Hymans Roberston buys actuarial firm
Hymans Robertson has acquired Bath Actuarial Consulting (BAC), in a deal which will see its two founds join Hymans as partners. BAC was founded in 2021 by Leonard Bowman and Andrew Udale-Smith...
DB
17 investment consultants collaborate on climate competency guide
The Investment Consultants Sustainability Working Group (ICSWG) has launched a guide to support trustees to assess their investment consultants on their climate competency. The ICSWG is a collaboration between 17 firms formed in...
DWP to improve pension scheme reporting on climate change
Trustees of larger occupational pensions and authorised schemes could soon be required to calculate and publish their schemes’ carbon footprint under new government proposals. The Department of Work and Pensions is now...
PMI expands mentorship programme
The Pensions Management Institute (PMI) is expanding its mentoring and development programme, which will pair 50 mentors up with those working in the pensions industry in 2021. This programme builds on an...
40pc of schemes to ‘move quickly’ on GMP equalisation of transfers
Four out of 10 pension schemes recognise the need to move quickly on the issue of GMP equalisation of historic transfers according to research by Aon. This issue affects transfers with GMP...
Biden plans reversal of Trump rules restricting ESG in 401Ks
US President Joe Biden has instructed officials to investigate the drafting of executive orders that could reverse a former President Trump law restricting the extent to which pension investors can invest in...
Three new hires for 20-20 Trustees
20-20 Trustees has unveiled three new hires, continuing their expansion in the professional trustee sector. Kate Leigh joins as trustee director, David Whitbread joins as associate director and Shay Owode joins as...
Pension Scheme Bill passed but ‘won’t be fully effective till 2022’
The Pension Schemes Bill passed through Parliament today but may not come fully into effect until well into 2022, say industry experts. The final Parliamentary stage of the Pension Schemes Bill was...
FCA targets 254 firms over British Steel DB transfers
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...
1pc of DB transfers go to workplace pensions – DB advisers halved
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...
Most Popular
