Investment
How NEST is becoming a more sophisticated investor
The master trust is leading the way on DC investment, getting into illiquid assets and challenging asset managers to do more. CIO Mark Fawcett tells Stephanie Baxter about its evolution
NEST rolls out sidecar savings trial
The research unit of NEST has launched its sidecar savings trial and revealed the organisations that will be taking part in the research.
No-deal Brexit regulations to render scheme investments illegal
Proposed draft regulations on pension scheme investment in the event of a no-deal Brexit would see schemes breaching the law from day one.
Transparency campaigner Chris Sier launches pension cost collection facility
A platform to help pension funds collect and analyse cost data, such as transaction costs, has been launched by Chris Sier, who has played an integral role in the fight for transparency.
RPMI re-contracts BNY Mellon for investment services
BNY Mellon has been re-selected by RPMI Railpen to provide core custody and associated investment services, continuing a 22-year relationship.
Cost Transparency Initiative launches as disclosure templates revealed
An industry group has been launched to implement, promote and encourage the use of five cost disclosure templates developed earlier this year.
Exclusive: Blackrock launches multi-asset strategic growth fund
Blackrock has launched a strategic growth fund for defined benefit (DB) and defined contribution (DC) schemes which aims to achieve long-term growth with two-thirds the volatility of equities.
Climate change policy adopted by just 5% of top corporate pension funds
While three quarters of the biggest UK corporate pension funds recognise the potential impact of climate change, only a handful have a specific policy, according to Pinsent Masons research.
Govt blocks mandatory climate risk reporting in 'disappointing' response to EAC proposal
The government has rejected the Environmental Audit Committee's (EAC) proposal to make pension fund climate-related financial disclosures mandatory.
Key Takeaways From PIMCO's Cyclical Outlook: Growing, But Slowing
Our latest Cyclical Outlook highlights the macro trends and market developments that underpin our outlook for 2019: slower growth, but likely no recession.
The DC prosperity illusion and what DB can teach us
Analysis by Cardano finds the increased cost of lifetime inflation-linked retirement income has significantly outstripped investment performance. Stephanie Baxter looks at the findings
EM Debt: Investing in troubled countries
T Rowe Price's Andrew Keirle looks at the three stages of a crisis in emerging markets
Church of England Pensions Board challenges 55 companies on climate lobbying practices
The Church of England Pensions Board has written to 55 European companies on their climate lobbying practices, and has warned of shareholder resolutions later this year.
Budget 2018: FCA to consult on pooling DC funds into patient capital; DWP to consult on charge cap
The Financial Conduct Authority (FCA) will launch a consultation on updating the permitted links framework to allow unit-linked pension funds to invest in an appropriate range of so-called 'patient capital' assets.
Government to ditch PF2 to fund infrastructure projects
The chancellor announced today that the government will stop using the current model of private finance initiative (PFI) to fund the future building of infrastructure in response to concerns.
Budget: Public sector schemes to move to CPIH 'when and where practicable'
The government will gradually adopt a version of the Consumer Prices Index (CPI) which incorporates housing costs for pension funds and index-linked gilts, it confirmed today.
Labour promises 'decent rate of return' from renationalisation plans
Shadow chancellor John McDonnell has pledged that existing pension fund investors in key utilities companies will be granted a long-term "stable return" if the party is able to press ahead with plans for renationalisation.
Fiduciary management tendering could cut fees by 20% - CMA
Tendering for fiduciary management has led to fees being reduced by between 19% and 22%, latest analysis by the Competition and Markets Authority (CMA) finds.
How technology advances are opening the lifetime mortgage market up to scheme investment
Investors in lifetime mortgages have traditionally struggled with a lack of transparency by providers. Keith Haggart explains how this is changing.
Brunel selects M&G and Aberdeen Standard for secured income investments
The £30bn Brunel Pension Partnership has announced it will commit £340m to long-lease property funds for three of its 10 local authority partner funds.
Pensions minister calls for schemes to step up environmental commitments
Pension funds can step up their environmental commitments by ensuring they take full account of climate change in their investment strategies, pensions minister Guy Opperman has said.
Hammond to unveil study on pooling DC funds into patient capital - reports
Chancellor of the Exchequer Philip Hammond is expected to use next Monday's Budget to launch a feasibility study into the use of pensions to fund UK patient capital opportunities.
Nine-tenths of pension fund assets exposed to global warming
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Most schemes have not assessed impact of no-deal Brexit, finds PP research
Only a fifth of respondents in this week's Pensions Buzz say they have started contingency planning for a no-deal Brexit scenario.
