News

Nest has set out plans to move to its default pension strategy towards a net-zero investment portfolio by 2050, with at least £5.5bn of equities pledged to climate aware strategies.

The industry does not expect future mortality improvements to change despite the 60,000 excess deaths from the Covid-19 pandemic, a Society of Pension Professionals (SPP) poll finds.

Schemes and administrators have been urged to strengthen their cybercrime resilience after heightened criminal interest in the sector.

Pensions scams will be the key focus in the first part of a Work and Pensions Committee (WPC) inquiry reviewing the impact of the introduction of pension freedoms five years on.

XPS Pensions has launched a service for trustees of defined benefit schemes allowing them to retain full control of investment decision making while delegating implementation.

The LV= Employee Pension Scheme has agreed a buy-in of around £800m with Phoenix Life after converting an existing longevity swap.

In this latest Pensions Buzz, we want to know if you will be attending face-to-face business meetings and events from October should the government's pilots be successful.

The Pensions Regulator (TPR) has decided not to take any action against Bernard Matthews after the food products business used a pre-pack administration to offload its pension scheme in 2016.

The number of savers opting to withdraw a tax-free lump sum from their pension has dropped more than 53% since the start of the coronavirus pandemic, according to the Association of British Insurers (ABI).

The Pensions Management Institute (PMI) has launched a financial education and guidance service supported by Wealth At Work.