News

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.

Transport for London (TfL) will carry out a review of its pension scheme and reform options with an “explicit aim” of moving the fund into a “financially sustainable position”.

Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.

The proposal to rescind a controversial decision to transfer residential property into Croydon’s pension fund so it could pay less in contributions will be deferred until more valuation information is available.

Two pension trustees have appeared in court charged with making illegal loans from a company pension scheme to the scheme employer.

Professional Pensions rounds up some of the latest tender awards from across the industry.

FCA looking at "spirit of" rules

Nearly of a quarter of pension schemes required to retender their fiduciary manager had not started the process as of last month, says XPS Pensions Group.

Turbulent markets damaged fiduciary managers’ ability to achieve client-specific objectives, says Isio, with none meeting the target.

The Universities and College Union (UCU) has accused Universities UK (UUK) of failing to come clean over the true impact of the Universities Superannuation Scheme (USS) pension proposals.