New legislation pushing the mandatory allocation of investments into private assets conflicts with the fiduciary duty of trustees
Regulator to change capital rules on ‘funded reinsurance’ over concerns sector is exploiting arbitrage
Government outlines safeguards to resolve a stand-off with peers over legislation
British pension schemes will soon be forced to support my portfolio
Consortium, which includes Prudential Financial, would help fund buyouts of defined-benefit schemes
Industry regulator has written to 58 schemes to warn about their exposure to hard-to-sell investments
Workplace pension scheme targets 30% allocation to private markets by 2030 despite growing strains on asset class
Lords resist government proposal to force pension funds to invest in specific assets
Rising interest rates bring prolonged downturn to the buyout industry
Case could influence wider legal questions about how long-term risks apply to fiduciary duties
UK pension group says all talks are in early stages and there is no certainty of an agreement
Canadian group taps industry veteran for private asset expertise as it pushes into UK retirement market
Deputy leader hails ‘huge opportunity’ to create sovereign wealth fund, but experts give sceptical response
The fund is in surplus after a period of high interest rates, but it is heavily invested in risky assets
High-profile losses prompt questions over transparency at the UK’s biggest private pension fund
Government drive comes as schemes in EU’s second-biggest retirement system reassess US exposure
Value of assets offloaded by UK groups fell to three-year low last year, just as US private capital firms pile in
Claim alleges ‘no competent infrastructure manager’ would have invested in such ‘highly risky’ assets
UK regulator updates reforms in drive for better retirement outcomes
Industry figures fear using more retirement pots to kick-start economic growth could run counter to savers’ interests
Switch from defined benefit to defined contribution model aims to ensure long-term sustainability
Pioneering CDC product underperforms benchmark index by a percentage point
AustralianSuper warns of ‘maturing’ US tech cycle and high valuations
Fund has lower than average weighting to UK stock market
Also in this newsletter: broader investments for pension funds