Allied Irish Bank (AIB) has secured an £850m buy-in for its UK pension scheme with Legal & General (L&G).
Chancellor of the Exchequer Sajid Javid has resigned just under a month before he was expected to deliver the first Budget of this parliament, making him the shortest-serving Chancellor for more than 50 years.
Aberdeen Standard Investments (ASI) has "sold down [the] structurally challenged companies" in the LF ASI Income Focus fund as it repositions the portfolio to be more liquid and diversified ahead of its reopening on Thursday 13 February.
Thinking Ahead Institute research shows that DC funds have more assets than DB across the world’s biggest markets.
Amendments to the pension schemes bill tabled in the House of Lords could hand the government “unprecedented” powers over schemes’ investment strategies, the Pensions and Lifetime Savings Association (PLSA) has warned.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the January 2020 estimates on the various measures…
The law does not require trustees to be perfect, but they must understand it to know the true value of scheme liabilities, says Anna Copestake.
RPMI Railpen has acquired a mixed-use property development in Dartford, Kent, to add to its growing real estate portfolio.
We must take urgent action to drive up member understanding of their pensions, or risk a generation of ill remunerated retirees, says Karen Bolan.
Disagreements between trustees and consultants can be difficult, but they are necessary to improve the quality of decision-making, says Paul Richards.