Jonathan Stapleton

The aggregate surplus of the 4,969 schemes in the Pension Protection Fund’s (PPF) 7800 Index is estimated to have risen from £235.5bn at the end of November from a surplus of £234bn at the end of October.

A group of 13 professional and member-nominated trustees has come together to launch the Trustee Sustainability Working Group (TSWG) in a bid to accelerate the implementation of good sustainability investment practice across the industry.

UK pension schemes appear more willing to consider their endgame options rather than move automatically to buyout, latest research from Russell Investments finds.

The trustees of the £210m Wates Pension Fund and the Wates Group have agreed to enter into a superfund deal with Clara Pensions – the first such transaction to be conducted with an active sponsor.

The Pension Protection Fund (PPF) is delaying a decision on the size of the levy on sponsoring employers for 2025/26 – raising hopes in the industry the charge will be reduced or abolished altogether.

Former Pensions Policy Institute (PPI) head of policy research Daniela Silcock has left to launch her own research business.

The £102m Tennants Consolidated Limited Pension Scheme has completed a buy-in with Royal London.

The Calor Group Retirement Benefits Plan has appointed Goldman Sachs Asset Management (GSAM) as fiduciary manager to replace Cardano.

The Association of Consulting Actuaries (ACA), the Association of Pension Lawyers (APL) and the Society of Pension Professionals (SPP) have issued an update on its progress to help mitigate some consequences from the Virgin Media case earlier this year.

Pension Insurance Corporation (PIC) has entered into a strategic partnership with SEI to allow trustees the ability to bulk transfer defined contribution (DC) pension benefits and additional voluntary contributions (AVC) into the SEI Master Trust as part of their buyout arrangements.