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Image for Danish get tough on hedge funds

Danish get tough on hedge funds

Lindsay Sharman
New rules to clampdown on the pensions industry's dealings with hedge funds are being introduced in Denmark.

23 October 2014

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Image for Greens call for fossil fuel divestment

Greens call for fossil fuel divestment

Lindsay Sharman
Green Party MP Caroline Lucas has called on the £487m Parliamentary Contributory Pension Fund to pull its investments out of fossil fuels and shift them to sustainable sources.

23 October 2014

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Image for NAPF announces six-point manifesto

NAPF announces six-point manifesto

Lindsay Sharman
The creation of an independent retirement savings commission, commitment to automatic enrolment, and a reduction of tick-box regulation will form part of the NAPF agenda for the forthcoming year.

23 October 2014

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Image for Data cleansing: the dullest topic or the most vital?

Data cleansing: the dullest topic or the most vital?

Colin Richardson
PTL's Colin Richardson argues the benefits of cleansing data and what can be improved by doing so. 

17 October 2014

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Image for Poor IT to blame for Government deadline preparation shortfall

Poor IT to blame for Government deadline preparation shortfall

Lindsay Sharman
Two out of three pension professionals blame poor IT for the lack of preparation to meet the Government's Guaranteed Minimum Pension (GMP) deadline, according to new research.

16 October 2014

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Image for BlackRock tie up with Aon Hewitt to target defined contribution plans

BlackRock tie up with Aon Hewitt to target defined contribution plans

Lindsay Sharman
Investment consultancy Aon Hewitt is partnering with BlackRock to target defined contribution plans.

16 October 2014

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Image for African investment is the future,' Sir Bob tells NAPF conference

African investment is the future,' Sir Bob tells NAPF conference

Lindsay Sharman
Fund managers were urged by Sir Bob Geldof to focus their attention on Africa instead of China at this week's annual conference of the National Association of Pension Funds (NAPF).

16 October 2014

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Image for Welcome news from the PPF

Welcome news from the PPF

Alan Collins
Alan Collins discusses the benefits of the reduction in next years PPF levy, but warns that this is not cause for complacency.

10 October 2014

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Image for Danish investors back €1bn energy saving infrastructure

Danish investors back €1bn energy saving infrastructure

Lindsay Sharman
A new infrastructure fund focussing on European and US energy assets has received DKK8bn (€1.05bn) from six Danish pension funds and two banks.

09 October 2014

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Image for Plans to increase retirement age

Plans to increase retirement age

Lindsay Sharman
Government plans to increase the retirement age by six months per year have been announced this week by pensions minister Steve Webb.

09 October 2014

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Image for  LPFA backs public sector pensions merger

 LPFA backs public sector pensions merger

Lindsay Sharman
One of the UK's largest public sector pension funds has spoken out in support of London Mayor Boris Johnson's calls for a merger of all public sector pension funds.

09 October 2014

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Image for Breaking the Pain Barrier

Breaking the Pain Barrier

Tom Nimmo
Tom Nimmo compares the challenge of implementing "good process" to the tough grind of a half marathon. But the results of achieving both are worthwhile.

03 October 2014

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Image for Hedge funds trimmed by top pension funds

Hedge funds trimmed by top pension funds

Lindsay Sharman
Two of the UK's largest pension funds are reducing exposure to hedge funds to the tune of several billion.

02 October 2014

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Image for "No support for pension reform without levy" says IAPF

"No support for pension reform without levy" says IAPF

Lindsay Sharman
Proposed reforms to the second-pillar pension system in Ireland are unlikely to gain support – unless the Irish government abolishes the 0.15% pensions levy, according to the Irish Association of Pension Funds (IAPF).

02 October 2014

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Image for Osbourne announces pension "death tax" to be scrapped

Osbourne announces pension "death tax" to be scrapped

Lindsay Sharman
Chancellor George Osbourne has announced plans to abolish the so-called death tax on pensions.

02 October 2014

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Image for KPIs – Key Performance Indicators or Know People's Intentions? 

KPIs – Key Performance Indicators or Know People's Intentions? 

John Reeve
Premiers' John Reeve tackles the issue of KPIs in relation to the evolving DC landscape. He asks which KPIs are appropriate and how should they be dealt with?

26 September 2014

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Image for Industry veteran to head Pensions Infrastructure Platform

Industry veteran to head Pensions Infrastructure Platform

Lindsay Sharman
The UK's National Association of Pension Funds (NAPF) has appointed industry veteran Mike Weston as chief executive of Pensions Infrastructure Platform (PIP).

25 September 2014

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Image for New UN coalition to reduce carbon footprint of 500bn dollars

New UN coalition to reduce carbon footprint of 500bn dollars

Lindsay Sharman
Leading European pension funds are joining forces with the United Nations Environment Programme and its Finance Initiative (UNEP FI) to reduce the carbon footprint of $500bn of worldwide institutional investment.

25 September 2014

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Image for Scottish 'no' vote means 'yes' to tax changes

Scottish 'no' vote means 'yes' to tax changes

Lindsay Sharman
Scotland's 'no' vote for independence does not mean 'no change' for pension schemes, industry experts have said.

25 September 2014

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Image for Getting it wrong can be costly  

Getting it wrong can be costly  

Ian Neale
Recently HMRC announced scheme administrators must prove to be ''fit and proper'' before registration is approved, but what does this mean? Aries' Ian Neale finds out.

19 September 2014

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Image for NAPF names repeat offenders on remuneration

NAPF names repeat offenders on remuneration

Monique Simpson
Eight companies have been named by the National Association of Pension Funds (NAPF) for failing to address concerns from investors regarding remuneration packages.

18 September 2014

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Image for LPFA to fund London housing development

LPFA to fund London housing development

Monique Simpson
The London Pensions Fund Authority (LPFA) has been appointed to finance 85% of a housing project in East London.

18 September 2014

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Image for Passive funds could improve pension scheme returns

Passive funds could improve pension scheme returns

Monique Simpson
Large pension funds could get an additional £3.8m return per year if they invest through passive funds rather than active funds because they are cheaper and perform better, research has revealed.

18 September 2014

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Image for PPF panels: a big leap forward

PPF panels: a big leap forward

Alan Collins
Spence & Partners' Alan Collins says that communication has been key to improving service and having the panels and the PPF work together allowed issues to be dealt with immediately.

12 September 2014

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Image for Altmann urges closer collaboration between public pension funds

Altmann urges closer collaboration between public pension funds

Monique Simpson
UK public pension funds should work closer together to reduce deficits and mitigate against recent monetary and political decisions that have negatively impacted the industry, a pensions expert has said.

