Pensions

DB pension scheme deficits continued to increase last month, driven by falling corporate bond yields and no let-up in inflation.  Mercer’s pensions risk survey shows that the scheme deficits of FTSE350 companies...

The Principles for Responsible Investment (PRI) has appointed David Atkin as its new CEO. Atkin will become CEO on December 10, 2021, taking over from Fiona Reynolds, who announced her decision to...

AIG's Brussels headquarters saw 1,000 litres of fake oil spilt on its doorstep on Friday, as activists protested the insurer’s tar mining policies. The protest coincided with a similar stunt at the...

Former pensions minister Baroness Ros Altmann is leading a House of Lords campaign to get the government to re-introduce the triple lock on pensions this year, to protect the poorest pensioners. In...

TPT Retirement Solutions will be investing £54m from its default fund into into private equity.  For investors at the growth stage, this means that 3.5 per cent of their funds are invested...

Young people are not a homogenous group, with some feeling hopeful and even confident about their pensions and retirement planning, while more associate it with negative emotions, according to research from The...

HMRC’s pension flexibility statistics reveals £44m was refunded to people over-taxed when accessing their pension. As part of its latest pension schemes newsletter, HMRC has revealed that between July 1 and September...

A draft bill to amend and clarify existing GMP conversion legislation has been published in Parliament. In June, Margaret Ferrier, MP for Rutherglen and Hamilton West, announced that her bill would cover...

Unum UK has appointed Stuart Vann as a non-executive director, taking on the role of audit committee chair.  Vann has extensive knowledge of the insurance industry, most recently serving as CEO of Esure Group...

Pension schemes in the UK still have a lot of work to do if they want to adapt to the challenges of climate change, according to a report from The Pensions Regulator...