Latest articles from Amy Austin

Govt to force schemes to publish climate risk disclosures

News On the Go

On the go: The largest pension schemes will be legally required to assess and report on climate change risks within their investment portfolios under new government rules.

Call for govt to abolish flat fees in workplace pensions

News On the Go

On the go: LCP is calling for an end to flat monthly fees being charged on defined contribution pots, arguing they can be “detrimental” to low-paid and part-time workers, although the government has previously stated it is not considering a ban.

Ombudsman finds ‘maladministration’ in BSPS transfer

News On the Go

On the go: The trustees of the old British Steel Pension Scheme have been ordered to pay out to a steelworker, after “maladministration” meant he received a pension transfer lower than he could have done.

Govt unable to assess level of opt-outs during Covid

News On the Go

On the go: The government has claimed it is unable to determine whether opt-outs from auto-enrolled pensions have increased since the Covid-19 pandemic, the minister for pensions and financial inclusion has said.

PLSA framework to help savers navigate ‘confusing’ freedoms

News On the Go

On the go: The Pensions and Lifetime Savings Association has proposed a new regulatory regime that will require schemes to support savers when making decisions about how to access their pensions.

Nest unveils net-zero investment strategy

News On the Go

On the go: Master trust Nest has introduced a climate change policy with the aim of achieving carbon neutrality across its investment portfolio.

MPs launch probe into access of pension savings

The work and pensions committee has announced it will focus on scams in the first stage of its three-part inquiry into the impact of pension freedoms and level of protection for pension savers.

Govt outlines solutions for pensions net pay anomaly

The government is seeking industry views on how to end the net pay anomaly affecting low-paid earners in the pensions tax relief system.

Provider nudges increase guidance uptake

News On the Go

On the go: A strong provider nudge drives three times more savers to seek pension guidance, trials arranged by the Money and Pensions Service have found.

Govt’s ‘landmark’ pensions bill proceeds to Commons

News On the Go

On the go: The pension schemes bill, which includes rules for pension dashboards and new powers for the Pension Regulator, has cleared its first hurdle in the House of Lords.