This week’s top stories included news that buy-in and buyout volumes are set to reach £30-£40bn in 2021, while Pensions Infrastructure Platform owner announced its intention to float on the London Stock Exchange.
Oil and gas majors are still rewarding executives for fossil fuel growth despite them committing to have net-zero carbon emissions by 2050, as experts urge institutional investors to take action.
Universities Superannuation Scheme (USS) Investment Management has partnered with DiligenceVault for investment data and risk analysis support.
Matt Rodda has taken over the role of shadow pensions minister from Jack Dromey following a Labour frontbench reshuffle.
Schemes need more certainty over the data they will have to provide for dashboards, as the minister is expected to take a heavier stance in 2021, experts say.
Deaths in England and Wales were 51% higher in week 52 of 2020 than the corresponding period of 2019, although partly inflated by bank holidays, according to the Continuous Mortality Investigation (CMI).
South Yorkshire Pensions Authority (SYPA) is tendering for a managing agent for the provision of property management, property accounting and property data services within its circa £550m commercial property portfolio.
The public trust score for the pensions industry is just 4.46 out of ten according to administration firm Trafalgar House’s trust and confidence index.
The Money and Pensions Service (Maps) is conducting a pre-tender market engagement to help develop a Wales-wide peer learning network as part of its Money Guiders programme.
The Scottish Enterprise Pension & Life Assurance Scheme (SEPLAS) has appointed Hymans Robertson and Isio following a formal tender process.