Investment
PIC invests £250m in City of London Corporation
Pension Insurance Corporation (PIC) has invested £250m in debt issued by the City of London Corporation for a series of development projects in the capital.
FTSE 350 DB spending drops £4bn in largest year-on-year fall in a decade
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
Adapting pension fund portfolios to match ESG expectations
Most asset classes have a long way to go on meeting sustainability targets and the pressure to be environmentally compliant is increasing. Hope William-Smith reports
Exclusive: IC Select launches service to measure impact and quality of investment advice
IC Select has launched an oversight service to empower trustees to challenge the quality and success of their investment advisers.
Exclusive: Evolve Pensions overhauls online offering with additional tools and access
Evolve Pensions has launched a new member website called Evolink for its Crystal master trust, which includes additional online functionality to its previous system.
Climate action from transport firms 'not fast enough', say pension funds
Pension funds have expressed concerns that the transport industry is lagging behind on helping to tackle climate change in line with international expectations.
DB trustees urged to engage with advisers to avoid 'reputational damage'
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
Industry Voice: QMA's outlook and review for the final quarter of 2019
QMA’s Global Multi-Asset Solutions Group shares their global economic and investment outlook for the fourth quarter of 2019.
Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals
Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.
Metropolitan Thames Valley to open DC arrangement and appoint master trust
Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).
Master trusts liable for quarter of general levy costs despite holding only 2% of funds
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
UK Power Networks appoints BlackRock for £4bn fiduciary brief
BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme (ESPS).
PIC invests £195m in Glasgow city properties
Pensions Insurance Corporation (PIC) has invested £195m of debt finance in Glasgow City Council Group subsidiary, City Property Glasgow.
Investments: the poor cousin
Trustees need to increase their focus on investments and demand more from their advisers, argues Donny Hay.
Average DB scheme able to meet 94% of benefits
A typical defined benefit (DB) scheme was able to meet 93.7% of its accrued pension rights as of 30 September this year, according to Legal & General Investment Management (LGIM).
RPMI Railpen acquires Scottish windfarm
RPMI Railpen has made a direct investment into an Ayrshire-based windfarm currently under construction.
Is it time to ditch CDI for RDI?
Return-driven investment strategies can deliver a better match for scheme-specific return targets via a more diversified and liquid portfolio, argues Gavin Orpin.
Industry Voice: QMA looks at capital market assumptions for the final quarter of 2019
QMA’s Global Multi-Asset Solutions Group shares their ten-year capital market assumptions for the fourth quarter of 2019.
Border to Coast Pensions launches private markets offerings
The £46bn Border to Coast Pensions Partnership has launched its private credit offering and announced its initial investments in private equity and infrastructure.
Mobius Life launches specialist alternative fund range
Mobius Life has launched a specialist fund range in a bid to make alternative investment strategies available to more defined benefit (DB) schemes.
How the Public Sector Social Impact Fund will assist schemes with secure investments
Seven local authorities have already committed to investing in a fund designed to help pension funds source social investments. Holly Roach reports
Industry Voice Video: The hidden side of supply chains
Over the last two years, we have been engaging with companies about the presence of child labour in the cobalt supply chain.
The People's Pension delays plans to cut fees for 4.7 million members
The People’s Pension’s (TPP) plans to overhaul its charging structure have been delayed following system testing issues.
