News

Barclays has seen its UK pension scheme deficit drop by more than half in the last six months to £1.2bn.

US - Pacific Life Insurance Company has acquired JPMorgan Chase's Pension Advisory Group for an undisclosed sum.

Professional Pensions has a limited number of complimentary seats available for this year's Pension Scheme of the Year Awards for scheme representatives.

Capita Hartshead Actuarial and Consultancy Services has created a new position of consulting director in response to the needs of its growing client base.

JAPAN - Mercer is considering launching its implemented consulting service in the Japanese institutional market.

The aggregate pension deficit for the UK's biggest companies dropped by 63% in the last year thanks to shifting indexation measures and continuing high levels of employer contributions.

Introducing environmental, social and governance criteria into an investor's stock selection process has no negative impact and is more likely to lead to outperformance over the longer term, research suggests.

Mercer; Threadneedle; Stamford Associates; Aberdeen Asset Management;PwC; Arcadian

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FTSE350 companies' combined pensions deficit stood at £38bn at the end of July, down slightly from £44bn at the end of June after a volatile month.