All Features articles – Page 6
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Features
Tyrwhitt Drake takes the reins as CEO at Pensions for Purpose
Charlotte Tyrwhitt Drake is poised to take over as chief executive of Pensions for Purpose in January, after joining as a director in July 2020 from Kempen Capital Management.
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FeaturesJim Cielinski: Corporate is the new sovereign
Back in May, a paper published by Janus Henderson Investors argued that the post-coronavirus economy was at a tipping point between binary outcomes.
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Features
Professional trustees: ‘quis custodiet ipsos custodes?’
Analysis: With consolidation now the name of the game in the small world of pensions, trustee conflicts of interest could harm millions of pension scheme members’ prospects, as schemes eye superfunds and master trusts with vast sums at stake in fees.
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FeaturesImproved governance is driving consolidation in DC
Data crunch: The prominence of better governance as a driver for consolidation in defined contribution provides a lesson for those trying to encourage mergers elsewhere in pensions, writes Broadridge’s Hal La Thangue.
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FeaturesBT Pension Scheme sets ambitious 2035 net-zero goal
The UK’s largest private sector pension scheme now aims to be one of the greenest, with a new goal to achieve net-zero greenhouse gas emissions by 2035 across its £55bn portfolio.
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Features
Small pots: Experts scorn idea of a pension for life
Data crunch: Experts have decried the radical solution to the small pots’ crisis, a pension for life, despite the threat that sub-scale funds could overwhelm the UK system.
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Features
Can ESG credentials improve member engagement?
The pensions industry is challenged when trying to engage young savers in their retirement savings — but there is a solution.
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Features
Sunny DB analysis masks trouble ahead
Data crunch: Detailed analysis of triennial valuations with due dates up to December 2019 confirm the gradual improvement in the security of defined benefits in the UK, but experts warn that care is needed to keep schemes on track this year.
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Features
‘Make or break year’ for frustrated DB consolidators
Analysis: Long-heralded defined benefit consolidators have yet to win a single client, but the prospect of mass insolvencies on the horizon could force trustees to test new derisking solutions.
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Features
New managing partner for Arc Pensions Law
Boutique law firm Arc Pensions Law has a new managing partner, Rosalind Connor, who succeeds Chris Mullen, its co-founder.
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Features
Widening spread on buyouts makes self-sufficiency harder to justify
Data crunch: An already booming market for pensions insurance has received a two-pronged boost from the coronavirus pandemic: the turmoil rippling through the economy is providing schemes with the best ever pricing for buy-in deals, just as the demand for shedding investment risk is at its greatest.
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Features
Section 75: Ticking time-bomb in need of reform, say lawyers
Analysis: Experts say section 75 debts and flexible apportionment agreements, one of the most complex areas of pensions law, is crying out for change.
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Features
Mounting Covid-19 death toll a bitter reprieve for pension schemes
Analysis: As the country anxiously tracks the accumulating death toll from Covid-19, pension trustees will eventually be forced to do a more perverse calculation: how much will the mounting fatalities reduce their funding deficits?
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Features
Coronavirus hits unhealthy DB schemes hard
Data crunch: A new report from consultancy Barnett Waddingham has found that the coronavirus crisis has exacerbated the funding divide between UK defined benefit schemes, with severe implications for those at the bottom of the pile.
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FeaturesDoes lockdown shift leave pensions exposed to cyber crime?
Analysis: Covid-19 is not the only invisible threat looming over some of the UK’s most vulnerable citizens.
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Features
Scottish Widows hires former regulator as master trust chair
Andrew Warwick-Thompson has been at centre of the pensions industry since 1986, in a variety of top jobs including leading roles at the Pensions Regulator and in the Local Government Pension Scheme, and now clutching his first non-executive role as chair of the Scottish Widows Master Trust.
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Features
Opportunity knocks, but can active managers actually capitalise?
Data crunch: Active asset managers have been making some bold claims amid the market maelstrom unleashed by Covid-19.
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Features
Fraud costs pensions £6bn every year
Data crunch: Almost a decade after a wave of pension liberation tax schemes hit the UK retirement sector, fraudulent activity is still having a detrimental impact on savers – costing schemes £6bn every year, according to the latest analysis.
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Features
Camden grills manager as ESG pressure mounts
The £1.7bn Camden Pension Fund has placed one of its managers under review over concerns that it would not be able to comply with the scheme’s climate risk reporting requirements.
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Features
Hundreds of thousands of micro pots suffer remorseless attrition
Data crunch: Eight years after the auto-enrolment revolution, millions of workers’ pensions are left languishing in master trusts when they move jobs.