UK Regulator TPR Names Nausicaa Delfas Chief Executive
She will succeed Charles Counsell who is stepping down at the end of March.
Tag: UK
Pensions
UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Regulation
Regulator Calls on UK Trustees to Prepare for Next Bond Market Meltdown
The Pensions Regulator wants LDI-driven plans to be ready if yields suddenly jump like they did in September.
Pensions
Market Volatility Boosts UK Corporate Pension Funding
FTSE 350 pension plan surplus increases nearly six-fold in October.
Research
U.K. Nest Pension Auto Enrollment Remains ‘Robust’
Despite turbulent year, auto-enrollment continues to thrive, with opt outs lower than expected.
Newsmakers
BT Pension Plan Lost £11 Billion in Buildup to U.K. Bond Meltdown
Despite the steep loss, CEO Morten Nilsson says there is ‘no worsening’ in the plan’s funding position.
News
U.K. Pension Withdrawals Surge Amid Rising Inflation
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
Risk
Surging Funding Levels Set to Turbocharge UK Pension De-Risking
However, insurance companies likely won’t be able to accommodate the increased demand.
Pensions
UK High Court Says RIP to RPI
Ruling shoots down BT, Ford, Marks and Spencer pension funds’ challenge to reforming inflation calculation.
Asset Allocation
Despite Falling Markets, UK DB Funding Levels Continue to Rise
Thanks to surging bond yields, the aggregate funded ratio of the PPF 7800 rose to 120.1% in June, up from 106.5% a year ago.
News
Uber Pledges to Provide Sharia-Compliant Pensions in the UK
However, union says ride-hailing firm has yet to tell its majority Muslim drivers.
Newsmakers
Canadian, UK DB Plans Improve Despite Market Volatility and Inflation
Rising bond yields more than offset investment losses to reduce pension liabilities.
Newsmakers
UK’s Biggest Pension Fund Facing Lawsuit, Potential Strikes Over Benefit Cuts
The plan is increasing contributions while cutting benefits despite significant investment returns last year.
Asset Allocation
British Pension to Shift $6.7 Billion Away from Polluters
USS is the largest private pension fund in the UK.
Newsmakers
UK Pension Ownership of British Firms Plummets
The proportion of public shares held by UK pensions has fallen to 4% from one-third since 1990.