Investment

A victory for trustees in a landmark High Court battle would result in employers being scared to agree to recovery plans, the lawyer for British Airways (BA) has argued.

The Environment Agency Pension Fund (EAPF) has made a £60m allocation to private debt fund Permira Credit Solutions III as it looks to capitalise on banks' withdrawal from lending.

International Accounting Standards Board chairman, Hans Hoogervorst, has said arguments to change the accounting standard are "flawed" as it should reflect the economic reality, no matter how ugly.

UK pension schemes' average allocation to bonds has risen to over 50% for the first time according to The Pension Protection Fund's (PPF's) Purple Book.

Tata Steel UK has agreed with unions to start consulting on closing the British Steel Pension Scheme (BSPS) and replacing it with a "competitive" defined contribution (DC) arrangement.

Private sector defined benefit (DB) schemes have seen a significant increase in running costs per member since 2015, according to the Pensions and Lifetime Savings Association's annual survey.

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.

Research conducted since the Brexit vote shows schemes are very concerned about nationalism sweeping the continent. Michael Klimes explores how they can tackle these risks.

KPMG's 2016 fiduciary management survey reveals more schemes are seeking independent advice but raises concerns about increasing hedging levels as the sector continues to expand. Stephanie Baxter reports.

Members of the Universities Superannuation Scheme (USS) have relaunched their campaign pressing trustees to ditch weapon investments, arguing they need a "pension to be proud of".