All Consolidation articles – Page 2
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NewsGovernment sets out £25bn ‘megafunds’ plan for DC funds
Pensions Expert is covering all the major talking points from the long-awaited Pensions Investment Review, including legislative ‘backstops’ for UK investment and LGPS pooling, and measures to aid the consolidation of DC pension schemes. Our coverage is summarised here or available elsewhere on the website.
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NewsHow the government plans to consolidate small pension pots
Pension schemes will have to be able to facilitate automatic consolidation of pension pots smaller than £1,000 from 2030, under proposals set out by the government today.
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OpinionPolicymakers should focus on pension beneficiaries to boost the UK economy
Fiona Reynolds and David Pinkus of the Coller Pensions Institute call for the government to refocus its pension reforms on ensuring the best outcomes for members.
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NewsPension Investment Review seeks scale – but not at any cost
The Pensions Investment Review will not undermine freedom of investment choice, nor will it threaten fiduciary duty, according to the person overseeing the project for the Treasury.
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NewsPensions minister: Big is beautiful - and better
Torsten Bell used his opening address to the Pensions and Lifetime Savings Association’s Investment Conference to reinforce the government’s drive to scale up pension funds.
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NewsConsolidation pushes number of DC schemes below 1,000
The Pensions Regulator’s push towards “fewer, larger schemes” is having an impact as large DC funds – including master trusts – increase their dominance.
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In DepthIn Depth: Regulator’s new DC approach is a sign of things to come
Pensions Expert looks in detail at how the Pensions Regulator’s prudential approach to regulation is affecting all aspects of the industry.
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NewsTPR overhauls DC supervision to support ‘megafunds’ growth
TPR is to split its oversight of defined contribution pension funds into four categories as part of a major overhaul designed to reflect the changing nature of the sector.
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In DepthIn Depth: 40% of master trust memberships could consolidate, study finds
A major data exercise carried out by some of the UK’s biggest master trusts has shed light on the challenges of consolidating small pension pots and rolling out pension dashboards.
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OpinionLessons from the first year of ‘superfunds’
What has commercial DB pension scheme consolidator Clara learned from a year looking after superfund members?
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OpinionPension scheme growth requires a flexible approach
Debbie Webb of the Institute and Faculty of Actuaries calls for a reasonable and considered approach to achieving scale, with the needs of members at the centre.
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NewsFCA authorisation for pools ‘costly and time-consuming’, says LGPS board
The LGPS Scheme Advisory Board joins consultants and policy experts in querying the government’s proposals for reforming the Local Government Pension Scheme.
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OpinionThe 2024 Mansion House reforms: from theory to practice
Maria Busca, a senior policy adviser at the Association of British Insurers (ABI), argues that central to the chancellor’s planned reforms is making the UK a more investable destination.
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OpinionBreaking up is hard to do: Managing master trust moves
With the Value for Money regime on the horizon, Sackers senior counsel Emma Martin explores how trustees and employers can navigate changing master trust provider.
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NewsMegafunds plans could thwart growth of collective DC, AMNT warns
Trustees have warned that the government’s drive to consolidate defined contribution pension schemes could lead to “herding” and a focus on reducing employer costs at the expense of member outcomes.
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NewsGovernment urged to ‘seriously reconsider’ LGPS proposals
Industry commentators have warned of challenging timelines to achieve the government’s plans for the LGPS, while significant improvements to funding call into question the need for reform.
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OpinionHow can public sector pensions benefit the UK economy?
John Upton, policy analyst at the Pensions Policy Institute, explores how the Local Government Pension Scheme can boost the UK economy – and what the government needs to do to support this.
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NewsDC megafunds won’t automatically boost infrastructure investment
The government’s plans to drive consolidation among defined contribution (DC) pension schemes must keep members’ interests at the centre, according to respondents to a key consultation.
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OpinionConsolidation and megafunds: all change for DC schemes in 2025
Rachael Healey of law firm RPC scrutinises the government’s megafunds plans and what UK investment requirements could mean for trustees.
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OpinionA pension scheme consolidation wishlist
The Association of British Insurers’ Rob Yuille outlines the changes that are needed to make consolidation a success in the trust-based and contract-based worlds.