All News articles – Page 5
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NewsLGPS funds mulling divestment from Israel-related assets
Funds within the Local Government Pension Scheme are considering their investments linked to Israel amid divestment campaigns.
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NewsHow master trusts could save on private markets investment fees
As it prepares to deploy capital into unlisted asset classes, The People’s Pension has published a report on how to do this in a cost-effective way.
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NewsLGPS chief urges councils to preserve pension resources
The chair of the Local Government Pension Scheme’s advisory board has urged local councils not to cut the budgets of their pension teams as officials come under pressure to cut costs.
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NewsNest buys stake in infrastructure manager IFM Investors
The master trust has bought a 10% stake in Australian infrastructure manager IFM Investors as part of a partnership arrangement to ramp up its private markets allocation.
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NewsInstitutional appetite for private markets on the increase, study shows
A study by Aviva Investors reports that more than half of institutions surveyed expected to increase their allocation to private markets over the next two years.
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NewsPeople’s Pension launches in-house investment unit
DC master trust The People’s Pension has established an in-house investment unit under the leadership of chief investment officer Dan Mikulskis, as it prepares for significant asset growth over the next five years.
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NewsCompetition for small scheme bulk annuity deals increasing, data shows
Plus: Royal London lands buy-in deals with Lufthansa schemes and PIC insures financial regulator’s pension plan.
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NewsAviva Investors launches LTAF for venture capital investment
Aviva Investors has launched a long-term asset fund (LTAF) with a seed investment from the Aviva defined contribution (DC) master trust.
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NewsLGPS pools back £510m affordable housing fund
Two Local Government Pension Scheme (LGPS) pools have backed an affordable housing investment strategy run by Legal & General (L&G).
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NewsTPR chair praises industry diversity progress
The pensions industry is doing “a million times better” on diversity, according to the chair of the Pensions Regulator (TPR).
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NewsDWP to consider changes to PPF levy [updated]
The next Pension Protection Fund (PPF) levy bill could be smaller or even zero, after the Department for Work and Pensions (DWP) agreed to consider changes to the levy rules.
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NewsBank of England launches repo facility for pension funds
The Bank of England has this week opened a derivatives trading facility to support pension funds and liability-driven investment (LDI) managers at times of market stress.
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NewsMPs seek to force government’s hand on WASPI compensation
MPs have tabled a bill aimed at forcing the government to compensate women who were victims of maladministration related to the rise in the state pension age.
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NewsGovernment to announce DB surplus extraction rules in the spring
The government has confirmed plans to relax rules around defined benefit (DB) pension scheme surpluses, paving the way for excess funds to be paid out to members or employers.
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NewsL&G insures Sanofi pension fund for £1.4bn
Legal & General (L&G) has completed a £1.4bn buy-in with the Sanofi Pension Scheme, sponsored by French pharmaceutical giant Sanofi.
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NewsChancellor expected to loosen rules on DB surpluses [updated]
Chancellor Rachel Reeves is expected to unveil new plans to free up defined benefit (DB) pension scheme surpluses in a speech this week.
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News2024 was record year for bulk annuities, data shows
Preliminary data on bulk annuity transactions shows that approximately £52bn worth of deals were completed last year – a new record.
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NewsRoyal London insures Rockwool scheme through £53m buy-in
Royal London has insured the defined benefit pension scheme for insulation manufacturer Rockwool through a £53m buy-in.
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NewsNottinghamshire reviews local property investment portfolio
The Nottinghamshire Pension Fund is to review its local property investment portfolio due to underperformance and a lack of scale.
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NewsPLSA: Don't make pension schemes carry inheritance tax burden
Plans to charge inheritance tax on unused retirement pots risk turning pension schemes into tax administrators, according to the Pensions and Lifetime Savings Association (PLSA).