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
CPPIB chief John Graham says institutional investors should ‘know what you’re buying’
In charts
Asset management group will actively manage surplus distributed to transport company’s scheme members
Move to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder
Cap on national insurance relief set to raise £4.7bn in 2029-30 and £2.6bn in 2030-31
Top finance official says asset manager submitted ‘inadequate’ decarbonisation plan
Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses
New disclosures on the cost of UK state pension protection highlight inadequate retirement saving
Disruption to business models could leave corporate sponsors too stretched to cover DB scheme liabilities
Low allocation comes as the government and FCA encourage fund managers to put more money in domestic market
The $556bn US public pension fund will increase equity allocation under overhauled framework to improve returns
Calpers believes private markets will outperform in the long term. Sceptics question its strategy
Treasury plan to cap relief on pension contributions is set to raise £2bn a year
Reforms including those to pensions have driven a doubling of flows into the investment wrappers structured as life insurance policies
FTSE 100 group confirms it has held discussions with potential partners over pension-risk transfer unit fundraising
