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Image for Consolidate pension funds and take advantage of British infrastructure, says Canadian pensions boss

Consolidate pension funds and take advantage of British infrastructure, says Canadian pensions boss

The head of one of the world's largest pension funds, the Canadian Pension Plan Investment Board (CPPIB), today called upon UK-based pension funds to consolidate in order to "build funds of sufficient scale and capability to become true long-horizon investors".

17 May 2012

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Image for Pensions workgroup launches public consultation on new Code of Conduct on DC charges

Pensions workgroup launches public consultation on new Code of Conduct on DC charges

A pensions workgroup set up by the National Association of Pension Funds (NAPF) today launched a public consultation seeking views on the parameters of a new defined contribution (DC) Code of Conduct on charges.

16 May 2012

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Image for Mandate Round-Up: CalSTRS selects private equity consultant

Mandate Round-Up: CalSTRS selects private equity consultant

This mandate round-up includes: GES Investment Services, Strathclyde Pension Fund, Gartmore Group pension scheme, Pension Insurance Corporation (PIC), Pension Consulting Alliance and CalSTRS.

11 May 2012

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Image for Tesco to manage own pension scheme in bid to up returns

Tesco to manage own pension scheme in bid to up returns

Tesco, one of the world's largest retailers, says it will manage its own pension scheme - one of the largest final salary schemes in the UK - in order to maximise returns and become independent of consultants.

11 May 2012

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Image for PMI partners with Aberdeen Asset Management to extend advice on Emerging Markets

PMI partners with Aberdeen Asset Management to extend advice on Emerging Markets

The Pensions Management Institute (PMI) and Aberdeen Asset Management announced that they will join forces in an expert partnership in order to deliver high quality information and guidance to the industry about investing in emerging markets.

11 May 2012

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Image for DB pension schemes in UK see total deficit increase with £100bn

DB pension schemes in UK see total deficit increase with £100bn

The UK's defined benefit (DB) private pension schemes saw their accumulated deficit grow nearly two-fold in the last year, figures released by JLT Pension Capital Strategies (PCS) revealed.

11 May 2012

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Image for Queen announces pension reforms from 2013

Queen announces pension reforms from 2013

A new flat-rate state pension and a system to automatically increase the retirement age have been announced in the Queen's speech.

09 May 2012

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