The Pensions Regulator (TPR) and the Pension Protection Fund (PPF) have launched a joint consultation on the proposals to update the asset information collected from defined benefit (DB) pension schemes.
Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
GLIL Infrastructure has partnered with London-based Arcus Infrastructure Partners to purchase energy infrastructure provider Smart Meter Assets 1 (SMA).
Pension Insurance Corporation (PIC) has launched a podcast series which will focus on ESG and the role of pensions through a social purpose lens.
The Pension Protection Fund (PPF) has confirmed several changes to its actuarial assumptions under various bases as part of a regular review, broadly improving the lifeboat fund’s view of scheme funding.
Aegon UK has acquired Pension Geeks – the business that specialises in connecting people with their finances through innovative engagement techniques, communication and events.
The Prudential Insurance Company of America (PICA) has concluded a £6bn longevity reinsurance deal, with Zurich Assurance acting as an intermediary on a pass-through basis.
Spence & Partners has received accreditation from the Pensions Administration Standards Association (PASA).
Octopus Renewables has acquired two operational UK biomass power plants in one of the largest domestic deals of its kind.
The value destruction of a savers’ pension at the point of retirement is “huge” and personalised guidance is vital to prevent members knocking out years of savings, according to industry experts.