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News UK Pensions

FTSE350 pension gap has more than halved, finds Mercer

The accounting deficit of defined benefit pension schemes for the UK’s 350 largest listed companies decreased from £72 billion at the start of 2018 to £32 billion on 31 July,

European Pensions News

PensionsEurope CEO joins expert group

Matti Leppälä of PensionsEurope has been appointed to a high-level group of experts on pensions. Leppälä, who is secretary general/CEO of PensionsEurope, has joined the European Commission’s group of pension

News UK Pensions

Pensions dashboard petition edges closer to 87,000 signatures

Support for the pensions dashboard is growing, with almost 87,000 signatures already gathered in protest against work and pensions secretary Esther McVey’s reported decision to scrap the project. The petition

News UK Pensions

The People’s Pension names Chris Fagan as new trustee

The People’s Pension has appointed investment specialist Chris Fagan as a trustee. Fagan is an associate director with independent consultancy, Muse Advisory. Prior to his appointment at The People’s Pension,

European Pensions News

FECIF forms new pensions institute

The European Federation of Financial Advisers and Financial Intermediaries (FECIF) has formed a new pension institute. The FECIF European Pension Institute (FEPI) will support and promote the development of consumer-orientated

News UK Pensions

Greater enforcement powers proposed for TPR

Civil fines of up to £1 million could be leviable and criminal prosecutions brought against pension schemes and their bosses under proposals intended to strengthen the powers of The Pensions

News UK Pensions

UK to require pension fund statements on climate change and other ESG factors

The UK government has proposed making pension scheme trustees outline how they consider climate change when making investment decisions. Pension scheme trustees will have to spell out in their statement

News UK Pensions

Brunel awards ACS operator mandate to FundRock

Brunel Pension Partnership has appointed FundRock Management Company as its authorised contractual scheme (ACS) operator for an investment management vehicle set to oversee around £7.5 billion of actively managed equities.

Around the World News UK Pensions

PIC installs Dominic Veney as chief actuary

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has appointed Dominic Veney as chief actuary and member of its senior management team. Veney, who takes over

News UK Pensions

The People’s Pension adds Maddison to board of trustees

The People’s Pension has appointed David Maddison to its board of trustees. Maddison (pictured) will begin his two-year term on 1 June. He brings a wealth of experience from nearly