Latest articles from Jem Bartholomew

Swansea to divest £500m after declaring climate emergency

News On the Go

On the go: Swansea’s local authority pension fund is to transition its £500m equity allocation to a low carbon index by the end of July, after the fund’s administering authority declared a climate emergency last month.

Treasury accepts pension reforms were unlawful

News On the Go

On the go: The Treasury accepted that its 2015 public sector pension reforms were unlawful on Monday, with the court judgment likely to cost the department £4bn a year and restrict the next chancellor’s spending.

Regulator hits back over influence on USS valuation

News On the Go

The Pensions Regulator has defended its record over the Universities Superannuation Scheme, after the Work and Pensions Committee questioned the regulator’s role in USS’s contested 2017 valuation.

Sony and Michelin source IFAs to support member decision-making

The shadow of the British Steel Pension Scheme saga looms large over trustee decisions on defined benefit transfers, but there are signs lessons have been learned.

DB funding position improves in June

News On the Go

On the go: The overall funding position of UK defined benefit schemes improved in June, figures released by the Pension Protection Fund on Tuesday showed.

Negligent scheme administrator banned from running a business

News On the Go

On the go: An insurance agent was banned from running a business for seven years for pension scheme negligence on Sunday, after the Insolvency Service said he put more than £13m in member savings at risk.

Minister tells schemes to quicken transfer pace with PASA guidelines

Ten weeks should be the maximum time limit for defined benefit transfers, according to industry-wide guidelines published on Monday by the Pensions Administration Standards Association.

Clara Pensions first consolidator to join PASA

News On the Go

On the go: Clara Pensions became the first consolidator to join the Pensions Administration Standards Association on Wednesday, boosting its legitimacy before the announcement of its first client.

Trinity rocked by fellow resignations

News On the Go

Three academic fellows resigned from Trinity College Cambridge on Monday, protesting the college’s decision to exit the Universities Superannuation Scheme.

McKibben: Smart money leaves fossil fuels well alone

Bill McKibben

Bill McKibben, founder of 350.org and the brains behind the global divestment movement, believes climate change poses an existential threat to pension funds.