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...
A Merseyside pre-school nursery and its director have been ordered to pay £8,200 after admitting failing to enrol members of staff into a workplace pension scheme.
The BT Pension Scheme (BSPS) has awarded a $1bn (£777bn) private equity mandate to Hermes GPE, to invest globally.
Warrington Borough Council and Altana Wealth have set up a Public Sector Social Impact Fund to offer pension funds secure social investment opportunities.
There are a wide range of possible life expectancy disruptors. PwC's Paul Kitson looks at how one of these, wearables, could impact schemes.
In 2018 we wrote a letter, supported by 60 asset managers and owners, urging the oil industry to take more action on climate change. What was the outcome?