IPE's United Kingdom Coverage – Page 63
-
NewsBuy-in roundup: Safeway completes £1.4bn deal with Rothesay
Plus: Ibstock Pension Scheme’s £190m buy-in with Just Group; Market volatility pushes buy-in/buyout volumes
-
NewsUK’s pensions regulator, FCA set out new LDI guidance
Trustees must understand investment strategy risks, and only use leveraged LDI if appropriate, says TPR
-
Opinion PiecesViewpoint: A landmark moment for British pensions
What is it the British pension savers want, and until now have been denied in private sector pensions?
-
NewsUK roundup: Brunel and NEST to vote against chair at BP AGM
Plus: Railpen-led investor group launches workforce directors guidance; Carillion completes buy-in deal with Just Group
-
NewsFuture of UK pensions ‘looks risky’, says IFS as Pensions Review is launched
The Pensions Review will produce a series of detailed reports over the next two years on these challenges facing future generations of pensioners
-
NewsUK parliamentarians call for greater accountability of regulators
RRG recommends forming a new cross-parliamentary committee to oversee the performance of regulators
-
NewsUK government pushes for wider CDC schemes as regulator approves Royal Mail as first
Aon calls for regulations to be in place for wider forms of CDC by the end of 2024
-
NewsPension Insurance Corporation sets out climate-related disclosures
PIC is committed to decreasing its investment carbon intensity by 50% by 2030
-
NewsLloyd’s launches £250m sustainability-focused private impact fund
The Lloyd’s Private Impact Fund is the first fund to be launched on the Lloyd’s Investment Platform
-
NewsBanking sector crisis increases UK scheme deficits in March, says Broadstone
Fully hedged schemes outperform half-hedged schemes for the first time since interest rates started to rise significantly last year
-
NewsBTPS in-house arm rebrands to offer services to third-party DB schemes
Brightwell’s first new client is the £1bn DB division of EE Pension Scheme
-
NewsUK state pension age review: no changes to legislated timetable
The government plans to have a further review within two years of the next parliament to reconsider the rise to age 68
-
NewsBank demises isolated, but VER’s CEO warns of wider crisis if rates stay high
Timo Löyttyniemi says collapse of SVB and forced sale of Credit Suisse only indicate problems with certain individual banks
-
Special ReportManager selection: UK fiduciary management
Does fiduciary management still stack up as scheme funding improves?
-
Special ReportRegulation: IPE’s guide to pensions regulation in six key European countries
IPE’s guide to pensions regulation in six key European countries. Gail Moss reports
-
Opinion PiecesGuest viewpoint: LDI regulation should not ignore private asset solutions
In the aftermath of the liability-driven investing (LDI) crisis, The Pensions Regulator (TPR) in the UK drew up guidelines for pension funds to improve the resilience of LDI strategies. These guidelines primarily aim to support the creation of liquidity buffers so that pension funds can withstand yield shocks. To that end, the guidelines advise pension funds to conduct stress tests and identify suitable collateral with respect to both leveraged and unleveraged LDI strategies using yield-shock scenarios.
-
NewsUK green finance strategy plans to accelerate investment in nature
There is a target to raise at least £500m in private finance to support nature’s recovery every year by 2027 in England, rising to more than £1bn per year by 2030
-
NewsBank of England tips Pensions Regulator to keep LDI buffers wide
UK central bank advises DB pension funds keep minimum of 250 basis points buffer liquidity – but more on top of that
-
NewsUK roundup: PLSA issues stewardship and voting guidelines
Plus: LCP launches Illiquid Asset Solutions Group; PASA releases dashboards guidance
-
NewsUK master trust funds Schroders’ first long-term asset fund
The strategy will aim to invest across four long-term themes; climate mitigation, climate adaption, biodiversity/natural capital and social vulnerabilities
