News

Millions of workers are set to face “life changing retirement shortfalls” as lower growth forecasts could wipe a third off pot values, according to Lane Clark & Peacock (LCP).

CACEIS has launched a carbon metrics reporting tool specifically designed to help UK pension schemes meet their upcoming disclosure obligations.

BlackRock has launched a private debt fund specifically designed for UK pension schemes to access a variety of global private debt market exposures via a single strategy.

Sarah Smart has been confirmed as chair of The Pensions Regulator (TPR) from 1 June, taking over permanently from Mark Boyle who stepped down at the end of his term earlier this year.

This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.

The Institute and Faculty of Actuaries (IFoA) has urged the government to tackle social care reform and to support alternative structures, such as collective defined contribution (CDC) schemes, to rebalance the risks facing individuals.

Pension scheme inflation hedging activity fell by 17% quarter-on-quarter to £30.4bn in the first three months of the year, BMO Global Asset Management research reveals.

The former restructuring advisory and employer covenant business of KPMG has rebranded and launched as Interpath Advisory.

The Financial Conduct Authority (FCA) is seeking views on creating a long-term asset fund (LTAF) to give more confidence in investing in illiquid assets.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the government’s intention to extend the scope of the Taskforce for Climate-related Financial Disclosures (TCFD).