Latest articles from Sophia Imeson

Government gives green light to CDC schemes, but questions remain

The government has given the go-ahead to collective defined contribution schemes, but experts say its consultation response has left a number of issues unaddressed.

ABF switches platforms for reduced fee and wider range of funds

Bloomberg

The trustees of the Associated British Foods defined contribution pension plan have decided to switch to a new investment platform so that members benefit from a wider range of fund choices and a cheaper platform fee.

Invensys changes DC default to target cash

Trustees of the Invensys Pension Scheme have updated their defined contribution default to target cash instead of an annuity.

Making impact investing more 'mainstream'

Analysis: Pension scheme trustees are not – and should not be – philanthropists. But as long as there is a financial return involved they can help address societal challenges.

Metal Box members headed for master trust under DB closure plans

Members of the Metal Box Pension Scheme are set to move to a defined contribution master trust under company proposals to close the defined benefit scheme to future accrual and replace the current DC section.

Lafarge pension scheme enters into longevity swap to reduce risk

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The Lafarge UK Pension Plan has entered into a longevity swap with a global reinsurance company, in a bid to reduce the scheme’s exposure to longevity risk.

UK schemes slash equities following long bull market

The global financial crisis gave rise to a record-long bull run, but in recent years many DB pension funds have been preparing for the inevitable end to these highs by reducing their reliance on equities.

New criminal sanctions could be difficult to enforce, experts say

The government has said that it plans to go ahead with proposals for new criminal offences to prevent and penalise mismanagement of pension schemes, but enforcing these sanctions may prove challenging, experts say.

Insurers brace themselves for DB superfund disruption

Insurers are bracing themselves for disruption by superfunds, but their desire and capability to establish their own defined benefit consolidation vehicles remains unclear.

FCA investment pathway proposals welcomed, but concerns remain

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The Financial Conduct Authority’s recent proposals on investment pathways have been widely welcomed, but questions remain over the suitability of ready-made drawdown solutions.