U.K. – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 13:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPPIB expands role of global offshore wind platform https://www.benefitscanada.com/canadian-investment-review/alts/cppib-expands-role-of-global-offshore-wind-platform/ Mon, 15 Apr 2024 19:00:16 +0000 https://www.benefitscanada.com/?p=154223 The Canada Pension Plan Investment Board is expanding the role of its wholly owned subsidiary Reventus Power as its dedicated global offshore wind platform. The investment organization will consolidate its existing direct and indirect offshore wind holdings into Reventus Power to build on the business’ existing global footprint and support the sector’s significant growth opportunities. To […]

The post CPPIB expands role of global offshore wind platform appeared first on Benefits Canada.com.

]]> Ontario Teachers’ gains minority stake in new alternative lender, UPP backs U.K. locomotive operator https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-gains-minority-stake-in-new-alternative-lender-upp-backs-u-k-locomotive-operator/ Mon, 01 Apr 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=153640 The Ontario Teachers’ Pension Plan is gaining a minority stake in a new financial entity resulting from a merger between Fairstone Bank of Canada and Home Trust Company. The new group will have a national branch and broker network to offer residential and commercial mortgages, personal loans, credit cards, retail financing, auto financing, digital lending […]

The post Ontario Teachers’ gains minority stake in new alternative lender, UPP backs U.K. locomotive operator appeared first on Benefits Canada.com.

]]> U.K. pension funds increasing allocations to renewable energy infrastructure: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/u-k-pension-funds-increasing-allocations-to-renewable-energy-infrastructure-survey/ Tue, 06 Feb 2024 16:00:21 +0000 https://www.benefitscanada.com/?p=151556 A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12 months, according to a survey from Alpha Real Capital. The survey, which polled U.K. pension funds and insurers that collectively have roughly £360 billion in assets under management, found more […]

The post U.K. pension funds increasing allocations to renewable energy infrastructure: survey appeared first on Benefits Canada.com.

]]> U.K. CAP reforms could reduce pension quality, create administrative challenges: expert https://www.benefitscanada.com/pensions/cap/u-k-cap-reforms-could-reduce-pension-quality-create-administrative-challenges-expert/ Wed, 20 Dec 2023 14:00:01 +0000 https://www.benefitscanada.com/?p=149257 A recent development in the U.K. pension market to give British workers a ‘pot for life’ could reduce the quality of retirement plans that are already in place and create administrative challenges, says Adam Bexson, senior corporate pension consultant at Verlingue Ltd. Currently, plan members are automatically enrolled into a retirement plan chosen by their employer, […]

The post U.K. CAP reforms could reduce pension quality, create administrative challenges: expert appeared first on Benefits Canada.com.

]]> Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey https://www.benefitscanada.com/pensions/defined-benefit-pensions/majority-of-u-k-db-pension-plan-sponsors-favour-annuity-buyout-as-long-term-strategy-survey/ Tue, 15 Aug 2023 14:00:05 +0000 https://www.benefitscanada.com/?p=142117 More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a new survey by Aon. The survey, conducted during a recent webinar among 330 pension plan sponsors and trustees, asked which long-term strategy options they’d consider for their DB plan. Nearly two-thirds […]

The post Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey appeared first on Benefits Canada.com.

]]> U.K. legislation aims to increase DC pension savings https://www.benefitscanada.com/pensions/governance-law/u-k-legislation-aims-to-increase-dc-pension-savings/ Mon, 17 Jul 2023 13:00:21 +0000 https://www.benefitscanada.com/?p=141085 The U.K. government is introducing legislation that aims to increase defined contribution pension plan savings by more than £1,000 a year in retirement for the average plan member. The legislation will commit nine of the U.K.’s largest DC plan providers to an objective of allocating five per cent of assets in their default funds to […]

The post U.K. legislation aims to increase DC pension savings appeared first on Benefits Canada.com.

]]> Cyber attack compromises U.K. pension plan members’ personal information https://www.benefitscanada.com/pensions/defined-benefit-pensions/cyber-attack-compromises-u-k-pension-plan-members-personal-information/ Thu, 25 May 2023 16:30:03 +0000 https://www.benefitscanada.com/?p=138787 The largest administrator of private defined benefit and defined contribution pension plans in the U.K. is revealing details about a cyber attack that compromised the personal information of 470,000 of its members. In a press release, the £82.2-billion Universities Superannuation Scheme said its members’ data was held by external servers that were infiltrated by cyber […]

The post Cyber attack compromises U.K. pension plan members’ personal information appeared first on Benefits Canada.com.

]]> Curbing inflation may take up to 18 months: expert https://www.benefitscanada.com/news/cir-news-news/curbing-inflation-may-take-up-to-18-months-expert/ Thu, 20 Oct 2022 16:00:23 +0000 https://www.benefitscanada.com/?p=128679 It may take up to 18 months for central banks policies to curb inflation to around two per cent on an annual basis, says Julianna Spiropoulos, partner and head of investment strategy, investment and risk at LifeWorks Inc. “Around the world, there’s concern about persistent inflation. . . . Central banks need to get inflation […]

The post Curbing inflation may take up to 18 months: expert appeared first on Benefits Canada.com.

]]> Bank of England intervened in bond market to protect DB pension plans: letter https://www.benefitscanada.com/canadian-investment-review/fixed-income/bank-of-england-intervened-in-bond-market-to-protect-db-pension-plans-letter/ Tue, 11 Oct 2022 16:30:14 +0000 https://www.benefitscanada.com/?p=128215 The Bank of England’s decision to intervene in the long-dated government bond market protected defined benefit pension plans with liability-driven investment strategies, according to a central bank official. “In practice, the move in [long-term bond] yields last week threatened to exceed the size of the cushion for many LDI funds, requiring them to either sell […]

The post Bank of England intervened in bond market to protect DB pension plans: letter appeared first on Benefits Canada.com.

]]> Caisse developing French residential properties, HOOPP expanding U.K. industrial site https://www.benefitscanada.com/canadian-investment-review/alts/caisse-developing-french-residential-properties-hoopp-expanding-u-k-industrial-site/ Tue, 27 Sep 2022 16:30:56 +0000 https://www.benefitscanada.com/?p=127494 The Caisse de dépôt et placement du Québec is entering a strategic partnership to develop affordable housing in France. The investment organization’s real estate arm, Ivanhoé Cambridge, has signed a partnership agreement with CDC Habitat, a subsidiary of the French sovereign investment fund Caisse des dépôts et consignations. The partnership will develop houses in France’s […]

The post Caisse developing French residential properties, HOOPP expanding U.K. industrial site appeared first on Benefits Canada.com.

]]>