IPE's United Kingdom Coverage – Page 21
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NewsUK-listed companies with DB schemes issue 81 profit warnings in 2024
Companies issuing profit warnings could consider DB surplus as a source of cash support
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NewsCitrus Pension Plan picks Russell Investments as implementation partner
Russell Investments will deliver investment strategy across Citrus’s £300m investment portfolio
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NewsDB surplus extraction could boost UK economy but detail will be key
The move could unlock £100bn of value over the next decade
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NewsMajority of trustees support UK surplus extraction plans
FTSE100 companies have £50bn in surplus on low-dependency level, according to LCP
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AnalysisIPE UK Briefing: UK consultations to unlock £80bn from LGPS and DC funds
Plus: DB surplus extraction, a new pensions minister, and NEST takes 10% stake in Australia’s IFM
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NewsPrivate market investments deliver ‘little’ additional value at current fee levels
The People’s Pension suggests ways to reduce fees by more than 60%
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NewsInvestment groups diverge over case for a UK green taxonomy
UKSIF argues in favour of government proceeding, Investment Association says a taxonomy is no longer needed
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NewsSustainability Principles Charter signatories adopt bulk annuity sustainability survey
The initiative aims to reduce the average number of sustainability surveys completed by insurers annually from 10 to one
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NewsNEST takes 10% stake in Australia’s IFM with £5bn private markets commitment
UK’s NEST joins 16 Aussie super funds, taking 10% ownership stake in IFM’s holding company
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NewsFRC defends changes to UK Stewardship Code definition
Signatory pushback has focused on the proposals to drop explicit references to ‘environment and society’ from the Code
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NewsMomentum expected to continue for smaller schemes in BPA market
2024 saw new entrants Royal London and Utmost complete their first deals below £100m
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NewsTPR figures suggest government looks to extract surplus on low-dependency level
The government is looking to allow schemes more flexibility to enable surplus from DB schemes to be returned to employers
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NewsAon calls for member-centric innovation and transparency in bulk annuity market
Innovation around illiquid assets and transparency in funded reinsurance are also crucial priorities for the UK bulk annuity market, according to Aon
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NewsLufthansa completes three-in-one transaction with Royal London
The £120m transaction secures the benefits of 1,200 scheme members
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NewsDeepSeek’s arrival increases risk for passive investors
But it provides upside for companies that use AI applications, or are keen to start doing so, according to investment experts
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NewsSchroders’ UK pension scheme commits to running on
Scheme plans on harnessing DB surplus for DC contributions
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Special ReportFiduciary management: Race for UK mandates intensifies
UK pension schemes with complex and diverse needs are turning to fiduciary management in growing numbers. Who will be the winners in this increasingly competitive sector?
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Opinion PiecesUK fiduciary management industry needs to expand
The idea that too much choice limits freedom, known as the paradox of choice, is a powerful one. But the opposite is true as well, especially when it comes to the UK fiduciary management industry.
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NewsNEST in talks with managers that exited NZAM, CA100+
Diandra Soobiah, director of responsible investment at NEST, says dialogue around managers’ climate engagement may become less open and consistent
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Podcast#13 Leaders in Investment podcast: Conversation with Morten Nilsson and Wyn Francis – CEO, CIO of Brightwell, UK
Morten Nilsson and Wyn Francis, Brightwell’s CEO and CIO, discuss the management of the BT Pension Scheme – the UK’s largest single employer pension scheme – including their investment strategies, ESG goals, relationships and adapting to industry changes.




