Hints and tips:
Related Special Reports
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
...Heavy lobbying by pension and investment fund managers played a large role in the Treasury’s decision to intervene on ground rents — an annual payment that is part of the centuries-old leasehold system that...
...A UK government push to persuade local authority pension funds to plough billions of pounds into levelling up projects may conflict with trustees’ duty to secure the best returns for pensioners, one of Britain...
...Kensington and Chelsea first set out ambitions in 2018 to hold up to a fifth of the portfolio in directly held property, with the intention of building holdings of around £300mn, said Triggs....
...Trustees of the M&S pension plan declined to comment beyond the statement on the website. Meanwhile, Diageo said some of its 32,000 pension members had been affected by the incident....
...“Frankly, there’s no reason why any of the pension funds here should say ‘oh, I’ve got to invest in the UK’....
...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...
...The decision of SoftBank to favour New York with the initial public offering of subsidiary Arm, a UK-based chip designer, also hurt local pride....
...The government said a “Lifetime Provider” pension model would give savers “greater agency and control over their pension” and would deal with the problem of millions of small pension pots building in the...
...In tandem, we propose the creation of a local community growth fund to attract private investment into opportunities identified by communities across the UK....
...“What’s remarkable is the total harmony and integration of natural forces with the local traditions.”...
...On the north side of the main quadrangle at Hillsdale College in Michigan, a recent oversize building symbolises the growing influence of this tiny US educational institution....
...Part of the answer is consolidation of surviving defined benefit funds. A tested solution — the Pension Protection Fund — is already established and proven....
...After years of searching, JDS secured $664mn in construction financing from Silverstein and Otera Capital, the real estate arm of Quebec’s pension fund, in April 2019....
...“to unlock the building of more homes”....
...Additional reporting by Harriet Agnew and Emma Dunkley Letter in response to this article: Trustees can make the most of pension reforms / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...Since 2021, trustees of the UK’s biggest pension schemes have been required to identify, assess, manage and disclose climate-related risks and opportunities....
...(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...
...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....
...Calpers, the California pension fund, also told Reuters it had voted for Trian’s nominees because it thought Disney would benefit from “fresh eyes” on its board....
...There is talk of consolidation of local authority pension plans, too, but this plan is also not very radical....
...Hunt is not proposing to mandate pension fund trustees on where they should invest their money....
...The Pensions Regulator wrote to more than 300 pension funds, which include a mix of private-sector defined benefit and defined contribution schemes, according to a person familiar with the matter....
...So I will introduce new requirements for DC and local government pension funds to disclose publicly their level of international and UK equity investments....
...The immutable right of pension trustees to invest as they see best on behalf of their members runs through this debate....
International Edition