All News articles – Page 290
-
News
Scheme grabs chance to hedge inflation risk
Marsh & McLennan Companies UK Pension Fund has increased its interest and inflation rate hedge for its defined benefit scheme, to help protect its funding position against fluctuations in rates.
-
News
Members need push to use scheme calculators
The use of pension charges calculators to inform members has become the norm for pension funds, industry experts say, but member engagement is still low.
-
News
Economies of scale driver of scheme mergers
News Analysis: Local authority pension scheme mergers have gained importance throughout the UK as a way to decrease costs and provide economies of scale for investments, but experts warn it takes organisation to execute.
-
News
YMCA launches derisking strategy to improve funding level
YMCA Pension Plan has launched a derisking strategy to match “more closely” its allocation approach and liability profile, and has appointed a delegated manager to oversee nearly all of its portfolio.
-
NewsCharity bears brunt of AE contributions
Action for Children has said it chose to place a greater burden on itself than employees when setting its auto-enrolment contribution levels, in a drive to create fairness.
-
NewsSchemes more open to exploring construction risk
Infrastructure debt investment in projects with construction risk such as private finance initiatives and public-private partnerships are gaining traction among pension funds, after initial scepticism.
-
News
Poor data impeding derisking plans for smaller schemes
News analysis:Industry experts have said schemes with poor-quality information should not be put off derisking, following recent research showing many funds feel stifled by inadequate data.
-
NewsTfL weighs up fee bump from strategy shift
TfL Pension Fund had its investment management expenses increase by almost a fifth in the year to March, partly due to a strategy shift that added eight investment managers.
-
News
What the ABI’s annuity tool means for your scheme
The Association of British Insurers' annuity comparison tool has been welcomed as a step forward for transparency, but experts have said more can done to get members the best deal.
-
News
Rentokil reports 4% opt-out rate in first AE wave
Rentokil Initial has revealed just 4 per cent of workers in its first auto-enrolment tranche have opted out since May, making it one of the lowest rates reported within the private sector.
-
NewsHow BBC scheme cut £750m off its funding deficit
The BBC Pension Scheme has chipped an estimated £750m off its funding shortfall by reducing its allocation to equities over the past 10 years and increasing employer contributions.
-
News
Sponsors driving fid man switch to reduce risk
Employers have more influence on the decision to introduce fiduciary management than other investment decisions, experts have said, as a recent survey shows more schemes are looking to increase delegation.
-
NewsAxa ups benefit in final deal on DB scheme closure
Axa has confirmed it will close its UK defined benefit scheme from next month following a review, with current members receiving additional pension payments under the final agreement.
-
News
Pressure grows for improved default fund standards
News analysis: Focus on the design of default funds has sharpened following government and industry plans to explore new minimum standards, but the process presents challenges, industry experts have said.
-
News
How to protect your scheme against payment errors
News analysis: Legal experts have warned that schemes and employers could face paying out large sums to members due to incorrect pension estimates, with requests for advice on the issue increasing.
-
News
Chiltern funds target £2.5m merger saving
Oxfordshire, Buckinghamshire and Berkshire councils are in preliminary talks about merging their pension funds in an attempt to save £2.5m a year, as more local authority schemes club together to reduce costs.
-
NewsScottish state pension 'triple whammy' fears
Shadow pensions minister Gregg McClymont has said Scotland’s state pension provision will be hit by a demographic “triple whammy” should the country vote for independence next September.
-
NewsLaw firms poised for 2014 AE capacity crunch
An eightfold rise in the number of employers reaching their auto-enrolment staging date next year could leave many of them struggling to find the appropriate legal advice to complete the process, industry experts have said.
-
News
Employees stick with schemes after auto-enrolment
News analysis: Regulatory and government reports on auto-enrolment find good progress has been made in employee engagement despite a small section of the UK's largest employers facing investigation.
-
News
Fidelity appoints PTL for mastertrust governance
Fidelity Worldwide Investment has appointed PTL as the professional trustee of its mastertrust in a move that will see the governance of the scheme run independently, as employers look to manage potential conflicts of interest in the structure.