Stressed schemes and employers should be allowed to reduce pension increases and gain easier access to PPF-plus benefit-restructuring methods in order to minimise “PPF drift”, a new academic paper has said.
FCA transfer proposals welcomed but timeline draws criticism
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June 21, 2017
The Financial Conduct Authority’s new proposals on pension transfers have been widely welcomed across the industry, but concerns around the 2018 implementation of the final rules remain.
Queen's Speech omits pensions as focus is firmly on Brexit
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June 21, 2017
After the intensity and frequency of debate and consultation on pension issues, the industry is left in limbo by the government’s legislative programme.
Scheme support levels at lowest since financial crisis
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June 20, 2017
Affordability of FTSE 350 defined benefit pension promises has retreated to levels not seen since the global financial crisis, a new report has found, putting pressure on trustees of mature schemes.
Pearson moves away from hedge funds into DGFs
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June 19, 2017
The pension plan of publishing giant Pearson Group has scrapped its hedge fund exposure and invested in diversified growth funds, in a bid to control investment risk and costs as the scheme nears self-sufficiency.
TfL adds online self-service in admin refresh
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June 16, 2017
The Transport for London pension fund is introducing a new administration system that will give members a self-service option, something experts say can help reduce costs in the long term.
Comment & Analysis
What defines a professional trustee?
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June 21, 2017
Laura Clarke from law firm CMS gives tips on what to look for in a professional trustee in the absence of a regulatory requirement for qualification.
Pensions must not be a matter of luck
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June 21, 2017
The minimum contribution levels for auto-enrolment risk making adequate pensions as rare as winning the lottery, says the Pensions Management Institute’s Tim Middleton.
Good funding levels require good cash flow management
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June 21, 2017
Shajahan Alam from Axa Investment Managers explains why what's good news for your funding level often means you have to manage cash flow more carefully.
Videos & Podcasts
A closer look at the main parties' pension proposals
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May 25, 2017
Podcast: From a double lock to a flexible state pension age, Malcolm McLean, senior consultant at Barnett Waddingham, and Edward Brown, partner at law firm Hogan Lovells, discuss the pension policies the political parties have proposed in their manifestos ahead of the election on June 8.
DB green paper: Can it strike a balance?
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March 1, 2017
Video: What do businesses say about the defined benefit green paper's focus on regulation, and where do unions have concerns about member protection? Rachel Smith, principal labour market economist at the Confederation of British Industry and Tim Sharp, policy officer at the Trades Union Congress, give their views.
Should schemes still turn to LDI?
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January 26, 2017
Video: With short-term inflation rising, are interest rates likely to go up, and should unhedged schemes go into LDI now? How can growth assets be combined with LDI products, and what role will cash flow play for LDI strategies? Jonathan Crowther, head of UK LDI at Axa Investment Managers, and Sophia Heathcoat, investment consultant at Barnett Waddingham, discuss their expectations for LDI.
In association with
Axa Investment Managers