Asset owners and investors have made “good attempts” at reporting against the principles of the UK Stewardship Code 2020, the Financial Reporting Council (FRC) says.
The Pension Protection Fund’s (PPF) new tapered approach to its risk-based levy could provide a crucial short-term lifeline for struggling schemes hard-hit by Covid-19, the industry says.
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
The UK has ranked 17th out of 44 nations in Natixis Investment Managers’ global retirement index for a third successive year.
Chris Keating has been appointed as pensions executive at Pegasus, the pensions governance business of Law Debenture.
The Public Accounts Committee’s recommendation that HM Revenue & Customs (HMRC) should conduct a review into the impact of pensions tax relief has been ruled out by government.
The latest figures on retirement income from the Financial Conduct Authority (FCA) raise concerns about the long-term sustainability of pension payments, according to Just Group.
Aon has published a paper aiming to help UK pension schemes review their operations and move to more effective approaches.
Around 2,000 small schemes could see their levies cut as the Pension Protection Fund (PPF) consults on introducing a tapered approach to its risk-based levy while temporarily dropping its multi-year approach.
The Transparency Task Force (TTF) has published an open letter to prime minister Boris Johnson asking him to take a personal interest in pension scam problems and push for legislative flexibilities for scam victims.