All News articles – Page 18
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NewsCheviot revamps operational and investment models to boost master trust offering
The master trust provider has struck new partnerships with Spence & Partners and Van Lanschot Kempen as it seeks to modernise its services to defined benefit and defined contribution clients.
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NewsSurplus plans welcomed by trustees but concern raised over ‘deadlock’ cases
The Association of Member Nominated Trustees has welcomed the government’s planned approach to surplus extraction rules that will place trustees at the centre of decision-making.
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NewsTrustees to be given full discretion over DB scheme surplus release
Defined benefit pension schemes will be able to release surplus if they are overfunded on a low dependency basis, under proposals outlined by the government this week.
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NewsHow the Pensions Investment Review will change DC default funds
The government has set out a multi-year vision for how DC consolidation will play out, with transition plans to be put in place to help smaller providers reach its coveted £25bn target.
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NewsPLSA warns against making UK investment mandatory
Giving the government the power to force particular asset allocations could undermine trust in the pensions system and introduce downside risks for pension schemes, the trade body has said.
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NewsA step too far? Mandatory UK investment remains a threat after Pension Investment Review
The forthcoming Pension Schemes Bill will give the government the power to force pension funds to invest in the UK.
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NewsLGPS pooling: March 2026 deadline confirmed as government eyes ‘backstop’ power [updated]
The government will give itself the power to decide what pooling organisation a local authority pension fund should join as a “backstop” to ensure its “megafunds” plan for the Local Government Pension Scheme succeeds.
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NewsLondon CIV backs venture capital vehicle in drive for private equity exposure
The £50bn Local Government Pension Scheme asset pool is the first public sector entity to back the British Business Bank’s planned new venture capital fund for pension investors.
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NewsGovernment sets out £25bn ‘megafunds’ plan for DC funds
Pensions Expert is covering all the major talking points from the long-awaited Pensions Investment Review, including legislative ‘backstops’ for UK investment and LGPS pooling, and measures to aid the consolidation of DC pension schemes. Our coverage is summarised here or available elsewhere on the website.
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NewsIs the government about to sacrifice salary sacrifice arrangements?
Research published this week by HM Revenue & Customs (HMRC) suggests that the government could cut back on the tax benefits of salary sacrifice arrangements, according to industry experts.
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NewsSmart Pension targets £4bn in private markets by 2030
The master trust intends to allocate to private equity, venture capital, renewable energy and technology across multiple industries as it aligns itself with the Mansion House Accord.
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NewsMorrisons purchases £270m buy-in from Aviva
The insurance company has secured the RSP Section of the Morrisons Retirement Saver Plan, covering 32,000 members of a cash balance plan.
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NewsCivil Service Pension Scheme administrators could strike over Capita switch
The Public and Commercial Services union is balloting members that work on the MyCSP administration system ahead of its takeover by Capita later this year.
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NewsRailpen sells administration business to Broadstone
The industry-wide pension scheme has decided to offload its third-party administration unit after two decades of providing outsourced services.
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NewsRoyal London targets UK infrastructure with Dalmore acquisition
The acquisition will boost Royal London’s UK infrastructure investment capabilities, bringing on board 130 infrastructure assets across five funds worth £6bn in total.
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NewsHow DB superfunds can help remove ‘regulatory straitjackets’ from pension schemes
A report from New Capital Consensus argues for greater consolidation of DB pension schemes to support investment in productive finance.
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NewsBell confirms surplus release plans will feature in Pension Schemes Bill
The government has confirmed plans to free up billions of pounds from defined benefit (DB) surpluses, with legislation to be introduced through the Pension Schemes Bill. In an announcement today (21 May), the government cited figures from the Pensions Regulator and the Pension Protection Fund (PPF) indicating record levels of ...
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NewsNest makes first allocations through IFM Investors partnership
The investments follow Nest’s acquisition of a 10% stake in the Australian infrastructure specialist, which was announced in February.
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NewsRegulator aims to kickstart pension innovation through industry collaboration
The Pensions Regulator will work more closely with the industry and the Financial Conduct Authority to help new ideas come to market.
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NewsProfessional trustee market growth slowing, data shows
Sole trusteeship growth is slowing amid fresh scrutiny from the Pensions Regulator, with further declines forecast.