Mark Carney
Government consults on proposals to force largest schemes to publish climate risk disclosures
The government has put forward proposals to require the 100 largest occupational pension schemes – those with £5bn or more in assets and all authorised master trusts – to publish climate risk disclosures by the end of 2022.
Comic relief founder launches campaign to shift £3trn of pension assets into sustainable investments
Film producer Richard Curtis - also co-founder of Comic Relief - has launched a campaign to help make the UK’s £3trn of pension assets more sustainable and ensure it is invested in building a better world after the coronavirus pandemic.
Unknown territory: Pensions impacts of negative yields and interest rates
Nigel Sillis looks at how UK pension schemes could fare in a market environment with negative yields and interest rates.
FCA appoints Christopher Woolard as interim chief executive
The Financial Conduct Authority (FCA) has appointed Christopher Woolard has interim chief executive following advice from HM Treasury.
Charles Counsell: 2020 will be a year of positive change
Changes are afoot in the pensions regulatory landscape in a bid to boost both security and outcomes for members. Charles Counsell reveals what you can expect from the regulator this year.
Mark Carney issues climate change warning to schemes
Mark Carney says the financial sector must take more urgent action on climate change.
FCA's Bailey confirmed as Carney successor at BoE
Financial Conduct Authority (FCA) chief executive Andrew Bailey has been confirmed as the next Governor of the Bank of England (BoE).
Interest rates held ahead of general election
The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
'The reliable boyfriend delivers': Bank of England unanimously votes to raise rates
The Bank of England's (BoE) Monetary Policy Committee (MPC) has unanimously voted to increase interest rates by 25 basis points to 0.75%, the highest level in almost a decade.
Doubts over rate rise this year as inflation hits fresh one-year low
UK consumer price inflation fell 0.1 percentage points in April to 2.4%, a fresh one-year low and missing economists' expectations of inflation remaining at 2.5%.
BoE's Carney: May rate hike not a done deal
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
How wide is the gender pay gap in pensions firms?
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
How will the rate rise affect DB pension funds?
The Bank of England has raised rates for the first time in 10 years on a gradual path towards normalisation. Stephanie Baxter explores whether this will give schemes a reprieve from low yields
Bank of England raises rates for first time in over a decade to 0.5%
Follows rising inflation and GDP
BoE interest rate decision - 'Market has got ahead of itself'
90% chance of rate hike priced in
Ignoring hidden charges is 'easy' and 'profitable'
It is "easy" and "profitable" for the fund management industry to ignore the problem of excessive hidden charges says David Pitt-Watson.
DB deficits shrink by £43bn in February
Total funding levels of defined benefit (DB) pension schemes have improved since January despite volatile markets and low interest rates, according to JLT Employee Benefits.
Low interest rates and oil prices challenge DB funding levels
Defined benefit (DB) schemes have not had a good start to the year with falling oil prices and low interest rates according to JLT Employee Benefits.
How can schemes interpret BoE's inflation report?
Recent announcements from the Bank of England show a more cautious outlook for inflation. Helen Morrissey asks what this means for schemes.
Five stories you might have missed: Newham SPV, deficits could rise 20-fold
Top stories on PP online this week include Mark Carney warning fund giants and potentially higher FTSE 350 DB deficits.
Carney tells fund giants to prepare for sell-off as rate rise looms
Bank of England governor Mark Carney has been speaking to the largest fund management houses about how prepared they are for a mass sell-off that could follow an interest rate rise.
Sterling slides as BoE points to mid-2016 rate hike; Inflation 'to return to target' in 2017
Sterling has fallen after the Bank of England downgraded its growth forecasts for the UK economy while indicating it could start to raise interest rates in mid-2016.
Are falling prices a risk to pension schemes?
Natasha Browne examines the likelihood of negative inflation and the consequences for pension schemes.
UK inflation falls to 15-year low
UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.
