TPT signs up to 2050 net-zero target
TPT Retirement Solutions, the workplace pensions provider with £13bn of assets, has set itself a 2050 net-zero target and has signed up to the Paris Aligned Investment Initiative. The Paris Aligned Investment...
TPT Retirement Solutions, the workplace pensions provider with £13bn of assets, has set itself a 2050 net-zero target and has signed up to the Paris Aligned Investment Initiative. The Paris Aligned Investment...
Trustees of pension schemes with assets over £5bn will have to meet new governance requirements from 1 October 2021, with Task force on Climate-related Financial Disclosures (TCFD) reporting required within seven months thereafter....
Only a quarter of pension trustee boards are independently reviewing their scheme’s governance, despite this being proposed in forthcoming regulation from The Pensions Regulator. A report, by Willis Towers Watson suggests the...
The $50trillion cost of climate transition is ‘the biggest commercial opportunity of our time’, said former Bank of England governor Mark Carney, speaking at a Make My Money Matter conference this week....
The challenges for retirees have seldom been greater. Unlike the days when purchasing an annuity was commonplace for defined contribution (DC) savers, and many could rely on a defined benefit (DB) pension for...
The cost of supporting the economy through the coronavirus pandemic is expected to cost the government £280 billion this year. Set against this, the estimated £2.5 billion a year, £17 billion in...
Nearly one in four schemes required to re-tender for their fiduciary management services ahead of the Competitions and Market Authority’s (CMA) 9th June deadline have yet to do so, new research shows. A...
Trustees are optimistic about the progress being made on GMP equalisation with more than half (55 per cent) expecting to be making pensions in payment on an equalised basis by the end...
The UK’s largest companies have ploughed £200bn into their DB schemes since 2007 to avoid a drop in funding levels. However despite this large sum, pension consultants LCP say most of this...
Pension transfers have dropped by almost a quarter since last September with the proportion of transfers with scam red flag warnings increasing to 59 per cent of all cases. XPS's Transfer Watch...