News

Scottish Widows will aim to halve the carbon footprint of its investments by 2030 on the way to achieving net-zero across its entire portfolio of investments by 2050.

Smart Pension and Barclays have partnered to provide small- and medium-sized enterprises (SMEs) with a quicker pensions solution with a wider selection of investment funds.

The Pensions and Lifetime Savings Association (PLSA) has opened applications for its chair position as Richard Butcher prepares to step down from the role.

The £2.7bn Dyfed Pension Fund will move 15% of its assets into low-carbon equity portfolios in a move to reduce its carbon footprint by screening out fossil fuel and thermal coal exposure.

The government has drawn a line under talk of broad reform of the pension system for higher-paid NHS workers, such as doctors who face high tax charges, opting instead to build on flexibilities introduced last year.

This week’s top stories included Mercer’s closure of five offices and Hymans Robertson’s acquisition of Bath Actuarial Consulting.

The Pension Protection Fund (PPF) has proposed several changes to its actuarial assumptions under various bases as part of a regular review, suggesting moves that would broadly improve scheme funding.

The government has opted to proceed with its “deferred choice underpin” (DCU) route for implementing a remedy to the McCloud judgment for public sector workers.

Aegon Asset Management and Mobius Life have partnered to launch an active beta property fund for UK defined contribution (DC) pension schemes.

The health of the UK’s defined benefit (DB) pension schemes has surpassed that of their pre-Covid levels as they continued to recover through final quarter of 2020, Legal & General Investment Management (LGIM) research reveals.