The People’s Pension has appointed Mark Condron to be the new chair of its trustee board. Condron, a fellow of the Institute and Faculty of Actuaries and an accredited professional trustee, has...
The investing approach of UK defined contribution (DC) schemes needs to be reviewed and refined due to changing member needs and market conditions, according to Aon. According to Aon’s 2022 UK DC...
The average growth phase default fund saw a 16.58 per cent pre-charge return in 2021, as markets bounced back from the Covid-19 pandemic, according to data from the Corporate Adviser Master Trust...
What are the new VFM regulations, and how will they impact trustees? There has been a lot of talk about ‘value for money’ regulations, but we prefer to think about ‘value for...
Aegon is investing £3bn of its workplace default fund into a new range of BlackRock’s ESG index funds — effectively doubling exposure to sustainable investments for growth stage investors. Growth stage investors...
The National Pension Trust is launching a new sustainable default strategy. This shift to its default strategy will affect around 44,000 members invested in this master trust. In total around £978m of...
Poor financial wellbeing in the workforce is costing UK business around £6bn in lost revenue each year, according to new research, with employees absent or distracted from their work because of money...
The Russian invasion of Ukraine has brought into the spotlight the ‘Social’ category of ESG and in particular consumers’ preferences and impact investing. The West’s response to the events in the Ukraine...
The pensions industry is launching a co-ordinated ‘engagement campaign’ designed to increase consumers’ basic understanding of pensions. This campaign, which is being led by the Association of British Insurers (ABI) and Pensions...
Just as net-zero pledges have become universal in the multi-employer DC pensions sector, cracks are beginning to appear in the industry’s ability to deliver on the promises that have been signed up...
