Pensions

Railpen’s Caroline Escott: Up your audit game, or we might divest

The Railways Pension Scheme wants to use its £34bn in assets to improve audits – it could pull money, vote against directors and more

5 min read

Royal London chair Kevin Parry resigns

City veteran says the mutual needs ‘leadership from a chair who can commit to a medium-term tenure of five or so years’

1 min read

Edi Truell shakes up funds in new private markets push

The City financier and pensions veteran told Financial News sister title Private Equity News that he has plans for a new £1bn vehicle and a long-term asset fund

1 min read

Ex-Aviva boss Mark Wilson joins Zilch board

Buy-now-pay-later firm draws on City expertise at ‘critical juncture’

1 min read

The UK’s pension review must be wary of following Canada’s example

The Canada Pension Plan’s model seems attractive until you look at long-term results

4 min read

Aviva Investors in ‘full growth mode’, says CEO

Mark Versey sets his sights on expansion for the £233bn fund group

5 min read

City heavyweights warn chancellor of UK savings and investment ‘crisis’

A letter signed by eight City grandees calls on the new government to help mobilise domestic savings to revitalise the UK economy

2 min read

Wealth management mergers are driving further selling of UK equities

Major investors have been pulling back, contributing to the UK market’s woes

4 min read

Jordan Sinclair, president of the trading platform in the UK, is branching out into new business lines

Robinhood to launch retirement offering in the UK

Robinhood wants to replicate its $1bn US retirement offering across the pond

2 min read

'We don’t want to put friction into the global financial system,' City minister Andrew Griffith says, as he tries to make the most of Brexit freedoms

City minister Andrew Griffith: ‘London can’t afford to be complacent’

The government has a bold plan to save UK markets. The man behind it gives FN the lowdown

King Charles opened parliament on 7 November, as the pensions sector continues to await a landmark effort to put investments to better use

King’s Speech stays quiet on private equity pension rush and audit reform

City awaits more detail on how to unlock spending in lagging domestic markets

Chancellor Jeremy Hunt's Mansion House reforms are trying to breath new life into UK growth stocks

Venture capital firms back pension push into UK equities

VCs including Northern Gritstone, IQ Capital and Octopus Ventures strike deal to get closer to pension funds

Chancellor Jeremy Hunt laid out a host of reforms to boost UK markets at the Mansion House dinner earlier in the year, including promises from pension companies to back more home grown start-ups

More pension funds set to pledge 5% towards UK growth assets

More of the City's top pension companies could soon sign up to a landmark deal in bid to boost UK equities

Neil Woodford

Kent pension fund ‘confident’ it can claim Woodford fund compensation

The local authority was one of Neil Woodford's most loyal backers, with more than £200m invested in his now defunct flagship fund

3 min read

How vested City interests are trying to quash pension reforms

Opponents of a PPF consolidation plan are trying to kick it into the long grass

5 min read

'We have eviscerated our long-term equity savings pool in favour of trillions held in bonds'

Richard Buxton: Overhaul UK pensions to fix equities market

The veteran fund manager also lamented the 'swathes of long-term savings' that have abandoned listed companies in favour of private equity funds

2 min read

The trustees of BAE Systems Pension Scheme and BAE Systems Executive Pension Scheme have appointed GSAM to provide investment services

Goldman Sachs Asset Management wins UK’s largest OCIO mandate with BAE Systems

The move will see the scheme's in-house investment management team join GSAM towards the end of 2023

2 min read

Investment consultants say their institutional clients show no sign of making a play for bitcoin or other cryptocurrencies

Pension funds have gone ‘radio silent’ on crypto

Investment consultants say their institutional clients — mainly traditional pension funds worth tens of billions of pounds — show no sign of making a play for bitcoin or other cryptocurrencies

3 min read