News

Vanguard has appointed an independent governance committee (IGC) to oversee the implementation of investment pathways for non-advised self-investment personal pension (SIPP) drawdown users.

Aviva has set a 2050 net-zero target for its own auto-enrolment (AE) default pension funds, and called on the government to make all AE default funds set the same goal.

After speculation gained traction over the weekend, LV= has revealed it is in exclusive talks with Bain Capital over the sale of its remaining pensions and insurance business.

This week’s top stories included Mothercare negotiating an extension to the contributions timeline for its pension scheme, and the Pension Protection Fund announcing a proposed levy cut.

EY has appointed Gareth Mee as UK actuarial leader to head up an expanded interdisciplinary team at the firm.

The Scottish Widows Master Trust board has completed its line-up with the appointment of Cheryl Black.

One in eight older workers have changed their retirement plans as a result of Covid-19, the Institute for Fiscal Studies says

Trustees need to develop their understanding and capacity around ESG issues to be able to make better decisions for their members, The Pensions Regulator (TPR) says.

Massachusetts Mutual Life Insurance Company and GIC have agreed to purchase a 36% shareholding in Rothesay Life as Blackstone exits the investment.

Investors languishing in the gated, and now renamed, Woodford Equity Income fund could be forced to wait a further 12 months to get their money back, following the latest update from the fund’s administrator Link Fund Solutions.