Industry
PLSA puts forward seven proposals to overcome barriers to climate-aware investing
Data definitions, better stewardship, and increased education are central recommendations for overcoming the barriers to climate-aware investing, the Pensions and Lifetime Savings Association (PLSA) says.
Pensions industry 'can't compete' with 'ingenious' scammers
The pensions industry “can’t compete” with the “ingenuity” of scammers until industry jargon is removed and communications are simplified, according to industry experts.
Birthday honours for Mark Boyle and Sara Protheroe
Birthday honours have been awarded to pensions industry giants Mark Boyle and Sara Protheroe in recognition of their “outstanding achievements”.
Collaboration vital if pensions sector is to be instrumental in driving change on climate crisis
The whole pensions sector must collaborate if it is going to drive real change on climate issues, industry experts have warned.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.
Consolidation leads five-year expected industry trends, PLSA finds
Consolidation across defined benefit (DB) and defined contribution (DC) schemes is the most-anticipated trend for the UK pensions industry over the next five years, the Pensions and Lifetime Savings Association (PLSA) has found.
Brexit still 'a significant concern' say schemes
Brexit remains a key area of concern for pension schemes as discussions over a potential trade deal with the EU continue to intensify, according to a PP poll.
Five stories you may have missed this week
This week’s top stories included the passing of the Pension Schemes Bill in the House of Commons at the second reading. Also, Willis Towers Watson claimed that collective defined contribution pensions could average significantly higher than either defined...
Smart launches in the US as Secure Act widens access to pensions
Smart has formally entered the American pensions market ahead of the launch of a record-keeping solution for pension equity plans in 2021.
Fund managers urged to ramp up climate risk data
XPS Pensions Group has called on fund managers to step up collection and management of climate risk data in order to get a true sense of the risk in their portfolios.
2020 volatility would not have led to CDC benefit cuts, Aon says
UK collective defined contribution (CDC) schemes would have weathered 2020 market volatility and would not have needed to cut member benefits, Aon says.
APPT announces over 200 professional trustee accreditations
More than 200 professional trustees have received full accreditation from the Association of Professional Pension Trustees (APPT) since the course opened in April.
River & Mercantile profit halves as performance fees slump
Lower gilt yields to blame
McCloud judgment proposed changes 'could take more than two years to implement'
The proposed changes from the McCloud judgment to Local Government Pension Scheme (LGPS) members could take more than two years to implement, according to the Pensions and Lifetime Savings Association (PLSA).
UK Pensions Awards 2020 - The Winners
Here they are - the winners of the UK Pensions Awards 2020...
CMI: Q3 mortality in line with pre-coronavirus trends
Despite year-to-date mortality rates sitting at their highest in 12 years, the level of deaths in the third quarter remained broadly the same as in 2019.
ABAKA: Delivering artificial financial intelligence
Professional Pensions spoke to Abaka as part of an exclusive series of interviews with some of the finalists and winners of this year's UK Pensions Awards. This is what the firm had to say…
Saving money is no goal for tax reform
Richard Butcher says the past 25 years has been a mixed bag when it comes to pension reform but says more change is still needed to fix the system.
West Mercia Police Pension Scheme appoints XPS for administration services
XPS Pensions has been appointed by the West Mercia Police Pension Scheme to provide its pension administration and payroll services.
PMI appoints Lesley Alexander as president
The Pensions Management Institute (PMI) has elected Lesley Alexander as president.
Have your say: Can AE defaults be net zero by 2050?
In this week’s Pensions Buzz, we want to know whether you think auto-enrolment default funds can be net zero by 2050, as called for by Aviva, and if ESG is a top priority for your scheme.
Opperman: 'Productive power' of pensions key to net-zero Britain
Sustainable pension investments are vital in overarching plans to push the UK to net-zero carbon emissions, Guy Opperman says.
