Industry

More than half (55%) of the pensions industry is dissatisfied with the direction of pensions policy going into 2020, according to research from the Pensions Management Institute (PMI).

The Pensions Administration Standards Association (PASA) has published a research report and white paper urging the industry to work together to stop automation being derailed by poor quality data.

Royal London has signed up to the United Nations’ Principles for Responsible Investment (PRI) as part of a streamlined ESG focus.

The Pensions Management Institute (PMI) has launched a mentoring and development programme, which it will deliver in conjunction with the Institute of Leadership and Management (ILM).

The Pension Protection Fund (PPF) has secured the benefits of 4,000 members of the Carillion Rail Pension Scheme after it became the 1,000th scheme to transfer to the lifeboat fund.

Five dates in January have been set for meetings to look at reforming the Universities Superannuation Scheme (USS) with the Universities and College Union (UCU) and Universities UK (UUK).

The industry is urging the government to prioritise combatting pension scams in 2020, according to research by the Society of Pension Professionals (SPP).

Octopus Group clean energy investments arm Octopus Renewables has won a new UK corporate pension mandate with the National Grid UK Pension Scheme to invest £185m in national solar and onshore wind assets.