News

The Co-operative Pension Scheme (Pace) has agreed its third buy-in this year, insuring £400m of liabilities in the Co-operative Bank section of the scheme with Pension Insurance Corporation (PIC).

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the March 2020 estimates on the various measures…

The £30bn Brunel Pension Partnership has hired CACEIS to provide cost transparency and benchmarking services across the partnership.

Seven tranches

The Pensions Regulator has set out further guidance on its approach to agreed reporting requirements for employers, trustees, pension advisers and providers as they navigate the effects of the COVID-19 pandemic.

The Pensions Regulator (TPR) has published guidance setting out how employers can meet their automatic enrolment (AE) duties as they navigate the effects of the coronavirus pandemic.

Lane Clark & Peacock (LCP) has said it is focussing on riding out short-term uncertainty and has promoted 14 partners in a bid to contribute to the sustainable growth of the business.

This week’s top stories included the Financial Conduct Authority saying there is a “significant risk of harm” in the long-term savings market caused by pension freedoms, and Standard Life and Zurich publishing their latest independent governance committee...

Business advisory firm Quantuma has appointed Darren Mason as a partner at the firm’s head office in London to set up and lead a pensions advisory team.

Pension schemes should take note of how the companies in which they invest respond to the ongoing threat of coronavirus and be prepared to speak up if the actions taken do not align with their long-term investment prospects, the Pensions and Lifetime...