Yesterday's increase in the Bank of England's (BoE) base rate will not have an immediate significant impact on defined benefit (DB) scheme funding but schemes should reconsider their investment allocation, industry commentators have said.
The increase of the base rate from 0.5% to 0.75% had been widely expected and was therefore priced in by the market, including by DB sponsors, but further rate rises from a "hawkish" monetary policy committee...
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Manifest-Minerva's Thomas Bolger takes a look at key issues at upcoming AGMs, focusing this month on the rise of shareholder dissent.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
More than half of workers want to be notified by their pension provider if their savings are unknowingly being used for investments in fossil fuels.
Local authority funds must use lessons from the past to continue delivering into the future, says James Stoddart