IPE's United Kingdom Coverage – Page 137
-
NewsLuxembourg regulator highlights hard Brexit implications for UK firms
CSSF requires notifications from financial services firms by 15 September and a further submission by the end of October in order to keep operating through a ‘hard Brexit’ scenario
-
News
Energy firm awards Aon £400m fiduciary mandate as new rules bed in [updated]
Schneider Electric awarded fiduciary management contract after competitive tender in accordance with new laws in force since early June
-
News
NEST anticipates hitting £10bn by end-March 2020
The authorised master trust is growing rapidly, with assets under management doubling to reach £5.7bn at the end of March
-
NewsFTSE 350 discount rates more bunched around average – report
Hymans Robertson suggests greater bunching an effect of tougher oversight, higher yields
-
News
Targeting people not in paid work could narrow gender pension gap: PPI
Pension Policy Institute finds 50% more women than men to retire with no private pension
-
News
Co-op scheme adopts ESG fund for DC default
Scheme will switch £290m to the multi-asset fund in Legal & General Investment Management’s Future World fund range
-
News
Local authority pension fund backs ‘social outcomes contract’ fund
Merseyside Pension Fund and at least one other local government pension scheme have committed to the £35m fund
-
NewsUK minister ups the ante on pension funds and climate change
Guy Opperman tells London Climate Action Week gathering that pension funds ‘must play a massive role’ in getting the UK to net-zero greenhouse gas emissions by 2050
-
News
NEST goes live with ‘sidecar’ savings trial
Three employers are offering an emergency savings account to their staff as NEST looks to build on success of auto-enrolment
-
News
CEO of £30bn Brunel Pension Partnership resigns
Dawn Turner was instrumental in setting up the Bristol-based asset pooling company for 10 public pension funds in the local government pension scheme
-
News
Asset managers urged to ‘talk openly’ in support of LGBT+ staff
Follow-up report published a few days before Pride in London parade, in which investment industry employers will for the first time march together under an Investment Association banner
-
News
PPF assets grow to £32bn but surplus hit by Kodak claim
A 5.2% investment return for 2018-19 helped boost assets but the lifeboat fund’s biggest claim dented its surplus
-
News
Cambridge University endowment gains 8.8%; Oxford ‘flat’ for 2018
Multi-billion pound endowment funds report mixed results for private assets and listed equities
-
News
Smiths Group secures £176m buy-in with Canada Life
FTSE 100-listed engineering firm strikes pension risk transfer deal bringing total bulk annuity value across all schemes to £1.6bn
-
NewsAviva launches ethical and ESG workplace pension default strategy
Lifestyle strategy is based on Aviva ‘Stewardship’ funds in operation since 1980s that apply exclusions and engagement
-
NewsStrathclyde pension fund gains 5.9%, Lothian rejigs allocation categories
Two largest Scottish local authority pension funds report on performance in the year to the end of March
-
News
UK regulator toughens stance on poorly performing pension schemes
The UK’s Pensions Regulator (TPR) is seeking to accelerate pension scheme consolidation to raise governance standards. In a consultation paper launched today, TPR said it wanted to ensure all pension savers were in schemes with “excellent standards of governance that deliver good value” – which would mean “fewer but ...
-
NewsUK to explore mandatory climate reporting for pension funds, companies
Government green finance strategy welcomed, but investors emphasise it must only be seen as a first step
-
News
Half of FTSE 100 companies could buy out DB funds in 10 years: report
Diverting an additional 6% of profits would let 70% of FTSE 100 schemes buy out within a decade, says Barnett Waddingham
-
News
UK pension fund figures sign climate impact pledge
Signatories pledge to push asset managers to engage with investee companies about their impact on climate and plans to transition to a low-carbon future
