All articles by Alex Janiaud – Page 9
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NewsUniversity of Dundee staff set for second pensions strike
On the go: Members of the Unite trade union who work at the University of Dundee have agreed to carry out "continuous strike action" for a second time from August 25 over pensions.
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NewsRailpen stands by investment in Chinese government debt
The manager of the Railways Pension Scheme has stood by the scheme's decision to invest in Chinese government bonds in 2021, despite allegations of human rights abuses committed by the country's government.
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NewsTPR advises employers to shield schemes from refinancing costs
On the go: Companies and pension scheme trustees should take steps to protect their schemes and their employer covenant from the fallout of any refinancing that they have undertaken, according to David Fairs, the Pensions Regulator’s executive director of regulatory policy, analysis and advice.
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NewsLGPS responds to Israeli settlements database complaint
The Local Government Pension Scheme’s advisory board has provided an update regarding a database that lists companies active in the occupied Palestinian territories, after the UK Lawyers for Israel criticised the LGPS's summary of a January meeting with the then-UN special rapporteur on human rights in the occupied Palestinian territories, Michael Lynk.
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NewsBMA blasts Sunak role in NHS pensions taxation
The British Medical Association has hit out at Rishi Sunak for changes made during his time as chancellor of the exchequer to the tapered annual allowance of NHS pensions.
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NewsLondon Underground strike over pensions set for August 19
On the go: The National Union of Rail, Maritime and Transport Workers has confirmed that its London Underground members will carry out a 24-hour strike on August 19 over a pensions dispute.
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NewsLGPS funds back LGA opposition to 90-day dashboard window
Local government pension scheme funds have told Pensions Expert that they support the Local Government Association’s warning to the government over its plans to give schemes just 90 days’ notice before the dashboards go live.
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NewsJaguar and Mercer rapped by ombudsman for ‘woeful’ service
The trustee of the Jaguar Pension Plan, and its administrator Mercer, have been ordered to compensate a member who retired on the basis of incorrect information about his pension.
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NewsSchemes free to consider McCloud ‘immediate detriment’ payments
On the go: Pension schemes may weigh up whether it is appropriate to offer a remedy to members suffering “immediate detriment” from the McCloud ruling, the Pensions Ombudsman has said.
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NewsTechnology is biggest challenge most DB sole trustees face
On the go: Nearly two-thirds of defined benefit scheme sole trustees have earmarked technology as their biggest challenge for the next few years, according to new research.
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NewsTfL workers plan strike in August over pensions
On the go: Tube workers will strike once more on August 19 over pay and pensions, this time in response to an alleged refusal by Transport for London to share details of a government funding proposal for London transport.
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NewsNew proposals set DB schemes on path to ‘low dependency’
Defined benefit pension schemes will need to be funded in such a way that they are in a state of “low dependency” on their sponsoring employer by the time they are significantly mature, under new government proposals.
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NewsPFA pushes for women’s football pension scheme
On the go: The Professional Footballers’ Association is campaigning for a new pension mechanism for women footballers, which would be similar to an arrangement for their male counterparts that is funded by a levy on transfer fees.
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NewsPension savers prioritise returns over ‘investment big bang’
On the go: Less than a fifth of pension savers think that investing their pensions in companies or assets that would benefit their local area should be prioritised, new research has revealed.
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NewsGovernment urged to allow Nest to offer drawdown
The government has been told to amend legislation to allow Nest members to drawdown their pension pot, as well as extending investment pathways to trust-based schemes — requests made as part of a response to its call for evidence on savers’ understanding of their pensions.
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NewsABI: Solvency II reforms would ‘disincentivise’ infra investment
The government’s proposed reforms to the Solvency II regime would not help to facilitate insurers’ investment into UK infrastructure, the Association of British Insurers has claimed in a consultation response.
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NewsArmed forces scheme books £200mn cost for incorrect benefits
On the go: The Armed Forces Pension Scheme has recorded a £200mn cost linked to incorrect benefits received by discharged personnel.
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NewsGovt equalises tax relief top-ups for net pay savers
On the go: The government has introduced legislation that will equalise the tax relief top-ups offered to low earners saving in net pay arrangements and those using relief at source schemes.
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NewsFirefighters demand fix to ‘grossly unfair’ pensions dilemma
The Fire Brigades Union has drawn attention to a problem facing members that have accrued benefits in both the 1992 and 2015 Firefighters’ Pension Schemes, which exposes, in particular, members aged over 55 that can no longer meet firefighters’ fitness requirements.
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NewsGovt urged to tackle NHS pensions amid staff retention fears
The government has been encouraged to address NHS pensions in order to tackle staff retention issues, following the announcement of a sub-inflation pay rise of 4.5 per cent for eligible dentists and doctors.