Newsmakers
UK Trade Organization Seeks to Define ESG
The Investment Association attempts to clear up three key issues in the space.
Tag: UK
UK Industry Group to Advise on GMP Equalization
PASA-led group will help pensions abide by High Court ruling.
UK Corporate Pensions’ Deficit More than Doubles in December
Funded level of the FTSE 100 pensions falls 3% as surplus proves to be short lived.
UK Private Sector Pensions to Pay More than £300 Billion by 2021
Record amount attributed to rapidly growing buy-in, buy-out market.
TPR Bans CEO from Being Trustee for Refusing to Cooperate
Christopher Wrigley allegedly threatened one of the regulator’s case workers.
High Court to Review UK Women’s Pension Age Increase
Activist group BackTo60 clears first hurdle in bid to decrease eligibility date for benefits.
Pension Funds’ Appetite for Private Equity Grows
Asset class is top choice for US, UK public pensions in Q3
UK Corporate Pension Deficit Nearly Triples in October
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Five FTSE 100 Firms Pay More in Pension Contributions than Dividends
But most large companies still allocate far more to shareholder dividends.
Newsmakers
UK Pension Equalization Angers British Women, Ex-Minister
Activist groups, Altmann disregard Parliament’s ‘gender equality’ measure.
UK Regulators Issue Joint Pensions Strategy
The FCA, TPR address fundamental changes in pensions sector.
Prudential Closes $3.2 Billion in New UK Longevity Reinsurance Deals
Firm says market for pension de-risking is expanding at its fastest pace in years.
Research
Britons Missing Nearly £20 Billion in ‘Lost’ Pensions
Report says changing jobs, moving homes are most likely causes of lost pensions.
TPR Fines Trustees for Not Investing Savings Promptly
Failure to invest £1.4 million for three years affected more than 9,000 Salvus Master Trust plan members.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.