BlackRock

The combined funding level of the UK's 5,450 defined benefit (DB) schemes increased by 90 basis points (bps) over February, latest Pension Protection Fund (PPF) data shows.

Aegon's acquisition of Blackrock's defined contribution (DC) business has "significantly improved" its market position leading to a "strong pipeline for potential contract wins", the provider has said.

Defined benefit (DB) schemes fell back into deficit on aggregate over December as gilt yields and asset returns fell, the Pension Protection Fund (PPF) says.

Defined benefit (DB) schemes ended November in an aggregate surplus position for the first time since 2011, according to Pension Protection Fund (PPF) figures.

Here they are… The winners of the Professional Pensions Investment Awards 2018.

The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.

Blackrock has launched a strategic growth fund for defined benefit (DB) and defined contribution (DC) schemes which aims to achieve long-term growth with two-thirds the volatility of equities.

Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.

BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.

The combined defined benefit (DB) funding level increased to 97.7% at the end of September, according to the Pension Protection Fund's (PPF) latest update.