Latest articles from Tom Dines

Blocking out the noise

Illustration by Ben Jennings

We’re all sick of hearing about it at this point, but there’s no getting away. This week marks one of the most important elections in the history of modern Britain: the EU referendum.

Strathclyde adds EMD as cash flow turns negative

Strathclyde Pension Fund has approved a range of investment changes, including up to £300m in emerging market debt and £30m in core UK infrastructure.

Staveley agrees £73.6m recovery plan

Staveley agrees £73.6m recovery plan

The Staveley Pension Scheme has agreed a new, £73.6m recovery plan with its sponsoring employer after its most recent actuarial valuation found a £100m deficit.

The other pensions problem

Illustration by Ben Jennings

At some point in the last few years, pensions became a big news story. Updates on BHS, Tata Steel and others fill airwaves and pages (including our own).

Hogg Robinson pays £12.8m in rectification case

Corporate travel company Hogg Robinson has incurred £10.5m in past service costs and £2.3m in legal costs following rectification of a mistake in a deed of amendment to the scheme.

Proposed early exit charge cap gets mixed response

The Financial Conduct Authority yesterday proposed capping exit charges at 1 per cent of pot value for existing contracts, while banning them altogether for future contracts.

Drawdown use will grow, predicts Newton's Doyle

Interview with Catherine Doyle, Newton

It has been more than a year since the introduction of freedom and choice, and the industry is still waiting to see what will emerge as the dominant option in retirement. Fund manager Newton's head of defined contribution, Catherine Doyle, discusses where she expects the market to go

Network Rail plans £19m savings following NI cost hike

On track to reduce NIC impact

Network Rail expects to save around £19m annually following a swath of amendments to two of its schemes to mitigate the increased costs of contracting-out cessation, as many schemes either absorb the cost or close.

Nilgosc to allow lump sum contributions

The Northern Ireland Local Government Officers Superannuation Committee plans to ask for upfront deficit contributions for this year’s LGPS valuation from its employer members as the public sector in Northern Ireland shrinks.