All XPS Pensions Group articles – Page 2
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NewsSchemes could bag £100bn in savings after bank base rate hike
The Bank of England's anticipated move to raise rates could fuel huge savings for defined benefit schemes, although the inflationary outlook has deteriorated as the cost of living crisis continues to bite.
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NewsEquities drive fiduciary management performance in 2021
On the go: Fiduciary managers depended on a strong performance by equity markets to drive returns in 2021, helping most to outperform a key benchmark.
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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.
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NewsScam warnings on DB transfers near record high
On the go: The number of scam warnings on defined benefit transfers is near a record high, despite a downward trend in transfer activity, XPS Pensions Group has said.
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NewsLGPS funds race to complete McCloud data remedy
Some employers are struggling to provide their Local Government Pension Scheme funds with the necessary information to complete the McCloud data remedy exercises.
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NewsInflation hits 30-year high of 6.2%
On the go: Inflation hit another record in February, piling the pressure on the chancellor to address the soaring cost of living in his Spring Statement on March 23.
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NewsUK to raise £10bn from green gilt sales
On the go: The Debt Management Office will sell £10bn in green gilts as part of £124.7bn in overall gilt sales in the 2022-23 period.
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NewsFour in 10 DC schemes are looking to consolidate
On the go: Forty-three per cent of defined contribution pension schemes aim to consolidate within the next few years, according to new research.
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NewsAbrdn steals limelight from superfunds with DB master trust
Abrdn is set to join the ranks of defined benefit master trust providers, with plans to launch its scheme in the second quarter of 2022.
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How to win a PIPA and influence judges
The March 11 deadline for submissions into this year’s Pension and Investment Provider Awards is fast approaching.
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NewsTrustees still conflicted between fiduciary duties and ESG goals
The desire to play a part in saving the planet is seen by some trustees as conflicted with the primary goal of delivering financially for investors.
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NewsPension transfer ‘red flags’ rise to 50% in January
On the go: Pension transfer ‘red flags’ increased to 50 per cent in January despite a dip in transfer activity, according to data from XPS Pensions Group.
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NewsManufacturing company agrees £75m buy-in
On the go: The Triplex Lloyd Final Salary Plan has agreed a circa £75m bulk annuity transaction with Legal & General Assurance Society for the Doncasters section of the defined benefit scheme.
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NewsDefined benefit transfers fall to lowest level in four years
On the go: The number of defined benefit transfers has fallen to its lowest level since 2018, according to data from XPS Pensions Group.
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NewsMitchells & Butlers agrees buy-in, AvestaPolarit derisks with Rothesay
Risk watch: A roundup up of the latest derisking transactions, including the Mitchells & Butlers scheme’s £650m full buy-in with Legal & General and the AvestaPolarit scheme’s bulk annuity transaction with Rothesay.
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NewsTriumph International scheme agrees buy-in with L&G
On the go: The Triumph International Pension Scheme has agreed a full £49m buy-in with Legal & General Assurance Society.
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NewsHow will the new pension transfer restrictions work?
The new pension transfer rules coming into force on November 30 will bring added duties for pension scheme trustees, and will not be a panacea to prevent scams, specialists warn.
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NewsTelecoms group appoints XPS as pensions adviser
On the go: The BT Group, which has both defined benefit and defined contribution plans including the £57.5bn BT Pension Scheme, has appointed XPS Pensions Group as pensions adviser.
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NewsGovernance burden does not translate into value, industry says
On the go: Pensions professionals have said the burden of the increased level of scheme governance is not worth the value it brings, a survey from XPS Pensions Group has found.
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NewsBuilders’ merchant scheme secures £8m buy-in
On the go: The £9.4m Atkinson Northern Limited Retirement Benefits Scheme has secured an £8m buy-in with Legal & General Assurance Society.