COOKIES: We use cookies to give you the best experience on our website. You can see our cookie policy here. Please click agree to remove this message.

Sections

UK

Westminster, London

UK election: What the manifestos say

Tue, 23 May 2017By

The Conservatives, Labour, and the Liberal Democrats have laid out their pension policies for the 8 June poll

Veolia plant, US

Veolia trustees appoint Schroders to fiduciary management mandate

Tue, 23 May 2017By IPE Staff

Mandate for energy and waste management firm’s largest UK DB schemes

Canterbury Cathedral

Global equities help Church Commissioners to 'stellar' 17.1% return

Mon, 22 May 2017By

Private equity, private credit and timberland among top performers

Solar panels

Asset management roundup: Gresham House buys 'new energy' infrastructure manager

Fri, 19 May 2017By IPE Staff

Plus: UK campaign group rejects Investment Association cost disclosure code

London eye

Mandate roundup: NEST makes 'strategic' high yield bond move

Thu, 18 May 2017By IPE Staff

Also: Italy’s Fondo Pensione PRIAMO hires BNP Paribas for custody services

EU flag

Local government pension funds ‘confident’ over MiFID II outcome

Wed, 17 May 2017By

UK public pension funds expected to avoid issues over investor status

Tata Steel plant in Workington, UK

British Steel agrees restructuring deal 'in principle' with TPR, PPF

Tue, 16 May 2017By

Deal will include £550m settlement and involve scheme taking 33% equity stake in Tata Steel UK

Councillor Roger Phillips, chair of the LGPS Advisory Board

UK public pensions launch investment cost transparency drive

Tue, 16 May 2017By

LGPS seeks to address costs by adopting Investment Association’s transparency model

Sterling

Dividends vs deficits: UK regulator wants DB shortfalls addressed

Tue, 16 May 2017By

Willis Towers Watson highlights TPR’s focus on where cash is being spent

The Houses of Parliament, London

PLSA challenges government over DB affordability

Mon, 15 May 2017By

Trade body highlights 3m members of high-risk schemes with just 50% chance of solvency

Gavel

UK public fund to sue Chilean chemicals company

Mon, 15 May 2017By

Tyne & Wear pension scheme claims losses of $4.4m due to ‘securities violations’

London phonebox

UK roundup: Labour party reveals pension policies in manifesto

Fri, 12 May 2017By

Also: FTSE 100 companies cutting contributions due to tax rules, and Tullett Prebon secures £270m buyout

Andrew Warwick-Thompson

UK regulator’s policy chief to lead £40bn public pension pool

Thu, 11 May 2017By

Andrew Warwick-Thompson to join LGPS Central in July

Monetary policy and currency wars index

DC schemes urged to consider currency hedging

Thu, 11 May 2017By

Sterling’s fall means trustees should now weigh strategic currency hedge, says Aon

Royal Mail to close DB scheme in 2018

UK roundup: Royal Mail pension costs, Standard Life-Aberdeen merger latest

Wed, 10 May 2017By IPE Staff

Defined benefit aggregate shortfall increased by 8.4% during April

Gavel

Nortel UK scheme to receive £1bn after 'groundbreaking' legal win

Tue, 9 May 2017By

Pension scheme weeks away from first tranche after eight-year battle

ExxonMobil under pressure from Church Commissioners

ESG roundup: UK schemes challenged on climate risk action

Tue, 9 May 2017By

Global institutional investors call for action from G7; UK local government schemes challenged on climate risk stance

Ruston Smith, Tesco Pension Scheme

Ruston Smith steps down from Tesco roles

Mon, 8 May 2017By

Former NAPF chair moves to non-executive roles at supermarket’s pension fund and in-house asset manager

Pounds sterling

UK scheme surplus rules causing concern for sponsors: KPMG

Fri, 5 May 2017By

Poll of pension scheme sponsors finds average discount rate has hit negative level after inflation

All Latest UK News

Pensions In UK: Of Brexit, deficits and LDI

September 2016 (Magazine)By

With a potential Brexit in sight, Carlo Svaluto Moreolo asks whether the assumptions underlying liability-driven investment (LDI) need to be reconsidered 

Liquidity warnings

September 2016 (Magazine)By

Regulation is constraining pension funds’ ability to manage risk and they should prepare for future illiquidity

Pensions Accounting: Managing change

September 2016 (Magazine)By

UK defined-benefit deficits are ballooning. The Brexit vote might initiate behavioural change, Stephen Bouvier writes

DC Income Strategies: Another egg in the NEST?

September 2016 (Magazine)By

As the UK government consults on whether NEST should be allowed to enter the drawdown market, Jonathan Williams examines the arguments for and against its entry, and what the fund can learn from Australia

Diversified Growth Funds: Diffusing the risk

September 2016 (Magazine)

Katherine Lynas and Adam Gillespie point out that strong diversified growth funds distinguish themselves in performance terms at times of heightened market stress

All Pensions in UK

ice floes climate change

IFoA pushes environmental issues higher up actuarial agenda

Tue, 16 May 2017By

UK actuarial association issues ‘Risk Alert’ on climate change

Pounds sterling

UK scheme surplus rules causing concern for sponsors: KPMG

Fri, 5 May 2017By

Poll of pension scheme sponsors finds average discount rate has hit negative level after inflation

ice floes climate change

Companies bow to pressure group over climate-change disclosures

Wed, 3 May 2017By

Regulator criticised for lack of transparency over negotiations with two oil and gas companies

Transition problems

May 2017 (Magazine)By

The travails of defined benefit pension schemes and insurers are well known as they seek to meet liabilities made in previous decades in today’s ultra-low-rate environment

Creative destruction is needed

May 2017 (Magazine)By

The current vogue for optimism about the prospects for the developed economies is overdone. There may be a slight cyclical upturn but its significance is limited

All News and Opinions

  • Letter from Brussels: A warm reception for PEPP

    In contrast to complaints that Brussels’s legislation burdens the financial sector, the European Commission may be gratified by the positive response to its flagship Capital Markets Union (CMU) programme. 

