Latest News

Top Story

PLSA ESG 23: ‘Opportunity’ to evolve into narrative-based ESG disclosures


By Jack Gray

Industry experts have highlighted a potential opportunity to evolve environmental, social and governance (ESG) disclosures from being highly data driven to a more narrative-based approach.

In a session at the Pensions and Lifetime Savings Association (PLSA) ESG Conference, panel members discussed the advent of climate transition plans amid the Transition Plan Taskforce’s (TPT) guidance


Story 2

DB trustees urged to prioritise data work amid push to buyout

Defined benefit (DB) pension scheme trustees should be prioritising work to get their data buyout ready, Hymans Robertson has said, warning that data quality has become a key factor for schemes approaching the buyout market

Story 3

PLSA ESG 23: Industry has ‘failed’ if it waits for biodiversity regulation

Biodiversity is not something that the pensions industry can wait for regulations on and it has “failed” if it postpones action in anticipation of future regulation, according to Van Lanschot Kempen Investment Management chief investment officer, Nikesh Patel

Story 4

Nearly £500m paid to address state pension underpayments

The Department for Work and Pensions (DWP) repaid £497m to individuals impacted by historical state pension underpayments as of 31 October 2023, having identified 82,323 underpayments

Story 5

PLSA ESG 23: Integrated assessment models ‘not fit for purpose’

Integrated assessment models used to evaluate the feasibility of climate goals are “not fit for purpose” for pension schemes, Cushon strategic adviser, Julius Pursaill, has stated

Story 6

ICEV calls for an end to dual-class share structures

The Investor Coalition for Equal Votes (ICEV) has called for unequal voting rights, also known as dual-class share structures, to be phased out, after its analysis found that they could be “harmful” to beneficiaries

Story 7

DB Funding Code regs to be introduced in 2024

The Pensions Regulator (TPR) has confirmed that the Defined Benefit (DB) Funding Code regulations will be introduced in the new year, with TPR’s DB Funding Code to be shared “on the appropriate timeline”

Check out our latest news

FCA confirms final sustainability disclosure requirements

The Financial Conduct Authority (FCA) has confirmed its new sustainability disclosure requirements for asset managers and FCA-regulated asset owners
Clara Pensions completes Sears pension deal

Clara Pensions has now completed its agreement with the Sears Retail Pension Scheme, confirming that the pension benefits of the scheme’s 9,600 members have now been transferred into the superfund
Number of schemes committed to net zero continues to rise

The proportion of pension schemes that have made a commitment to net-zero carbon emissions rose by 11 percentage points over the past 18 months to 68 per cent, according to a survey by the Pensions and Lifetime Savings Association (PLSA)
Pension professionals unconvinced of DB success story

Two thirds of pension professionals are not convinced that UK defined benefit (DB) pensions have been a success story, despite recent funding improvements, research from LCP has found

Askews Retirement Scheme completes £11m buy-in with L&G

Askews Retirement Scheme has secured an £11m full-scheme buy-in with Legal & General (L&G), covering the benefits of all 86 scheme members
Over two-thirds of younger workers want place-based impact investment for pensions

More than two-thirds (69 per cent) of workers aged between 16 and 35 with a defined contribution (DC) pension want their pensions to be invested to directly benefit the environment and local community, according to data from Gresham House


View More News

Highlighted Content

Expanding institutional opportunities

Exchange traded funds (ETFs) have emerged as one of the most transformative financial innovations of this generation

A postcard from China

Will Scholes reflects on findings from a trip to China, and Sexplores its changing trade relationships

Constructing buyout-ready portfolios for the endgame

As defined benefit (DB) schemes adopt a holding pattern ahead of a potential buyout, LGIM’s solutions team share their insights into how they believe schemes can best invest to meet their

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

Feedback loop

Maggie Williams explores the legislative changes in the pipeline for the UK pensions industry

Putting ChatGPT to the test

How well can AI take on the challenge of writing pensions comms to members?

Building for success

Francesca Fabrizi meets Skanska Pension Fund trustee director and head of pensions, Mohsin Harhara; and chair of the trustee board and executive vice president, Harvey Francis, to discuss the pension fund’s dynamic journey in recent years

A new view of the pensions industry

Shantel Okello looks back at her internship at the Pensions Policy Institute

Who gets the money?

As many DB schemes are now experiencing surpluses, Pensions Age asks the industry where they would like to see these distributed

Gauging appetite for CDC

Following the Chancellor’s Mansion House announcements on decumulation policy and the expansion of collective defined contribution (CDC) schemes in the UK, there seems to be mixed opinions as to what impact the introduction of CDC schemes will have. Pensions Age asks: Are you excited by the prospect of CDC?

Will AI leave room for the human touch?

The artificial intelligence boom has sent shockwaves through the financial services industry, but its impact has yet to be fully felt across the pensions sector, finds Beth Ure

Old dogs, new tricks

Louise Farrand explores the new and varied ways scammers are trying to get hold of people’s pensions, and how the industry is responding to the challenge

Financial education: Lessons for a lifetime

Sam Meadows explores the importance of financial education at schools to improve peoples’ long-term savings prospects

PMI: Increasing engagement

Robert Wakefield speaks to Laura Blows about his ambitions for change during his time as president of the PMI

Finding a DC small pots solution

To address the large number of deferred small DC pension pots, the government has proposed a framework for a multiple default consolidator model. This approach appears to have split industry opinion. We ask: Are you supportive of the government’s proposed solution?

Testing times for trustees

The technical, practical and regulatory demands faced by trustees have all increased in recent years. David Adams looks at the possible consequences of those changes for the recruitment and retention of both lay and professional trustees

View More Features

Check out our latest jobs


View More Jobs

Sustainable investing for DC schemes
Laura Blows discusses sustainable investing for defined contribution plans with BlackRock head of UK & MEA global consultant relations, Claire Felgate, in Pensions Age’s latest video interview

Spotlight on Emerging Markets
Francesca Fabrizi talks emerging markets with Polar Capital’s head of Emerging Markets & Asia, Jorry Nøddekær, exploring the opportunities for pension funds in the current global setting

Sustainable Investing
Laura Blows speaks to Royal London Asset Management sustainable fund manager, George Crowdy, about global sustainable equity investing
The latest in multi-asset credit
Laura Blows discusses the high-yield market and multi asset credit with Royal London Asset Management senior fund manager, Khuram Sharih

© 2019 Perspective Publishing     Privacy & Cookies