There will be further master trust consolidation in 2020, according to two-thirds of 109 Pensions Buzz respondents.
Hermes Investment Management Saker Nusseibeh has been awarded a CBE (Commander of the Order of the British Empire) in the New Year’s Honours list.
Mark Carney says the financial sector must take more urgent action on climate change.
The government’s ban on boycotts by public institutions may extend to the Local Government Pension Schemes (LGPS).
Schemes are increasingly looking at longevity hedging as part of their de-risking process, according to a survey by Insight Investment.
Pension Protection Fund (PPF) levy-payers may be leaving themselves open to “unwelcome surprises” by failing to check their accounts early on, Barnett Waddingham has warned.
Universities Superannuation Scheme (USS) will hold further discussions in the new year to agree on how to proceed with the scheme.
The Net Pay Action Group (NPAG) is urging the government to deliver on its manifesto pledge to review unfair tax rules in pensions.
Insurers are now able to accommodate up to £30bn of bulk annuity transactions every year with no impact on pricing, according to Lane Clark & Peacock (LCP).
Increasing demand for global longevity reinsurance could lead to higher bulk annuity prices but less exact matching for longevity hedging, says Mercer.