In depth: Illiquids in DC
UK defined benefit funds have long been allocating to what is broadly termed ‘alternative’ assets. According to the Pension Protection Fund’s Purple Book, UK private sector DB funds invested on average 15 per cent of...
Investment
New Budget date raises prospect of pension reform
The Chancellor, Sajid Javid has confirmed his first Budget will be held on March 11 this year. It is widely expected that this will contain proposals to reform the current pension system,...
Majority of workers don’t know where pension funds invested
Three out of four people have no idea where their pension is invested, while nine out of 10 did not know what a ‘default’ fund is, according to new research. This is...
FCA finalises new role for IGCs
The Financial Conduct Authority has finalised rules which extend the role of Independent Governance Committees in workplace pensions. For the first time IGCs will be responsible for overseeing a pension’s provider approach...
Nest tests tougher environmental targets
Nest is testing more stringent environmental targets as a way to protect investors from the the risks posed by climate change. The UK’s biggest master trust, which looks after the pension of...
Hymans Robertson negotiates innovative longevity swap
Hymans Robertson has advised on a £800m longevity swap for a FTSE100 pension scheme. Hymans Robertson said that it has negotiated the first “enhanced pass through structure” with Zurich, with the majority...
Smart Pension to run Guernsey’s AE pension scheme
Smart Pension has been appointed as the preferred provider for Guernsey’s new auto-enrolled pension scheme. All employees living and working in Guernsey will be enrolled into the Your Island Pension Scheme in...
New guide for trustees into impact investing
Trustees need to actively engage with impact investing if they want to deliver financial returns for members while meeting social and environmental targets, according to the latest report from Aon. However, rather...
Now: Pensions Q&A. Charges, performance, admin, tax and trustees
Now: Pensions has been beset by a host of administrative problem during the rollout of auto-enrolment, leading to it requesting to be removed from The Pensions Regulator’s authorised master trust list, and...
Atlas signs up to responsible investment standards
Atlas has become one of the first master trusts in the UK to become a signatory to the Principles for Responsible Investment (PRI). This £1.1bn master trust, of which Capita is the...
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Fifth of AE market to switch in next year – research
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Workers massively overestimating state disability cover
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Investment Association to promote human capital management
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Time to untangle the new state pension
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Institutional investors turn to active management and private equity
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More 1984 than Brave New World: Alan Pickering on George Osborne’s reforms
