Latest United Kingdom News – Page 54
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News‘Further work required’ on ESG and sustainable investment funds, says FCA
The regulator expects asset managers to address the good and poor practices outlined in the report to meet the requirements of SDR
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NewsACCESS Pool delivers £98.9m in savings for its members
Last year alone the Pool delivered savings of £28.6m for members
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NewsDB schemes need incentive to run on, fund government’s productive finance agenda
The conversation about funding UK growth is too focused on returns instead of risks
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NewsBrunel appoints Tutman as ACS manager
The move will see Brunel’s authorised contractual scheme renamed to TM Brunel Pension Partnership ACS
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NewsBT Pension Scheme sees assets drop despite improved funding position
The scheme’s deficit dropped to £3.7bn in 2023 compared with £8bn in 2020, while its liabilities also declined to £41bn in 2023 compared with £51.28bn in 2022
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NewsSuperfund transfer ‘viable’ solution to schemes, poll finds
Trustees agree more schemes will follow now that first superfund transaction is completed
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NewsPaul Maynard appointed parliamentary under secretary of state at DWP
The appointment follows Laura Trott’s promotion in yesterday’s UK cabinet reshuffle
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NewsEnplan adds Schroders to defined benefit consolidation platform
Enplan schemes will benefit from Schroders’ advanced LDI modelling and access to a range of proven asset managers through an open architecture
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NewsUK industry awaits new pensions minister as Laura Trott takes Treasury role
Laura Trott held the post of UK pensions minister since November 2022
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NewsDeutsche Bank UK pension scheme completes £500m buy-in with Legal & General
The deal marks third buy-in for the scheme and secures benefits of around 2,000 retirees and deferred members
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NewsJohn Lewis pension trust picks XPS for administrative services
The John Lewis Partnership scheme covers nearly 165,000 members
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NewsIndustry raises concerns over DWP’s UK general levy proposals
APPT believes removing £10,000 charge for smaller schemes would lead to higher standards of governance
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NewsUK government consults on pension fund clearing exemption
UK pension funds are currently exempt from the obligation to clear certain derivative contracts until June 2025
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NewsLCP urges UK DB sponsors to prepare for challenging economic times
Covenants under scrutiny: LCP urges sponsors to be ‘proactive’ as corporate insolvencies look set to increase
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NewsUK pensions minister urged to encourage schemes to invest in sustainability
LCP and Pensions for Purpose’s open letter urges pensions minister Laura Trott to encourage pension schemes to invest more in areas that drive forward sustainability goals
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NewsUK universities pension fund names new head of responsible investment
Carlisle was most recently head of sustainability at Jupiter Asset Management
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NewsWiltshire pension fund to stay ‘agile’ on decarbonisation target-setting
£3.1bn local government pension scheme is currently behind target with its carbon footprint down 23.3% since 31 December 2019
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NewsKing’s Speech fails to mention pension reforms
Speculation that the PPF could be used as a consolidator remains unaddressed, and this is now unlikely to be resolved for at least another 12 months, PMI says
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NewsUK pension funds could invest up to £1.2trn to tackle climate change
Today only £100bn of the UK pension industry’s assets are invested in UK climate solutions such as offshore wind, solar and energy-efficient housing
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NewsGresham House raises £60m from institutional investors for unlisted equities
Worcestershire Pension Fund and several corporate and private investors in UK and Ireland committed funds
