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...She added: “This is where the disquiet comes in for trustees — and their advisers too.”...
...But thousands of former Debenhams employees subsequently suffered cuts to their expected retirement benefits under the Pension Protection Fund’s reduced compensation terms....
...Industry-level aggregate data from the Pension Protection Fund shows that UK defined benefit pension plans invested 10 per cent of their equity allocations into domestic listed companies in 2022, down from...
...Pension funds and other investors in the US are increasingly wary of investing in China....
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...But at that stage every pension plan was an island, with no interconnections and no obvious mechanism for enabling the pension to follow the member. Ten years on that has all changed....
...“Trustees need to exercise their fiduciary duties and these are heavy responsibilities that are placed on them....
...Funds such as the Pension Protection Fund, the UK’s £32bn-in-assets retirement scheme lifeboat, and Border to Coast Pensions Partnership, a £60bn local authority pool, are among those looking for bargains...
...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....
...headteachers to the Institute of Education to the leaders of the major teaching unions....
...Pension funds can use this to get access to gilts to hedge against movements in the value of their liabilities....
...Furthermore, the Department for Work and Pensions will extend the Pension Protection Fund’s mandate to become a public sector consolidator of schemes that are too small for cost-efficient buyouts....
...Research by the Centre for Policy Research, a New Delhi think-tank, shows spending on education, health and other areas has fallen proportionally....
...The announcement, part of Ottawa’s federal budget released on Tuesday, comes after nearly 100 Canadian executives signed an open letter in March urging pension funds to boost their domestic investments....
...The announcement comes after nearly 100 Canadian executives signed an open letter in March urging pension funds to raise their domestic investments....
...The government said it would consider taking further action against pension funds that did not raise their allocations to the UK....
...“Pension funds use leverage to manage cash flow and manage portfolios more efficiently,” said James Lewis, chief investment officer at the UK arm of Mercer, which advises pension funds....
...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...
...She added that the pension reforms would distort the higher education market place....
...He made the comments as he confirmed plans to introduce a new requirement on pension funds to disclose their allocations to the UK, and to ban poorly performing funds from taking on new business....
...He took out a $91.6mn surety bond to pay defamation damages to his sexual assault victim, E Jean Carroll....
...Pension funds and insurance companies, in particular, have an opportunity to lock in an asset mix that matches their liabilities. But while demand may explain spreads, it does not justify them....
...One size fits most is no longer good enough, but the problem is what to replace it with? People find pensions confusing and depressing....
...To be confident their pension money will last through retirement, a saver has conventionally been told to limit withdrawals to 3-4 per cent of the value of the fund each year....
...Their approach to architecture was based around coping with climate, designing buildings that would do the work of shading and encouraging breezes and the circulation of air naturally and without mechanical...
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