This week’s top stories included UBS’ completion of a £1.4bn longevity swap with Zurich and Canada Life, while chancellor Rishi Sunak announced the government’s Kickstart Scheme as part of provisions outlined in the Summer Statement.
The UBS (UK) Pension and Life Assurance Scheme has hedged the longevity risk of around half its defined benefit (DB) liabilities through a £1.4bn longevity swap completed with Zurich and Canada Life Reinsurance.
Aviva has launched a defined contribution (DC) default investment strategy for its workplace pension clients, incorporating ethical and ESG considerations.
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
As the economy moves towards low-carbon alternatives, how do pension funds put pressure on those companies failing to keep pace? James Phillips explores
The National Employment Savings Trust (NEST) has partnered with UBS to reduce its default fund's exposure to climate change risk, while attempting to influence corporate change.
High-net worth savers will increasingly seek advice on transferring their defined benefit (DB) pots over the next 12 months, according to UBS.
A paper from UBS Asset Management provides further evidence that lower interest rates will persist much longer than first thought. Helen Morrissey looks at how this affects schemes.
Ian Barnes looks at how schemes can tackle cash flow negativity
At the time of writing this we had just heard how four banks pled guilty to conspiring to fix prices and rig bids in the foreign exchange (FX) market. Helen Morrissey asks if the fines levied are enough to bring much needed change.
Pension Insurance Corporation (PIC) has appointed Rob Groves as chief investment officer (CIO).
Many predicted the great rotation from bonds to equities would happen in 2014 but we have yet to see it. Daniel Rudis looks at the likelihood of it happening in 2015.
The National Employment Savings Trust (NEST) has added two emerging market alternative index funds to the seven "building blocks" of its default target date fund.
Goldman Sachs has put a majority stake of its UK bulk annuity insurance business up for sale.
Broadstone has bought the corporate pensions business of UBS Wealth Management for an undisclosed sum.
Seven leading global banks, including Barclays, RBS and HSBC, have been issued with subpoenas by the state of New York over the alleged rigging of LIBOR.
Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.
Sponsors will be forced to support schemes for the next five to ten years because the relationship between risk-free assets and inflation is "broken", UBS says.
Hannah Brenton investigates whether shareholders’ newfound voice will peter out or flourish under defined contribution.
UBS has launched a discounted exchange-traded fund share class for institutional investors as part of its listing of 66 products on the London Stock Exchange today.
UBS and Nomura have followed Credit Suisse in pulling out of the longevity swap market, citing capital requirements and regulatory changes, PP understands.
Listen to our latest Pensions Conjecture debate on Property Investment.
Sion Cole, executive director at UBS Global Asset Management, discusses the spectrum of active fixed income strategies available.
UK - Barnett Waddingham has been chosen by investment bank UBS to provide administration and actuarial oversight services for its longevity swaps service.