Nest plans boardroom overhaul in diversity drive

Brendan McCafferty

Nest is recruiting for three new non-executive directors as it attempts to improve the diversity of its board, the master trust’s chair has told Pensions Expert.

Webinar: Pension Protection Fund 2022 Purple Book

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The Pension Protection Fund will be publishing its annual analysis of the defined benefit sector on December 1.

TPR threatens £50,000 fines for dashboards non-compliance

Pensions dashboard (teaser)

The Pensions Regulator will impose fines of up to £50,000 for non-compliance over pensions dashboards. 

Experts estimate £500bn in assets are ‘missing’ after LDI crisis

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Around £500bn in pension scheme assets are “missing somewhere” as a result of the liability-driven investment crisis, the Work and Pensions Committee has been told, with experts also questioning the role of leverage in these funds and the need for more guidance from regulators.

Timing and flexibility concerns raised over LGPS climate reporting

Storyblocks

The pensions industry has expressed its concerns to the government over proposals surrounding new requirements for Local Government Pension Scheme funds to produce climate risk reports, citing fears over the timescale imposed and a lack of flexibility.

Comment

Staying O:pen to diversity and inclusion

Andy Lewis

Travers Smith partner Andy Lewis details the benefits of fostering diversity and inclusion in the pensions industry and the contribution made by a new cross-industry initiative.

Why shareholder litigation is not just about restitution of losses

Caroline Goodman

Institutional Protection founder Caroline Goodman argues that shareholder litigation is a core part of being a long-term responsible investor.

The outlook for credit remains strong

Lionel Pernias and Rob Price

AXA IM Core head of fixed income investment solutions Lionel Pernias and senior portfolio manager Rob Price assess the outlook for credit and pension schemes.

Videos & Podcasts

Was the Bank of England right to intervene during the LDI crisis?

Podcasts

Podcast: Cartwright director of investment consulting Sam Roberts argues against the Bank of England’s autumn intervention in gilt markets, while the Lang Cat director of public affairs Tom McPhail gives his thoughts on the Autumn Statement.

CPD

Pension comms: A journey from disclosure to engagement

Midnight Studio/iStock

CPD: Sackers senior counsel Naomi Brown looks back at how the world of pension communications has morphed from a straightforward box-ticking disclosure exercise to one where trustees are communicating with members in a completely different way.

The pensions industry finds itself at a crossroads

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CPD: Teneo client development director Simon Kew casts his eye over the challenges facing the pensions industry.

High gilt yields: a great escape from charities’ DB deficit nightmare?

Getty images

CPD: High gilt yields and increased interest rates could prove a rare exit route for hard-pressed charities shouldering onerous defined benefit pension scheme deficits, Stephanie Hawthorne reports.