News

Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.

The UK has continued to struggle against its peers in an international analysis of pension systems due to continuing concerns over adequacy and sustainability.

Lowest Q3 payout since 2010

Just one in six (16%) of schemes believe the Covid-19 pandemic has weakened their sponsor’s ability to support them in the long term, research by Willis Towers Watson finds.

Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.

Punter Southall has launched a defined benefit (DB) scheme consolidator in a bid to allow small schemes to cut their running costs, reduce risk and improve benefit security and governance.

London CIV and Morgan Stanley Investment Management (MSIM) have announced the launch of a global equity core fund.

Fewer than half of asset managers assess gender diversity as part of their investment analysis, latest research by Redington reveals.

Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.

The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.