News

The AgustaWestland UK Pension Scheme has appointed P-Solve as fiduciary manager to run £800m of assets and a liability risk overlay.

Major UK pension schemes have warned European Commissioner Michel Barnier key audit reforms are being watered down after an intense lobbying push from large audit firms.

Auto-enrolment will bring more than half a million more people into workplace pensions by Christmas, according to the Department for Work and Pensions.

A universal flat-rate state pension will be delivered early next parliament but concerns over the transition of benefits are still being ironed out, Steve Webb has said.

The Parliamentary Contributory Pension Fund is coming under pressure from ethical investment campaigners to sign up to the UK Stewardship Code.

Seven UK pension schemes have given the Treasury written confirmation that they will fund start-up costs for the Pensions Infrastructure Platform.

The government is considering a separate regulatory regime for defined ambition schemes, Steve Webb has said.

Just over half of trustees are confused by complex investment vehicles, adversely affecting their decision-making abilities, exclusive PP research reveals.

Industry bodies have provided the Department for Work and Pensions with a list of hurdles to the pot-follows-member system of automatic transfers for small pensions.

Major consultants are advocating ‘multi-asset credit' strategies within pension scheme bond portfolios, which include active allocations across sub-investment grade debt.