Hints and tips:
Related Special Reports
...Senior industry professionals say they are worried about the growing involvement of overseas reinsurance firms operating outside UK regulation in corporate pension deals....
...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...Led by pension funds and endowments, big investors sold 99 per cent of their private equity holdings at or below their net asset value on the secondary market last year, according to Jefferies, the most...
...The global textile industry is responsible for up to 10 per cent of global emissions, and makes little use of recycled material or waste....
...In a governance reshuffle intended to signal independence and to reflect its growth, SBTi incorporated as a limited company last year and added independent trustees to its board....
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...“The duty of pension scheme trustees first and foremost is to maximise returns for members.”...
...Armitt is a former chair of the National Express Group and held senior roles with the Berkeley Group as well as the Board of Transport for London....
...“The bigger funds are more nimble and can act quickly,” said Chris Roberts, managing director at Dalriada Trustees, a firm of professional trustees....
...The leader of the UK’s biggest private sector pension scheme has urged the government to refrain from excessive intervention in how retirement funds are managed....
...Industry investment: On Monday, the chancellor announced £360mn of combined government and industry investment to boost the life sciences, automotive and aerospace sectors....
...Employers’ access to billions of pounds of surpluses in UK company pension funds would be eased under proposals set out by the government on Friday....
...There are always a lot of different interests to manage at the top of a pension plan, but the psychodrama between the board, plan members, the investment staff, the media, and local, regional and national...
...Trustees have also warned that industry moves to make the financial system more resilient could yet lead to unintended consequences....
...facing pension funds It was not the most festive of Christmas cards....
...BlackRock’s LifePath Paycheck, which rolls out in April, also combines target date funds with annuities, but the guaranteed payments can start sooner, allowing participants to keep the rest of their pension...
...In its response, the Society of Pensions Professionals, an industry body, raised “grave” concerns about the lifetime provider model....
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...The industry and some economists worry that the continued flow of money into buy and hold funds could harm financial markets....
...It has appointed Ivan Power, a 20-year Macquarie Group veteran, to run the fund. Power said Australia could offer a big pool of private capital, including large pension funds....
...At least eight very large US public pension funds are using borrowed cash or other leverage strategies, now that the board of Calstrs, one of the largest US retirement funds, this month voted to allow the...
..., the industry body....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...Ross Goobey managed the remarkable feat of persuading the fund’s trustees to let him invest in equities and dump the fund’s gilts....
...Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean energy transition...
International Edition