Five stories you might have missed: LGPS merger; survivor benefit appeal; Tesco deficit
Top stories on the site this week include plans to merge the LGPS into six 'wealth funds', a legal challenge to make schemes equalise death benefits for same-sex couples, and a growing deficit at Tesco.
1. Osborne to force LGPS into six ‘wealth funds' to invest in UK infrastructure The Local Government Pension Scheme's 89 funds will be pooled into six British wealth funds to invest billions in infrastructure,...
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Five stories you may have missed this week
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
Sole trustees will want to shout about our code
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Exclusive: APPT sets out sole trusteeship code
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
CMI: Mortality remains in line with pre-pandemic trends
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
ITN Pension Scheme renews fiduciary appointment with Aon
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.
