Contractors take advantage of LGPS loophole on exit payments

The pensions industry is still waiting for the government to close a loophole allowing outsourcers to claw back surplus from the Local Government Pension Scheme even when they have not paid into the plan.

Pensions experts predict RPI limbo for years to come

Experts have condemned delays in publishing a long-awaited consultation on reforms to the retail price index, since its outcome could radically alter the fortunes of pension funds and pensioners.

Pension schemes bill to cost industry £818m in first year

The pensions industry faces an annual cost increase of £818m as a result of changes brought in by the pension schemes bill, with the new defined benefit funding regime and the pensions dashboard requiring the lion’s share of this investment.

British Steel trustees cleared by Pensions Ombudsman

The Pensions Ombudsman has rejected a number of complaints against the trustees of the old British Steel Pension Scheme, after concluding that communications to members were not misleading and did not amount to scaremongering.

Tapered annual allowance solution dismissed by experts

Pensions experts have criticised a rumoured government policy to raise the tapered annual allowance threshold income, calling it a sticking plaster that will not solve the underlying problem.

Comment & Analysis

Schemes should be alert to Supreme Court’s part-time ruling

Claire Goodby

As the UK government faces a compensation bill of hundreds of millions of pounds following a Supreme Court ruling on part-time workers, Claire Goodby of Arc Pensions Law says trustees and employers need to beware of falling into the same trap.

Why the time for transformation is now

Paul McCallin

Paul McCallin of Atos argues that traditional pensions providers must embrace transformation in order to thrive in the future and should follow the lead taken by FinTechs and InsurTechs. 

New year, new attitude to ESG compliance?

Angus Peters

Editorial: 2019 came to a close amid scenes of raging forest fires and warming seas. Just how committed are trustees to managing the risks arising from our changing planet?

Videos & Podcasts

Vegan case flags importance of heeding members

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Podcast: Trustees and employers should consult members on their beliefs, and incorporate the investment views of the majority in their pension default fund, according to Romi Savova, chief executive at PensionBee, and David Brooks, technical director at Broadstone. The experts discuss the impacts of a landmark ruling finding that veganism is a philosophical belief, alongside other topics, in this week’s podcast.

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.