All News articles – Page 310

  • News

    Dorset uses LDI loophole to avoid 'unfit' LGPS regs

    2013-05-28T00:00:00Z

    Dorset County Pension Fund has set up an “expensive” special investment vehicle to circumvent troublesome Local Government Pension Scheme regulations, as it works to manage inflation.

  • News

    BA communicates with members on growth objective

    2013-05-24T00:00:00Z

    The Pensions Regulator’s new objective to support employer growth has filtered through to members of the British Airways pension schemes, where trustees have met with the airline and regulator as part of the valuation process.

  • News

    Aviva plans GPP committee to boost governance

    2013-05-23T00:00:00Z

    Aviva is the latest insurer considering a trustee-type governance committee for its group personal pension to drive up standards and make its operations more cohesive.

  • News

    Essex council fund maps insolvency risk

    2013-05-23T00:00:00Z

    Essex Pension Fund has produced a map to help predict employer insolvency after a liquidation left it saddled with orphan liabilities.

  • News

    Schemes grab chance to fireproof against inflation

    2013-05-22T00:00:00Z

    Nearly half of pension fund trustees have incorporated longevity or swap contracts to tackle inflation risk, an upcoming survey will show, having benefited from favourable pricing last year to boost protection.

  • News

    Council funds clash over merger plans

    2013-05-22T00:00:00Z

    Norfolk Pension Fund has rejected Local Government Pension Scheme merger proposals, saying they could harm fund services and trustee stewardship – but the London Pensions Fund Authority and unions have backed the move.

  • Alternative asset allocations
    News

    Alternative assets hit plateau due to 'idea fatigue'

    2013-05-21T00:00:00Z

    European schemes' interest in alternative assets has ceased its upward climb, with no improvement in uptake from last year, according to survey data.

  • News

    Associated British Foods reports 3% AE opt-out

    2013-05-20T00:00:00Z

    Associated British Foods has seen a less than 3 per cent opt-out rate and significant engagement from 1,500 employees auto-enrolled in February, after an extensive awareness campaign and popular default investment strategy.

  • News

    Experts divided on takeover code change implications

    2013-05-20T00:00:00Z

    Legal experts are split on whether changes to the takeover code coming into effect today have any impact on the power of pension schemes whose sponsors are the target of a merger or acquisition.

  • FT
    News

    DC daily pricing blocking illiquid investments

    2013-05-17T00:00:00Z

    Liquidity requirements for defined contribution schemes are hampering their investment returns and ability to compete with defined benefit plans on the replacement income provided in retirement, an institutional investor group has warned.  

  • News

    NAPF: Young opt-ins biggest auto-enrolment surprise

    2013-05-16T00:00:00Z

    Employees too young to be auto-enrolled have been a notable group opting in to workplace saving, the National Association of Pension Funds has reported, calling it one of the most interesting aspects of auto-enrolment so far.

  • News

    DWP: Avoid contract v trust governance debate

    2013-05-16T00:00:00Z

    The government has said a “black and white” debate about differences in governance standards at contract and trust-based schemes is an unwelcome distraction from ensuring high standards across all arrangements.  

  • News

    Consultancy charging ban set to hit SMEs

    2013-05-14T00:00:00Z

    The government’s decision to ban consultancy charges in all auto-enrolment schemes has been broadly welcomed, but the change is predicted to have a big impact on smaller employers.

  • News

    PRI unveils revamped reporting framework

    2013-05-14T00:00:00Z

    The Principles for Responsible Investment has fleshed out the details of the mandatory elements of its revised reporting framework, as it attempts to “demystify” the process ahead of its rollout later this year.

  • News

    West Yorks to roadshow LGPS reforms to 100,000 members

    2013-05-10T00:00:00Z

    The £8.8bn West Yorkshire Pension Fund has kicked off plans for a series of roadshows later this year to communicate to its almost 100,000 active members changes to the Local Government Pension Scheme.

  • News

    How the 2013 funding statement affects your scheme

    2013-05-09T00:00:00Z

    NEWS ANALYSIS: The Pensions Regulator’s 2013 annual funding statement has set out the flexibilities open to schemes in the tough economic climate, but pension professionals have said those carrying out valuations this year could find the process challenging.

  • News

    Government considers added layer of AE legislation

    2013-05-03T00:00:00Z

    Pension professionals have welcomed plans for the government to legislate on further minimum standards for auto-enrolment to ensure schemes meet quality benchmarks.

  • News

    Local authority schemes choose multi-asset to limit volatility

    2013-05-03T00:00:00Z

    Local authority funds have ramped up their interest in multi-asset strategies as they try to manage the impact of volatility on their investments, according to new investment data.

  • istock
    News

    Havering to fund 'stalled' local property projects

    2013-05-03T00:00:00Z

    The London Borough of Havering Pension Fund is planning to invest in delayed local property projects including residential housing, as more council funds increase their exposure to property to match liabilities and boost community investment.

  • News

    United Utilities takes action to lessen state pension impact

    2013-05-02T00:00:00Z

    United Utilities has set up a special risk management group to deal with the impact of changes to the state pension due in 2016, and has warned schemes not to ignore the upcoming reform.