News

A majority of industry professionals polled opposed the idea of attending face-to-face events in October, Professional Pensions finds.

Border to Coast Pensions Partnership has announced £1.4bn of infrastructure investments in a drive to build a diversified global portfolio.

Pension schemes significantly heightened their interest rate and inflation risk hedging in the second quarter of the year, according to BMO Global Asset Management.

A three-pronged Work and Pensions Committee (WPC) inquiry to review the impact of pension freedoms has been welcomed by the industry as pension savers continue to fall victim to sophisticated scams.

More than 60 civil society leaders including MPs, climate experts, faith leaders and local councillors have signed an open letter accusing pensions and financial inclusion minister Guy Opperman of backing continued investment in fossil fuels.

Baroness Nicky Morgan has been appointed as a non-executive director of the board of the Financial Services Compensation Scheme (FSCS) alongside Cathryn Riley and Wendy Williams.

The Pensions and Lifetime Savings Association (PLSA) has launched a call for evidence on a proposal for a solution designed to support savers navigating pension freedoms as they move towards retirement.

The Universities Superannuation Scheme (USS) revealed it has seen a sharp rise in its funding deficit over the last year due to the impact of Covid-19.

Nest has set out plans to move to its default pension strategy towards a net-zero investment portfolio by 2050, with at least £5.5bn of equities pledged to climate aware strategies.

The industry does not expect future mortality improvements to change despite the 60,000 excess deaths from the Covid-19 pandemic, a Society of Pension Professionals (SPP) poll finds.