Hints and tips:
Related Special Reports
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...A spokesperson for the BP pension trustees said they had a duty to “continually review and assess all investment options to manage the security of the fund and members’ benefits”, adding that “such options...
...The Hong Kong authority running the MPF scheme said the BNO was not considered a valid travel document and should not be used as evidence for early withdrawal of pension funds....
...In some cases, when anti-ESG and boycott laws passed, public pension fund trustees balked at being forced to move money, saying it would violate their fiduciary duty to put investors first....
...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....
...“Once the bank got into capital markets and trading, it started to lose its DNA and the mentality changed,” said Kaufmann, whose foundation represents Swiss pension funds and institutional investors that...
...For Mick McAteer, co-director of the Financial Inclusion Centre and a former board member of the Financial Conduct Authority, this is a problem....
...UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned....
...The Big Read Once an investment backwater, infrastructure has become a favoured area for pension funds seeking yields and protection against market volatility....
...(Simon Mundy) Smart reads The Taskforce on Social Factors, set up by the UK government to look at social risks and impacts that pension fund trustees should consider, published its final report yesterday...
...Mick McAteer, a former board member of the FCA and a vocal critic of the Solvency II reforms, has publicly called for regulators to “put a hold on transfers of pension schemes to insurers until we have a...
...London Paul Ross Chairman, Optifuel, Chair CEA and former Director Advanced EngineeringSectir Advisory Board Susan Walton Director, Frost Consulting Mike Weston Chair of Trustees, Institute of Cancer...
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...One year the levy imposed by the UK’s Pension Protection Fund, which rescues pension funds when their sponsors become insolvent, rose by enough to wipe out the company’s profits....
...Data visualisation by Keith Fray Letters in response to this article: Pension fund assets could be made to work for benefit of all / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...It has struggled with debt and pension obligations, but during the past couple of years the company has worked hard to cut costs and change what the chair has described as “longstanding inefficient business...
...To quote Bailey again: The LDI model does not necessitate leverage; it is a way of managing the assets and liabilities of pension funds. But it has become more leveraged over time....
...Daniel Thomas Nicolai Tangen, Norway’s oil fund The chief executive of Norway’s $1.4tn oil fund — the world’s largest sovereign wealth fund — says the festive season is all about having a “Norwegian Christmas...
...The rise of professional trustees at UK pension schemes is also thought to provide some ballast to the dominance of consultant advice....
...Weingarten: There are times as an AFT trustee, when you’re sitting on the board of a pension fund and you see $4bn in front of you and you have to make an investment decision. Wow....
...The pension trustees should get £20mn from Wilko’s property assets, although it is unclear what the pension deficit is....
...The group also has also asked the trustees of its pension to defer the next £18.8mn of deficit repair contributions. De La Rue was already under huge pressure before Wednesday’s statement....
...It’s free up this money that’s trapped in pension funds that some of those pension fund managers effectively might want to put to work elsewhere but currently can’t. Yes, they have to do that safely....
...British companies are fleeing abroad for a start-up capital, and one reason is the UK pension system. Harriet Agnew Pension funds have had the risks that are beaten out of them....
...Harrison said he expected pension funds to move from pure play LDI to fiduciary management — which involves the delegation of some investment decisions by trustees to advisers, alongside providing investment...
International Edition