  • Letter from Brussels: Brexit and equivalence

    Nothing could be clearer. For the financial sector, at least, there is nothing to fear from Brexit. All the UK has to do is to apply to the EU’s rules – the crucial term ‘equivalence’

  • Letter from Brussels: Resaver’s first stage kicks off

    The European Commission’s project to set up a pension scheme for research and development professionals whose careers take them across EU borders has finally reached its first stages of operation.

  • Letter from Brussels: Unclear on clearance

    The prolongation for 18 months of pension funds’ exemption from posting collateral when trading over-the-counter (OTC) derivatives is leading PensionsEurope to seek clarification. 

  • Letter from Brussels: EU focus on tax tricks

    There is increasing attention in Brussels on company reporting, taxation and offshore financial centres. The G20 and some OECD countries have demanded country-by-country reporting rules for multinational companies with a turnover over €750m

  • Letter from Brussels: Pan-EU private schemes for 2017?

    Legislation proposing pan-EU personal pension products (PEPPs) could be tabled in 2017, according to the European Commission

  • Letter from Brussels: A vision for cross-border workers

    A former director of the European Association of Paritarian Institutions (AEIP) has proposed a new option for occupational pensions that could help the large number of workers whose careers take them across EU internal borders.

  • Letter from Brussels: Weighty in-tray for new CMU commissioner

    Valdis Dombrovskis has assumed responsibility as commissioner in charge of the flagship Capital Markets Union project. But he has also assumed the added complication of the withdrawal of the UK

  • Letter from Brussels: Posted worker woes

    It will not be the first time that proposed revisions to EU rules affecting finance and pensions get stuck in a logjam between interests groups

  • Letter from Brussels: Tax targeting continues

    Pressure to clean up the financial sector has led to copious legislation from Brussels. 

  • Letter from Brussels: Ethical pressures mount

    There are plenty of indicators of rising pressure to advance ethical standards across the financial sector. One outcome takes the form of mountains of clean-up legislation, including from Brussels. 

  • Letter from Brussels: Beefing up the CMU

    Inadequacy of European national court systems in the financial sphere is due for overhaul. Upgrade is necessary if the EU’s capital markets union programme (CMU) is going to get anywhere, according to a high-status paper

  • Letter from Brussels: Race to upgrade EFSI

    Legislative moves to support the EU’s European Fund for Strategic Investments (EFSI) are being rushed through Brussels. But, so far, evidence of any torrent of fund movement by the institutional investment sector across EU frontiers has yet to emerge.

  • Letter from Brussels: A simmering conflict

    Conflict continues to simmer over the issue of passport rights for non-EU-domiciled hedge funds across the EU

  • Letter from Brussels: A lawyer’s feast

    It is a case of tackling one challenge after another in the Capital Markets Union (CMU). According to the European Commission, the present morass of different national insolvency rules creates a barrier to the flow of capital across the EU. 

  • Letter from Brussels: Cross-border challenge for IORP II

    IORP II may have cleared the European Parliament’s committee stage but amendments tabled to the second directive covering occupational pensions since 2003 are so radical that it would be unwise to forecast its future.

  • Letter from Brussels: Focus on low returns

    Dismally low returns on EU pension fund investments over 15 years? The allegation comes in a study by Better Finance, the European Federation of Investors & Financial Services Users. The report, Pensions Savings: The Real Return, points to excessive fees, points to other charges, and badly framed taxation rules, as the culprits.

  • Cayman Islands Sign

    Letter from Brussels: Pressure builds on tax havens

    Brussels’ financial focus is on aggressive corporate tax planning and the related question of tax havens. This concerns the hedge fund ‘passport’ rights to do business across the EU and compliance of the offshore jurisdictions where they are domiciled to EU norms.

  • Letter from Brussels: A tricky path ahead

    The process of making pensions policy in Brussels between now and end of the year resembles two juggernauts moving towards each other

  • Letter from Brussels: Ready with the axe?

    The lack of demand rather than supply for both credit and capital is a common criticism from investors of the EU’s capital market union (CMU) programme

More from Letter from Brussels

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2311

    Asset class: Cash.
    Asset region: OECD.
    Size: EUR 20-200 m.
    Closing date: 2017-05-26.

  • QN-2315

    Asset class: All/Large Cap Equities.
    Asset region: Global Emerging Markets.
    Size: $150m.
    Closing date: 2017-05-29.

  • QN-2316

    Asset class: All/Large Cap Equities.
    Asset region: Global Emerging Markets.
    Size: EUR 200m.
    Closing date: 2017-05-31.

  • QN-2317

    Asset class: All/Large Cap Equities.
    Asset region: Global Emerging Markets.
    Size: EUR 200m.
    Closing date: 2017-05-31.

Begin Your Search Here