More than half of BlackRock’s flagship UK defined contribution (DC) default fund’s assets will be invested in ESG strategies by June 2021.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
Professional Pensions spoke to BNP Paribas Asset Management head of sales Philip Dawes as part of an exclusive series of interviews with some of the finalists and winners of the UK Pensions Awards. This is what he had to say…
Available on demand... Louise Sivyer and Michelle Cracknell among the speakers at PP's DeskFlix event on the Future of DC
The latest virtual event in PP’s DeskFlix series took place on 7 July
The economic uncertainty generated by Covid-19 is likely to cause a large number of defined contribution (DC) schemes to move into master trusts, according to PP readers.
The UK’s system of pensions tax relief needs to be overhauled to make it fairer to the lower paid and younger savers, the Association of British Insurers (ABI) says.
The Pensions and Lifetime Savings Association (PLSA) has published a drafting template to help defined contribution (DC) scheme trustees produce their annual chair’s statements.
Multi-national companies must consider complex methods for scheme funding including increased flexibility on retirement benefits, Aon says.
Defined contribution (DC) pensions are showing positive signs of market recovery after dramatic falls in the number of expected retirements this year due to the ongoing coronavirus pandemic.
As the DWP’s consultation on simpler annual benefit statements closes, Holly Roach looks at the industry’s response.
Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).
The Pensions Administration Standards Association (PASA) has published its first batch of guidance on defined contribution (DC) master trust transition, as further consolidation is expected.
LCP’s Ella Purkiss was the winner of the PMI's second student essay competition. In her paper, she sets out her ideas as to what the industry can learn from other sectors when designing and delivering the pensions dashboard.
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
The Combined Nuclear Pension Plan (CNPP) has dropped Hymans Robertson as an investment adviser for its defined contribution (DC) master trust and appointed Redington as a replacement.
Most of this week's 94 Pensions Buzz respondents agreed the bill is good for pensions if it gets through parliament.
Estimates of the amount of money needed for a ‘modest’ retirement can vary by up to £500,000, according to research from Aon.
The Telegraph Media Group has moved its employees to the Fidelity Master Trust after the trustees conducted a “comprehensive review” of its pension arrangements, PP has learned.
From October, trustees need to show how they are factoring ESG issues into investment decisions. Holly Roach explores why the changes may not be radical but could boost member engagement.
Defined contribution (DC) members in the default could see a 7% to 12% increase in total retirement savings by having investments in venture capital and growth equity, research shows.
An agreed definition of value for money would make it easier for members to compare pensions, but it could be difficult as schemes are so different, writes Kim Kaveh.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
The Pensions Regulator (TPR) has launched a pilot to ensure single-employer defined contribution (DC) schemes are meeting their legal obligations and properly governing default arrangements.