12 September 2014

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Image for EU names UK's Jonathan Hill as financial services commissioner

EU names UK's Jonathan Hill as financial services commissioner

Monique Simpson
The European Union (EU) has appointed Lord Jonathan Hill as the new financial services commissioner.

12 September 2014

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Image for NEST restrictions to be lifted

NEST restrictions to be lifted

Monique Simpson
The annual contribution limit and transfer restrictions on the National Employment Savings Trust (NEST) will be removed in April 2017, the UK Government has confirmed.

12 September 2014

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Image for Digital addiction

Digital addiction

Peter Nicholas
"Digital dependence is here to stay," says AHC's Peter Nicholas, but how is the pensions industry reacting to this?

05 September 2014

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Image for FRC fines Mazars £2m for pension advice failings

FRC fines Mazars £2m for pension advice failings

Monique Simpson
The Financial Reporting Council (FRC) has ordered UK accountancy firm Mazars and one of its partners to pay almost £2m for failing to give good advice to the trustees of the First Quench pension fund.

05 September 2014

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Image for Dutch pension scheme for architects hires fiduciary manager

Dutch pension scheme for architects hires fiduciary manager

Monique Simpson
Dutch pension fund Stichting Pensioenfonds voor de Architectenbureaus has appointed F&C Netherlands as its fiduciary manager.

05 September 2014

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Image for Schemes increasingly adopt fiduciary management despite "myths"

Schemes increasingly adopt fiduciary management despite "myths"

Monique Simpson
Pension schemes are continuing to take up fiduciary management despite some of the myths that still surround it, says Aon Hewitt.

01 September 2014

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Image for Greater Manchester Pension Fund hires commercial property manager

Greater Manchester Pension Fund hires commercial property manager

Monique Simpson
The Greater Manchester Pension Fund (GMPF) has awarded a £750m mandate to LaSalle Investment Management.

28 August 2014

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Image for Keep your eye on the ball and follow through

Keep your eye on the ball and follow through

Adam Sewell
KBPR's Adam Sewell discusses how pension professionals can complete a successful PR exercise to help them stand out in a crowded industry.

28 August 2014

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Image for DC schemes to change default investment strategy design

DC schemes to change default investment strategy design

Monique Simpson
Nearly 66% of trustees are looking to change their default strategy within the next 18 months following the Budget 2014 pension reforms, according to research by SEI.

27 August 2014

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Image for Pension schemes face busy end to 2014

Pension schemes face busy end to 2014

Monique Simpson
UK pension professionals face an "exceptionally" busy period as they return from the summer holidays to deal with the consequences of the 2014 Budget changes, Aon Hewitt has said.

27 August 2014

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Image for Reckless conservatism

Reckless conservatism

Kevin Gundle
"The lasting impact of certain events of 2008, as well as the tsunami of subsequent regulation, have pushed investors into a state of almost reckless conservatism," says Aurum Funds' Kevin Gundle.

22 August 2014

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Image for Pension scheme funding improvements prompts new approaches

Pension scheme funding improvements prompts new approaches

Monique Simpson
Defined benefit (DB) pension schemes should be changing their approach and diverting sponsor contributions into alternative financing strategies as schemes climb towards a healthier funding status.

22 August 2014

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Image for Lehman Brothers FSD case reaches settlement

Lehman Brothers FSD case reaches settlement

Monique Simpson
The Lehman Brothers pension scheme is set to pay full retirement benefits to its members to avoid entry in to Pension Protection Fund (PPF), following a settlement agreement worth £184m.

21 August 2014

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Image for Western United Group Pension Scheme completes £500m buy-out

Western United Group Pension Scheme completes £500m buy-out

Monique Simpson
Trustees of the Western United Group Pension Scheme have completed a £500m buy-out with Rothesay Life.

21 August 2014

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Image for Promotion or relegation?

Promotion or relegation?

Kevin Burge
Likening pensions to football, Spence & Partners' Kevin Burge explores which of the recent pensions initiatives will be promoted and which will be relegated next May.

15 August 2014

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Image for Guidance guarantee not enough, say 62% of pension schemes

Guidance guarantee not enough, say 62% of pension schemes

Monique Simpson
Most pension schemes believe that the guidance guarantee that was announced in Budget 2014 will not provide adequate support for defined contribution (DC) members ahead of retirement, research by Mercer has revealed.

14 August 2014

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Image for Four million workers have auto-enrolled, says TPR

Four million workers have auto-enrolled, says TPR

Monique Simpson
More than four million workers have now been auto-enrolled into a workplace pension, The Pensions Regulator (TPR) has revealed.

14 August 2014

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Image for Top firms spend 37p out of every £1 on DB deficits

Top firms spend 37p out of every £1 on DB deficits

Monique Simpson
FTSE 350 firms pay 37p out of every £1 they spend on pension provision on reducing existing defined benefit (DB) pension deficits, Barnett Waddingham has found.

14 August 2014

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Image for Beware a wounded Regulator

Beware a wounded Regulator

John Reeve
"My fear is that a wounded Regulator is a dangerous thing," says Premier's John Reeve as the Regulator recently revealed it failed in its target of improving the management of DC arrangements.

01 August 2014

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Image for BoE examines structural trends in investment allocation by pension funds

BoE examines structural trends in investment allocation by pension funds

Monique Simpson
The Bank of England (BoE) has published a discussion paper which examines trends in the investment decisions of insurance companies and pension funds.

31 July 2014

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Image for TPR's DB funding code comes into force

TPR's DB funding code comes into force

Monique Simpson
The Pensions Regulator's (TPR) latest defined benefit (DB) code of practice comes into force today.

29 July 2014

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Image for Transatlantic DC members' retirement confidence remains low

Transatlantic DC members' retirement confidence remains low

Monique Simpson
Retirement confidence remains alarmingly low among defined contribution (DC) scheme members in the US, UK and Ireland, State Street Global Advisors (SSgA) has found.

29 July 2014

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Image for Re-framing pensions

Re-framing pensions

Monique Simpson
The Government has re-framed pensions as long-term savings plans, rather than as a package that pensioners swap for their salaries, says Aries' Ian Neale.

25 July 2014

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Image for Independent organisations to give "guaranteed guidance"

Independent organisations to give "guaranteed guidance"

Monique Simpson
The UK Government has announced that the guaranteed guidance on pensions choices will be provided by independent organisations rather than pension schemes or providers.

25 July 2014

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Image for PPF "sails smoothly" towards self-sufficiency goal

PPF "sails smoothly" towards self-sufficiency goal

Monique Simpson
The Pension Protection Fund (PPF) is 90% likely of being financially self-sufficient by 2030, the lifeboat fund said as it reported a £2.4bn and a funding ratio of 112.5%.

