Legal & General Investment Management (LGIM) has passed GBP100 billion in defined contribution (DC) assets under management (AUM).

K3 Advisory, a specialist independent bulk annuity and consolidator advisory business, has completed a GBP74 million pensioner buy-in for the UK pension scheme of a US-listed engineering business, its largest transaction to date and completed entirely since the start of the pandemic. 

Pension funds in the UK are being urged to step up their infrastructure investment, as speakers at a pensions conference this week emphasised the need to preserve the long-term sustainability of the UK economy.

The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, has welcomed the Local Pension Partnership Administration Ltd (LPPA) as the first organisation to join its Pension Scams Industry Forum (PSIF).

Investors will be clamping down further on executive pension perks in a move to promote fairness and good employee relations, the Investment Association's (IA) updated annual pay guidelines for companies reveals.

The health of the UK’s Defined Benefit (DB) pension schemes has almost returned to their pre-Covid levels as they continued to recover through Q3 2020, according to Legal & General Investment Management (LGIM).

Just 19 per cent of plan sponsors interested in an annuity buyout with a specific timeframe in mind reported that the pandemic has decreased or delayed the likelihood of transacting, according to MetLife’s 2020 Pension Risk Transfer Polly. 

Pension schemes looking to make a real impact on Environmental, Social and Governance (ESG) issues should target their efforts in order to deliver better outcomes, according to Willis Towers Watson.

The aggregate funded ratio for US corporate pension plans remained unchanged month-over-month in October to end the month at 82.9 per cent, according to Wilshire Associates (Wilshire), a diversified global financial services firm. 

As economies reopened, Canadian DB pensions in the RBC Investor & Treasury Services All Plan Universe weathered the pandemic-induced slowdown and continued the forward momentum from Q2, gaining a median 3.0 per cent in Q3.