IPE's United Kingdom Coverage – Page 67
-
NewsUK roundup: Leonardo Helicopters scheme picks Isio as actuarial adviser
Plus: DB trustees focus on illiquids when targeting bulk purchase annuities; Pension industry urged to reach out to LGBTQIA+ community
-
AnalysisAnalysis: Greenwashing risk in sovereign green bonds
‘The political cycle drives much higher volatility for sovereign green bonds than corporate ones when it comes to climate credibility,’ says Ulf Erlandsson
-
NewsUK roundup: Northumbrian Water pension scheme picks Cardano as OCIO
Plus: Canada Life reports over £100m in annuity sales
-
NewsP&O secures benefits of remaining pensioners in £440m buy-in with Rothesay
The deal will secure benefits for 5,300 P&O pension scheme members
-
NewsAverage total LGPS contribution rates fall to 21.1%
Report from LGPS Advisory Board also showed that LGPS funding levels improved from 98% to 107% in 2022
-
News‘Significant’ proportion of pension savers interested in CDC for decumulation
Overall, 30% of pension savers expressed preference for a CDC pension.
-
NewsTPR’s updated guidance opens the door to more UK superfund activity
But the latest guidance may be “too little, too late”
-
NewsTPR updates superfunds guidance with saver security as primary focus
When TPR published its original guidance in 2020, it committed to review the issue of profit extraction within three years.
-
NewsShift in mindset required to increase investment in private debt
There are “significant opportunities” in private debt investment which could lead to improved outcomes for members, according to Hymans Robertson.
-
NewsThree of Border to Coast’s partner funds to participate in new emerging market fund
Funds participating in the £700m Emerging Market Alpha Fund are Durham, Surrey and Tyne and Wear.
-
NewsBorder to Coast doubles private markets climate focused investment
Border to Coast private portfolio includes £1.4bn of capital committed to investment in climate solutions
-
NewsMercer urges trustees not to ignore incoming DB funding code
Funding level increased from 108% to 109% and has not dipped below 105% since the start of 2023
-
NewsUK roundup: DB scheme transfers see significant fall in quotations
Plus: PLSA recommends policy measures to reduce risk of over-saving; Smart Pension partners with Punter Southall
-
NewsRailpen partners with Neuberger Berman in multi-asset credit mandate
It will focus on investment across a broad range of credit sectors covering both the investment grade and non-investment grade spaces
-
NewsUK government to streamline the green taxonomy’s DNSH criteria
The UK’s Green Technical Advisory Group has been revisiting the filter as part of its work on what a national taxonomy should look like
-
NewsUK’s new oil and gas licences send wrong signal to investors
No new oil and gas projects should be funded in order to limit global warming to 1.5°C, industry warns
-
NewsBT Pension Scheme signs £5bn longevity swap deal
The deal signed with Reinsurance Group of America will cover £5bn of BT pensioner liabilities
-
NewsHigh Court puts a stop on future changes to BBC pension benefits
The case could have potential implications for a number of employers with DB pension schemes, not just the BBC
-
NewsFew asset managers reveal own climate vulnerability, UK watchdog finds
FRC assesses ‘quality and maturity’ of climate-related metrics and targets disclosures in four sectors, including asset management
-
NewsUSS reduces carbon emission intensity by 21% but warns more needs to be done
‘The government and regulators have a huge part to play here, not least by ensuring a predictable, transparent, and stable regulatory environment,’ says Innes McKeand
