This week’s top stories included Lloyds agreeing a £10bn longevity swap with Pacific Life Re for three of its pension schemes, and the Co-operative Pension Scheme completing a £1bn buy-in with Aviva.
A strong growth in the number of ESG ratings and data providers could be contributing to slow progress on responsible investment goals, according to NN Investment Partners (NNIM).
Principal global real estate associations INREV, NCREIF, PREA and ANREV1 have reached an agreement on a standardised approach for measuring the costs of real estate investment vehicles.
Savers who take an early retirement after becoming ill or sustaining severe injury are being increasingly harshly penalised for breaching pension tax relief limits, according to Royal London.
Defined benefit (DB) pension schemes will be able to predict the outcome of member options exercises using artificial intelligence (AI), says Mercer.
Over 80% of consumers want to know more about which companies their pensions are invested in and more transparent updates on their business activities, according to PensionBee.
Almost half (44%) of clinical and non-clinical trust executive directors are considering or planning to leave the NHS in the next two years due to pension taxation, according to NHS Providers.
Norfolk County Council will lead a multi-provider framework agreement that will see 14 Local Government Pension Scheme (LGPS) funds share actuarial services, benefits and governance consultancy services.
This week’s top stories included The Pensions Ombudsman’s rejection of several British Steel complaints, and the unveiling of the Money and Pensions Service’s financial wellbeing strategy.
The parent of collapsed UK retailer Mothercare has secured a revised payment schedule with its pension scheme trustees and said it is “on track” with its planned recapitalisation.