This week's top stories included The Pensions Regulator's announcement that it would carry out spot checks on the UK's largest employers. Also, River and Mercantile revealed it had been appointed to run a £1.16bn fiduciary mandate and the Financial Conduct...
Companies with large pension schemes have already made budget allowances in advance of proposed changes to the Retail Prices Index (RPI), Willis Towers Watson (WTW) says.
Mercer has closed its Private Investment Partners (PIP) V strategy, having successfully raised it with $2.7bn (£2.08bn) in total commitments.
The UK Sustainable Investment and Finance Association (UKSIF) says pension scheme trustees are failing to comply with their investment duties around ESG and need government intervention to get back on track.
Investment consultant Redington has launched a global analytics and scoring system to compare pension provisions across various defined benefit and defined contribution schemes.
Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme in a deal worth £2.3m.
The Pensions Regulator (TPR) has revealed 90% of people are saving into the largest master trusts, creating a “safe and stable” workplace pension market.
More than half (54%) of workers do not know the size of their pension pots, according to research by the Pensions and Lifetime Savings Association (PLSA).
This week's 104 Pensions Buzz respondents agreed that the regulations surrounding chair's statements are too harsh.
The Pensions Regulator (TPR) is carrying out spot checks on the UK’s largest employers to protect savers and ensure staff continue to receive the pensions they are due.