News

The People’s Pension (TPP) has issued a new call on the government to reform auto-enrolment (AE) to help reduce the ethnicity gap over the long-term.

This week’s top stories included Lloyds agreeing a £10bn longevity swap with Pacific Life Re for three of its pension schemes, and the Co-operative Pension Scheme completing a £1bn buy-in with Aviva.

The Institute and Faculty of Actuaries (IFoA) has launched an investigation into the increasing transfer of risks to consumers, with a particular focus on defined contribution (DC) pensions.

Analytical services company Camradata has published a white paper investigating how local authorities can act more responsibly with pension investments.

A group of London pension organisations have launched an investment fund focused on local housing, infrastructure and business.

A strong growth in the number of ESG ratings and data providers could be contributing to slow progress on responsible investment goals, according to NN Investment Partners (NNIM).

A significant increase in so-called ‘mega-transactions’ accounted for around two-thirds of the record-breaking bulk-annuity transfer volumes for 2019, Hymans Robertson analysis reveals.

Investors in the LF Equity Income fund, formerly run by Neil Woodford, will receive 75.55% of the value of the assets of the fund in the first capital distribution, priced between 46p and 59p per unit they hold, Link Fund Solutions has said.

Principal global real estate associations INREV, NCREIF, PREA and ANREV1 have reached an agreement on a standardised approach for measuring the costs of real estate investment vehicles.

The Church of England Pensions Board has selected the FTSE Transition Pathway Initiative (TPI) Climate Transition Index for a £600m mandate.