Latest articles from Angus Peters

Lords commit TPR to preserving open DB schemes

The House of Lords has amended the pension schemes bill to ensure that open defined benefit schemes are not forced to derisk their investments in the same way as closed plans, in one of four defeats suffered by the government.

How can schemes make ESG compliance meaningful?

Analysis: With three months until the deadline for publication of new implementation statements on sustainability risks, how can engaged trustees show members the value of their work?

Lords’ climate amendment could dilute trustee power

An amendment to climate risk provisions in the pension schemes bill could force schemes to align their investment strategies with the Paris agreement, going one step further than the government’s own provisions for reporting against sustainability criteria.

PPF cap is age discrimination, court rules

High court building (teaser)

A High Court judge has ruled that a key feature of the Pension Protection Fund’s benefit structure is illegal on age discrimination grounds, leaving the defined benefit lifeboat liable for back payments to wealthier pension members.

Superfunds cleared to begin work under TPR interim regime

The Pensions Regulator is to sanction the transfer of struggling corporate defined benefit schemes into commercial consolidators aiming to secure pensions at a lower cost than insurers, under a two-part interim regime unveiled on Thursday.

Pensions Expert June edition: The purpose of pensions

Our digital monthly magazine is now live, including cutting analysis of the difficulties mixing investment with ethics, exclusive case studies, and insight into the findings revealed by cost transparency.

DC Debate: Will Covid rebuilding advance the ESG agenda?

DC debate (teaser)

Many responsible investment products have seen their performance flattered by insulation from the oil price crash. But mitigating ESG risks is a long game, so how can schemes and trustees turn compliance into meaningful action? We ask four experts for their views.

London boroughs add real assets income fund

News On the Go

On the go: The investment pool for London’s Local Government Pension Scheme partner funds has launched a new real assets fund aiming to steadily outstrip inflation, with seed money from the boroughs of Redbridge and Bexley.

Tory peer aims to tighten dashboard commitments

News On the Go

On the go: An amendment to the pension schemes bill tabled by Lord Young of Cookham on Monday will force the Money and Pensions Service to provide a complete pensions dashboard for savers.

Auto-enrolment weathers second contribution increase

A step up in the level of minimum contributions to workplace pension schemes in the UK has resulted in a minor uptick in employees choosing to opt out of saving, according to a new study.