23 July 2014

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Image for Charity sector's largest pension liabilities rose by 14.5% in 2012/13

Charity sector's largest pension liabilities rose by 14.5% in 2012/13

Gareth Jones
The charity sector's largest pension liabilities grew by 14.5% in 2012/13, according to data from a UK charity financial information provider.

23 July 2014

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Image for Pensions turned upside down?

Pensions turned upside down?

Kevin Burge
Spence and Partners' Kevin Burge looks at the changing pensions landscape in the UK and Australia and asks who is right?

22 July 2014

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Image for ShareAction calls for more accountability and transparency in pensions

ShareAction calls for more accountability and transparency in pensions

Monique Simpson
The UK's private pension providers' duties should be enshrined into law to ensure accountability and transparency, campaign group ShareAction has said.

17 July 2014

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Image for "Intelligent" approach needed to improve LGPS

"Intelligent" approach needed to improve LGPS

Monique Simpson
The Local Government Pension Scheme (LGPS) should not be treated as a "homogenous whole" by the Government, the National Association of Pension Funds (NAPF) has warned.

16 July 2014

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Image for FTSE 100 pension scheme deficit falls by £16bn

FTSE 100 pension scheme deficit falls by £16bn

Monique Simpson
The total deficit in FTSE 100 pension schemes has decreased by £16bn to £60bn in the year to 31 March 2014, JLT Employee Benefits has said.

16 July 2014

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Image for The school report – value for money?

The school report – value for money?

Peter Nicholas
"Just like high school students, not all pension members are the same," says AHC's Peter Nicholas as he talks about member communications.

11 July 2014

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Image for TPR publishes guides to improve public service pension standards

TPR publishes guides to improve public service pension standards

Monique Simpson
Two new "quick guides" have been published by The Pensions Regulator (TPR) to help public service pension schemes to govern and administer themselves effectively.

10 July 2014

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Image for Companies are overpaying pension schemes, says PwC

Companies are overpaying pension schemes, says PwC

Monique Simpson
Companies are overpaying into their pension schemes by £9bn a year because they are not taking advantage of improving market conditions, PricewaterhouseCoopers (PwC) has said.

09 July 2014

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Image for Loomis appoints fiduciary manager

Loomis appoints fiduciary manager

Monique Simpson
Loomis UK Limited pension scheme has appointed Russell Investments as fiduciary manager for the scheme.

08 July 2014

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Image for Suspect defence and volatile strikers...

Suspect defence and volatile strikers...

Iain North
"A core principle that remains constant between football teams and portfolio management is the ability to evolve, while applying consistent philosophies and integrity," says Aurum Funds' Iain North.

04 July 2014

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Image for Stewardship important to scheme members despite higher cost

Stewardship important to scheme members despite higher cost

Monique Simpson
Most (53%) pension scheme members would prefer their employer to choose a provider demonstrating strong stewardship activity, even if it is 10% more expensive, the National Association of Pension Funds (NAPF) has said.

03 July 2014

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Image for UK DB scheme deficits increase

UK DB scheme deficits increase

Monique Simpson
The deficit of all UK private sector defined benefit (DB) pension schemes has increased by £71bn over the last 12 months, JLT Employee Benefits has said.

01 July 2014

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Image for Law Commission clarifies fiduciary investment duties

Law Commission clarifies fiduciary investment duties

Monique Simpson
Pension fund trustees should only take ethical or environmental, social or governance (ESG) issues into account if they are "financially material" to the performance of an investment, the Law Commission has said.

01 July 2014

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Image for ETFs - Every Trustee's Future?

ETFs - Every Trustee's Future?

Simon Riviere
PTL's Simon Riviere takes a closer look at the pros and cons of exchange traded funds and asks if trustees should be considering them.

25 June 2014

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Image for Pensions discount rate increases to 4.5%

Pensions discount rate increases to 4.5%

Monique Simpson
The average accounting discount rate for FTSE 100 pension obligations increased by 0.1% to 4.5%, Barnett Waddingham has revealed.

25 June 2014

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Image for Dutch pension funds' average funding ratio reaches three-year high

Dutch pension funds' average funding ratio reaches three-year high

Monique Simpson
The average funding ratio of Dutch pension funds increased to 112% in May 2014, the highest level since April 2011, De Nederlandsche Bank (DNB) has said.

24 June 2014

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Image for DB schemes' self-sufficiency targets are unreliable

DB schemes' self-sufficiency targets are unreliable

Monique Simpson
UK defined benefit (DB) schemes may need to find new strategies as current self-sufficiency targets do not provide the required degree of stability and certainty, Aon Hewitt has said.

24 June 2014

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Image for EIOPA calls for smarter regulation

EIOPA calls for smarter regulation

Monique Simpson
The European Insurance and Occupational Pensions Authority (EIOPA) has called for "smarter" financial regulation, rather having than more or having less regulation, to improve consumer confidence.

20 June 2014

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Image for World Cup fever

World Cup fever

Kevin Burge
"Experts abound in the pensions world and, like football experts, they too are never shy of an opinion," says Spence & Partners' Kevin Burge as he discusses conflicting specialist advice.

20 June 2014

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Image for NAPF calls for immediate action to help DB schemes transition smoothly

NAPF calls for immediate action to help DB schemes transition smoothly

Monique Simpson
The National Association of Pension Funds (NAPF) has called for immediate action to help defined benefit (DB) schemes and their sponsors navigate the DB transition as smoothly as possible.

17 June 2014

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Image for Northern Powergrid Pension Scheme hires investment adviser

Northern Powergrid Pension Scheme hires investment adviser

Monique Simpson
The Northern Powergrid Group Pension Scheme has appointed Aon Hewitt to provide investment advice.

17 June 2014

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Image for Deflation: we fear you not

Deflation: we fear you not

Jeffrey Cleveland
"Deflation is misunderstood, particularly by economists and, by extension, investors who subject themselves to the vagaries of economic advice," says Payden & Rygel's Jeffrey Cleveland.

13 June 2014

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Image for Pension deficits fall to near pre-recession levels

Pension deficits fall to near pre-recession levels

Monique Simpson
FTSE 350 defined benefit (DB) pension obligations have "dramatically improved" and are close to reaching pre-recession levels, PricewaterhouseCooper (PwC) has said.

10 June 2014

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Image for Total UK Plan completes £1.6bn buy-in

Total UK Plan completes £1.6bn buy-in

Monique Simpson
Total UK Pension Plan has secured a £1.6bn buy-in with Pension Insurance Corporation (PIC) in the second largest bulk annuity deal in the UK to date.

10 June 2014

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Image for Positive views on DC schemes to cause rise in contributions

Positive views on DC schemes to cause rise in contributions

Monique Simpson
Nearly half (43%) of employers look more favourably on defined contribution (DC) schemes as a result of pension rules changes announced in the Budget, Towers Watson has said.

10 June 2014

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Image for Child's play?

