PIMFA has urged the government to use Financial Conduct Authority (FCA) fines effectively to reduce the cost of funding the Financial Services Compensation Scheme (FSCS). PIMFA welcomed the FCA's work in tackling...
The Long Term Asset Fund (LTAF) regime came into effect on 15 November last year with its investment approach clearly defined by the Financial Conduct Authority (FCA). At least 50 per cent...
Standard Life, part of Phoenix Group, has made three hires to its defined benefit solutions business. Kieran Mistry joins as senior business development manager and Alex Webb and Lauren Doherty join as...
Twelve pension consultancies are among a new list of companies named as signatories to the UK Stewardship Code by the Financial Reporting Council (FRC). The Stewardship Code is a set of principles...
Scottish Widows has revamped its Corporate Bond Tracker, which is now called ESG Sterling Corporate Bond Tracker Fund. The tracker, which manages £3.6 billion in assets, will begin tracking an iBoxx ESG...
Mortality rates in England & Wales in 2021 were on average 5 per cent lower than in 2020 but actuaries are unsure how the Covid-19 pandemic will affect future rates. The Continuous...
The industry has welcomed the government's decision to bring paid-for online adverts within the scope of the Online Safety Bill after a year-long campaign by PIMFA, Which? UK Finance, The Money and...
LCP has warned that current proposals could create ‘dumb dashboards’ of limited use to consumers who will then be forced to transfer their data to somewhere less regulated, risking fraud. The DWP's...
The trustee of the National Grid Electricity Group of the Electricity Supply Pension System (NGE Group) has appointed Barnett Waddingham (BW) to support its pension scheme. The NGE Group, which has net...
UK pension schemes still have some way to go to fully integrate ESG into their process, according to the latest analysis by Mercer. Mercer says that this latest report shows ESG factors...
