This week’s top stories included the Marks and Spencer Pension Scheme completing two buy-ins, while the Work and Pensions Committee submitted an amendment to the Pension Schemes Bill.
The Marks and Spencer Pension Scheme has completed two buy-ins with Aviva and Phoenix, insuring a total £750m of benefits.
Work and Pensions Committee chairman Stephen Timms has submitted an amendment to the Pension Schemes Bill aiming to increase the use of pension guidance.
Buck has announced its acquisition of pensions and employee benefits communications firm Concert Consulting in a bid to expand its member engagement offering.
Trustees need to address two urgent priorities in order to "unlock real ESG action" in UK pensions, Willis Towers Watson says.
The BHS Senior Management Scheme has agreed a £2.5m buy-in with Legal & General Assurance Society, securing benefits outside of the Pension Protection Fund.
Have your say: Should trustees be held accountable for the security of data and assets in the event of a cyber attack?
In this week's Pensions Buzz, we want to know if you agree that trustees be held accountable for the security of data and assets in the event of a cyber attack.
More than four in five employers oppose the implementation of multiple pensions dashboards and any that do not include state pensions, the Association of Consulting Actuaries (ACA) says.
Half of scheme representatives agree fiduciary duty hinders trustees in addressing climate change, finds XPS
Half of scheme representatives believe the current fiduciary duty of trustees hinders them in their ability to address climate change, according to a poll by XPS Pensions Group.
PMI president Lesley Alexander and the institute's immediate past-president Lesley Carline talk about the challenges of Covid-19 and the opportunities and challenges the industry faces in the future.
The Pensions Administration Standards Association (PASA) has announced global consultant Deloitte as its expert knowledge provider for data.