Pensions
UK Women Lose Court Challenge Against Pension Age Increase
Ruling could affect 4 million British women. Activists vow to take the case to Supreme Court.
Tag: UK
Market Moves
UK Corporate Pension Funding Falls in July
Aggregate deficit of the PPF 7800 has more than tripled over the past year.
Asset Management Culture
Church Commissioners Appoints Bess Joffe Head of Responsible Investment
She will replace Edward Mason, who left earlier this year.
Asset Allocation
UK Pension NEST Aims for Net-Zero Carbon by 2050
New climate change policy expected to halve portfolio’s carbon emissions within 10 years.
Pensions
UK’s Largest Pension Fund Loses 1.7% in Fiscal 2020 But Beats Benchmark
Universities Superannuation Scheme reports 6.19% five-year return.
Research
Less Tax-Efficient Funds Cost UK DB Plans £250 Million Yearly, Study Finds
Researchers say pensions must invest in tax-transparent funds, insurance policies to be eligible for tax advantages.
Coronavirus - COVID-19
UK Retirements Could Be Postponed Due to Pandemic
Research from Aviva finds that some may have to spend more of their life working because of COVID-19.
Pensions
Trade Association Says UK COVID Bill Could Hurt Pension Industry
The PLSA warns of ‘unintended negative consequences’ for pensions of insolvent firms.
Regulation
UK Regulator Targets Defined Benefit Transfer Weaknesses
FCA bans contingent charging, finds British Steel pensioners received worse advice than most.
Research
UK Corporate Pension Funding Hammered by Pandemic in April
FTSE 350 company plans swing to £52 billion deficit from £10 billion surplus during the month.
Asset Allocation
Op-Ed: We Need to Talk about Pensions
Matthew Bale from RiskFirst, a Moody’s Analytics company, takes an analytical look at the implications of COVID-19 for the UK pension industry.
Coronavirus - COVID-19
UK Equity Funds Weather Market Turmoil Surprisingly Well
Fixed income unexpectedly takes brunt of record monthly outflow of UK mutual funds.
Asset Management Culture
Pandemic Causes Railway Pension to Leave Taxpayers Shouldering £8 Billion Deficit
The UK-based Transportation Railway Scheme is deliberating ways to support the troubled railway pension.
Coronavirus - COVID-19
Fitch Downgrades UK’s Rating in Light of COVID-19 Impact
Brexit uncertainty, fiscal easing also factored into downgrade and ‘negative’ outlook.
Risk
UK Insurance Sector Warns Rate of Pension Withdrawal Unsustainable
Association of British Insurers says future retirees risk running out of money.