News

The formal establishment of the All-Party Parliamentary Group (APPG) on Pension Scams has been welcomed by Work and Pensions Committee (WPC) chairman Stephen Timms.

This week’s top stories included the Universities Superannuation Scheme’s launch of a consultation on its 2020 valuation, while Pension Insurance Corporation Group’s adjusted profits fell by nearly three-quarters.

Lane Clark and Peacock (LCP) has urged the government to “look again” at the idea of ‘pot follows member’ to fix the burgeoning number of small pension pots getting lost.

Law firm Walker Morris has expanded its pensions team with the appointment of Liz Graham as partner.

Hymans Robertson has appointed Simon Mortimer as chief digital officer (CDO) - a new role created in a bid to enhance its digital impact.

PGIM Fixed Income has hired Eugenia Unanyants-Jackson as head of ESG research, a newly created role.

A dozen UK investment consulting firms have established a group aiming to improve sustainable investment practices across the investment industry.

One in ten UK workers have paused their pension contributions during the Covid-19 pandemic with their absence from the defined contribution (DC) space bringing serious implications for the retirement landscape.

Hedge funds are emerging from disruption caused by the coronavirus pandemic more resilient, adaptable, diverse, efficient, and productive, according to the Alternative Investment Management Association (AIMA).

Pension Insurance Corporation (PIC) Group secured £3.5bn of defined benefit (DB) scheme liabilities throughout the first half of the year, although adjusted profits fell by nearly three-quarters.