News

The UK Sustainable Finance and Investment Association will call on employers to help their pension funds support the UK Stewardship Code at the launch of its biennial pensions report.

The number of workers planning to retire between the ages of 66 and 70 has doubled to one-in-ten since last year, research shows.

Mercer has expanded its Scottish consulting team with a new partner in its retirement, risk and finance business.

Pension schemes are looking to increase allocations to private equity but demand greater transparency, reporting and risk management from providers, a report suggests.

Trustees of the ITB closed pension fund have entered into a £152.7m buy-in agreement with Pension Insurance Corporation covering 1,662 members.

Wood Mackenzie has overhauled its flexible benefits package and switched providers to Bluefin.

UK - Pension schemes are being urged to ensure their fund managers have put in protective claims with HMRC for the recovery of VAT potentially "erroneously" overcharged over the last four years.

US - The number of smaller US pension plans investing in alternatives is on the rise but overall portfolio allocations are falling, research from SEI shows.

NETHERLANDS - Dutch asset manager Robeco's heavy emphasis on growing its institutional business has paid off with nearly half of the €4.9bn ($7bn) inflows seen in the first half of the year coming from institutional mandates, CEO Roderick Munsters said....

NEW ZEALAND - The New Zealand superannuation fund is defending against Green Party claims saying it invests in companies manufacturing cluster bombs.