News

A fifth of contract-based pension schemes expect to move to a master trust by 2025, along with a third of trust-based plans.

Chancellor of the Exchequer Rishi Sunak has confirmed the government will go ahead with its Budget on 11 March, despite Sajid Javid’s resignation.

The Financial Conduct Authority (FCA) revealed unsuitable transfers out of defined benefit (DB) schemes could result in collective losses of up to £20bn worth of guarantees over five years.

Here they are. The finalist lists for the second annual Professional Pensions Rising Star Awards...

Nearly half (48%) of UK investors expect to increase their socially responsible investments over the next three years, according to research by Charles Stanley.

Scottish Widows has created a specialist responsible investment team to monitor sustainable activity across its fund range.

This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.

Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.

Pension Insurance Corporation (PIC) has raised £750m of new capital from its shareholders to fund a pipeline of new pension risk transfer deals expected to complete in 2020.

LCP says significant numbers of savers want to invest in responsible companies but default funds aren’t keeping up with these changing preferences. Holly Roach reports