Foresight Group has announced plans to acquire the £700m Pension Infrastructure Platform (PIP) from a consortium of pension funds and the Pensions and Lifetime Savings Association (PLSA).
Outcomes have improved for scheme members choosing to transfer, according to research by XPS Pensions.
The Pensions Regulator (TPR) is set to increase its engagement with pension scheme administrators in light of the Covid-19 pandemic.
The government’s furlough scheme has hit pension contributions by 25%, higher than the 20% wage cut the scheme offers, according to research by Now Pensions.
The Association of Consulting Actuaries (ACA) has welcomed the Pensions Climate Risk Industry Group (PCRIG) and the Department for Work and Pensions’ (DWP) guidance on climate risk.
Scottish Widows has unveiled an updated stewardship policy detailing how it will undertake stewardship and engagement activity in support of its responsible investment framework.
UK defined benefit (DB) schemes lose up to £250m a year due to less tax-efficient funds, according to research by the Asset Management Exchange (AMX) and Northern Trust.
RPMI Railpen and Wrenbridge have secured planning consent for a major London warehouse development.
More than a third of savers have taken some form of action relating to their pension during the national lockdown, according to research by Aviva.
XPS Pensions has revealed that the gap between pension obligations reported in companies’ accounts and the long-term funding strategies that drive cash demands is continuing to grow.