Willis Towers Watson's LifeSight is the first defined contribution (DC) master trust to allocate around half of equity investments in the default fund to environmental, social and governance (ESG) strategies.
The ESG allocation, which will be made by the end of this quarter, will be split between two strategies: the MSCI Adaptive Capped ESG Universal Index - which invests in both developed and emerging markets...
A number of regulatory and economic factors including a tougher line on scheme funding from The Pensions Regulator (TPR) means interest in the use of contingent strategies will grow, Lane Clark & Peacock (LCP) finds.
The true level of flexibility for defined benefit (DB) schemes that take the ‘bespoke’ option laid out in the proposed DB funding code needs further clarification, the industry has said.
Coats Group has agreed with its UK pension trustees to defer the payment of its remaining deficit recovery contributions (DRCs) for 2020.
Defined benefit (DB) transfer values continued to increase to yet another record high during July but the number of people opting to exit final salary schemes remains steady, according to XPS Transfer Watch.
Over a third of defined benefit (DB) schemes with valuations between September 2017 and September 2018 were in surplus, according to data from The Pensions Regulator (TPR).