This week’s top stories included the selection of BlackRock as fiduciary manager for the £4bn legacy Electricity Supply Pension Scheme.
Also, National Grid sealed its second buy-in deal of the year, and The People's Pension confirmed technical issues were holding back fee cuts for members.
BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme.
The National Grid UK Pension Scheme has agreed its second buy-in this year, transferring £1.6bn of pension risk to Legal & General.
The People's Pension's plans to overhaul its charging structure have been delayed following system testing issues.
The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said.
The Pensions Regulator has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
This year’s election marks the seventh time I have been able to cast my vote at a general election but I can honestly say it is the one I am looking forward to least. I can hardly wait until it is all over.
The DCIF has published a report looking into how providers and members are responding to Freedom and Choice nearly five years on. Kim Kaveh explores the findings.
Professional Pensions is holding its ESG Focus on 3 December.
People who have left risks unmanaged will be rewarded under the government’s proposals to reform the Retail Prices Index (RPI) while those in well-risk-managed schemes could lose out, says Barnett Waddingham.
XPS Pensions has published interim results for the half year ending 30 September, posting total revenue of £56.3m and pre-tax profits of £4.4m.