Scotland mulls merging or pooling LGPS funds
The Scheme Advisory Board for Scotland's £42bn 11 local authority funds has proposed merging their liabilities, assets and administration into one or more asset vehicles as part of a major structural review.
It is one of four proposals the board is consulting on after finding the Scottish Local Government Pension Fund faces a number of "significant challenges" including deficits, investment costs, and volatile...
More on Law and Regulation
Schemes must meet three gateway principles for superfund transfers
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
UK dividends suffer 49% fall in Q3
Lowest Q3 payout since 2010
Industry Voice: Secular Outlook Takeaways - Escalating Disruption
The COVID shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
Market Movers Blog: EU's first social bond offering sees €233bn of orders
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
EXCLUSIVE - Guy Opperman: Why we are consigning dozen-page pension statements to the dustbin
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
