Investment

The Pensions Regulator's (TPR) updated defined benefit (DB) code of practice comes into force today.

BlackRock is working to "repurpose" its range of target date funds and introduce an income drawdown product in response to the liberalisation of defined contribution (DC) regulation.

Defined benefit (DB) trustees should consider increasing the transfer values they offer to members in light of the upcoming liberalisation of defined contribution (DC) regulation, according to Mercer.

The Philips Pension Fund has insured a further £300m of pensioner liabilities following on from a £484m buy-in it completed last year.

The Pension Protection Fund (PPF) has called on pension trustees to assess whether the change in definition of money purchase benefits will impact their valuations.

The London Pension Fund Authority (LPFA) is looking to implement sector-wide covenant checks for colleges and universities, charities and housing associations.

Natasha Browne explores the issues trustees face

Pension funds could have been cheated out of millions of pounds by manipulation of the £3trn foreign exchange (FX) markets, warns Mark Taylor, dean of Warwick Business School.

The Pension Protection Fund (PPF) says it could reduce the levy it collects from schemes after strong asset performance and low levels of claims saw its surplus increase last year.

Retirees could find it difficult to access regulated financial advice when considering defined benefit (DB) to defined contribution (DC) transfers according to Punter Southall.