THE TI Group Pension Scheme has transferred £250m of assets to Legal & General in a partial buyout of its pensions in payment.
The annuity deal represents around 20pc of the TI Group Pension Scheme’s assets. The scheme is sponsored by global technology firm Smiths Group. Current and future scheme pensioners will see no change...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.