Latest United Kingdom News – Page 8
-
NewsTPR amends Statement of Strategy following consultation feedback
Trustees will need to consider at an early stage the full list of data that they will need to submit, says LCP
-
NewsForeign investment by sovereign wealth funds ‘critical’ to driving UK economic growth
City of London Corporation estimates that up to £7.7bn could be unlocked in additional capital from sovereign investors
-
NewsSchroders Capital UK venture capital LTAF gets green light to launch
The fund will be seeded with cornerstone investment of £300m from Phoenix and the British Business Bank
-
NewsAegon UK awards £720m multi-asset credit mandate to asset management arm
The mandate is run as part of the £12bn Aegon Universal Balanced Collection fund, with over 700,000 members
-
NewsTPT Investment Management launches £650m private credit fund
This is the third in the series of seven planned fund launches
-
NewsMerseyside Pension Fund in £200m buy-in with Aviva
The transaction secures the benefits of 2,500 scheme members
-
NewsIFS calls for targeted approach to automatic enrolment as part of pensions review
The Institute’s suggestions could boost UK retirement incomes by between 12% and 16%
-
NewsPPF launches consultation as it plans to keep levy at £100m
UK’s lifeboat scheme continues to engage with government on possibility of lowering levy further
-
NewsCurrent policy initiatives could be detrimental to UK’s productive finance agenda
Any attempt to force providers to invest more heavily in certain asset classes is a direct challenge to trustees’ fiduciary duty, says Pensions Policy Institute
-
NewsUK government, regulators prompt to clear way for long-term investment funds
A cross industry initiative has made several recommendations to increase investment in private capital
-
NewsNEST anticipates investing £20bn in UK market by end of decade
The £40bn master trusts already invests around £8.5bn in UK economy
-
NewsLGPS fund buys stake in nature asset manager
West Yorkshire Pension Fund becomes significant minority owner of Rebalance Earth, taking a 25% stake
-
NewsIGG launches centre of excellence to help schemes navigate endgame solutions
TPR analysis shows 3,750 of 5,000 DB schemes as being in surplus on a low dependency basis, with a further 950 approaching the same level of funding
-
NewsLPFA appoints Minerva to help strengthen its stewardship role
Minerva will develop a bespoke voting policy for LPFA that aligns with the fund’s net zero objectives and targets
-
NewsMajor investors urge companies to tackle nature-related inaction
Swedbank Robur Fonder AB, BVK, P+ and Velliv are among the 26 institutions signing a statement issued by the World Benchmarking Alliance
-
NewsGovernment consults on UK pension investment review
The first phase of pension review aims to boost investment, increase pension pots and tackle waste in the pension system
-
NewsLGPS Central sees assets under management grow to £29.9bn
the pool claims to date it has saved partner funds £89m
-
NewsUK regulator tells schemes to ‘act now’ on pensions dashboards
TPR said it will take action against schemes that do not comply with its expectations
-
NewsFiduciary managers evolve capabilities to meet changing needs of UK DB schemes
While more large schemes are now adopting fiduciary management, the market remains dominated by smaller schemes, says IC Select survey
-
NewsCoats Group scheme completes £1.3bn buy-in deal with PIC
The deal covers 18,042 scheme members, as the plan sponsor makes upfront cash contribution of £70m to the scheme and a further £30m loan
