News

Fiduciary managers maintained their investment strategies across 2020 despite high market volatility and some hair-raising losses during the first quarter, XPS Pensions Group research finds.

West Midlands Pension Fund (WMPF) has become the first Local Government Pension Scheme (LGPS) “friend” of the Pension and Lifetime Savings Association’s (PLSA) Retirement Livings Standards.

LifeSight Master Trust has onboarded 2,500 members and £125m in defined contribution (DC) scheme assets after taking on the pension provision for Ricardo.

UK banks and asset managers were responsible for financing 805 million tonnes of CO2 in 2019, which would make the City of London the ninth biggest emitter in the world if it were a country, according to a report by Greenpeace UK and the World Wildlife...

The majority of sub-£250m schemes plan to achieve a buyout as their scheme’s endgame even if pricing opportunities are not necessarily in their favour, Mercer research finds.

The pensions industry is “optimistic” about GMP equalisation with many schemes expecting to be paying pensions on an equalised basis by the end of 2022, according to research by Sackers.

Northern Trust has been appointed by Coal Pension Trustees Services to provide asset servicing solutions for two coal industry schemes.

Flat fees will be banned on pensions worth below £100 in a bid to end the erosion of small pots, the Department for Work and Pensions (DWP) has confirmed.

British businesses have ploughed £200bn into defined benefit (DB) pension contributions over 15 years to avoid a drop in pension funding levels, according to a report from Lane Clark & Peacock (LCP).

A proposal is underway to rescind a controversial decision to transfer residential property into Croydon’s pension fund so the cash-strapped council could pay less in employer contributions, following a “change in circumstances”.