The economic crisis provoked by Covid-19 led to a 5.1 percentage point fall in the average defined benefit (DB) funding position in the first three months of 2020, according to Legal & General Investment Management (LGIM).
Partner Insight: Diversification, a stable source of cash flow and expected returns in excess of expected defaults are among the benefits, says Martin Reeves, Head of Global High Yield at LGIM
Partner Insight: The search for yield and the need for greater governance are driving this trend, writes Jonathan Joiner, Senior Solutions Strategy Manager at LGIM
Here they are - the winners of the UK Pensions Awards 2018...
This week's top stories include BT seeking to switch indexation for the final section of its scheme, and Labour calling for collective defined contribution schemes.
Legal and General (L&G) has appointed Daniel Godfrey to its independent governance committee (IGC) and Moira Beckwith to its master trust board.
Experts have called for improvements surrounding pension communications, on the UK's third annual Pension Awareness Day.
Boots Pension Scheme has invested in Legal & General Investment Management's (LGIM) newly-launched multi-factor global equity fund.
Some of the country's largest pension schemes have joined a £6.1trn investor coalition urging firms to reveal more information about workforce management.
Legal & General Investment Management (LGIM) has signed up to the code of transparency created for the Local Government Pension Scheme (LGPS), bringing the total number of signatories to five.