The private equity industry must change the way it operates if it is to attract pension fund assets, the UK’s Minister for Pensions Torsten Bell has said.
TPT Investment Management (TPTIM), the investment management company part of the TPT Retirement Solutions group, has completed the successful launch of a new GBP720 million Investment Grade Bond Fund.
The government has announced plans to release GBP160 billion in “trapped surpluses” held by the UK’s defined benefit (DB) pension schemes.
The CFA Institute Research and Policy Center has released new research exploring how AI and machine-learning technology can address critical issues facing the global pensions industry.
Aon plc has announced that it has taken on an additional GBP3.5 billion in assets under management (AUM) with three new clients for its outsourced chief investment officer (OCIO) service in the UK. This takes the AUM of the EMEA delegated consulting business to over GBP29 billion, and globally to GBP144 billion (as of 30 September 2024).
Aon plc has launched the Zone Framework for pension scheme investment in the UK. The firm writes that it is designed to support clients’ decision-making in the current environment where funding level improvements and increased endgame options are opening up a wider range of medium and long-term goals.
The UK’s first collective defined contribution (CDC) scheme received the green light this week with the launch of the Royal Mail Collective Pension Plan (RMCPP).
Phoenix Group, the UK’s largest long-term savings and retirement business with 12 million customers, and Schroders, the global investment manager with a GBP74 billion private market capability, have announced their agreement to form a new strategic partnership, Future Growth Capital.
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win.
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas.
