Latest United Kingdom News – Page 49
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NewsCable and Wireless Superannuation Fund complete £340m buy-in deal
The transaction marks the fund’s third and final deal with Legal & General
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NewsObituary: Patrick Bloomfield
Patrick was a leading figure in the pensions industry for over 25 years
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NewsNBIM weighs best use of new TNFD framework in ownership, portfolio work
UK call for government to make TNFD compulsory; UKSIF says ISSB should introduce disclosure standards for biodiversity, drawing on taskforce’s framework
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NewsM&G returns to UK bulk annuity market
The buy-in for M&G’s own pension fund secures the benefits of 1,414 pensioners and deferred members
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NewsUK automatic enrolment extension bill granted Royal Assent
It will ‘dramatically improve financial resilience in retirement for young people, women and lower earners,’ says DWP
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NewsESG and private markets' high fees are ‘real barrier’ for DC schemes, says WTW
Master trusts continue to lead the way on incorporating ESG considerations within a default investment strategy
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NewsKier pension funds appoint Schroders Solutions for OCIO mandate worth £1.2bn
The mandate covers five pension schemes and Schroders Solutions will be responsible for assisting trustees in applying a common investment strategy framework
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NewsCamden scheme uses Tumelo’s pass-through voting solution
The fund will now be able to direct their vote on include CEO remuneration and climate concerns
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NewsGovernance group calls UK government to end DB/DC ‘intergenerational unfairness’
To encourage corporate DB schemes to build a surplus, plan sponsors should be offered the chance to deploy surplus to boost DC contributions, IGG says
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NewsDepartment store John Lewis shows healthy pension fund surplus
Pension fund to stop £10m deficit contributions
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NewsUK pensions regulator to build on relationship with admins
TPR is innovating by using its supervision approach to establish open, two-way relationships with several “strategically important” pension administrators
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NewsLCP finds major increase in professional trustee use
Professional trustee firms are expanding their services into a variety of domains
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NewsLocal Government Pension Scheme funding level reaches 102%
LGPS funding levels improved from the 67% estimate as at 31 March 2022 triennial valuations
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NewsPPF opens levy consultation to halve charge to £100m
‘It is clear that PPF would like to go further but is constrained by law,’ says LCP
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NewsTransaction cost analysis should push for further transparency, says Bfinance
Despite efforts from regulators to improve cost disclosure, Bfinance argues disclosure does not equal transparency
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NewsPPF would take 18 years to consolidate smallest UK DB schemes, says WTW
Crucial changes to the shape of benefits will present a ‘significant hurdle’ for trustees, if their consent is required for any consolidation
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NewsBAE Systems appoints Goldman Sachs Asset Management for £23bn mandate
The plans sponsor’s in-house investment management team will join Goldman Sachs AM
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NewsLothian Pension Fund names new CIO
Emmanuel Bocquet will succeed Bruce Miller who earlier this year announced his decision to retire
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NewsUK roundup: BA pension fund appoints Redington as consultant
Plus: Risk of new generation of gender inequality, says LCP
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NewsUK roundup: ITB Pension Funds complete £290m buy-in with Just Group
Plus: Aon publishes DB funding report; TPT enhances responsible investment choices for DC members
