All Defined benefit articles – Page 30
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NewsAsset managers must up their game on engagement and diversity
Despite improvements in stewardship and governance in the asset management industry, research from ShareAction has shown there are considerable gaps in performance.
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OpinionPlenty of work for schemes to do, despite dashboards delay
CTC Pensions Technology’s operations director, Sam Al Hamis, explains that much needs to be done regarding valuation projections before a scheme will be ready to join the pensions dashboards.
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NewsGulf of inequality: Little progress on women’s pensions gap
New data from HM Revenue & Customs, released on March 8, leaves little to celebrate on International Women’s Day, as it clearly shows that women are still earning considerably less than men at every stage of life.
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NewsGovernment says 12.5mn people are under-saving for retirement
The Department for Work and Pensions has said that 12.5mn people are under-saving for retirement, prompting providers to call for further pension reforms.
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NewsLatest dashboards delay is catastrophic for consumers
The latest delay to the Pensions Dashboards Programme announced at the end of last week was met with many shows of good grace – and perhaps schadenfreude – from certain parts of the pensions industry.
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NewsPensions minister delays dashboards and resets plan
Pensions minister Laura Trott has delayed the implementation of the long-awaited pensions dashboards, causing consternation for pension advisers and consultants.
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NewsCost of living crisis is compounded by apathy in the workplace
The cost of living crisis has raised concerns among pension schemes that some members may choose to abandon their pensions in order to boost their take-home pay.
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NewsPensions admin: No longer the Cinderella function
Pensions administration is often considered a sleepy backwater for technical pensions nerds, but its time has come, and 2023 is going to be the year of the administrator.
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NewsTravel towards endgame has accelerated
The buoyant mood surrounding the pension scheme derisking market has received further evidence that confidence is based on fundamentals, not sentiment.
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NewsMarkets forced public sector funds to mull direction change in Q4 2022
Data crunch: The changing investment environment has forced deeper reviews among public sector funds than had been anticipated.
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NewsGrowing momentum behind derisking solutions
Data crunch: MandateWire’s latest DealFlow report charts the growing momentum behind derisking solutions among UK corporate pension schemes.
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NewsGovernment incentive plans are focused on wrong groups of workers
Government efforts to boost Britain’s economic activity should focus on supporting more mothers into work and helping older workers and those with a disability stay in work, not those who have already retired, according to new research published by the Resolution Foundation.
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NewsLocal authority pension fund postpones pool exit decision
On the go: The £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund has postponed its decision on whether or not to leave London CIV, according to tri-borough director of treasury and pensions Phil Triggs.
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NewsDashboard consultation: missed opportunities and a lack of clarity
The closure of the joint consultations on the long-awaited pensions dashboard have raised concerns about timing and the direction of both organisations running the show.
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NewsBuoyant DB pension funding environment may hasten endgame
Defined benefit pension funds’ buoyant funding levels of recent months have continued more or less unabated.
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NewsWindow may open again for members of CMG UK Pension Scheme
CMG Pension Trustees has applied to appeal a High Court ruling from August 2022 that determined members of the CMG UK Pension Scheme were not entitled to the payment of arrears.
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NewsTPR lead reviewer appointed
The Department for Work and Pensions has announced the appointment of Mary Starks to lead a review of the Pensions Regulator.
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NewsPublic Accounts Committee to probe AEAT scheme members’ treatment
The Public Accounts Committee is to investigate the treatment received by members of the AEA Technology Pension Scheme when it entered a Pension Protection Fund assessment period in 2012.
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NewsLondon CIV faces uncertainty as local authority fund ponders future
Despite the government’s best efforts to pool the assets of UK local authority pension funds, one London scheme – the £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund – recently revealed it may leave the London CIV.
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NewsLords call for ‘far stricter limits’ on LDI leverage
A committee in the House of Lords has called for “far stricter limits” on leverage in liability-driven investments, which it believes caused the Bank of England intervention, while considering giving the Prudential Regulation Authority a role in schemes’ supervision, due to their “bank-like” strategies.