Pension System – Page 141
-
News
UK universities scheme deficit climbs to £13bn with COVID-19 impact
DB promises were expensive already before the pandemic crisis, says CEO
-
NewsUK’s NEST adopts net-zero policy, skips on UN group over fee
DC provider to shift £5.5bn-plus assets to ‘climate aware’ fund
-
News
Border to Coast invests £675m in infra, secures £760m for more
Asset manager for local authority pension funds made eight investments with commitments secured in first round
-
News
PLSA recommends statutory duty to provide decumulation support
Association launches consultation on proposal aiming to address problems linked to 2015 pension freedoms
-
NewsLV= employee scheme turns longevity swap into £800m buy-in
The move represents a significant de-risking step and reduces volatility
-
NewsAverage UK pension chair pay unchanged in 2019 at £47,305
Majority of chairs responding to survey are not expecting remuneration to increase
-
NewsAustrian pension funds’ performance rebounds in Q2
Returns of 5.44% in Q2 2020 despite market volatility
-
NewsGrandhood eyes UK market after Danish deal ups scalability
Linking with life insurer in Denmark allows pensions tech firm to offer ‘complete product suite’
-
NewsGerman occupational pensions need simplified rules to unlock expansion
Almost 50,000 employers received subsidies to finance pensions for 680,000 employees
-
News
PNO Media: Dutch pensions deal to increase interest in lifecycle product
‘A lifecycle product fits very well with contemporary pension trends’
-
NewsSwiss 1e pension plan providers see AUM jump to CHF5bn
Assets expected to grow 15% annually to CHF10.1bn in 2025
-
NewsLCP raises alarm about ‘rigidity’ in DB funding code proposals
Consultancy calls for flexibility and more consideration of interaction with covenant strength
-
News
German business association proposes Riester-Rente overhaul
Wirtschaftsforum der SPD calls for transition to ‘flexible guarantees’
-
News
Swiss railways fund hires new CEO from Publica
The new CEO will start in November as the pension fund looks to its next steps following completion of a 10-year recovery plan
-
News
UK roundup: XPS models potential COVID-19 liability cut of up to £90bn
Plus: £5m bulk annuity for small scheme; PensionBee calls for more support for those accessing DC pensions
-
News
Velliv buys into fintech Grandhood to crack self-employed market
New digital pensions firm links up with long-standing Danish pensions provider to launch new product
-
News
German state pension remains confident for the future despite pandemic
Financial reserves decreased in the first five months of 2020, from €40.4bn in January to €36.9bn in May, but it recorded an uptick to €37.2bn in June
-
NewsEIOPA floats IORP II change to require impact on ESG consideration
Supervisor suggests change within the Article 19 prudent person rule may improve ESG integration by pension funds
-
NewsFRC seeks members, views for stakeholder reporting panel
The project will include corporate reporting obligations under section 172 of the Companies Act 2006
-
News
Parliament agrees to Dutch pensions reform but questions remain
It is still unclear what method will be used to convert existing DB pensions to the new contract
