News

The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.

Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.

Just over a third of women claim they do not have a pension plan compared to 17% of men, a Willis Owen survey has found.

Incisive Media - the publisher of Professional Pensions - will turn its logo rainbow to show its support and commitment to LGBT+ equality and inclusion.

This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.

Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.

RiskFirst and Insight Investment have partnered to provide improved fund modelling and analytics to the defined benefit (DB) pension schemes market.

This week's Pensions Buzz respondents were split on whether more schemes should follow NEST's decision to divest from tobacco.

The Court of Appeal has dismissed ITV's appeal against a financial support direction (FSD) issued by The Pensions Regulator (TPR) in a long-running case over the Box Clever Pension Scheme.

Local Government Pension Scheme (LGPS) funds must set investment objectives after the competition watchdog expanded those caught by its market investigation, but more clarity is needed, Hymans Robertson has said.