DB

Aviva has become the first major insurer worldwide to target net zero carbon by 2040, a target it describes as ‘the most demanding of any major insurance company in the world’. The...

Border to Coast Pensions Partnership, the £46bn public sector pension pool, has committed £540m to six new infrastructure funds for its 11 local government pensions scheme partners. Border to Coast has now...

Dalriada Trustees has made two new appointments, hiring Leanne Coomber and Aimee Nguyen as professional trustees. These latest appointments follow a period of expansion for the professional trustee firm, with recent hires...

Hymans Robertson, the leading pensions and financial services consultancy, has promoted Kieran Mistry to head of non-traditional risk transfer.  In this new role Kieran will lead the firm’s advisory service supporting DB...

Inside Pensions, which offers independent governance services to trustee boards, has been acquired by Zedra, a global specialist in active wealth and fund services.  This transaction is in line with Zedra’s stated...

An inability to get affordable professional indemnity (PI) insurance is the primary reason why financial advisers have stopped offering defined benefit (DB) transfer advice, with premiums soaring or cover not even available...

The Guaranteed Minimum Pension (GMP) equalisation working group, chaired by the Pension Administration Standards Association (PASA), has issued a ‘good practice’ guidance to UK pension schemes. The new guidance highlights tax issues which...

Pension schemes will be free to decide how and when to move to the new Normal Minimum Pension Age (NMPA) of age 57 by 2028, meaning some may raise theirs earlier than...

Phoenix Group has boosted its bulk annuity team with five new appointments.  Priyesh Patel has joined as an investment analyst, while the company has also recruited Shoyab Alli, Sam Young, Miles Smith...

The funding situation of DB pension in the UK continues to improve despite the challenging economic backdrop. The latest Mercer’s Pensions Risk Survey found the accounting deficit of DB schemes in the...