Employee contributions into workplace defined contribution (DC) pension schemes reached in the UK GBP3.2 billion in the first quarter of 2026 representing an increase of around GBP600 million on the previous year, according to October’s ONS funded occupational pension schemes data.
d in defined benefit (DB) pension schemes.
Bev Shah at City Hive writes that as policymakers and industry push for greater allocation to private markets – including UK initiatives such as the Mansion House Accord – distribution is expanding into wealth and platform channels.
BlackRock has added to its Long Term Asset Fund (LTAF) range with the launch of a Diversified Alternative Strategies vehicle seeded by its own defined contribution (DC) scheme and that of another unnamed global financial services firm.
UK pension trustees must resist being strong armed into sustainable investing, former Secretary of State for Housing, Communities and Local Government, Michael Gove has said.
The world’s largest pension funds will favour a total portfolio approach (TPA) rather than focusing on individual asset classes, research from the Thinking Ahead Institute reveals.
Independent Governance Group (IGG) has announced the acquisition of pensions consultancy KGC Associates, writing that this further strengthens its governance offering.
The UK could see its first defined benefit (DB) superfund designed to support run on as early as January next year following provider TPT Retirement Solution’s announcement that is seeking a new consolidation vehicle.
Slow progress in allocating UK pension assets to domestic unlisted assets could see the government increase providers’ voluntary investment targets to 10 per cent of total portfolios.
UK pension fund investment in later stage venture capital (VC) is essential if the country is to achieve its growth ambitions, the Deputy Chief Investment Officer at British Business Bank (BBB) has said.
