All News articles – Page 14
-
News
LCP takes over executive functions at National Grid scheme
The executive and governance team at the £11.8bn National Grid UK Pension Scheme has transferred to consultancy group LCP.
-
News
Three firms sign up to Dashboard Operators Coalition
Moneybox, NatWest Cushon and Smart Pension have all signed up to the Dashboard Operators Coalition, an industry group of potential providers of pension dashboards.
-
News
What TPR wants from Value for Money consultation
The regulator has called for industry input on measures of service quality and forward-looking performance metrics to build out its Value for Money framework.
-
News
Trustees increase focus on endgame planning
Almost nine in 10 trustees of defined benefit (DB) pension schemes are expected to decide their endgame strategy within the next five years, new research suggests.
-
News
UK facing ‘cliff edge’ on pension provision
The UK is facing a “cliff edge of challenges” for its £2trn pensions system including low engagement, poor savings levels and low productivity, according to Mercer.
-
News
Bulk annuities latest: Scottish Milk scheme insures with Just for £42m
The latest defined benefit insurance transactions also include a £34m deal for the Macmillan charity’s scheme.
-
News
Railpen 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.
-
News
LGPS 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.
-
News
Aviva, 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.
-
News
XPS 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.
-
News
Norton 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).
-
News
Trustees and campaign groups call for consultant regulation
Campaigners have called on the Treasury to accelerate progress on bringing investment consultants into the regulatory regime.
-
News
Government 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.
-
News
LifeSight 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.
-
News
BBC reschedules valuation as scheme hits surplus
The trustees of the BBC’s £13.8bn pension scheme have brought forward its triennial valuation to take into account improvements in its funding position.
-
News
Why 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.
-
News
Wales pool awards £2bn property mandate to Schroders
Wales Pension Partnership, the asset pool for the country’s eight Local Government Pension Schemes (LGPS), has appointed Schroders to run a major real estate mandate.
-
News
USS, Railpen announce major UK investments
The Universities Superannuation Scheme (USS) and Railpen have separately announced major new investments in UK private market assets.
-
News
How 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.
-
News
Charity 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.