All LCP articles – Page 24
-
Features
LPFA boosts in-house investment team as it focuses on illiquids
The London Pensions Fund Authority is strengthening its in-house investment capabilities in order to reduce investment costs and diversify further into illiquid assets.
-
News
Consultants expect DC flexibility to drive DB member transfers
Defined benefit schemes could see a short-term increase in requests from members to switch their benefits into defined contribution schemes, due to potential government plans to restrict such transfers, benefit consultants have predicted.
-
News
Charge cap consultation ramps up governance, weakens employers
News analysis: Defined contribution scheme representatives will see governance responsibilities increase after the pensions minister announces further reforms to ensure members get value – with a backdrop of industry debate on the charges cap.
-
FeaturesStrathclyde rebalances bond portfolio in drive for greater returns
Strathclyde Pension Fund has decreased its allocation to corporate bonds in favour of a wider absolute return bond strategy, to rebalance its portfolio as spreads tighten.
-
Opinion
Risk Transfer Index: March 2014
Data analysis: Equity market performance and gilt stability could make it better value for schemes to lock in any funding gains, according to market commentators.
-
News
Isle of Wight bolsters governance ahead of LGPS reform
Isle of Wight Pension Fund has identified areas ripe for improvement in its governance, including more frequent funding monitoring, as local government schemes brace for next year's reforms to the sector.
-
News
European investors hunt alternatives to diversify growth assets
Data analysis: Fixed income attracted the most money from European investors last year, but alternatives won on future allocations as schemes look to derisk and diversify portfolios.
-
News
Charities await guidance to reduce liability squeeze
Not-for-profit employers that belong to multi-employer schemes are waiting for further guidance on dealing with debt risk that could trigger insolvency.
-
News
Compliance concerns prompt employers to rethink AE providers
News analysis: Some large employers are considering switching their auto-enrolment provider as their administration needs are not being met, fanning a growing secondary market.
-
News
Only seven in 10 DC members use the default
Data analysis: Fewer defined contribution members than expected are invested in default funds, new figures have shown, but experts anticipate this to increase as auto-enrolment continues to roll out.
-
News
United Utilities ups interest rate hedge after hitting trigger
United Utilities has increased interest rate hedging in its defined benefit schemes in order to reduce risk, working towards its target of full protection against interest and inflation rate fluctuations.
-
News
Scheme ETF usage picks up but obstacles remain
News analysis: More schemes are using exchange traded funds as part of a tactical investment strategy, industry members have observed, but there are still barriers in cost and governance.
-
News
Inflation drop should not deter hedging, experts warn
News analysis: Schemes have been warned they need to protect themselves against fluctuations in inflation despite rates falling to the Bank of England’s target level.
-
NewsSchemes urged to lock in gains as market improves
Special report: Pension schemes could see a further 40 basis point jump in gilt yields by the end of 2014, improving their funding levels and derisking value.
-
News
Managers endorsing DC auto-escalation could face scheme tailoring challenge
News analysis: More than half of employers back auto-escalation schemes as a way to increase employee contributions, according to new research, but they may face challenges in tailoring contribution rates to members.
-
NewsImproved funding levels set off derisking triggers
Four in 10 schemes hit derisking triggers in the year to September as funding levels recovered and institutional investors looked to take risk off the table.
-
News
Investors on the hunt for asset performance
2014 preview: Next year will provide defined benefit schemes more derisking opportunities, while defined contribution schemes may need to diversify further during their growth phase, investment experts have predicted.
-
News
Kent ups property to benefit from stronger yields
Kent Pension Fund has decided to increase its exposure to property by almost 20 per cent to take advantage of attractive yields.
-
NewsNotts fund: stable investment ensures performance
Nottinghamshire Pension Fund has advocated a steady state investment strategy to improve efficiencies and reduce costs in the local government sector.
-
NewsDiageo reduces equity hedge funds in strategy shift
Diageo Pension Scheme has reduced its exposure to equity-based hedge funds and increased allocation to other hedge fund strategies alongside its overall derisking framework.