News

Hermes Investment Management's head of fixed income Andrew Jackson has warned the Bank of England (BoE) could cut interest rates next year, with rates having a bigger impact now than ever before.

Coats Group has recorded a narrow defined benefit (DB) surplus of $1m (£0.8m) across its three UK schemes.

Almost two-thirds of FTSE 100 defined benefit (DB) pension schemes invest more than 50% of their assets in bonds, according to a report by JLT Employee Benefits.

Samuel Smith Old Brewery and its chairman Humphrey Smith have together been fined £27,990 for refusing to provide financial information to The Pensions Regulator (TPR).

UK headline dividends have declined for the first time since 2015, falling 2.1% in the second quarter of 2018, according to the latest quarterly dividend monitor from Link Asset Services.

Collective defined contribution (CDC) schemes risk creating "irreversible intergenerational injustice" and could undermine pension freedoms, Michael Johnson says.

Proposed remedies for the investment consultant and fiduciary management market will need a substantially clearer rulebook in order to be practical, Aon has warned.

Anne Richards, chief executive of M&G Investments, is to take up a role as chief executive of Fidelity International later this year.

The UK's 5,588 defined benefit (DB) schemes had a combined surplus of £382bn at the end of June, according to First Actuarial's best estimate index (FABI).

The Border to Coast Pensions Partnership is up and running after transferring around £7bn of UK and overseas developed equities from three of its stakeholder pension funds.