Latest articles from Alex Janiaud

Schemes can support the great renewable energy transition

Michael Urban

Video: As Europe is disrupted by an energy crisis, pension schemes can participate in the transition from fossil fuels into wind and solar energy, argues Michael Urban, deputy head of sustainability research at Lombard Odier Investment Managers.

Two-thirds of trustees are looking beyond buyouts

News on the go

On the go: Two-thirds of pension trustees are considering other options besides buyouts as part of their schemes’ long-term funding goals, new research has revealed.

Pension chiefs encourage company stakeholder engagement

News on the go

On the go: A group of pension executives has challenged companies to engage with their stakeholders and intensify their efforts to reach net zero emissions.

Weir scheme and Capita to pay member after GMP blunder

iStock

The Weir Group Pension and Retirement Scheme, along with its former administrator Capita, have been ordered by the Pensions Ombudsman to pay a member £2,000 over the poor handling of his transfer value information.

Johnson ignores tax proposal on scam victims

Fotoware

Prime Minister Boris Johnson has failed to acknowledge three letters from a prominent campaigner on pension scams, which propose changes to tax rules over pension access in a bid to protect scam victims.

Opperman fires back over universal DC charging structure

Fotoware

Pensions minister Guy Opperman stood his ground over the government’s expected move to introduce a single flat charge for defined contribution workplace pensions, after master trust providers criticised the proposal earlier in the week.

The People’s Pension slams single flat charge proposal

Bloomberg

Savers could lose thousands of pounds from their pension pots if the government proceeds with its expected plan to introduce a single flat charge for workplace pensions, according to one master trust.

Govt to consult on ‘levelling up’ LGPS targets in summer

News on the go

On the go: The Department for Levelling Up, Housing and Communities is expected to consult on the new requirement for Local Government Pension Scheme funds to set out plans for investing up to 5 per cent of their assets in domestic projects, the LGPS Scheme Advisory Board has said.

LGPS funds question government’s ‘levelling up’ investment target

Bloomberg

A handful of Local Government Pension Scheme funds and a former pensions minister are unconvinced by the government’s new requirement for these schemes to set out plans for investing up to 5 per cent of their assets in their domestic projects, as trustees’ fiduciary responsibilities could come under threat.

Prudential reports itself to regulator over AVC failings

Fotoware

Prudential reported itself last year to the Pensions Regulator, as a perfect storm of IT problems and coronavirus-led disruption pushed customers looking to cash out their additional voluntary contributions into long delays.