The Marathon Service (GB) Limited Pension and Life Assurance Scheme has completed a £610m full buy-in with Rothesay Life, covering the benefits of more than 1,400 members.
The Pensions Policy Institute (PPI) has launched a research series focused on identifying practical ways to improve trustee and contract-based scheme provider engagement on ESG issues.
Both open and closed defined benefit (DB) schemes will be given the clarity and flexibility they need under the proposed revision of the funding code, says The Pensions Regulator (TPR).
Nest has completed its plans to rid its investment portfolio of tobacco assets a year earlier than it had anticipated.
The Pensions Regulator’s (TPR) proposal for a ‘fast track’ approach to defined benefit (DB) scheme funding regulation is being “used too broadly” and in danger of suffering from “mission creep”, says Aon.
The Local Pensions Partnership (LPP) has invested £150m in private rental housing, joining a consortium of investors who have so far committed to £1.2bn for the build to rent platform.
The Hitachi UK Pension Scheme has agreed and completed a £275m buy-in deal with Legal & General (L&G) covering the remaining benefits in the scheme.
The Pension Protection Fund (PPF) and Department for Work and Pensions (DWP) will appeal court judgments relating to the way the lifeboat fund pays compensation.
Potential changes to the way the Retail Prices Index (RPI) is calculated and reported could cause assets to fall by between £60bn and £130bn, according to various estimates.
Three investment professionals tell Professional Pensions how the pandemic has impacted scheme portfolios, what opportunities may arise post-pandemic, and the key lessons for trustees