Investment

Mitigating the impact of central clearing

Pension schemes have been urged not to rely too much on models when assessing the probability of extreme events affecting portfolios.

Pension funds need to consider alternative approaches before deciding to divest from areas such as fossil fuels according to three major schemes.

JLT Employee Benefits has appointed Phil Wadsworth as chief actuary to replace outgoing Hugh Nolan who has left the company.

Prudential has seen a 46% fall in individual annuity sales during 2015 following the introduction of the April pension freedoms.

The Pensions and Lifetime Savings Association (PLSA) has launched a taskforce to tackle the problems faced by defined benefit (DB) schemes.

The Pensions Infrastructure Platform (PIP) has launched a multi-strategy fund with a target size of £1bn to allow schemes to invest directly in infrastructure.

The number of funds that consider environmental, social and governance (ESG) issues when they make investment decisions is small according to MSCI research.

Total funding levels of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have continued to fall against a backdrop of market volatility and falling gilt yields.

A group of pension fund managers have warned incoming bank capital rules could shut schemes out of derivatives or force them to sell long-term assets to generate cash.