News

This week's top stories include Heathrow Airport's defined benefit plan completing a £325m buy-in with Legal & General, and gig economy workers getting a renewed boost to their right to join a workplace pension.

Punter Southall Aspire has obtained the master trust assurance framework (MAF) accreditation for its Aspire Savings Trust.

Franklin Templeton Investments has named Jennifer Ockwell as its head of UK institutional.

UK pension funds are set to boost their allocations to alternative income assets by more than 50%, according to research by Aviva Investors.

In this week's Pensions Buzz, we wanted to know whether defined benefit (DB) schemes with recovery plans over 10 years should have to explain, and if the regulator should create a pool of 'super trustees' that can be parachuted into schemes to fix problems...

Heathrow Airport's defined benefit (DB) plan has completed a £325m pensioner buy-in with Legal & General (L&G) financed by an innovative corporate bond.

15/20 the target

Towers Watson Limited - the UK actuarial and pensions consulting business of Willis Towers Watson - has published its 2017 annual report and accounts, revealing it had a turnover of £447.7m during the year.

Columbia Threadneedle Investments has hired a team to build an infrastructure investment capability for UK and European institutional clients such as pension funds.

The Pension Protection Fund (PPF) has published its first official guidance on how it expects companies seeking company voluntary arrangements (CVAs) to set out their proposals.