News

A framework supported by the United Nations to help financial organisations report and act on evolving nature-related risks has been launched.

This week’s top stories included Barnett Waddingham’s appointment of eight partners, while British Airways Pensions announced the outsource of in-house investment operations to BlackRock.

Aon has sold its US retirement business to Aquiline and its Retiree Health Exchange operations to Alight to facilitate its merger with Willis Towers Watson.

The Treasury has ruled out any immediate changes to pensions tax relief, noting the “profound and far-reaching impacts” of an overhaul.

The Pensions Policy Institute (PPI) has launched its seventh annual defined contribution (DC) Assets Allocation survey.

Professional Pensions’ Women in Pensions Awards is returning this November and nominees have an additional week to complete their entries.

Sackers has elected David Saunders as its next senior partner, taking over from Ian Pittaway, who steps down after 16 years at the helm.

Workplace savings fintech Cushon has closed an overall funding round of £26m to finance “rapid expansion plans” and acquired the scheme funder of the Workers Pension Trust (WPT).

The Financial Conduct Authority (FCA) has confirmed reducing transfer times remains a key priority as it continues to back the Star Initiative and encourage all firms in the pensions sector to take part.

While the pensions sector is one of the most vulnerable to climate change risks, it has the ability to single-handedly shift the conversation on climate, experts say.