Deal will create UK’s second largest workplace pensions platform by assets and customers
Global market volatility leads to fall in both DB assets and liabilities
LGPS body also recommends vote against BP’s chair amid ‘serious governance concerns’
Move follows Lords vote to remove reserve investment power from Pension Schemes Bill
Trustees urged to understand importance of robust stress testing and regular monitoring
Report sets out practical steps to help government meet affordable homes goal
The amount of assets per pound of benefit owed to members has fallen since 2022
Future Opportunities aims to help drive better outcomes by embracing private markets
Latest appointment follows a period of expansion for the trustee firm
Provides UK schemes with access to VC through Future Planet Capital managed fund