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Showing 21 - 30 of 124 results for "UK pension"

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

BlackRock wins monumental mandate

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... externalise the investment management came from increased regulation, operational costs and investment complexity in the UK pension scheme industry. In addition, the schemes have matured, and the investment needs have changed, requiring an increased ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

Standard Life Aberdeen sells 196-year-old brand

JAMIE WILLIAMSON  |  WEDNESDAY, 24 FEB 2021
... 2022. It has also acquired Phoenix Group's UK Trustee Investment Plan to consolidate its investment offering for UK pension clients. For all of the assets an upfront payment of $88 million will be made. The revised agreement aims to simplify the ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... helping achieve good retirement outcomes for members," Austin said. The Institutional Investor Group services about 300 UK pension funds with collectively more than US$884 billion (as at 30 June 2020) in assets under custody.

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
About half of all UK defined benefit pension funds are now targeting a buy-out as their long-term objective, new research shows. A survey of 100 DB pension scheme trustees by consultancy Hymans Robertson revealed the number of pension funds aiming for ...

BlackRock wins $7.1bn mandate

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
BlackRock has secured a $7.1 billion (£4bn) mandate from a UK pension scheme. The investment manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
UK pension funds may soon be required by law to report on the risks climate change could have on their members' investments, becoming the first major economy to do so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... flow on impact of lower revenue and the high level of operating leverage in this division. Link Group also entered the UK pension market in FY20 through its strategic partnership with Smart Pension. As at 30 June 2020, Link said it administers around ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...