DB & Derisking

Funds with more stringent governance requirements for firms they invest in are less volatile, according to the National Employment Savings Trust (Nest).

The £4.8bn Baring Dynamic Asset Allocation Fund has taken big profits from a large position in Italian government bonds.

The government used Wednesday’s Queen’s speech to confirm its intention to pass legislation this year on two key areas of pension policy reform.

This is the second part of our investigation into how pension funds can bolster shareholder power in the fight against runaway executive remuneration. Large institutional shareholders and corporate governance activists give their views to Katie Morley.

Do you think it is fair that employers are able to justify ending defined benefit accrual for those over the age of 65 as a result of the Seldon case, in which a law firm was able to dismiss a 65-year-old partner to create opportunities for younger workers?

Close to a quarter of senior pension professionals believe pension funds should be treated like insurance funds, in line with the Solvency II directive.

The UK pension funds most admired by the industry are increasingly giving their investment committees full authority to make decisions.

A “worst-case scenario” of European regulatory reform will force the cost of liability-driven investment (LDI) strategies up by 45%.

The Pensions Regulator’s latest guidance has not significantly relaxed rules on recovery periods or how most liabilities are calculated, despite earlier plans to.

Around 90,000 local government workers in Northern Ireland will avoid immediate employee contribution increases – but instead face less generous accrual rates from next year.