Widows switches into ESG fund as integration becomes standard

Scottish Widows has aligned a chunk of its pension portfolios with the transition to a low-carbon economy, as the integration of environmental, social and governance factors emerges as a competitive driver in the commercial defined contribution sector.

Tug of war over pensions clawbacks

Tug or war (teaser)

Requirements to hand back historic overpayments are pushing some vulnerable members into financial hardship. How can trustees balance care for pensioners with their legal duty to repair old mistakes?

Sunny DB analysis masks trouble ahead

Data crunch: Detailed analysis of triennial valuations with due dates up to December 2019 confirm the gradual improvement in the security of defined benefits in the UK, but experts warn that care is needed to keep schemes on track this year.

‘Make or break year’ for frustrated DB consolidators

Analysis: Long-heralded defined benefit consolidators have yet to win a single client, but the prospect of mass insolvencies on the horizon could force trustees to test new derisking solutions.

South Yorks breezes through Covid but warns of potential danger ahead

The South Yorkshire Pensions Authority is reducing its exposure to equity market risk, after it escaped the Covid-19 crisis largely unscathed.

Industry leaders’ plea to ministers over FCA advice trap

Leaders of pensions industry representative groups have written a joint complaint to government ministers over new guidance from the Financial Conduct Authority, which they warn could see helpful trustees deemed to be giving regulated financial advice.

Comment & Analysis

Schemes must stay safe as cyber threat heightens

Angus Peters

Editor’s blog: As the threat of Covid-19 rumbles on, a concurrent wave of cyber attacks should have the pensions industry on high alert.

Practising what you preach – ESG in DC

Hal La Thangue (teaser)

Data crunch: Broadridge’s Hal La Thangue examines the growing prominence of ESG in defined contribution, and reveals a concurrent increase in the wider principle of ‘doing good’ in pensions.

UK avoids Australia’s Covid-19 pensions trap

Jo Cumbo (teaser)

The UK’s quick moves to back up long-term savings during Covid-19 have reflected favourably on the nation, but more thought is needed on how to support older workers through job losses and an onslaught of scams, writes FT pensions correspondent Josephine Cumbo.

Videos & Podcasts

PPF could face new court case on benefits

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Podcast: Ian Neale, director at Aries Insight, and Sara Protheroe, chief customer officer at the Pension Protection Fund, discuss the court ruling which determined that the PPF cap is age discrimination, the interim regime for superfunds, and the implications of the new insolvency bill for pension schemes.

'Crystal ball-gazing' makes ethical investment tough for trustees

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Podcast: Irwin Mitchell’s pensions partner Penny Cogher and independent consultant Malcolm McLean join us to discuss innovative endgame deals, new insolvency laws, and some morally dubious LGPS investments. 

The days of ‘amateurish’ trusteeship are over

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Podcast: The challenges posed by Covid-19 will accelerate the move towards professional trusteeship, according to Mercer’s chief actuary Charles Cowling, who argues that the responsibilities in this area post-coronavirus will be too much for lay trustees to handle alone. He and Catherine McFadyen, head of public sector actuarial, benefits and governance at Hymans Robertson, discuss LGPS funding, the impact of mortality rates, and give their predictions about the post-crisis world.