News

Pension schemes face higher liabilities as improvements in mortality rates trend towards their highest level in a decade.

Defined benefit (DB) pension schemes are looking for untraditional ways to build endgame strategies in order to better balance member and employer needs, the Pensions Policy Institute (PPI) has found.

The Association of Member Nominated Trustees (AMNT) has called on the Financial Conduct Authority (FCA) to respond to a complaint it made in May regarding investment stewardship.

Yesterday (28 October), Professional Pensions reported that the Lothian Pension Fund had discontinued a tender process for admin and payroll software.

There are only a few days left to register for this year’s PP Investment Conference, which will be held on Tuesday 5 November at London’s America Square Conference Centre.

The Combined Nuclear Pension Plan (CNPP) has dropped Hymans Robertson as an investment adviser for its defined contribution (DC) master trust and appointed Redington as a replacement.

British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.

Pension Insurance Corporation (PIC) has boosted its investment in social housing with a £40m further allocation to Soha Housing.

This week’s top stories included KPMG confirming it was in talks to sell its pensions advisory business to Exponent Private Equity.

The London Borough of Barnet Superannuation Fund is now being run more effectively following intervention action taken by The Pensions Regulator (TPR).