Latest articles from Sophia Imeson

Employers dodging pension duties by changing their identity, says TPR

News On the Go

On the go: A number of employers appear to have tried to hide their failure to comply with the law by disguising themselves behind a new name, The Pensions Regulator has revealed.

Fossil free campaigners set to gather outside GMPF offices

News On the Go

On the go: The Fossil Free Greater Manchester campaign group plans to gather outside the Greater Manchester Pension Fund offices on Friday, urging the local authority scheme to address climate change.

ECPA: Covenant assessments must consider climate change

News On the Go

On the go: The Employer Covenant Practitioners Association has emphasised the need to consider potential implications of climate change on sponsors’ businesses as part of defined benefit covenant assessments.

Arcadia CVAs challenged by US property group

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Arcadia has received applications challenging two of its seven company voluntary arrangements, raising questions over the future of its pension schemes.

Schemes urged to start work on progressing GMP equalisation

News On the Go

On the go: The GMP Equalisation Working Group has urged schemes to start work on progressing guaranteed minimum pensions equalisation and rectification. 

TPR still unhappy with pensions admin at Barnet

The Pensions Regulator has issued a draft improvement notice to the London Borough of Barnet to tackle deficiencies in the pension fund’s administration processes and controls.

Doctors follow firefighters and judges with planned legal action

News On the Go

On the go: The British Medical Association is planning to take legal action against the government on behalf of a group of younger doctors regarding alleged age discrimination as a result of transitional protection arrangements.

Does proposed professional trustee rule spell the end for lay trustees?

The Pensions Regulator is considering whether an accredited professional trustee should sit on every board, but what could this mean for the future of lay trustees?

Smiths Industries completes £176m bulk annuity transaction

News On the Go

On the go: The £3bn Smiths Industries Pension Scheme has completed a £176m bulk annuity with Canada Life – its second transaction of this kind with the insurer.

US industrial giant completes sectionalised merger of UK schemes

Source: Bloomberg

US conglomerate Honeywell has gone ahead with proposals to merge three of its UK defined benefit schemes on a sectionalised basis, in a bid to lower costs and streamline governance.