Just weeks until EU variation margin rules come into force for physical FX forwards, regulators have said schemes will probably not have to comply after all. This creates a lot of uncertainty, writes Stephanie Baxter
Pension funds have been getting ready for new rules requiring them to post variation margin (VM) on physically-settled foreign exchange (FX) forwards, which they commonly use to hedge currency risk. ...
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.