General Motors has agreed a £53m bulk purchase annuity transaction with Aviva for the Vauxhall Associated Companies Pension Fund (VACPF).
The Department for Work and Pensions (DWP) is seeking views on how trustees understand the role of social factors in pension scheme ESG policies.
Pension providers need to tackle rampant ‘pension apathy’ by allowing savers to have a greater say in how their investment is used to tackle issues of concern such as climate change, Aviva says.
The Civil Aviation Authority (CAA) and Sydney Packett & Sons have agreed bulk annuity deals for their pension schemes with Legal & General (L&G) respectively.
Professional Pensions rounds up some of the latest research from across the industry for International Women’s Day 2021.
Aviva secured record net flows of £8.5bn into its saving and retirement products in 2020, while bundled workplace assets under management grew by 14% to £81bn, its annual results reveal.
Aviva has pledged to have net-zero carbon emissions across all of its investments by 2040.
A pension benchmark for future living standards is necessary and feasible if enough attention is given to formulating an accreditation that will work for both employers and employees, the Resolution Foundation says.
The National Grid UK Pension Scheme has completed an £800m buy-in with Rothesay, its second bulk annuity transaction with the insurer.
The pensions industry still trails behind others with its use of technology, writes Holly Roach.