Investment

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.

A campaign to divest the MPs' Pension Scheme from fossil fuel investments has gained the support of 200 MPs and former MPs across partisan lines.

Nine in 10 FTSE 350 defined benefit (DB) pension schemes could pay off their IAS19 deficit with less than six months of earnings, according to Hymans Robertson.

Significant risk remains in the Pension Protection Fund's (PPF) universe, despite higher funding levels, the lifeboat says as it launches its 2018 Purple Book.

Jonathan Stapleton says now the DWP has given the project the green light to proceed, it is now up to the industry to make sure it happens.

The UK's 5,600 defined benefit (DB) schemes saw their funding positions improve by one percentage point over the course of November, according to JLT Employee Benefits.