Child's play?

Andrew Slater
Investment, technology and retirement – how can the three be combined to encourage the younger generation to save, asks RisCura's Andrew Slater.

05 June 2014

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Image for Global risk transfer market will "thrive" in 2014

Global risk transfer market will "thrive" in 2014

Monique Simpson
The risk transfer market will grow in 2014 globally as companies with defined benefit (DB) schemes in the UK, the Netherlands, Germany, Ireland, US and Canada become more ambitious in their efforts to eliminate pension risk, Mercer has said.

05 June 2014

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Image for Queen's Speech on pensions receives mixed reactions

Queen's Speech on pensions receives mixed reactions

Monique Simpson
The Queen's Speech heralded a number of reforms to the pensions market in the UK and the industry's reaction on the legislation has been mixed.

04 June 2014

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Image for Queen's Speech confirms pension reforms

Queen's Speech confirms pension reforms

Monique Simpson
Two pensions bills will be introduced as part of sweeping reforms to the pensions landscape in the UK, the Queen confirmed in her speech today.

04 June 2014

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Image for PTL urges pensions industry to respond to PPF consultation

PTL urges pensions industry to respond to PPF consultation

Monique Simpson
The pensions industry should respond quickly to a Department for Work and Pensions (DWP) consultation that could safeguard the pensions of hundreds of individuals in the UK, Pitmans Trustees Limited (PTL) has urged.

03 June 2014

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Image for Guns don't kill people...

Guns don't kill people...

John Reeve
"Freedom of choice is appropriate, even if this includes the freedom to make mistakes," says Premier's John Reeve as he discusses how the Budget has changed the pensions industry in the UK.

30 May 2014

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Image for PPF proposes new insolvency risk model

PPF proposes new insolvency risk model

Monique Simpson
The Pension Protection Fund (PPF) has launched a consultation on the introduction of a new PPF-specific insolvency risk model for determining levy payments for the next three years.

29 May 2014

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Image for Pensions Institute calls for full disclosure on investment fees

Pensions Institute calls for full disclosure on investment fees

Monique Simpson
The "visible and hidden" costs of investment management should be fully disclosed, the Pensions Institute has said.

28 May 2014

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Image for Funding of small Irish DC schemes is too low

Funding of small Irish DC schemes is too low

Monique Simpson
Many workers in small defined contribution (DC) schemes in Ireland may not retire comfortably due to low contribution levels, the Irish Association of Pension Funds (IAPF) has found.

28 May 2014

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Image for Pension Comfort?

Pension Comfort?

Kevin Burge
Spence & Partners' Kevin Burge discusses the National Employment Savings Trust's (NEST) latest study on comfortable pension levels.

23 May 2014

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Image for TPR sets out priorities in three-year plan

TPR sets out priorities in three-year plan

Monique Simpson
The Pensions Regulator (TPR) has said that one of its priorities for the next three years will be to maximise compliance with auto-enrolment duties among medium, small and micro employers (SMEs).

21 May 2014

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Image for Local government funds hire global custodian using framework

Local government funds hire global custodian using framework

Monique Simpson
Norfolk, Suffolk and the London Borough of Hackney pension funds have appointed HSBC Securities as a global custodian under the new National Local Government Pension Scheme (LGPS) Framework agreement.

21 May 2014

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Image for UK pension schemes miss out on £1.7bn in potential returns

UK pension schemes miss out on £1.7bn in potential returns

Monique Simpson
Pension schemes in the UK are losing out on £1.7bn in potential annual returns by accepting passive-style performance from actively managed funds.

21 May 2014

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Image for Got to get my pension sorted... I'll do it tomorrow

Got to get my pension sorted... I'll do it tomorrow

Peter Nicholas
Social media makes it increasingly easier to put aside life's difficult tasks. AHC's Peter Nicholas ponders if schemes can harness its power for pension communications.

16 May 2014

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Image for UK schemes' pace of exit from equities slows

UK schemes' pace of exit from equities slows

Monique Simpson
UK pension schemes have reduced their equity exposure by only 2% over 2013, which is the slowest rate since the financial crisis, Mercer has said.

15 May 2014

> More

Image for PPF 7800 deficits increase over April

PPF 7800 deficits increase over April

Monique Simpson
The aggregate deficit of UK defined benefit (DB) schemes within the Pension Protection Fund (PPF) 7800 index increased by £42.3bn to £112.3bn over April 2014.

14 May 2014

> More

Image for FremantleMedia secures £47m buy-in

FremantleMedia secures £47m buy-in

Monique Simpson
The Fremantle Group Pension Plan has secured a buy-in with Pension Insurance Corporation (PIC), covering around £47m of pensioner and deferred liabilities.

13 May 2014

> More

Image for News on annuity sales illustrates two-state pension landscape

News on annuity sales illustrates two-state pension landscape

Alan Collins
"People like choice and people like people who give them choice," says Spence & Partners' Alan Collins as he discusses annuities.

09 May 2014

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Image for Thomas Cook hires investment consultant

Thomas Cook hires investment consultant

Monique Simpson
Thomas Cook Pension Plan has appointed Barnett Waddingham as an investment consultant.

08 May 2014

> More

Image for Budget pensions overhaul could increase buyouts

Budget pensions overhaul could increase buyouts

Monique Simpson
Buyouts may become more affordable for pension schemes as a result of the pensions overhaul in Budget 2014, JLT Employee Benefits has said.

07 May 2014

> More

Image for FTSE 350 pension scheme deficits reach 12-month high

FTSE 350 pension scheme deficits reach 12-month high

Monique Simpson
UK pension scheme deficits reached a 12-month high of £111bn in April, according to research from Mercer.

07 May 2014

> More

Image for Not just another Bond story...

Not just another Bond story...

Iain North
"Like baseball, the playing field going forward will be based more upon hard work rather than artificial forces," says Aurum Funds' Iain North as he discusses the global bond market.

02 May 2014

> More

Image for Royal Mail has best funded pension scheme of FTSE 100

Royal Mail has best funded pension scheme of FTSE 100

Monique Simpson
The Royal Mail Group has the best funded company pension scheme within the FTSE 100 index, JLT has said.

01 May 2014

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Image for PwC urges Government to scrap state pension age

PwC urges Government to scrap state pension age

Monique Simpson
The UK Government should scrap the state pension age and should replace it with a state pension window, PricewaterhouseCooper (PwC) has urged.

29 April 2014

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Image for BVK hires global REITs manager

BVK hires global REITs manager

Monique Simpson
German pension fund BVK has appointed Principal Global Investors (PGI) to manage its global real estate investment trusts (REITs) portfolio.

