DB

The FCA will review the advice of 254 firms that gave advice to British Steel pension scheme members, as it reveals figures showing a declining number of transfers taking place and fewer...

Just 1 per cent of DB transfers end up being moved to workplace pensions, despite the FCA now requiring advisers to benchmark funds’ proposed destination against a low-cost workplace pension option. The...

The industry has responded with ‘disappointment’ at The Pensions Regulator’s (TPR) an interim response to its first defined benefit (DB) funding code consultation, which one consultant says is ‘light on detail’. The response...

SEI has announced that Sarah Powell has been appointed as a client strategy director within its Institutional Group. Powell will be based in the UK and responsible for formulating and providing strategic...

A new steering group has been launched by pension funds and investment managers to improve the way the industry conducts stewardship. The steering group is a joint initiative between the Investment Association...

The pensions minister has confirmed sweeping the new regulatory powers which can compel companies or individual to make additional pension contributions will not be applied retrospectively. This powers have been awarded to...

HSBC is being pressed to publish its plans to transition itself into a net zero bank by 2050 through a resolution from fifteen institutional investors with a combined US$ 2.4 trillion in...

The Government has announced a major expansion of its dormant assets scheme in a bid to boost economic recovery as a result of the coronavirus pandemic.  This expansion will help communities unlock...

Dalriada Trustees has expanded further by appointing the government’s deputy chief actuary to its professional trustee team. Dalraida has appointed Sarah Brough, who has held a number of senior roles in the...

Asset managers including BlackRock and Vanguard have been criticised for their voting record on racial equity, workforce issues, pay disparities, and civil rights issues in the US in a new shareholder activism...