All Defined contribution articles – Page 66

  • News

    Govt proposes new rules for companies’ climate disclosures

    2021-03-24T00:00:00Z

    On the go: The government is consulting on new rules to mandate climate-related financial disclosures by companies, which will aid pension schemes’ compliance on environmental, social and governance factors.

  • News

    Smart Pension invests in private market illiquids

    2021-03-24T00:00:00Z

    On the go: The £1.5bn Smart Pension master trust has introduced private market illiquids into its default fund after developing a solution in partnership with Natixis Investment Managers.

  • News

    PensionBee plans London stock exchange float

    2021-03-23T00:00:00Z

    On the go: Pension consolidator PensionBee is considering floating on the London Stock Exchange, which it says will allow it to invest in future growth.

  • News

    Suspect in £13.7m pension fraud extradited to UK

    2021-03-22T00:00:00Z

    On the go: An individual has been extradited from Spain in connection with a £13.7m pension fraud in a criminal case being brought by the Pensions Regulator.

  • News

    TPR: 'Greater need’ for schemes to reconcile data due to Covid-19

    2021-03-22T00:00:00Z

    On the go: Due to the current pandemic, there is a “greater need” for accurate data reconciliation, according to Louise Sivyer, policy principal at the Pension Regulator’s regulatory policy directorate.

  • Opinion

    The future is… consolidation?

    2021-03-22T00:00:00Z

    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.

  • News

    Pensions dashboards’ 2023 target ‘under threat’

    2021-03-19T00:00:00Z

    The target date of 2023 for the introduction of the pensions dashboards is under threat from a lack of clarity in several key areas, the Society of Pension Professionals has warned.

  • News

    DWP consults on removing charge cap DC investment barrier

    2021-03-19T00:00:00Z

    On the go: The Department for Work and Pensions on Friday opened a consultation into whether the charge cap acts as a barrier to defined contribution scheme investments in a range of alternatives, such as venture capital, illiquids and growth assets.

  • News

    £10,000 auto-enrolment threshold ‘should be removed’

    2021-03-18T00:00:00Z

    On the go: The £10,000 threshold below which people do not qualify for auto-enrolment should be removed to help underserved groups, like women and the self-employed, build up pension wealth, a Trades Union Congress pensions conference heard on Tuesday.

  • Podcasts

    Podcast: Uber decision poses challenges for master trust sector

    2021-03-18T00:00:00Z

    Podcast: For master trusts, onboarding gig economy workers who could be entitled to a pension following the Supreme Court’s Uber verdict is not as simple as it may sound. Hymans Robertson’s Patrick Bloomfield, partner, and senior DC investment consultant Victoria Panormo unpack the problem, in an episode also covering the Pensions Regulator’s draft criminal powers policy, and the Department for Work and Pensions’ climate risk consultation.

  • News

    Uber drivers given pensions after court ruling

    2021-03-17T00:00:00Z

    On the go: Uber drivers will be auto-enrolled into a pension scheme after a Supreme Court judge ruled that its drivers should be classed as ‘workers’.

  • News

    LCP finds stark variation in investment pathways charges

    2021-03-16T00:00:00Z

    On the go: Pension savers who choose to continue investing into retirement via a drawdown product face a sharp variation in the lower and upper ends of charges on investment pathways funds, according to research by consultancy LCP.

  • News

    One in three managers use their influence on voting rights

    2021-03-14T00:00:00Z

    On the go: Only a third of asset managers are able to provide details of how they have used their influence in voting as investors, according to new research.

  • News

    Nest invests £250m in green energy

    2021-03-12T00:00:00Z

    On the go: Master trust Nest has partnered with Octopus Renewables to invest £250m in green energy in UK and Europe.

  • News

    AkzoNobel transfers assets to master trust

    2021-03-12T00:00:00Z

    On the go: The AkzoNobel Benefit Builder, which closed to future contributions in October last year, has transferred the majority of its assets to a defined contribution master trust with Mercer. 

  • Jacqui Woodward
    Opinion

    Seismic shift coming to DB consolidation

    2021-03-12T00:00:00Z

    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.

  • Imran Sattar
    Opinion

    How scheme trustees can make implementation statements matter

    2021-03-12T00:00:00Z

    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. 

  • News

    Opperman urges pension schemes to share scam data

    2021-03-11T00:00:00Z

    On the go: The minister for pensions and financial inclusion has urged pension schemes to share scam data with the Pension Scams Industry Group, with the goal to get a real coverage of the issue.

  • News

    TPR to assess value for money for savers

    2021-03-10T00:00:00Z

    On the go: The Pensions Regulator plans to publish a discussion paper to assess value for money as part of its new corporate strategy.

  • Dreamstime
    News

    Fraud Compensation Fund to begin processing cases within 18 months

    2021-03-09T00:00:00Z

    The Fraud Compensation Fund could begin processing cases through to settlement within 12-18 months, a meeting of the Transparency Task Force was told on Monday.