Latest articles from Angus Peters

Select committee turns focus to Railways Pension Scheme deficit

Source: Getty Images

The Work and Pensions Committee has written to the Pensions Regulator over what it called the “staggering, parlous state” of the £25.5bn Railways Pension Scheme.

NHS staff get cash instead of contributions options

On the go: Doctors at risk of being caught by the tapered annual allowance will reportedly be offered cash instead of an employer contribution under new plans to reverse the trend for doctors retiring early.

Debenhams scheme survives pre-pack administration

On the go: Trustees of the Debenhams pension schemes have reassured members that they still have a sponsoring employer after the retailer went into a pre-pack administration on Tuesday.

Clara eyes Q2 transaction after consultation delays clearance

Commercial consolidator Clara Pensions expects to complete its first transaction within the next three months, according to the company’s founder and chief executive officer Adam Saron.

Debenhams trustees see hope for schemes after sponsor refinancing

On the go: Trustees of the Debenhams pension schemes have welcomed the news that its sponsor has agreed a £200m refinancing of its debt, including packages to improve the security of member benefits.

John Laing divests asset-backed funding from former sponsor

The John Laing Pension Fund has sold its remaining stake in infrastructure company John Laing Environmental Assets Group, a holding initially contributed to the scheme as part of a contingent funding plan in 2015.

L&G master trust default goes green due to member demand

On the go: The Legal & General Mastertrust is switching its default investment strategy to take account of environmental, social and governance risks, after a study revealed almost 60 per cent of its members favour the approach.

Keep in mind the member impact of pension changes

Angus Peters

Editorial: The March edition of Pensions Expert is out tomorrow, and several stories in this month’s magazine remind us of the people affected by the decisions made by trustees, sponsors, advisers, providers and government.

Delivery date for vital CMA reforms questioned

The government has welcomed reforms to the fiduciary management and investment consulting industry suggested by the Competition and Markets Authority, but experts fear it may be some time before key recommendations are implemented.