UK pension replacement rate falls 9pc in a decade – OECD
The UK’s mandatory pension provision is nearly half the OECD’s average and retirees’ replacement rate has dropped by 9 per cent in a decade. The research, carried out by TISA, shows the...
DC
Aviva offloads eighth overseas business
Aviva has offloaded its Aviva Poland business to Allianz for £2.1bn, its eighth overseas disposal in as many months. The deal is the last in its strategy of refocusing on its core...
Green gilt framework set out by IA
The Investment Association has published guidelines for the new green gilts the Government is planning to launch this year to tackle climate change, fund infrastructure projects and create green jobs. The IA...
Mercer Master Trust names new independent trustee
Mercer has appointed Dianne Day of Independent Trustee Services to the Mercer Master Trust board, where she will join the administration and communications committee, working alongside the committee lead, Lisa Mundy. Day...
CA ESG forum: compelling evidence for ESG outperformance
The latest data shows that stocks and indices with higher ESG ratings have continued to outperform non-ESG counterparts, across different markets and timescales. CLICK TO VIEW ALL THE VIDEOS FROM ALL THE...
DWP scrutiny turns to social ESG factors with consultation launch
The Department for Work and Pensions (DWP) has issued a consultation to understand how occupational pension scheme trustees fulfil their duty to assess social factors in their stewardship activities, following ministerial concerns...
Hymans Robertson names new DC provider relations head
Hymans Robertson has promoted Shabna Islam to lead its master trust research and manage the firm’s relationships with DC product providers. Islam has almost 15 years’ experience in the pensions industry, having...
CA ESG forum: Biden ESG reforms face state challenges – David C John
The US faces structural, legal and political challenges if it wants its workplace pensions to embrace the ESG strategies that are starting to become more widely adopted in the UK and Europe....
Mercer hires new senior DC consultant
Mercer has appointed Niall Alexander as its new senior DC investment consultant. Alexander, who joins from River and Mercantile Solutions, will advise clients on strategic investment issues. In this role he will...
CA ESG Forum: Consultants need to provide “Paris-aligned” advice – MMMM
Investment consultants and pension advisers need to commit to “Paris-aligned” net-zero advice when recommending workplace pensions, products and services, according to Make My Money Matter CEO Tony Burdon. CLICK TO VIEW ALL...
Most Popular
-
Reeves is out as Bell and McFadden keep jobs in new PM’s Cabinet
-
What does Burnham as prime minister mean for pensions?
-
Benifex appoints chief technology officer
-
SPP warns simpler pension transfers may not “work as intended”
-
Over two-thirds of DB schemes plan for surplus as endgame barriers remain
-
Gallagher: Three quarters of UK pension decision makers to explore CDC
