Latest articles from Angus Peters

Time running out for DWP to book 2019 bills, Webb warns

The Department for Work and Pensions is at risk of running out of time to pass key aspects of its pensions policy agenda in 2019 due to the impact of Brexit and several measures yet to even reach a consultation stage, according to former pensions minister Sir Steve Webb.

How can schemes assess employer covenant strength?

As covenant risk moves up defined benefit scheme trustees’ agendas, what is the best way to keep tabs on an employer?

Just Group aims for increased education on DB freedoms

Retirement provider Just Group claims it has disrupted the market for defined benefit member option exercises with a new product launch, as trustees come under increasing pressure to keep members informed about their options under freedom and choice.

Box Clever judgment sees scheme inch closer to ITV funding

Source: Wikimedia Commons

The Pensions Regulator was right to seek to impose a financial support direction on ITV in relation to the Box Clever defined benefit pension scheme, according to a court judgment published on Friday.

Carillion's post-mortem

Cartoon 210518 (teaser)

It is not unusual for Work and Pensions Committee chair Frank Field to show off an impressive vocabulary when launching a salvo against political and personal foes. But even by his standards, the imagery used to put to bed the failed outsourcer Carillion has taken a turn for the macabre.

Blocking dodgy transfers could stop scams, say trustees

Only a restriction of the statutory right to transfer will end pension scams, the Pensions Regulator’s leading trustee company for appointments to irregular schemes has said, as it reported a marked increase in the number of cases dealt with in recent months.

Liquid alternatives: How diversified is your DC default?

Analysis: Defined contribution default funds are facing the unenviable task of constructing diversified portfolios with limited budgets and a requirement for liquidity. Could liquid alternatives help?

Smart Pension and L&G to develop first default retirement pathway

Default retirement pathways could become a feature of the UK pensions system as early as next year, as Smart Pension and Legal & General announce plans to develop a product combining drawdown and annuities.

Lack of trustee engagement leads to higher fees, CMA finds

The Competition and Markets Authority has turned its attention to the negotiation abilities of trustee boards, with a working paper that highlights the benefits of engaging third-party oversight of consultants or fiduciary managers.