Five local government pension schemes have committed £100m collectively as cornerstone investors to a ten-year closed-end vehicle called Hearthstone Residential Fund 1 (HRF1).
The Hymans Robertson Staff Pension Plan's governance committee has taken various steps this year to improve member experience, writes Michael Klimes
PP research finds little support for amending pensions law to force consideration of climate risks.
Pension funds should incorporate climate change expertise onto trustee boards as it poses severe short-term risks to investments, the Pensions and Lifetime Savings Association (PLSA) has warned.
The UK pensions system remains relatively ungenerous and unequal compared to other countries, the Organisation for Economic Co-operation and Development (OECD) has said.
The Pensions Ombudsman (TPO) and the Financial Ombudsman Service (FOS) have signed an updated version of their Memorandum of Understanding (MoU) to improve co-operation and exchange of complaints information.
Michael Klimes explores whether consultants and actuaries could end up in court if they fail to give proper advice on financial risks related to climate change
PP research provides experts' verdicts on the Budget and investment risk
Closing the Universities Superannuation Scheme (USS) to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.
Actuaries and investment consultants that fail to take account of climate risk in their work and advice face increasing risks of legal liability and regulatory action, according to ClientEarth.
This week we want to know what will be the greatest risk to pension scheme investment in 2018, and whether the quiet Autumn Budget was good news for pensions.
Michael Klimes asks if the proposal to close USS to future accrual is realistic
The Pensions Infrastructure Platform (PIP) will acquire a portfolio of interests in ten UK public-private projects for just over £400m after reaching an agreement with Aberdeen UK Infrastructure Partners.
The Avon Pension Fund has appointed Loomis Sayles to run its first multi-asset credit mandate worth £485m after an open tender.
The pension industry's reaction to the lack of policy in the Autumn Budget has been a mixture of relief and disappointment.
PP research finds concern over direction of travel for pensions after rapid market changes.
The government plans to exempt pension funds from changes announced today that will apply UK tax to gains made by non-residents on immovable property.
Now Pensions has invested approximately £65m worth of green bonds through its diversified growth fund (DGF).
KPMG has promoted James Riley and David O'Hara from director to partner within its pension team as part of its annual review.
Hymans Robertson has launched a tool to help schemes more easily assess their readiness to complete a buy-in and the benefits this could bring.
Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.
The Association of British Insurers (ABI) has published guidance to help firms spot and support vulnerable people in the long-term savings market.
Michael Klimes asks if a permanent, independent body staffed by technocrats can find answers to funding retirement and social care
The proportion of schemes using independent advisers to appoint a fiduciary manager has risen to 60%, according to KPMG's 2017 survey.