Royal London
Sentiment towards UK equities remains negative in September with £1.4bn outflows
Latest Morningstar monthly flow figures
Justin Corliss: Making the case for partial DB transfers
Half-way house
LV= in exclusive talks with private equity firm Bain Capital over sale
After speculation gained traction over the weekend, LV= has revealed it is in exclusive talks with Bain Capital over the sale of its remaining pensions and insurance business.
Royal London eyes LV= deal - reports
Royal London is eyeing a takeover of LV= that could value the group at around £500m, according to reports.
Aegon, Aviva, and Scottish Widows top 2020 workplace pension solutions and AE ratings
Offerings from Aegon, Aviva, and Scottish Widows have taken the crown in the Financial Technology Research Centre’s (FTRC) annual workplace pensions and auto-enrolment (AE) ratings.
L&G, Willis Towers Watson and USS unite behind black graduate intern programme
More than 80 major fund management firms will come together to offer a range of investment internships to black graduates.
How to meet AE duties for furloughed workers
While furloughed workers are still entitled to pension contributions, Justin Corliss says employers must consider the impact of Covid-19 on their duties.
Should the UK's lowest-paid workers be auto-enrolled in pensions?
Jon Dean looks at whether the AE system can be adapted to meet low earners’ needs and lower financial resilience.
Time for better scam protection in law
Trustees face increasingly difficult issues around handling suspected pension scams. Matthew Swynnerton looks at how the Pension Schemes Bill might help.
Royal London IGC investment rating smashes 2019 targets
Royal London’s independent governance committee (IGC) report revealed investment performance for all workplace pension customers in 2019 was above its target.
BlackRock tracker takes bulk of £1.3bn sustainable allocations
Sustainable investments attracted a large volume of assets at the start of the year, with net £1.3bn invested, over half of which went into a low carbon equity tracker managed by BlackRock according to the Morningstar Direct Fund Flows Commentary for...
Guy Opperman reappointed as pensions minister following cabinet reshuffle
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
Ill-health early retirees fined for breaching pension tax relief limits
Savers who take an early retirement after becoming ill or sustaining severe injury are being increasingly harshly penalised for breaching pension tax relief limits, according to Royal London.
MSCI publishes Principles of Sustainable Investing
MSCI is calling for all investors globally to more readily integrate ESG considerations throughout their investment processes to contribute to “an effective balanced transition towards a sustainable economy”.
Border to Coast signs UN-backed Principles for Responsible Investment
Border to Coast Pensions Partnership has become a signatory of the United Nations supported Principles for Responsible Investment (PRI).
Five stories you may have missed this week
This week’s top stories include reports of HM Treasury’s plans to give higher tax relief to those earning over £110,000, and Sir Steve Webb’s move from Royal London to Lane Clark and Peacock.
Sir Steve Webb to join LCP
Sir Steve Webb will join Lane Clark and Peacock (LCP) as a partner, leaving Royal London where he is currently director of policy.
Royal London signs UN Responsible Investment agreement
Royal London has signed up to the United Nations’ Principles for Responsible Investment (PRI) as part of a streamlined ESG focus.
Simpler annual benefit statement proposals get positive response from industry
As the DWP’s consultation on simpler annual benefit statements closes, Holly Roach looks at the industry’s response.
Government reintroduces pension schemes bill in Queen's Speech
The government will reintroduce the pension schemes bill as part of an “ambitious programme of domestic reform”, the Queen’s Speech confirmed today.
DB trustees urged to engage with advisers to avoid 'reputational damage'
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
Govt in 'quick fix' move to pay NHS workers' pension tax bills
The government is to pay the tax bills of NHS workers caught out by changes to pension contribution limits who have been turning down additional work for fear of running up large tax bills.
Why aren't general election campaigns about pensions?
Pensions are too complex an issue to discuss on the general election campaign trail. Steve Webb says this is probably a good thing.
