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...
The Chancellor’s announcement of an increase in the charge cap for auto-enrolment pension schemes, above the current 0.75 per cent level, has been well-trailed. The intention to encourage more pension money to...
The Chancellor has announced plans to address the ‘net pay anomaly’ which has seen many low-paid workers miss out on tax relief on their workplace pension contributions. However, pension experts have criticised...
Chancellor Rishi Sunak has announced a consultation on reforming the charge cap on DC workplace pensions in today’s Budget. This charge cap is currently set at 0.75 per cent. In his budget...
Pensions dashboards are on target to launch in 2023, according to the latest progress report. The Pension Dashboard Programme (PDP) confirmed that the main focus of its work over the past six...
UK pension schemes fund an estimated 330m tonnes of carbon emissions every year according to new research. This analysis, by the campaign group Make My Money Matter and research house Rote2, says...
Ahead of the COP26 climate change conference next week, Smart Pension has confirmed that 70 per cent of its master trust default fund is now in invested in portfolios that meet strict...
Schroders has bought River and Mercantile’s fiduciary management and derivatives business. The transaction is valued at about £230m. Schroders said this purchase of R&M’s UK Solutions Division will strengthen Schroders own fiduciary...
Insurance broker and employee benefits specialist Aston Lark has joined the trade body Group Risk Development. The broker advises on a range of benefit options for the corporate market. It said that...
The Financial Conduct Authority has opened the door to wider DC investment in illiquid assets by setting out a new regulatory regime for long term asset funds. In order to facilitate this...
