All Legal & General articles – Page 2
-
NewsPension risk transfer market set for second-biggest year
On the go: Pension risk transfer volumes in the UK are expected to conclude the year at their second-highest level, according to Legal & General.
-
NewsProviders take action to prevent reduced pension contributions
Providers have started to take action as more individuals move to reduce pension contributions as a result of the cost of living crisis.
-
NewsBoots seals full £50mn buy-in with L&G
On the go: The £50mn Boots Supplementary Pension Plan has agreed a full buy-in with Legal & General Assurance Society, covering the benefits of more than 110 pension members.
-
NewsGender pensions gap is present in every UK industry
On the go: Every industry in the UK has a gender pensions gap, including those dominated by female workers, according to new research. Legal & General also confirmed that women can expect a pension pot that is half the size of men’s pots, regardless of their industry.
-
NewsPensions engagement campaign to launch this autumn
On the go: The first iteration of a new pensions engagement campaign created by the Association of British Insurers and the Pensions and Lifetime Savings Association will run from September to November.
-
NewsNew British Steel scheme appoints investment manager
On the go: The new £9.9bn British Steel Pension Scheme has agreed in principle to appoint Legal & General Investment Management to handle its scheme assets in full.
-
NewsSmiths Group scheme secures final £640mn buy-in
On the go: The £1.7bn TI Group Pension Scheme has completed a £640mn buy-in with Rothesay, covering its remaining uninsured members.
-
NewsAE levels out as employers seek change to age threshold
Workplace pension participation is stalling after reaching a rate of 88 per cent of eligible employees last year, according to new figures from the Department for Work and Pensions.
-
NewsBarnett & Hall Holdings scheme agrees £21mn buy-in
The £31.2mn Barnett & Hall Holdings Pension Scheme has secured a circa £21mn buy-in with Legal & General Assurance Society ahead of a potential future buyout.
-
NewsNew British Steel scheme signs second buy-in
On the go: The British Steel Pension Scheme II has secured a second buy-in with Legal & General, insuring around 25 per cent of its liabilities.
-
FeaturesPension fund focus on ESG opens questions over insurer back books
Billions of assets purchased by insurers to back UK retirement promises have the potential to drive corporate progress on issues such as climate change, and pension fund trustees are now indicating a willingness to pay extra for better stewardship.
-
NewsJust two-thirds of master trusts will deliver ‘moderate’ retiree outcomes
On the go: There is at least a 600 basis point difference in returns between the top and bottom-performing master trust providers due to a wide variety of approaches to default investment strategies, according to research by LCP.
-
NewsTrans-European Port Services scheme agrees £4.4mn buy-in
On the go: The Trans-European Port Services Limited 1974 Pension Scheme has completed a £4.4mn full-scheme buy-in with Legal & General Assurance Society.
-
NewsWorcestershire invests in climate fund, insurers lock in net zero targets
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including the Worcestershire County Council Pension Fund investing in a climate fund, bulk annuity insurers all having set net zero targets, and the Church of England Pensions Board slashing the carbon intensity of its holdings by a fifth.
-
NewsUniversal Office Supplies scheme agrees £47mn buy-in
On the go: The Universal Office Supplies Pension Scheme has agreed a buy-in with Legal & General.
-
NewsAegon invests £3bn in ESG range, NPT shifts to sustainable strategy
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with Aegon investing £3bn of its default funds in ESG, and the National Pension Trust shifting its default arrangement towards a green strategy.
-
NewsPassive boom could slow fossil fuel withdrawal, think tank warns
On the go: The “outsize role” passive funds find themselves in when it comes to environmental, social and governance investing may be hampering efforts to sustainably invest, according to the Common Wealth think tank.
-
NewsWilliam Hill insures all liabilities, boarding school agrees full buy-in
Risk watch: A roundup up of the latest derisking transactions, including the William Hill scheme’s transaction with Rothesay and Gordonstoun School’s full buy-in with Legal & General.
-
NewsNorthern Ireland LGPS commits to low-carbon fund
On the go: The circa £10bn Northern Ireland Local Government Officers’ Superannuation Committee has transferred its entire £2.8bn core passive equity holdings into Legal & General Investment Management’s Low Carbon Transition Fund.
-
NewsSchemes and providers team up to push pensions engagement
On the go: Around 15 pension providers and schemes representing approximately 41.5mn savers and customers have committed to support a campaign to encourage engagement with pensions.