Dalriada working with replaced trustee to recoup £14m

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Professional trustees charged with rescuing three pension schemes that flouted investment rules say selling out of prohibited assets may thwart their efforts to recoup more than £14m owed to members.

Govt solution for doctors’ tax bill met with criticism

The government will introduce an emergency measure to pay the tax bills of doctors and consultants in England affected by the tapered annual allowance, but the move has been criticised by experts.

University employers write to staff ahead of strikes

Representatives of the UK’s universities have written an open letter to staff asking them to reconsider strikes over issues including pensions, planned to begin later this month.

DC trustees eye master trusts for decumulation options

Data crunch: Trustee reluctance to offer in-house drawdown means single-employer defined contribution schemes may look to partner with a master trust to offer decumulation products to members, new analysis shows.

More action needed to help self-employed women

Analysis: Reform should be pushed up the agenda to support self-employed women and reduce the biggest challenges of the gender gap, experts say.

Plumbers call for trustee chair to resign over pensions debacle

Plumber

An action group is calling for the resignation of Alan Pickering CBE as chairman of the Plumbing and Mechanical Services Industry Pension Scheme.

Comment & Analysis

Why face-to-face member engagement outdoes digital…for now

Robert Branagh

The London Pension Fund Authority’s Robert Branagh explains why meeting members in person can quell scam fears and inform strategy on environmental, social and governance issues.

Pension funds should quiz their managers on voting

Jeanne Martin

ShareAction’s Jeanne Martin says asset owners have a duty to question their asset managers on voting policies, as some of the biggest players were found to be blocking progress on climate change.

Is more needed to clean up fiduciary management?

Amanda Burdge

Quantum Advisory's Amanda Burdge says the welcome Competition and Markets Authority remedies for fiduciary management still leave the door open for managers to mark their own scorecards in some situations.

Videos & Podcasts

What falling sterling means for pension funds

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Podcast: It has been a rocky few months for sterling, with the currency falling more than 7 per cent since May. In this podcast, Shoqat Bunglawala, head of Goldman Sachs Asset Management’s global portfolio solutions business, and Simeon Willis, chief investment officer at XPS Pensions, discuss the main reasons behind the decline, and what it means for pension funds.

Tackling the 'long tail' of underperforming smaller schemes

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Podcast: The Pensions Regulator’s latest defined contribution survey revealed that only 4 per cent of micro schemes and 1 per cent of small schemes are meeting all of the watchdog’s governance standards. David Fairs, TPR's executive director for regulatory policy, analysis and advice, has previously described the "long tail" of underperforming smaller schemes as "unacceptable". In this podcast, Mr Fairs talks to Pensions Expert about what the survey's findings mean, and how the DC landscape might change. 

The future of trusteeship

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Podcast: Is there a big difference in governance standards between boards with a professional trustee and boards without? Should lay trustees have to demonstrate how they have acquired a minimum level of knowledge and understanding? And what can be done to increase diversity on boards? In this episode, Laura Andrikopoulos, head of governance consulting at Hymans Robertson, discusses some of the Pensions Regulator's 'Future of trusteeship and governance' consultation proposals, and what impact they might have on the industry.