Latest United Kingdom News – Page 4
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News
KION Group completes £250m buy-in deal with Canada Life
Deal covers five different UK DB pension schemes within the group, covering the benefits of over 3,000 members
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News
Pension Protection Fund could lower the levy further, claims WTW
WTW claims that even if PPF distrust the government to bring the levy back, it could lower it below £100m
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Opinion Pieces
Viewpoint: Stewardship deserves a return to first principles
As the UK’s Financial Reporting Council consults on updates to the country’s Stewardship Code, Hans-Christoph Hirt, trustee director of the Hermes Group Pension Scheme, says it’s time for the investment industry to have an open conversation about the objectives of stewardship
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Analysis
COP29: Moderate success, but investors still await clear signals
PKA’s CEO sees momentum building on public-private partnerships, however
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News
LGPS Central launches sterling investment grade credit fund
The fund was developed in response to discussions with West Midlands Pension Fund, which provided £650m in seed investment
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News
Aviva Investors launches third UK LTAF with addition of private debt fund
New fund gets £750m cash injection from Aviva’s Future Focus default pensions solution
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News
UK government consults on green taxonomy
Government says in consultation paper that it is ‘committed to learning the lessons from taxonomy implementation in other jurisdictions’
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News
UK’s Unite asks pension funds to halt investments with Pemberton
Clwyd and six other Welsh pension funds invest in Pemberton via the Wales Pensions Partnership’s private credit strategy
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News
National Grid’s Electricity Supply Pension Scheme completes £1.7bn buy-in with Aviva
The transaction included transitioning the group’s existing longevity swap with Zurich to Aviva
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News
M&G launches Value Share Bulk Purchase Annuity with £500m transaction
The proposition balances the needs of both members and sponsor
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News
Consolidating DC schemes into megafunds could lead to unintended consequences
UK government proposes consolidation of DC schemes into £25bn megafunds
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News
Investor coalition launches report on unequal voting rights sanctions
ICEV hopes report to be ‘useful guide’ for investors considering how to navigate ongoing dilution of shareholder and voting rights
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News
IFRS Foundation helps companies identify sustainability-related risks
The new guide aims to encourage more integrated thinking on a company’s impact on its wider value chain
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News
Absence of further guidance on surplus sharing for UK DB schemes is ‘missed opportunity’
Industry commentators say government should tap into corporate DB pension sector for capital investment into UK
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News
Industry calls for thoughtful execution of UK LGPS ‘megafunds’ reforms
Government is looking to secure more than £20bn for investment in local communities
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News
Church investors push for faith-aligned investments
The Church Investors Group has called on asset managers to have ‘more room for faith’ as it publishes new guide to faith-consistent investing
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News
Aegon, NatWest Cushon commit to help with British Growth Partnership launch
Chancellor has previously tasked British Business Bank with establishing the British Growth Partnership
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News
British Business Bank completes £250m LIFTS investment with Schroders Capital
The fund aims to catalyse more than £1bn of funding, including from UK pension funds
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News
UK government proposes pension reforms to unlock £80bn of investment
Government proposes merging LGPS assets and consolidating DC schemes into super funds
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News
Local Pensions Partnership Investments hits £200m cost savings
CEO Chris Rule says greater pooling of funds could help deliver scale and better cost savings