All News articles – Page 34
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NewsRailpen unveils real assets investments across UK
The multi-employer pension scheme for the railways industry has announced a series of investments and developments in property and infrastructure across the UK.
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NewsLGPS latest: ACCESS seeks direct lending managers
The £45bn ACCESS Local Government Pension Scheme (LGPS) pool has launched a search for managers for two senior secured direct lending strategies worth a combined £350m.
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NewsXPS launches illiquid asset trading service
XPS Group has become the latest to launch a specialist trading platform for private markets assets, as defined benefit (DB) schemes seek to prepare for insurance transactions.
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NewsAviva, L&G respond to stewardship criticism
Two of the UK’s biggest pension providers and investors have restated their commitment to responsible investment and stewardship in the face of criticism from a leading campaign group.
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NewsNorton fraud victims share £9.8m compensation payout
More than 200 members of the collapsed Norton Motorcycles pension schemes are to receive nearly £10m in compensation from the Fraud Compensation Fund (FCF).
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NewsTrustees and campaign groups call for consultant regulation
Campaigners have called on the Treasury to accelerate progress on bringing investment consultants into the regulatory regime.
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NewsGovernment sets out scope of first phase of Pensions Review
The government has published its terms of reference confirming the scope of the first phase of the planned Pensions Review.
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NewsLifeSight adds construction company’s £420m DC assets
Construction company Morgan Sindall has selected WTW’s LifeSight master trust as its new defined contribution (DC) provider.
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NewsWales pool awards £2bn property mandate to Schroders
Appointment concludes “majority” of private markets appointments for the Welsh LGPS pool.
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NewsWhy USS has sold Israeli assets [updated]
The UK’s largest private sector pension fund has reportedly sold £80m of Israeli assets, including government bonds and currency exposure.
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NewsBBC reschedules valuation as scheme hits surplus
The broadcaster’s £13.8bn defined benefit scheme registered a £103m surplus at the end of March this year.
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NewsUSS, Railpen announce major UK investments
The Universities Superannuation Scheme (USS) and Railpen have separately announced major new investments in UK private market assets.
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NewsCharity DB schemes approach full funding
Funding levels at charity defined benefit (DB) schemes have improved substantially over the past five years, according to new data.
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NewsHow to get pension schemes investing in productive assets
The Pensions and Lifetime Savings Association (PLSA) has set out a series of actions for government to make key areas of productive finance more investable for pension schemes.
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NewsNest branches into timber investing with Campbell mandate
Nest, the UK’s biggest defined contribution master trust, has appointed Campbell Global to manage a dedicated timberland investment mandate.
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NewsPensions sector moves to protect staff as riots hit UK
Staff in the pensions industry have faced increased racist abuse as violent riots have gripped parts of the UK in recent days.
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NewsBulk annuities update: Three buy-ins secure 900 members’ benefits
Three sub-£50m buy-ins have been announced this week, securing the benefits of 928 deferred and retired people with insurers Just, Canada Life and Aviva.
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NewsIndustry casts doubt on elements of Value for Money framework
A traffic light approach to value for money risks oversimplifying, while ensuring alignment with the government’s productive finance agenda could prove difficult, say commentators.
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NewsRegulators propose ‘red-amber-green’ Value for Money framework
FCA and TPR set out approach to DC value assessments, covering investment performance, charges and service quality metrics.
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NewsSavers support UK investment drive – if it boosts performance
Pension savers are in favour of more of their retirement pots being invested in UK assets, but only if it results in better returns.