Investment

Returns from private equity investments turned negative in the third quarter last year, marking an abrupt end to a 12-quarter streak of positive returns, according to State Street.

The Communication Workers Union (CWU) has attacked plans from the Post Office to close its defined benefit (DB) scheme to future accrual on 31 August.

Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.

IC Select has beefed up its stewardship service to help trustees monitor their fiduciary managers and run their schemes.

Just 13% of employers have reviewed their pension offerings since the April freedoms as most companies are still struggling to understand the implications, according to research.

Changes to pension tax relief in recent years have already caused schemes to lose members on higher incomes, according to research from the Association of Consulting Actuaries (ACA).

Some of UK's largest pension schemes and fund managers have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks.

Hackney Council's pension fund committee has agreed to endorse a series of recommendations on dealing with fossil fuel and climate change issues after facing mounting pressure from a campaign group.

Defined benefit (DB) schemes have not had a good start to the year with falling oil prices and low interest rates according to JLT Employee Benefits.

PP looks at the implications of any shift to flat-rate pension tax relief.