News

Pensions & Investment Research Consultants (PIRC) has urged companies to restrict executive pay in response to the coronavirus crisis.

The Institute and Faculty of Actuaries (IFoA) has welcomed climate-related stress tests, but revealed UK insurers need greater clarity around the framework.

The Pensions Regulator (TPR) must adopt a “pragmatic” approach to the 15% of UK schemes that have valuation dates within the next three weeks, Aon has said.

This week's top stories include ten tips for mastering virtual trustee meetings, and Unbiased's calculation that five to ten years is a reasonable amount of time for a workplace pension to recover from the market shocks of the Covid-19 crisis.

The Bank of England (BoE) has cut its interest rate by 15 basis points to 0.1% as the central bank moves to reduce the “economic shock” stemming from the coronavirus pandemic.

Life insurer ReAssure has posted strong 2019 results as it prepares to be merged into rival Phoenix Group by the middle of the year.

The government has said it will “do whatever it takes” to support businesses through the Covid-19 coronavirus crisis, leading to speculation that there could be a short-term change in auto-enrolment (AE) policy.

The trustees of the £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme are seeking court approval to use scheme funds in potential upcoming legal battles.

The Pension Protection Fund (PPF) is set to go live with insolvency risk scores calculated by Dun & Bradstreet (D&B) next month for 2021/22 levy invoices.

St James's Place, Columbia Threadneedle, BMO Global Asset Management, Legal and General Investment Management, Aberdeen Standard Investments, Kames Capital and Janus Henderson have all suspended their open-ended UK property vehicles due to valuation concerns...