Pensions and insurance consultancy XPS Group is to provide investment consultancy to the Barnsley-headquartered Sheffield Mutual Friendly Society. XPS will provide investment manager oversight, performance monitoring and will assess how the Society’s...
Further updated wording to the Pension Schemes Bill regarding government powers to mandate pension scheme investment practices was not enough to persuade the House of Lords to pass the legislation. This is...
A consolidation of assets into large schemes has led to more than half (£160bn) of occupational trust-based assets being overseen by fewer than 50 people, according to research by consultancy Lane Clark...
DC workplace schemes are making strong progress on net zero objectives, with 14 large multi-employer providers halving emissions on their main default, five years ahead of 2030 targets. These findings were contained...
XPS Group has appointed Callum Stewart as defined contribution investment partner, after he previously had been head of investment strategy and proposition at Standard Life since 2023. At XPS, he will expected...
Aon has appointed Jenny Wiles to be the UK investment head of transitions within its investment team. Wiles joins from Willis Towers Watson, where the transition and onboarding projects for pension schemes...
Professional trustees are using artificial intelligence for wide range of functions, according to research by Hymans Robertson. Such trustees saw AI as particularly important for data management, simpler processes and help with...
The Royal Mail Pension Scheme contract overseen by Capita has been axed by the government after the firm allegedly failed to meet key technological milestones for the project. Nick Thomas-Symonds, paymaster general...
The Northern local government pension scheme, which manages more than £70 billion in assets, has named Elizabeth Renshaw-Ames as the incoming chair and Paras Anand as the new CEO. Renshaw-Ames joins from...
HMRC has confirmed transitional regulations for accessing pension funds for those who turn 55 in the next couple of years. But its proposed changes have been criticised by advisers who say they...
