Nest has appointed Northern Trust to be its new fund administrator, coordinating the pension scheme’s investments across its diversified portfolio. Northern Trust has won the contract from State Street Corporation, the US...
The UK’s spending watchdog has blasted delays and rising costs in the implementation of the pensions dashboard project, blaming a lack of skills and ineffective governance. Costs have jumped by £54m, despite...
Healthcare and flexible/hybrid working (43%) are deemed the most valuable benefits for multinational companies’ employee value propositions, given a high rating by 61 per cent and 43 per cent respectively, according to...
DC providers added £113bn in 2023, an increase of 25.5 per cent, with Aviva retaining its position as the biggest bundled DC provider, with assets of £110.6bn, up £15bn on the previous...
Higher illiquid allocation led to lower returns last year, according to a survey of returns of fiduciary managers operating across the UK pensions sector. XPS Pensions Group’s survey found a significant gap...
Royal London Asset Management has restructured its global equity team following the resignation of its head of equities Peter Rutter and a number of the global equities team. It is understood that...
There has been a signficant rise in the number of ETF funds now using ‘active’ strategies, according to the latest data from Morningstar. Exchange Traded Funds (ETFs) have traditionally used more passive...
Topics covered in the interview include: Why DE&I is important to master trusts and, in particular, the governance of them Why Standard Life has launched its trustee accelerator programme – and what...
Almost one in two younger workers want their employer to allow them to pick their own pension provider, according to new research. The survey — of almost 4,000 people by investment platform...
WTW is launching a private equity long term asset fund (LTAF), into which its master trust LifeSight will be a major investor. LifeSight has confirmed that it will invest up to 5...