29 April 2014

> More

Image for Conference season for pensions

Conference season for pensions

Kevin Burge
Spence & Partner's Kevin Burge talks about the start of the conference season for pensions, and how quickly the agendas had to be changed in light of the Chancellor's Budget.

28 April 2014

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Image for DWP warns independent Scotland will face "more acute" pension costs

DWP warns independent Scotland will face "more acute" pension costs

Monique Simpson
An independent Scotland would face additional financial pressures paying for an aging population than if it remained in the UK, the Department for Work and Pensions (DWP) has warned.

25 April 2014

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Image for TPR issues auto-enrolment non-compliance warning to employers

TPR issues auto-enrolment non-compliance warning to employers

Monique Simpson
The Pensions Regulator (TPR) has warned that employers that are struggling to meet their auto-enrolment duties should alert the organisation sooner rather than later.

24 April 2014

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Image for Firms should adopt broader approach when segmenting employee communications

Firms should adopt broader approach when segmenting employee communications

Monique Simpson
Employers should think more broadly when approaching segmentation in their employee communications, a pensions specialist has said.

24 April 2014

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Image for Emerging Markets Fixed Income in 2014 – A Constructive View for the Discriminating Eye

Emerging Markets Fixed Income in 2014 – A Constructive View for the Discriminating Eye

Ehsan Iraniparast
Payden & Rygel's Ehsan Iraniparast weighs up the pros and cons of emerging markets fixed income in 2014.

17 April 2014

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Image for PPF hires six global real estate managers

PPF hires six global real estate managers

Monique Simpson
The Pension Protection Fund (PPF) has appointed six investment managers to oversee a real estate mandate.

16 April 2014

> More

Image for DC schemes need to revise investment options

DC schemes need to revise investment options

Monique Simpson
Defined contribution (DC) pensions schemes will need to reconsider the investment options offered and the default funds used following the Budget 2014 changes, Mercer has said.

16 April 2014

> More

Image for Pensions industry supports increased flexibility for DB members

Pensions industry supports increased flexibility for DB members

Monique Simpson
Two-thirds of pensions professionals said that the same flexibility offered to defined contribution (DC) schemes should be extended to defined benefit (DB) scheme members, Aon Hewitt has said.

15 April 2014

> More

Image for Longevity on the rise

Longevity on the rise

Andrew Slater
"The subject of longevity has unduly taxed the actuarial profession," says RisCura's Andrew Slater as he asks why forecasting mortality has been so difficult.

10 April 2014

> More

Image for LGPS funds receive legal advice about tobacco divestment

LGPS funds receive legal advice about tobacco divestment

Monique Simpson
Local Government Pension Funds may take into consideration the public health implications of tobacco investment, as long as the replacement assets are able to deliver the same financial returns.

10 April 2014

> More

Image for Pension guidance already offered by most FTSE 100 companies

Pension guidance already offered by most FTSE 100 companies

Monique Simpson
Most FTSE 100 employers already offer retirement guidance while FTSE 250 companies are less likely to offer support, Towers Watson has found.

10 April 2014

> More

Image for Scheme deficits increase over March

Scheme deficits increase over March

Monique Simpson
The aggregate deficit of the 6,150 schemes within the Pension Protection Fund (PPF) 7800 index rose to £70bn over March 2014.

09 April 2014

> More

Image for Good DC governance requires more trustee control

Good DC governance requires more trustee control

Monique Simpson
Trustees should take more control and rely less on their providers to ensure good governance of their defined contribution (DC) schemes, a consultant has urged.

09 April 2014

> More

Image for Pension liberation made legal?

Pension liberation made legal?

Ian Neale
"It might look like a juicy bone the Government has tossed us, but is it as simple as presented?" asks Aries' Ian Neale as he dissects the Budget.

07 April 2014

> More

Image for FTSE350 DB pension deficits remain around £100bn

FTSE350 DB pension deficits remain around £100bn

Adrian Hartshorn
FTSE350 defined benefit (DB) pension deficits have remained steady around the £100bn level since September 2013, Mercer has said.

07 April 2014

> More

Image for TPR opens investigations into scheme record-keeping

TPR opens investigations into scheme record-keeping

Monique Simpson
Seven case investigations into scheme record-keeping have been opened by The Pensions Regulator (TPR) following its thematic review.

01 April 2014

> More

Image for PPF selects new assessment period panel

PPF selects new assessment period panel

Monique Simpson
Six firms have been appointed to the Pension Protection Fund's (PPF) newly created Assessment Period Legal Panel (APLP).

01 April 2014

> More

Image for DWP announces pensions charge cap

DWP announces pensions charge cap

Monique Simpson
The Department for Work and Pensions (DWP) has announced that it will introduce a 0.75% cap on charges for default funds of all qualifying pension schemes.

28 March 2014

> More

Image for EU publishes revised pensions directive proposals

EU publishes revised pensions directive proposals

Monique Simpson
The European Union has published proposals to update the rules for occupational pension funds in Europe.

27 March 2014

> More

Image for Shaping the outcome of the pensions revolution

Shaping the outcome of the pensions revolution

Neil Copeland
Spence & Partner's Neil Copeland discusses the ramifications of George Osborne's pensions revolution and says that the most difficult part of the process is yet to come.

27 March 2014

> More

Image for "Guidance guarantee" proposal creates tight timeframe for DC trustees

"Guidance guarantee" proposal creates tight timeframe for DC trustees

Monique Simpson
The Government's Budget has created a timeframe nightmare for defined contribution (DC) trustees, Pitmans Trustees Ltd (PTL) has said.

25 March 2014

> More

Image for Budget changes should not affect opportunities in bulk annuities

Budget changes should not affect opportunities in bulk annuities

Monique Simpson
Bulk annuities remain a good option for pension schemes despite the announcement on annuities in last week's Budget, Aon Hewitt has said.

25 March 2014

> More

Image for Norcros Security Plan hires actuary

Norcros Security Plan hires actuary

Monique Simpson
The Norcros Security Plan has appointed Buck Consultants as an actuary for its £400m defined benefit (DB) scheme.

25 March 2014

> More

Image for The mortgage/pension conundrum

The mortgage/pension conundrum

Peter Nicholas
Pensions should be seen as a tool for wealth creation, says AHC's managing director Peter Nicholas as he breaks down the mortgage/pension conundrum that savers face.

21 March 2014

> More

Image for PFZW enters into risk sharing deal with Rabobank

PFZW enters into risk sharing deal with Rabobank

Monique Simpson
Pensioenfonds Zorg en Welzijn (PFZW) has entered into a risk sharing transaction with Rabobank concerning a portfolio of corporate loans to help stimulate the Dutch economy.

20 March 2014

> More

Image for Budget 2014: industry reactions

Budget 2014: industry reactions

Monique Simpson
Here are a variety of views regarding the surprising pension changes during announcement by Chancellor George Osborne.

