News

The number of deaths registered in England and Wales in week 8 of 2021 was 8% more than expected compared with 47% more the week prior, according to the Continuous Mortality Investigation (CMI).

The Institutional Investors Group on Climate Change (IIGCC) has officially debuted its Net Zero Investment Framework (NZIF) after a series of road tests.

The government will consult on mandating the use of simpler annual statements while also setting out an approach to a “pension statement season”, says Guy Opperman.

Pension Insurance Corporation (PIC) has extended its administration contract with Capita Pensions until the end of September 2027.

The potential loss of scheme flexibility outlined in The Pensions Regulator’s (TPR) interim response to its defined benefit (DB) funding code should not be a concern as long as schemes can manage risk, the watchdog said.

More than a third of defined benefit (DB) pension schemes are running “worryingly close to the deadline” to comply with the Competition and Market Authority’s (CMA) retendering order, according to Hymans Robertson.

The Civil Aviation Authority (CAA) and Sydney Packett & Sons have agreed bulk annuity deals for their pension schemes with Legal & General (L&G) respectively.

The switch to a zero-carbon economy provides the opportunity for attractive returns for pension funds, even if they are "not shoot the lights out returns", says Lord Adair Turner.

The benefits that working digitally has brought to the pensions industry are vital for its continued progression, says Pensions and Lifetime Savings Association (PLSA) chief executive Julian Mund.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…