Latest news and analysis of pensions, asset management, regulation and trends in the United Kingdom from our award-winning journalists.
UK pensions are at a crucial juncture. The UK Parliament’s inquiry into the LDI crisis of September 2022 shed some light on its causes, but the debate on the role of LDI is alive and well. Meanwhile, regulators including The Pensions Regulator and the Financial Conduct Authority have advised pension schemes on how to make LDI strategies more resilient to shocks.
Pension fund/entity | Assets (€’000)
©IPE Research; See IPE’s Top 1000 Pension Funds for the full ranking
Sources: Pension assets - IPE research; Occupational pension assets as % of GDP - OECD June 2022; Working population, data as of end 2021 - World Bank; Projected old-age dependency ratio 2050 per 100 people - Eurostat 2021; gross average replacement rate - OECD Pensions at a Glance, 2021; Asset Allocation - OECD Pension Funds in Fugures, June 2022
One question which has arisen from greater fund scrutiny is the risk of asset managers being reluctant to speak openly about the sustainability of their products, says Cerulli Associates
The pool is making cost savings of £41m per year
Deficits for well-funded schemes could increase by £4m per £100m of liabilities
This is the first transaction from PPF assessment for Clara-Pensions
UK regulator expects trustees of pension funds with less than £100m in assets to undertake a more detailed assessment of value for members than larger schemes
Company | Assets (€m)
As at 31.12.22, *28.2.23, **31.3.23
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IPE BEST PENSION FUND IN THE UK AWARD WINNERS
The evidence for global temperatures rises caused by human emissions of greenhouse gasses (GHGs) has become overwhelming. That means there will have to be a huge adaptation by human societies across the globe to the reality of significant climate changes in the next few decades.
One question which has arisen from greater fund scrutiny is the risk of asset managers being reluctant to speak openly about the sustainability of their products, says Cerulli Associates
The pool is making cost savings of £41m per year
Deficits for well-funded schemes could increase by £4m per £100m of liabilities
This is the first transaction from PPF assessment for Clara-Pensions
UK regulator expects trustees of pension funds with less than £100m in assets to undertake a more detailed assessment of value for members than larger schemes
The transaction is expected to lead to a Part VII transfer of underlying assets and policy liability next year
£7.3bn of public capital has been proposed for the opposition party’s envisaged National Wealth Fund
FCA, PRA and TPR will work together to manage potential risk and support the development of a more positive ecosystem for UK investment
This is a third buy-in completed by a pension scheme sponsored within Liverpool Victoria
In response to regulatory changes, Isio launched purposeful run-on framework to help schemes invest beyond full funding on a buyout basis