- Published on: 31-01-2020
- Full Description
The Local Government Pension Scheme (LGPS) funding level is estimated to have fallen by over 10 per cent due to the Coronavirus crisis, whilst the Social Housing Pension Scheme (SHPS) funding level has reduced by around 5 per cent. In a National Housing Federation (NHF) update, pension advisers Isio explained that the LGPS had been harder hit by the crisis, as it was "on the whole" invested in riskier assets.
The Pension Protection Fund (PPF) will give levy payers struggling as a result of the coronavirus pandemic up to 90 days interest free to pay their 2020/21 levy bill
The Pensions Infrastructure Platform Limited (PiP) has been acquired, in its entirety, by Foresight Group LLP, following a "competitive process" run by the PiP board
Samuel Heath, the bathroom accessories specialist, has cut its pension deficit by £0.8m after a decline in liabilities outstripped a reduction in asset values
Former Work and Pensions Secretary, Lord Peter Hain, has demanded that the UK government explain its plans to address delays to the pension scheme for Troubles victims.
In a House of Lords (HoL) debate on the Independent Monitoring Authority for the Citizens’ Rights Agreements, Hain stated that there had been a “savage denial” of rights previously enshrined in legislation, namely, pension payments for victims of the Troubles
Francesca Fabrizi interviews Nick Burns, CEO, Gallagher’s Employee Benefits Consulting Division, U.K about the UK pensions industry and asks why the time for change is now
Francesca Fabrizi meets Lee Clements, director of SRI research at FTSE Russell, to discuss climate change risk in investment portfolios
Laura Blows speaks to Laird R. Landmann, group managing director and co-director of fixed income at US-based TCW, about the opportunities TCW can provide for UK pension funds
Laura Blows talks to the Society of Pension Professionals president, Paul McGlone, about both the industry's and the society's latest developments.
Alex Mitchell, Head of Tracing & Data Solutions at Capita, meets Francesca Fabrizi, Editor in Chief of Pensions Age to discuss recent trends in the pensions tracing space
Francesca Fabrizi meets Craig Scordellis, Head of Long-Only Multi-Asset Credit at CQS, to discuss what MAC strategies can offer pension schemes today
Cashflow-driven investing (or CDI) is becoming increasingly topical as pension schemes progress
to their endgame. Not only this, but market events in the first quarter of 2020 have seen credit spreads
widen significantly, which has improved the feasibility of implementing a CDI solution for schemes with funding positions that have weathered the crisis