Latest United Kingdom News
-
News
Aviva, Scottish Widows and Mintago join Dashboard Operators Coalition
The three firms have applied to become QPDS operators
-
News
UK pensions regulator cuts power to request information
Section 72 requests fell to 11 in the Q4 2023 from 49 in Q4 2018
-
News
Number of DC schemes continues to decline, says UK pensions regulator
Scheme membership has meanwhile grown by more than 12 times since the beginning of 2012, from 2.3 million to 28.8 million
-
News
Border to Coast Pensions Partnership expands its private markets programme
Border to Coast Pension Partnership’s private markets programme has grown to £16bn following further commitments from its LGPS partner funds
-
News
CEPB warns asset owners of long-term risks of mining giant’s potential takeover
Adam Matthews at CEPB is not convinced that a potential takeover of Anglo American by BHP ‘will serve our long-term interests as a pension fund’
-
News
Thinking Ahead Institute calls for investors to double stewardship resources
Report shows that industry average stewardship resourcing level is currently at around 5%
-
News
SAUL is first UK scheme to adopt pass-through voting across DC, DB plans
The move strengthens the £3bn University of London’s stewardship powers which is particularly focused on voting for resolutions at the Climate Action 100+ companies
-
News
NEST picks Northern trust for admin, custody
Northern Trust will provide key services for NEST’s investment strategy, including custody, asset allocation and rebalancing, and performance measurement
-
News
Capacity issues led to delay in Pensions Dashboards Programme
National Audit Office says capacity and capability issues, including lack of digital skills and ineffective governance, have contributed to delays to UK’s PDP
-
News
Brightwell drops head of sustainable investment role after Barron exit [updated]
Victoria Barron resigned after four years at the organisation to explore new opportunities in sustainable investment
-
Analysis
Mansion House Compact: spotlight on Aon
Jo Sharples, CIO for Aon’s DC solutions, spoke to IPE about Aon signing up to the compact and how it plans on embarking on a private markets journey
-
News
Professional trustee appointments increase marking fourth year of consecutive growth
However, support for member-nominated trustees (MNTs) continues and pension fund boards are encouragedto keep them
-
News
Asset managers expect MIFID II changes to remove operational barriers – survey
Substantive Research finds that 85% of surveyed managers currently operate on the P&L research funding model
-
News
BVCA calls for pensions investment roadmap to increase UK investment
BVCA latest report shows investment by private equity and venture capital in UK businesses fell to £20.1bn in 2023
-
News
Siemens Investor Plan appoints Standard Life as master trust provider
Over 30,000 Siemens members move to Standard Life master trust
-
News
TPR focuses on driving consolidation in new corporate plan
‘Our focus is not just on the fundamentals of driving high levels of compliance, but also working together to enhance the system and support innovation in savers’ interests’
-
News
Ethos and investors coalition turn to court as TotalEnergies throws out resolution
Ethos Foundation bewails French oil and gas giant’s ‘flagrant disregard’ for shareholder rights
-
News
UK defined benefit schemes overspend £300m each year, report finds
Spence & Partners has calculated that removing inefficiencies could save an average 1,000-member scheme £105,000 per year in running costs
-
News
UK equity disclosure enforcement could contradict Value for Money framework
SPP questions whether pension funds should invest in British businesses when knowing that such investment may produce worse returns than investing overseas
-
News
CBI, CSSF finalise yield buffer rules for sterling LDI funds
Measures complement guidance issued by UK regulators in wake of UK LDI crisis