Investment

The Border to Coast Pensions Partnership is up and running after transferring around £7bn of UK and overseas developed equities from three of its stakeholder pension funds.

BT has slashed its pension liabilities by £1.8bn in three months through deficit recovery contributions (DRCs) and a change to the scheme's discount rate.

The Financial Reporting Council (FRC) has found weaknesses in nearly half of the audit work relating to pension valuations and disclosures it inspected over the past financial year.

Pension Insurance Corporation (PIC) has invested £150m in debt issued by Heathrow Airport.

The trustees of the Universities Superannuation Scheme (USS) have proposed raising total contributions by 41% by April 2020.

The popularity of DB transfers shows no sign of slowing. Charlotte Moore looks at how schemes can adapt their investment strategy to meet this demand

The trustee board of the Plumbing and Mechanical Services (UK) Industry Pension Scheme has launched a consultation with sponsoring employers on closing the scheme to future accrual.

Jim Lydotes of BNY Mellon Asset Management North America looks at the next generation of cities and what it means for infrastructure investing.

The DC market has been slower to adopt real assets and other potential diversifiers. Marc Haynes looks at why this needs to change

The Brunel Pension Partnership has transitioned £6bn of local government pension scheme (LGPS) assets to Legal & General Investment Management (LGIM).