Latest articles from Angus Peters

ITV case: Regulator argues for retrospective moral hazard powers

The leveraging up of TV rental company Box Clever put members’ pensions at risk while extracting maximum value for its shareholders, a landmark Upper Tribunal case about the Pensions Regulator’s powers has heard.

South Yorks plumps for alts as equity concerns bite

South Yorks

The South Yorkshire Pension Fund is trimming its equity exposure and allocating to a range of alternatives, as part of a wide-ranging review that reaffirms the fund’s commitment to environmental, social and governance-based principles.

Do UK DB schemes have a covenant problem?

Analysis: Sponsor covenant and failed defined benefit promises are in the headlines again with the collapse of outsourcing giant Carillion. Could the liquidation be indicative of a wider national inability to pay pensions, and how should trustees react to a deterioration in their covenant?

Carillion collapse sparks calls for better DB rules

Source: Bloomberg

The collapse of Carillion and impending transfer of some of its defined benefit members into the Pension Protection Fund has raised questions about the suitability of existing pensions laws.

Four priorities for McVey's DWP

The Department for Work and Pensions got its fifth boss in less than two years on Monday evening, with Theresa May’s Cabinet reshuffle replacing David Gauke with Esther McVey as secretary of state responsible for the department.

Could flexible pension products help indebted millennials?

News analysis: More than a quarter of London’s millennial population are permanently in debt, it has been revealed. What role does pensions policy play in their financial health, and could more flexible solutions improve their situation?

Bulk annuity transfers to pass £15bn in 2018

2018 will be the first year in which buyouts and buy-ins for UK defined benefit schemes exceed £15bn, consultancy LCP has predicted, with improved funding levels and keen insurer pricing helping to establish a “new normal” in the bulk annuity market.

TPR gets stronger, the government weaker: Top 5 law and regulation stories from 2017

Year in review: Pensions policy output was muted in 2017 as Brexit negotiations proved an overriding concern, while regulators and courts continued their reforms and rulings at a busy pace. Here are our top five legal and regulatory stories from 2017.

PPF praised for tough line on Toys R Us insolvency talks

Getty Images

The pensions industry has welcomed the tough stance taken by the Pension Protection Fund in its negotiations with struggling retailer Toys R Us, saying it will encourage companies not to take their pension responsibilities lightly.

British Steel saga raises questions on advice market and transfers

Getty Images

News analysis: The Financial Conduct Authority and Work and Pensions Committee have both raised concerns about the decisions being made to transfer out of defined benefit schemes across the country, after poor advice given to UK steelworkers was recently highlighted. What lessons can be learnt from the British Steel saga, and do regulators need to embark on a programme of reforms?