Investment

Buck has launched an investment governance service which aims to help defined benefit (DB) schemes prepare for their endgame.

Over £30bn has been withdrawn from pension pots since Freedom and Choice was introduced in 2015 for those aged over 55, according to latest data from HM Revenue and Customs (HMRC).

The number of defined benefit (DB) schemes will fall in the next decade as superfunds begin to strengthen, pension professionals believe.

Pension schemes face higher liabilities as improvements in mortality rates trend towards their highest level in a decade.

Defined benefit (DB) pension schemes are looking for untraditional ways to build endgame strategies in order to better balance member and employer needs, the Pensions Policy Institute (PPI) has found.

The Association of Member Nominated Trustees (AMNT) has called on the Financial Conduct Authority (FCA) to respond to a complaint it made in May regarding investment stewardship.

British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.

Pension Insurance Corporation (PIC) has boosted its investment in social housing with a £40m further allocation to Soha Housing.

The Financial Reporting Council (FRC) has launched a revised stewardship code – significantly raising its expectations on how money is invested.

In this Q&A, Mike O’Brien, Director of Global Trading, offers his insights into how the trading desk seeks to add alpha to the investment process.