Illiquid allocations drag down pension returns in 2023: XPS
Higher illiquid allocation led to lower returns last year, according to a survey of returns of fiduciary managers operating across...
RLAM restructures global equity team after head quits
Royal London Asset Management has restructured its global equity team following the resignation of its head of equities Peter Rutter...
New RI policy for The People’s Pension could threaten relationship with SSGA
The People’s Pension has published a new responsible investment policy, which could result in it severing ties with State Street...
Broadstone to provide admin services for Clara Pensions
Broadstone will act as a third party administration for the DB superfund Clara Pensions. Broadstone joins Hymans Robertson and Isio as...
£10bn annual boost to pensions by raising AE minimum to 12pc
Increasing minimum contributions into auto-enrolment pensions to 12 per cent could boost retirement savings by £10bn a year, according to...
Industry pays tribute to pensions veteran Frank Field
The pensions industry has paid tribute to the former Labour minister and cross bench peer Frank Field, whose death was...
Protection veteran Timpson quits Govt role in protest at treatment of carers
The UK’s first disability ambassador, and a veteran of the protection industry, Johnny Timpson has quit his role as a...
Professional trustee firms see revenue boost as sector continues to expand
The professional trustee market has continued to expand rapidly, with revenue across this sector up by 16 per cent in...
Growth in number of active ETFs
There has been a signficant rise in the number of ETF funds now using ‘active’ strategies, according to the latest...
PIC offers new buyout service for small DB schemes
Specialist insurer, Pension Insurance Corporation (PIC) has launched a new streamlined service for smaller DB schemes looking to complete a...
