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...Victoria Tillbrook, a UK pensions expert at consultancy PwC, said “more and more” trustees wanted to fully understand developments in what insurers were doing, what was being reinsured and the position of...
...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...“The duty of pension scheme trustees first and foremost is to maximise returns for members.”...
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...At the same event, the Pensions and Lifetime Savings Association, which represents the UK’s £1tn pensions sector, said the government should not tell pension funds how to invest....
...“The bigger funds are more nimble and can act quickly,” said Chris Roberts, managing director at Dalriada Trustees, a firm of professional trustees....
...“I am not sure that it is the role of the government to tell trustees where they place their money,” he said, when was asked whether he thought governments should compel pension funds to invest to help meet...
...But she told the Financial Times she would have “cause for concern” if ministers were to go a step further and direct trustees as to where funds should be allocated....
...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....
...Trustees of UK pension schemes would be prevented from taking “overly risky” decisions after government plans to ease employers’ access to billions of pounds in pension fund surpluses, ministers said....
...The damage was particularly acute in LDI pooled funds, which are managed for mainly smaller pension funds....
...Trustees of large pension funds in the UK are already required to set a climate-related investment target, and must also consider the potential impact of climate change on a scheme’s assets and liabilities...
...The median Gen X household has just $40,000 saved for retirement, and 40 per cent of all 401k accounts have a zero balance, according to the National Institute on Retirement Security....
...In a statement on Tuesday, the $494bn pension fund said Stephen Gilmore, the former chief investment officer of the NZ$73bn (US$43.5bn) New Zealand Superannuation Fund, would become its new CIO in July,...
...The Office for National Statistics’ National Life tables show that for those aged 65 between 2020 and 2022, men could expect to live another 18.3 years, and women another 20.8 years....
...A competent team of plumbers is sorely missing....
...across cultures and geographies, as the pension fund’s chief investment officer....
...When pension trustees give money to fund managers, they must be confident these managers are serving pension savers’ interests and not a political agenda....
...A letter to participants from Dalriada Trustees, which now manages the funds, has warned them they could be taxed on everything transferred from their original pension funds to Ark — or in some cases even...
...These are risks that every private pension scheme and sovereign wealth fund faces today. But for these risks, such funds have been rewarded over long-term horizons....
...Sir Graham Watson, 67, a former president of the liberal ALDE party, has also joined the action. He said MEPs agreed to drop national pay and conditions in return for the new pension scheme....
...But achieving these levels of income in your mid-50s is very different to achieving it at state pension age, when the full state pension of £11,502 a year kicks in — assuming you made the sufficient national...
...Trustees need to be telling advisers what to do, rather than the other way around. Rory Murphy Chair of Trustees Merchant Navy Officers Pension Fund West Sussex, UK...
...national interest, backing vital investment and keeping start-up companies in Britain....
...The Pension Protection Fund’s Purple Book — the UK’s almanack of private sector defined benefit pensions — dropped on Wednesday....
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