Investment

2018 was a testing year for master trust investment performance. Michael Ambery looks at how different strategies fared during a difficult 12 months

The default investment strategy of master trusts is critical to their success. AllianceBernstein’s David Hutchins shares his views of best practice

Professional Pensions takes a look at how the master trust market is evolving in light of the authorisation regime and asks what the future could hold

National financial advisory firm LEBC Group has stopped offering advice on defined benefit transfers after a review from the Financial Conduct Authority (FCA).

Pension experts are urging UK schemes to incorporate social and governance factors into their investments, as research shows European investors do not see the potential long-term returns.

The Local Government Pension Scheme Scheme Advisory Board (SAB) has chosen technology provider Byhiras to develop a platform to ensure that asset managers comply with its cost transparency code.

Fiduciary management is increasing in popularity among larger schemes seeking to overcome governance hurdles, KPMG says.

Pension funds could face a dilemma over their fiduciary duties as falls in gilt yields mean they may have to buy securities that are guaranteed to lose money, according to Cambridge Associates.

Trustees and sponsors of UK defined benefit (DB) schemes should consider diversifying their growth portfolios to protect against the possibility of a market crash, according to Cambridge Associates.