry experts have been responding to the Pensions Regulator’s plans to formally regulate professional trustee firms.
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NewsProfessional trustees to face scrutiny over remuneration, additional services
The Pensions Regulator has set out plans to formally regulate professional trustee firms after a market engagement exercise found issues around conflicts of interest.
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NewsAegon adds further LTAFs to default investment offering
Aegon has received regulatory clearance for two long-term asset funds (LTAFs) as it continues to add private markets exposures to its defined contribution master trust.
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NewsThink tank calls for full PPF underpin to boost surplus release case
The Social Market Foundation has set out recommendations for the government to make releasing surplus assets from DB pension schemes more attractive and secure.
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NewsLPPI commits £500m to new environmental private markets fund
Local Pensions Partnership Investments hired Helena Threlfall last year to run the new strategy, which will invest across private equity, infrastructure, venture capital and natural capital.
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NewsDC retirees risk running out of savings without major reforms, warns IFS
A major new report has called for the government to reform its regulations to support DC savers in retirement.
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NewsJust Group secures £12m buy-in with Englass pension scheme
The transaction made use of Aon’s process designed for small pension scheme de-risking deals.
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NewsLloyds ringfences £5.1bn with two longevity swaps
The deals cover liabilities for two schemes sponsored by Lloyds Banking Group and follow previous transactions in 2020 and 2022.