Five local government pension schemes have committed £100m collectively as cornerstone investors to a ten-year closed-end vehicle called Hearthstone Residential Fund 1 (HRF1).
Labour leader Jeremy Corbyn has become the hundredth MP to call for the £621m parliamentary pension scheme to divest from fossil fuels.
The Hymans Robertson Staff Pension Plan's governance committee has taken various steps this year to improve member experience, writes Michael Klimes
PP research finds little support for amending pensions law to force consideration of climate risks.
Pension funds should incorporate climate change expertise onto trustee boards as it poses severe short-term risks to investments, the Pensions and Lifetime Savings Association (PLSA) has warned.
The UK pensions system remains relatively ungenerous and unequal compared to other countries, the Organisation for Economic Co-operation and Development (OECD) has said.
This week we want to know if the way defined benefit (DB) schemes invest neglects UK enterprise and what you think the most important pensions story this year has been.
The Pensions Ombudsman (TPO) and the Financial Ombudsman Service (FOS) have signed an updated version of their Memorandum of Understanding (MoU) to improve co-operation and exchange of complaints information.
Michael Klimes explores whether consultants and actuaries could end up in court if they fail to give proper advice on financial risks related to climate change
PP research provides experts' verdicts on the Budget and investment risk
Closing the Universities Superannuation Scheme (USS) to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.
Malcolm McLean says we must look hard at the delivery of the pension freedoms and ensure consumer protection is as good as it can be
Artemis IM, Hargreave Hale, Newton IM, River & Mercantile AM
Fidelity International has unveiled further details of its new variable management fee model, which will launch on 1 March next year across the clean share classes of ten active equity funds.
Actuaries and investment consultants that fail to take account of climate risk in their work and advice face increasing risks of legal liability and regulatory action, according to ClientEarth.
This week we want to know what will be the greatest risk to pension scheme investment in 2018, and whether the quiet Autumn Budget was good news for pensions.
Michael Klimes asks if the proposal to close USS to future accrual is realistic
The Pensions Infrastructure Platform (PIP) will acquire a portfolio of interests in ten UK public-private projects for just over £400m after reaching an agreement with Aberdeen UK Infrastructure Partners.
The Work and Pensions Select Committee has launched an inquiry into the merits of collective defined contribution (CDC) pension schemes, and the potential role they could play in saving for retirement.
The Avon Pension Fund has appointed Loomis Sayles to run its first multi-asset credit mandate worth £485m after an open tender.
The pension industry's reaction to the lack of policy in the Autumn Budget has been a mixture of relief and disappointment.
PP research finds concern over direction of travel for pensions after rapid market changes.
The government plans to exempt pension funds from changes announced today that will apply UK tax to gains made by non-residents on immovable property.
Now Pensions has invested approximately £65m worth of green bonds through its diversified growth fund (DGF).
This week we want to know if the UK is facing a crisis in the retirement income market and whether government concern about a rushed cold calling ban is valid.
There has been a huge rise in the number of DB to DC transfers since 2015. Stephanie Hawthorne looks at how demand is changing and what these changes mean for schemes.
KPMG has promoted James Riley and David O'Hara from director to partner within its pension team as part of its annual review.
Hymans Robertson has launched a tool to help schemes more easily assess their readiness to complete a buy-in and the benefits this could bring.
Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.
The Association of British Insurers (ABI) has published guidance to help firms spot and support vulnerable people in the long-term savings market.
Michael Klimes asks if a permanent, independent body staffed by technocrats can find answers to funding retirement and social care
The proportion of schemes using independent advisers to appoint a fiduciary manager has risen to 60%, according to KPMG's 2017 survey.
Respondents believe another rate rise is question of when, not if.
The National Employment Savings Trust (NEST) has launched a consultation on proposed amendments to its scheme rules such as how employers and members can join and leave the scheme.
This week we want to know when you think the next UK base interest rise will occur and if investment consultants should take the lead on driving up cost disclosure.
Chris Sier has called on investment consultants to take the lead on disclosure of costs and charges as for too long asset managers have not put pension clients first.
Michael Klimes examines whether clarification on new money laundering rules will ease additional obligations on schemes.
This week's top stories were Broadstone Group's acquisition of Mitchell Consulting and 2020 Trustees, and TPR launching a probe into trustees' assessments of DC costs.
The industry can expect The Pensions Regulator (TPR) to become "increasingly clear" as to which methods are "good" to use for valuations, according to Andrew Young.
Aviva is the thirteenth master trust provider to receive the Pension Quality Mark (PQM) Ready accreditation.
This week we want to know if the Chancellor will reform tax relief in the Budget and if the government should amend rules around salary exchange arrangements to help lower-paid workers.
RPMI has continued the restructure of its senior team - appointing two managing directors as part of a move to focus on "core areas" of expertise.
Some master trusts have been criticised for exposing members to too much risk one year prior to retirement. Michael Klimes explores the difficulty of balancing risk exposure.
PP research shows huge support for helping workers plan for retirement.
The industry holds mixed views on government policy in defined contribution provision, Professional Pensions research has found.
HM Revenue and Customs (HMRC) paid out £37m in overpaid tax to pension freedoms users in the third quarter of the year, its quarterly figures have revealed.
Michael Klimes explores the challenges to the rollout of biometrics in schemes and the benefits it could bring.
Schemes should consider more modern ways of engaging with complaining members as this could solve conflicts more quickly, Anthony Arter says.