19 March 2014

> More

Image for Budget 2014: Osborne announces "radical" changes to pensions

Budget 2014: Osborne announces "radical" changes to pensions

Monique Simpson
Chancellor George Osborne announced a set of changes to pensions in this year's Budget to make saving more of an attractive option.

19 March 2014

> More

Image for DWP appoints TPR chairman

DWP appoints TPR chairman

Monique Simpson
The Department for Work and Pensions (DWP) has announced that Mark Boyle has been appointed as the chair of The Pensions Regulator (TPR).

19 March 2014

> More

Image for Santander UK scheme hires pension administrator

Santander UK scheme hires pension administrator

Monique Simpson
The trustee of the Santander (UK) Group Pension Scheme has hired JLT as a pension administrator for its defined contribution (DC) and defined benefit (DB) schemes.

18 March 2014

> More

Image for A 'do' and a 'don't' for Mr Osborne

A 'do' and a 'don't' for Mr Osborne

Alan Collins
Ahead of Wednesday's Budget, Spence & Partners' Alan Collins sets out his suggestions for Chancellor George Osborne regarding pensions.

17 March 2014

> More

Image for Budget 2014 can help revive occupational pensions, says NAPF

Budget 2014 can help revive occupational pensions, says NAPF

Monique Simpson
Next week's Budget is a "golden opportunity" for the Government to support pension schemes and savers through a package of measures to help meet its objective to 'reinvigorate occupational pensions', the National Association of Pension Funds (NAPF) has said.

14 March 2014

> More

Image for UK Government should focus on flexible DB schemes

UK Government should focus on flexible DB schemes

Monique Simpson
The UK Government should focus on revising current regulations to allow existing defined benefit (DB) and defined contribution (DC) schemes to be more flexible rather than attempt to create a new regime, Mercer has said.

14 March 2014

> More

Image for TPR urges employers to check when auto-enrolment affects them

TPR urges employers to check when auto-enrolment affects them

Monique Simpson
Small and medium employers should find our when their new workplace pensions duties begin, The Pensions Regulator (TPR) has said.

11 March 2014

> More

Image for Church of England fund secures £100m buy-in

Church of England fund secures £100m buy-in

Monique Simpson
The Church of England Pensions Board has completed a £100m buy-in with Prudential.

11 March 2014

> More

Image for Pension schemes remain exposed to interest-rate risk

Pension schemes remain exposed to interest-rate risk

Monique Simpson
UK pension schemes are still running too much interest-rate risk, Aon Hewitt has warned.

11 March 2014

> More

Image for NAPF hires head of external affairs

NAPF hires head of external affairs

Monique Simpson
The National Association of Pension Funds (NAPF) has appointed a new head of external affairs.

11 March 2014

> More

Image for I love annuities!

I love annuities!

John Reeve
"Before we kill the annuity market let's consider that it's not the annuity that is wrong," says Premier's John Reeve as he rebuffs the negative press coverage of annuities.

07 March 2014

> More

Image for GeoPost secures £30m buy-in with PIC

GeoPost secures £30m buy-in with PIC

Monique Simpson
The trustees of GeoPost UK Limited Pension Scheme have completed a £30m buy-in with Pension Insurance Corporation (PIC).

05 March 2014

> More

Image for Draft EU directive to change 'fully funded' requirement for cross-border schemes

Draft EU directive to change 'fully funded' requirement for cross-border schemes

Monique Simpson
The European Union could soon remove the requirement that defined benefit (DB) plans must be 'fully funded at all times' if they operate in more than one EU member state, Towers Watson has said.

05 March 2014

> More

Image for DB and DC schemes remain satisfied with investment consultants

DB and DC schemes remain satisfied with investment consultants

Monique Simpson
Over 80% of both defined benefit (DB) and defined contribution (DC) schemes would recommend their investment consultancy to a scheme with similar needs, the National Association of Pension Funds (NAPF) has found.

05 March 2014

> More

Image for DB deficits decrease over the year

DB deficits decrease over the year

Monique Simpson
UK private sector defined benefit (DB) scheme assets have improved by £18bn over the year due to the performance of equities.

04 March 2014

> More

Image for Employers prioritise market competitiveness in DC pension provision

Employers prioritise market competitiveness in DC pension provision

Monique Simpson
Most employers provide a defined contribution (DC) scheme to ensure the employer competes in the market, rather than ensure their employees have an adequate income retirement, Towers Watson has revealed.

04 March 2014

> More

Image for The auto enrolled, defined ambition, small pot, collective design pension scheme?

The auto enrolled, defined ambition, small pot, collective design pension scheme?

Monique Simpson
"It is very hard to accept that the industry in which I work is a mess, but it is and unless there is a concerted effort by us all it will not get any better," says Spence & Partners' Kevin Burge.

03 March 2014

> More

Image for Mortality rate differences cause global firms to underestimate pension liabilities

Mortality rate differences cause global firms to underestimate pension liabilities

Monique Simpson
Global FTSE 100 companies are underestimating their pension liabilities by tens of billions of Euros, a report by LCP has found.

21 February 2014

> More

Image for Go easy on Bank of England Governor Mark Carney

Go easy on Bank of England Governor Mark Carney

Jeffrey Cleveland
"The press loves stories of forecast failures – especially at the expense of central banks. But dwelling on soothsaying errancy misses the point," says Payden & Rygel's Jeffrey Cleveland.

21 February 2014

> More

Image for Brakes Final Salary Pension Scheme hires fiduciary manager

Brakes Final Salary Pension Scheme hires fiduciary manager

Monique Simpson
Trustees of the Brakes Final Salary Pension Scheme have hired Cardano as a fiduciary manager for the scheme.

19 February 2014

> More

Image for Rothesay Life acquires MetLife Assurance

Rothesay Life acquires MetLife Assurance

Monique Simpson
Pensions insurance provider Rothesay Life will acquire MetLife Assurance.

18 February 2014

> More

Image for Decline of DB schemes is a global phenomenon

Decline of DB schemes is a global phenomenon

Monique Simpson
The "death" of defined benefit (DB) schemes has become a global phenomenon as companies struggle to tackle legacy liabilities, PricewaterhouseCoopers (PwC) has said.

18 February 2014

> More

Image for Employers should consider collective DC ahead of 2016 changes

Employers should consider collective DC ahead of 2016 changes

Monique Simpson
UK employers should start considering collective defined contribution (CDC) as a viable arrangement ahead of the end of contracting-out in 2016, Aon Hewitt has said.

18 February 2014

> More

Image for DWP maintains protected status of former public schemes

DWP maintains protected status of former public schemes

Monique Simpson
The Department of Work and Pensions (DWP) has decided to maintain the protected status of defined benefit (DB) schemes in formerly nationalised industries.

