Investment

The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.

The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.

BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".

The Financial Reporting Council (FRC) has published a code for the corporate governance of large private companies in a bid to help them meet incoming legal requirements.

Industry Voice: Figuring out whether your money is funding issuers that are effective stewards of their corporations, society and the environment starts with asking your asset managers pointed questions about how they incorporate environmental, social...

Work and Pensions Committee (WPC) chairman Frank Field has pressed The Pensions Regulator (TPR) to promptly announce if it will take any action on Johnston Press.

The Pensions and Lifetime Savings Association (PLSA) has launched a guide for trustees on investing in patient capital and other illiquid investments.

The London Borough of Tower Hamlets Pension Fund has purchased protection for around £700m of equities in the run-up to its March 2019 triennial valuation.

Transport company Stagecoach has estimated it will need to pay £24.2m to equalise guaranteed minimum pensions (GMPs) for members of its defined benefit (DB) scheme.

MJ Hudson has acquired Amaces, a data and analytics firm which provides tools and consulting services to help institutional investors benchmark and monitor the cost and quality of the investor services they receive from their custodian banks.