Latest articles from Alex Janiaud

Cost of living crisis fuels enquiries on amending contributions

News on the go

On the go: One in five of the pension schemes surveyed by the Pensions and Lifetime Savings Association have received enquiries from savers about reducing or stopping their pension contributions.

Border to Coast ready to vote on company leadership over ESG

AP Photo/Rick Bowmer

The Border to Coast Pensions Partnership has warned it is prepared to vote on the future boardroom leaders over environmental, social and governance matters, as it publishes its net zero strategy.

Professional trustee appointments jump 10%

News on the go

On the go: The number of UK pension schemes to have appointed a professional trustee rose by a 10th in the year to July 2022, new research has found.

LDI: L&G admits markets turmoil ‘caused challenges’ for clients

Market moves

Market moves: Legal & General notes the problems posed for clients by the speed of recent rate increases, asset managers limit withdrawals from property funds, and soaring gilt yields supercharge defined benefit scheme funding levels.

LDI: Mercer dismisses DB scheme solvency concerns

Market moves

Market moves: Consultancy Mercer has hit out at media reports that suggested the solvency of defined benefit pension schemes came under threat this week, while LGPS Central points out investment opportunities, and Hymans Robertson issues guidance on liability-driven investments and collateral needs.

Weekly Roundup: LDI another day

Simon Dawson/Bloomberg

This week – the Bank of England steps in to calm the markets, the regulator’s attempt to shore up pensions angers the RMT union, adviser discovers roughly a fifth of NHS pension records have errors, and TPR left reeling that no one pays attention to trustee diversity data.

PPI touts new inflation measure over RPI

News on the go

On the go: The Pensions Policy Institute has said that the household costs indices, which is currently being developed by the Office for National Statistics, could better reflect changes in pension income than current methodologies.

Adviser finds errors in nearly 20% of NHS pension records

Getty Images

An NHS pensions expert has identified mistakes in almost one in five pension records, having spotted misallocated arrears that artificially inflated a member’s pension growth, which would have otherwise triggered a £15,000 annual allowance charge.

Bank of England buys gilts to protect pension funds

Reuters/Maja Smiejkowska

The Bank of England has commenced a round of government bond purchases in an attempt to stabilise markets, after falling government bond prices prompted collateral calls for pension funds.

More than a third of schemes ignore own trustee diversity data

Fizkes/Dreamstime

More than one-third of the pension schemes that collect trustee diversity data have no intention of using it, the Pensions Regulator has found, as it publishes an action plan to boost boards’ diversity and inclusion.