14 February 2014

> More

Image for OFT selects board to oversee DC scheme audit

OFT selects board to oversee DC scheme audit

Monique
The Office of Fair Trading (OFT) has appointed a panel of experts to oversee the audit of high cost and legacy defined contribution (DC) schemes.

14 February 2014

> More

Image for Less is more

Less is more

Petri Greeff
"Too much choice is not a good thing," says RisCura's Petri Greeff as he discusses the dangers of being spoilt for choice in defined contribution (DC) schemes.

14 February 2014

> More

Image for The Pensions Trust selects alternatives manager

The Pensions Trust selects alternatives manager

Monique Simpson
The Pensions Trust has hired BlackRock to build a £100m portfolio of alternative investments and credit securities to help its long-dated inflation-linked liabilities.

13 February 2014

> More

Image for Irish actuaries urge Government to introduce mandatory pensions

Irish actuaries urge Government to introduce mandatory pensions

Monique Simpson
The Irish Government should develop a mandatory pension system over the next five years, rather than introduce a "soft mandatory" approach such as auto-enrolment, a group of actuaries have urged.

12 February 2014

> More

Image for PPF 7800 deficits increase over January

PPF 7800 deficits increase over January

Monique Simpson
The aggregate deficit of defined benefit (DB) schemes within the Pension Protection Fund (PPF) 7800 index increased by £48.9bn over January 2014.

11 February 2014

> More

Image for ICAEW secures medically underwritten buy-in

ICAEW secures medically underwritten buy-in

Monique Simpson
The Institute of Chartered Accountants Staff Pension Fund has completes a £24m medically underwritten buy-in with an undisclosed insurer.

11 February 2014

> More

Image for Independence and Bust?

Independence and Bust?

Monique Simpson
"When it comes to pensions, Scotland might be better off outside the EU," says Aries' Ian Neale as he considers Scotland's possible independence.

07 February 2014

> More

Image for UK pension assets hit record high in 2013

UK pension assets hit record high in 2013

Monique Simpson
UK institutional pension fund assets grew over 13% during 2013, hitting an all-time high of over £2trn, Towers Watson has said.

05 February 2014

> More

Image for Scottish Government still needs to answer key questions on pensions

Scottish Government still needs to answer key questions on pensions

Monique Simpson
The Scottish Government needs to do more to clarify its position on the details of how pensions will be provided in an independent Scotland, the Institute of Chartered Accountants of Scotland (ICAS) has said.

05 February 2014

> More

Image for Regulatory change in pensions is too much, too soon, says NAPF

Regulatory change in pensions is too much, too soon, says NAPF

Monique Simpson
The pensions sector in the UK is facing a "capacity crunch" due to the pace and volume of regulatory change, the National Association of Pension Funds (NAPF) has found.

05 February 2014

> More

Image for Fondenergia hires Societe Generale Securities Services

Fondenergia hires Societe Generale Securities Services

Monique Simpson
Italian pension fund Fondenergia has appointed Societe Generale Securities Services (SGSS) to act as its depositary bank.

04 February 2014

> More

Image for Industry group to tackle pension liberation scams

Industry group to tackle pension liberation scams

Monique Simpson
An industry group of trustees, administrators, legal advisors, insurers, regulators and consumer representatives has formed to tackle the growing problem of pension liberation scams.

04 February 2014

> More

Image for FTSE 100 pension schemes continue to shift equities into bonds

FTSE 100 pension schemes continue to shift equities into bonds

Monique Simpson
FTSE 100 companies pension schemes are continuing the shift from equities into bonds despite the recent rally in the equity market, JLT Employee Benefits (JLT EB) has found.

04 February 2014

> More

Image for Staying on course with your journey plan

Staying on course with your journey plan

Monique Simpson
Designing your funding plan is like setting off on a transatlantic voyage by boat, says Spence & Partners' Marian Elliott.

31 January 2014

> More

Image for Storebrand excludes ten more coal companies

Storebrand excludes ten more coal companies

Monique Simpson
Norwegian pension fund Storebrand has excluded ten companies in the utilities sector as a result of a decision to further reduce its investments in coal.

29 January 2014

> More

Image for £100bn capacity available for longevity swap market

£100bn capacity available for longevity swap market

Monique Simpson
A "significant" increase in the number of longevity swaps will take place during 2014 and 2015 as a result of additional capacity and better pricing from the reinsurance market, Aon Hewitt has said.

29 January 2014

> More

Image for Somerfield Pension Scheme selects custodian

Somerfield Pension Scheme selects custodian

Monique Simpson
Somerfield Pension Scheme has hired BNY Mellon to provide custodial and investment accounting services for the £800m scheme.

29 January 2014

> More

Image for Partnership Assurance completes £33m buy-in with unnamed scheme

Partnership Assurance completes £33m buy-in with unnamed scheme

Monique Simpson
Partnership Assurance has completed a £33m medically underwritten buy-in with the trustees of an undisclosed pension plan.

27 January 2014

> More

Image for BT and BBC schemes top responsible investment table

BT and BBC schemes top responsible investment table

Monique Simpson
The BT and BBC pension schemes have the best occupational schemes in the UK for responsible investment, a charity has found.

27 January 2014

> More

Image for Auto-enrolment: investing in engagement

Auto-enrolment: investing in engagement

Peter Nicholas
"As a smaller employer, I see engagement as an investment, rather than an expense," says AHC's Peter Nicholas as he discusses this year's focus for SMEs: auto-enrolment.

24 January 2014

> More

Image for DWP confirms pensions charge cap delay

DWP confirms pensions charge cap delay

Monique Simpson
The pensions industry has largely welcomed the Government's announcement that any cap on charges will not be introduced before April 2015.

24 January 2014

> More

Image for Avon Pension Fund selects emerging markets equity manger

Avon Pension Fund selects emerging markets equity manger

Monique Simpson
Bath and North East Somerset Council has appointed Unigestion to manage a £165m mandate for the Avon Pension Fund.

23 January 2014

> More

Image for Fiduciary duties should be clarified, not codified, says NAPF

Fiduciary duties should be clarified, not codified, says NAPF

Monique Simpson
Fiduciary duties in pension scheme management should be further clarified through guidance, rather than through statute, the National Association of Pension Funds (NAPF) has said.

23 January 2014

> More

Image for Greater transparency needed for fiduciary management fees

Greater transparency needed for fiduciary management fees

Monique Simpson
The fees charged by fiduciary managers need to be more transparent, Aon Hewitt has argued.

22 January 2014

> More

Image for Barriers cause schemes to miss opportunities to de-risk

Barriers cause schemes to miss opportunities to de-risk

Monique Simpson
A lack of quick access to accurate information is causing pension schemes to miss opportunities to reduce their risk, PricewaterhouseCoopers (PwC) has found.

