Avon asset managers warned over poor performance

Cover graphic 200818 (teaser)

The Avon Pension Fund has raised the prospect of dropping some of its active managers after a significant period of underperformance.

Bulk annuities: How should schemes approach the market?

Analysis: 2018 has been a very busy year so far for buy-ins and buyouts, with plenty of competition and attractive insurer pricing. But with demand predicted to rise, preparation is becoming key for trustee boards.

FRC review threatens to impact actuarial profession

An advisory group to the government review of the Financial Reporting Council is to explore the extent to which actuaries should be subject to formal regulation in response to the pensions-related nature of recent corporate failures.

The Weekly Wrap: August 17 edition

Getty Images

A round-up of the pensions news stories published across the FT Group this week, from activists warning the UK's biggest pension funds about climate risk, to a US fund's plan to cut its investment management fees.

Automation improves insurer scheme admin but work still to do

The Royal Insurance Group Pension Scheme has reported a “considerable improvement in service” from administrator Willis Towers Watson, after two years of problems that have hurt the scheme’s ability to service transfer requests.

Schemes must play part in war on scams

Source: TPR and FCA joint scam campaign

Pension schemes and providers have been urged to increase member awareness of scam tactics and tighten data security, amid the revelation that average losses from fraudulent and inappropriate inducements eclipsed the size of the average pension pot in the UK.

Comment & Analysis

Scammers cut off

Cartoon 20.08.18 teaser

Editorial: It is rare that pensions make it onto national TV these days, and even rarer that a government department or regulator produces an effective video campaign.

DC investment design: How to ensure good member outcomes

Andrew Brown

Columbia Threadneedle’s Andrew Brown explains how trustees can help to ensure good outcomes for DC members by regularly reviewing the suitability of the default, ensuring adequate investment governance and establishing measurable performance objectives.

PPF: Our new approach to company voluntary arrangements

Malcolm Weir

Malcolm Weir, director of restructuring and insolvency at the Pension Protection Fund, explains how the lifeboat’s new CVA guidance will assist employers and their advisers when putting together a proposal.

Videos & Podcasts

DB transfers: What trustees and employers should consider

Podcast button

Podcast: Since the introduction of freedom and choice in 2015, more and more savers have showed an interest in defined benefit transfers. In this episode, Ben Roe, senior partner and head of member options at Aon, and Gary Evans, board director at the Pensions and Administration Standards Association and chair of Pasa's Transfers Working Group, discuss the responsibilities of trustees and employers when it comes to DB transfers, and how they can support members in making the right decisions. 

PPF remains strong despite record liability intake

Podcast: The Pension Protection Fund's latest annual report shows it has weathered a record influx of defined benefit liabilities without much trouble. Chief financial officer Andy McKinnon discusses future challenges for the lifeboat amid a changing pensions landscape.

Should the FCA have brought in a charge cap for drawdown?

Podcast: Last month, the Financial Conduct Authority released its long-awaited Retirement Outcomes Review. Daniela Silcock, head of policy research at the Pensions Policy Institute, and Nathan Long, senior pension analyst at Hargreaves Lansdown, discuss the FCA's consultation, including its decision not to impose a charge cap for drawdown products.

We use cookies to improve site performance and enhance your user experience. If you’d like to disable cookies on this device, please see our cookie management page. If you close this message or continue to use the site, you consent to our use of cookies on this device in accordance with our cookie policy, unless you disable them.