Pension System – Page 52
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NewsUK’s pensions regulator to gather feedback on LDI guidance
The Regulator placed ‘huge emphasis’ on operational processes
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NewsBank of England calls on pensions industry for financial stability responsibility
‘Central banks cannot be a substitute for the primary obligation of LDI funds to manage their own risk,’ says BoE
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NewsEuropean Commission proposes stricter rules for ESG ratings providers
The draft legislation requires ESG ratings providers to disclose potential conflicts of interest
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NewsClosed Dutch Unilever fund to continue DB arrangement
Univest, the investment vehicle for all global Unilever pension schemes, will hand over two bond mandates to external managers
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NewsUK roundup: New Airways pension fund reappoints PwC as trustee
Plus: AEAT pension case highlights gaps in members’ complaints route; Cambridge University scheme picks Redington for advice
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NewsDACH roundup: City of Zurich Pensionskasse bumps up alternatives
Plus: Swiss association on investments in reform process; Austrian pension funds see AUM shoot up; German Spezialfonds add green assets;
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NewsUK DB schemes planning for buyout could save £20m, says Hymans Robertson
The firm’s latest guide aims to provide trustees with a ‘clear’ online framework to avoid ‘potential pitfalls’ on their journey to buyout
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NewsUK master trusts don’t survey members on risk appetite
‘Risk considerations are not driven by member views but by expert opinion,’ says Hymans Robertson
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NewsHarrods pension scheme completes buy-in deal worth £400m
The deal secured benefits of around 1,900 pensioners and 2,100 deferred plan members
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NewsPensions industry calls on regulators to ‘materialise’ revised funding code
The code has introduced elements of flexibility, but uncertainty needs to be avoided
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NewsPLSA conference panel pushes for ‘outcome-generating’ investments
Any long-term investment vehicle for the UK should be just as attractive to overseas investors as it is to UK investors
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NewsUK Treasury urges investors to be more positive about taking risks
West Midlands Pension Fund: UK government’s proposals lack of clarity and consistency
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NewsPLSA supports UK growth investing, but with focus on best outcomes for savers
TPR calls on trustees to focus on protecting savers
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NewsFinnish pensions centre chief argues for 10-point rise in equity weightings
Paldanius says boosting equities allocations by a tenth could add 0.3 percentage points to Finnish workplace pension fund returns
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NewsNorway’s FSA says pensions capital planning must factor in big downside risk
Sharp fall in commercial property prices will result ‘in substantial losses and a pronounced weakening of Norwegian life insurers’ buffer capital’, says watchdog
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NewsUK pensions minister announces Pensions Dashboards delay
PDP’s connection deadline pushed from 31 August 2023 to 31 October 2026
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NewsItalian government readies new investment rules for first pillar pension system
Pension schemes have been waiting for an upgrade to their investment rules since 2011
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NewsFinnish pension funds deemed able to weather big illiquids writedowns
Average investment return of 1.6% in Q1 was just below required rate of return, says FIN-FSA
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NewsSwiss pension funds set to change SAA to reach bond investment targets
According to Swisscanto, 17% of pension funds surveyed adjusted their strategic asset allocation, and 35% changed allocations tactically.
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NewsPLSA pinpoints UK investment potential for pension funds
The association expects the scale and distribution of assets across the pensions sector to alter substantially over the next decade
