Barclays

Jupiter Asset Management has become the latest investor to put pressure on Barclays Bank to phase out the provision of financial services to the fossil fuel sector and utilities that are not aligned with the Paris climate goals.

This week’s top stories included further calls for reforms of the pension freedoms, and prevailing uncertainty over cuts to tax relief on pension contributions.

Nest has demanded Barclays provide a “robust plan” on winding up investments into fossil fuel providers.

A group of 11 pension and investment funds have filed a resolution calling for Barclays to stop offering loans to fossil fuels companies.

Barclays has received final approval for its ring-fencing plans, which controversially involve moving its DB scheme to its investment banking division. Stephanie Baxter considers the judgment

Redington has appointed Natalie Flood and Jonathan Parker as part of wider plans to grow its defined benefit (DC) business.

This week's top stories included the government suggesting it may review the order of creditors in an insolvency event, and Barclays defending plans to move responsibility for its DB scheme to its investment banking arm.

Barclays Bank has defended plans to move its defined benefit (DB) pension scheme to its investment banking arm once it splits in April.

The actuarial funding deficit on Barclays' main defined benefit (DB) scheme has risen to £7.9bn in its September 2016 triennial valuation, following falls in gilt yields.

Ian Scott has joined the Pension Protection Fund (PPF) in a new role as head of investment strategy.