21 January 2014

> More

Image for Pension fund trustees should focus on scheme specific objectives

Pension fund trustees should focus on scheme specific objectives

Monique Simpson
Trustees should focus on pro-active strategies, rather than judging their own situation on non-fund-specific judgements or in comparison to other schemes, a pension consultant has said.

21 January 2014

> More

Image for Pensions industry welcomes delay in pensions cap charge

Pensions industry welcomes delay in pensions cap charge

Monique Simpson
The Government's decision to delay the introduction of the pensions charge cap has been welcomed by the industry.

17 January 2014

> More

Image for FRC warns companies over classifying pension liabilities as equities

FRC warns companies over classifying pension liabilities as equities

Monique Simpson
Companies should not enter into arrangements that turn pension obligations into equity instruments in their accounts, the Financial Reporting Council (FRC) has warned.

17 January 2014

> More

Image for BACB scheme completes first tendered underwritten buy-in

BACB scheme completes first tendered underwritten buy-in

Monique Simpson
The Trustees of the British Arab Commercial Bank (BACB) Pension Scheme have completed a medically underwritten buy-in contract for £12m with Partnership.

15 January 2014

> More

Image for Devon Pension Fund invests in infrastructure fund

Devon Pension Fund invests in infrastructure fund

Monique Simpson
Devon County Council Pension Fund has announced that it is committing to invest £40m in Aviva Investors' returns enhancing and liability matching (REaLM) strategies, as part of a recent increase in allocation to infrastructure investments.

15 January 2014

> More

Image for Deficits decrease for UK DB schemes

Deficits decrease for UK DB schemes

Monique Simpson
The aggregate deficit of more than 6,000 UK defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 index decreased by £32.1bn over December 2013.

15 January 2014

> More

Image for PensionDanmark invests in new climate investment fund

PensionDanmark invests in new climate investment fund

Monique Simpson
PensionDanmark has announced that it is investing DKK200m in the Danish Climate Investment Fund.

14 January 2014

> More

Image for JLT completes £85m buy-in with Prudential

JLT completes £85m buy-in with Prudential

Monique Simpson
The Jardine Lloyd Thompson (JLT) UK Group Pension Scheme has completed a further £85m buy-in contract with Prudential.

14 January 2014

> More

Image for GSK appoints investment advisor

GSK appoints investment advisor

Monique Simpson
The trustees of GlaxoSmithKline's (GSK) pension fund have appointed Cardano as the investment advisor for the scheme.

14 January 2014

> More

Image for Making retirement work

Making retirement work

Monique Simpson
"The capability to meet people's needs is not there", says Aries' Ian Neale as he discusses the current state of the annuity market.

10 January 2014

> More

Image for PGGM divests from five Israeli banks

PGGM divests from five Israeli banks

Monique Simpson
PGGM has decided to divest from five Israeli banks because they are involved in financing Israeli settlements in the occupied Palestinian territories, the Dutch pension fund manager has said.

09 January 2014

> More

Image for State pension reforms must go further and faster, argues think-tank

State pension reforms must go further and faster, argues think-tank

Monique Simpson
The Government must accelerate the introduction of a later retirement age and urgently reform labour market regulations to enable people to work longer, the Institute of Economic Affairs (IEA) has said.

09 January 2014

> More

Image for Royal Shakespeare Theatre Pension Scheme appoints fiduciary manager

Royal Shakespeare Theatre Pension Scheme appoints fiduciary manager

Monique Simpson
Trustees of the Royal Shakespeare Theatre Pension Scheme have appointed P-Solve as a fiduciary manager.

08 January 2014

> More

Image for PIC invests in second Manchester PFI bond

PIC invests in second Manchester PFI bond

Monique Simpson
Pension Insurance Corporation (PIC) has invested £74m in a PFI project to enable Manchester City Council to begin a regeneration scheme.

07 January 2014

> More

Image for UK pension scheme deficits increase over 2013

UK pension scheme deficits increase over 2013

Monique Simpson
The FTSE 350 pension scheme accounting deficits increased by over £25bn over 2013, despite higher contributions from employers and strong UK stock market returns.

07 January 2014

> More

Image for LPFA appoints new CEO

LPFA appoints new CEO

Monique Simpson
The London Pensions Fund Authority (LPFA) has appointed a new chief executive officer (CEO).

06 January 2014

> More

Image for Hozelock pension scheme appoints Aon Hewitt

Hozelock pension scheme appoints Aon Hewitt

Monique Simpson
The Hozelock Limited Pension and Assurance Scheme has hired Aon Hewitt to provide actuarial, investment and pensions management services.

06 January 2014

> More

Image for PRI to appoint independent advisor for governance review

PRI to appoint independent advisor for governance review

Monique Simpson
The Principles for Responsible Investment (PRI) Initiative is planning to appoint an external independent advisor to review the organisation's governance.

06 January 2014

> More

Image for Quality data should be the foundation of the pensions industry

Quality data should be the foundation of the pensions industry

Mark Johnson
"Without good quality data, the industry cannot seek to improve accuracy and efficiency in any area of work carried out," says Spence & Partners' Mark Johnson.

18 December 2013

> More

Image for Auto-enrolment passes two million landmark

Auto-enrolment passes two million landmark

Monique Simpson
More than two million workers have begun saving into a workplace pensions scheme as a result of auto-enrolment, The Pensions Regulator (TPR) has said.

18 December 2013

> More

Image for AstraZeneca secures £2.5bn longevity swap

AstraZeneca secures £2.5bn longevity swap

Monique Simpson
The AstraZeneca Pension Fund Trustee has secured a £2.5bn longevity swap with Deutsche Bank.

17 December 2013

> More

Image for Danish pension funds leave PRI organisation

Danish pension funds leave PRI organisation

Monique Simpson
Six Danish pension funds have decided to leave the private organisation behind the UN-backed Principles for Responsible Investment (PRI).

17 December 2013

> More

Image for Improved funding levels for UK schemes

Improved funding levels for UK schemes

Monique Simpson
UK pension scheme funding level improved "significantly" during the second and third quarters of 2013 with more than 40% of schemes survey seeing triggers activated by improving investment returns, Aon Hewitt has found.

17 December 2013

> More

Image for Local council hires global equity managers

Local council hires global equity managers

Monique Simpson
The London Borough of Bromley Pension Fund has appointed three global equity investment managers.

17 December 2013

> More

Image for "So here it is merry Christmas, Everybody's having fun"

"So here it is merry Christmas, Everybody's having fun"

Jeffrey Cleveland
Slade's Christmas hit in 1973 prompts Payden & Rygel's Jeffrey Cleveland to think about how we will remember 2013 from an investment perspective.

16 December 2013

> More

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