The Pensions Regulator’s (TPR) annual funding statement aims to keep up pressure on schemes but tries to avoid putting undue strain on employers at a time of crisis, the industry says.

The Pensions Regulator (TPR) has published its 2020 annual funding statement outlining how defined benefit schemes should approach forthcoming scheme valuations.

The National Pension Trust’s global equity fund has been named as the best performing growth phase default fund over one and three years in a research report published by Defaqto.

The Association of Professional Pension Trustees (APPT) has announced it will allow professional trustees to become provisionally accredited in light of delays caused by Covid-19.

The Pensions Management Institute (PMI) has announced that CBC Pension Services director Michael Clark has become the first fully-accredited professional trustee in the UK.

NFP – a US-headquartered, private equity-owned insurance broker and consultant – has bought Johnson Fleming in a bid to expand its international offering.

Kempen Capital Management has announced it has completed the transfer of two new fiduciary management mandates.

Boutique asset managers have outperformed both passive indexing and non-boutique active managers in periods of elevated volatility over the past 20 years, latest research by Affiliated Managers Group reveals.

Cardano has appointed Marino Valensise as its group chief investment officer from Barings Asset Management.

The Smurfit Kappa UK Pension Fund is set to complete the transition and onboarding of £1.16bn of mandates to River and Mercantile Group following a full market retendering process.