This week’s top stories included the Universities Superannuation Scheme’s launch of a consultation on its 2020 valuation, while Pension Insurance Corporation Group’s adjusted profits fell by nearly three-quarters.
The Universities Superannuation Scheme has launched a consultation on its 2020 valuation and ‘technical provisions' laying out options to reduce its expanding deficit.
Pension Insurance Corporation Group secured £3.5bn of defined benefit scheme liabilities throughout the first half of the year, although adjusted profits fell by nearly three-quarters.
The Pensions Management Institute has reported itself to the Information Commissioner's Office following a cyber-attack which resulted in hackers gaining access to the names and email addresses of around 1,700 people.
The Civil Aviation Authority Pension Scheme has appointed BlackRock to run a £4bn fiduciary mandate for its growth portfolios.
Trustees need to be given the choice to directly refuse pension transfers if the industry is to properly plug the proliferation of scams, the Work and Pensions Committee has been told.
The Railways Pension Scheme has warned The Pensions Regulator (TPR) that its proposals to revise the defined benefit (DB) funding code could lead to a £15bn deficit in the scheme as it is forced to switch lower-risk but lower-returning assets, the FT...
Offerings from Aegon, Aviva, and Scottish Widows have taken the crown in the Financial Technology Research Centre’s (FTRC) annual workplace pensions and auto-enrolment (AE) ratings.
Lane Clark and Peacock (LCP) has urged the government to “look again” at the idea of ‘pot follows member’ to fix the burgeoning number of small pension pots getting lost.
Law firm Walker Morris has expanded its pensions team with the appointment of Liz Graham as partner.
Hymans Robertson has appointed Simon Mortimer as chief digital officer (CDO) - a new role created in a bid to enhance its digital impact.