CommentRSS

Systemic issues won't be addressed until regulator thinks systemically

Bethan Livesey

ShareAction’s director of policy, Bethan Livesey, calls for the regulator to provide sector-wide resources and data on environmental, social and governance risks for schemes to use in their own assessments.  

Green gilts have a role to play in schemes’ portfolios

Philip Rose

Redington’s chief investment officer for strategy and risk, Philip Rose, details how green bonds can have a role in pension schemes portfolios as they can be better integrated into LDI and hedging mandates, where opportunities have been relatively limited.

The future is… consolidation?

Richard Butcher (teaser)

Consolidation in the defined contribution market is booming, with master trusts sweeping smaller schemes, but questions remain about who will be the winners, writes PTL’s managing director Richard Butcher.

New green finance centre to bring robust ESG metrics

Iain Clacher

University of Leeds Professor Iain Clacher, who is leading on pensions and asset management work at the new Centre for Greening Finance and Investment, explains how the new body will allow financial institutions to access scientifically robust climate and environmental data. 

Seismic shift coming to DB consolidation

Jacqui Woodward

Stoneport’s head of covenant, Jacqui Woodward, explains why the UK’s defined benefit sector could suddenly experience an increase in consolidation, similar to that experienced in other countries such as Australia, the Netherlands and Germany. 

How scheme trustees can make implementation statements matter

Imran Sattar

Implementation statements can provide a valuable framework for pension trustees to engage with underlying asset managers on their stewardship responsibilities, writes Imran Sattar, fund manager at Majedie Asset Management. 

Why purpose, personalisation and pace must shape modern pensions

Mike Teall

PA Consulting pensions expert Mike Teall details the steps needed to bring pensions into the 21st century, with the pensions dashboard being the catalyser for change.

Schemes should take a practical approach to GMP transfers

Paul Butfield (teaser)

Buck’s senior consulting actuary, Paul Butfield, details the challenges schemes will face to equalise guaranteed minimum pensions in past transfers, warning that trustees need to start this process as soon as possible.

Lifetime allowance freeze reopens debate on its relevance

David Brooks

Broadstone technical director David Brooks analyses the pension announcements made by chancellor Rishi Sunak in the Budget, and questions what is the purpose of the lifetime allowance. 

Schemes cannot own same stocks in a downturn as in a recovery

Ian Lance (teaser)

Pension funds need to respond to a regime change from the low-growth, low-inflation environment that suited bonds and bond proxy equities, to a reflationary/inflationary one that will suit cyclicals, energy and materials, and value stocks in particular, warns Ian Lance, co-manager of the Temple Bar Investment Trust.