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Around the World News

Boal & Co offers new pension product

Pensions provider Boal & Co has launched a new product aimed at taking advantage of the Isle of Man’s pension freedom reforms. The Isle of Man government relaxed its rules

European Pensions News UK Pensions

Simeon Willis joins Xafinity Punter Southall as chief investment officer

Pensions consultancy Xafinity Punter Southall has appointed Simeon Willis as chief investment officer. He joins from KPMG where he was a director and head of investment strategy. Willis will be

Events

PMI — Uncharted waters: what next for pension fund trustees?

This Pensions Management Institute (PMI) event is free for trustee group members. Topics to include: Role of the professional trustee Trustee soft skills Valuation methodology Risk transfer PMI trustee group ESG

News UK Pensions

Royal London: Pension tax system requires overhaul

Royal London director of policy Steve Webb has called for reform to the way pension withdrawals are taxed, as new HM Revenue & Customs (HMRC) figures reveal that tax over-payments

News UK Pensions

Brunel Pension Partnership appoints LGIM as fund manager

Brunel Pension Partnership has appointed Legal & General Investment Management (LGIM) as its first fund manager following a tender process on its passive equity portfolio. The mandate is expected to

News UK Pensions

Law firm-backed group claim over university strikes attracts 1,000 students

More than 1,000 students have joined a group action that is seeking compensation for teaching time lost as a result of strike action at universities over changes to the pension

News UK Pensions

SPP elects Paul McGlone as new president

Aon Hewitt partner Paul McGlone has been elected as the new president of the Society of Pension Professionals (SPP). McGlone’s two-year term at the SPP takes effect from 1 June

Around the World News

US state plans facing massive funding gap, says The Pew Charitable Trusts

US states are facing a rising pension funding gap, with the deficit standing at an eye-watering $1.4 trillion (£998.62 billion) as of 2016, according to The Pew Charitable Trusts. The

European Pensions News

RiskCo acquires InAdmin from APG

Dutch pension administrator RiskCo has agreed to acquire the defined contribution pension administration subsidiary of APG Groep. The deal will see the pension administration provider take over InAdmin and the

News UK Pensions

Climate change risk ‘needs’ to be factored into pension scheme investment strategies

Pension trustees must incorporate climate change risk assessment into their investment strategies, a new report from Pinsent Masons and the University of Leeds has argued. The report, Managing Climate Risk