Jonathan Stapleton

The Pensions Regulator’s (TPR’s) new DB funding code has been laid in parliament.

The Pensions Regulator (TPR) has taken a “balanced approach” to the final draft of the defined benefit (DB) funding code, the industry says.

Phoenix Group and Schroders have formed a strategic partnership to launch a private markets investment manager, Future Growth Capital (FGC).

The Bank of England (BoE) has set out its progress on work to develop a facility to allow eligible pension funds, liability-driven investment (LDI) providers and insurers to borrow cash against gilts at times of severe gilt market dysfunction.

The Prudential Regulation Authority’s (PRA’s) supervisory statement on the use of FundedRe across the industry is “unlikely” to have a material impact on bulk annuity pricing, Aon says.

Nest has confirmed the appointment of Campbell Global – J.P. Morgan Asset Management’s timberland investment advisory company – to provide it with a global portfolio of direct investments, focused on core traditional timberland.

Issues around long-term objectives and creating a journey plan are dominating the thinking of UK pension schemes, Aon says.

‘Is your pension pointless?’ This was the question posed by Virgin Money UK in an advert that appeared on my Facebook timeline this weekend (see above left).

There will be an acceleration of pension scheme money going into unlisted assets as a result of last year’s Mansion House Compact, Sir Nicholas Lyons says.

Over £250bn of combined UK and US pension risk transfer (PRT) volumes are forecast to be secured by insurers in the next three years, latest analysis from Legal & General (L&G) reveals.