News

Hertfordshire County Council was ordered to pay a co-habitee's pension after it failed to inform a member about proper nomination procedures.

The £60,000 contribution notice issued in the Bonas case is an "enormous climb down" by The Pensions Regulator, a lawyer says.

Changes to IAS19 will have a "limited" effect on investor attitudes but are likely to accelerate investment de-risking strategies, consultants say.

Scheme sponsors are expected to take advantage of "enhanced buy-ins" to significantly reduce the cost of buy-ins, industry figures say.

Legal & General Investments has launched an environmental fund aimed at institutional investors to tap into companies providing low carbon technologies.

Trustees should pay greater attention to behavioural biases to make better group decisions, delegates heard.

Onerous pension accounting and regulatory standards could be driving funds to take a shorter-term view on investments, undercutting responsible ownership, delegates heard.

One in five local government schemes operate with negative cash flows and future contribution reductions could push that figure to half, PP can reveal.

Pension schemes should outsource investment implementation to third-party firms to stop trustees focusing too heavily on manager "beauty parades", a trustee says.

UK pension fund demand for inflation caps in the options market is so low experts say a "catalyst" is needed to level out the market.