Latest articles from Angus Peters

Wealthy male pensioners buck national longevity trends

Rapidly rising life expectancy among older men will maintain high deficits for UK defined benefit schemes, according to a new report, despite flatlining mortality rates for other demographics.

Strathclyde hails transfer warning effort

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A communications exercise warning members of the Strathclyde Pension Fund about the risks of cashing in their benefits has seen the scheme’s membership continue to grow despite declining payroll numbers.

Pensions Institute: Relax DB promises to tackle PPF drift

Stressed schemes and employers should be allowed to reduce pension increases and gain easier access to PPF-plus benefit-restructuring methods in order to minimise “PPF drift”, a new academic paper has said.

Scheme support levels at lowest since financial crisis

Affordability of FTSE 350 defined benefit pension promises has retreated to levels not seen since the global financial crisis, a new report has found, putting pressure on trustees of mature schemes.

Income security needed to bolster drawdown products

Drawdown solutions must be improved to offer pensioners greater certainty that their retirement income will last, a panel of specialists told Pensions Expert last week.

FCA cracks down on transfer advice

Pension consultants have welcomed the Financial Conduct Authority’s adoption of a tough stance on companies advising on defined benefit transfers, calling it a “price worth paying” for member security in retirement.

Webb: Tories 'terrified' of AE contribution hike

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The Conservative party is “terrified” to make changes that will safeguard pensions adequacy and enable older savers to leave work when they want, former pensions minister Sir Steve Webb has said.

US withdrawal from Paris accord no threat to ESG investing

Source: Bloomberg

US president Donald Trump’s decision to pull out of the Paris climate accord will not affect the UK’s growing implementation of environmental, social and governance criteria on investment strategies, experts have said. 

Mums know best: Hogg Robinson mortality study slashes liabilities

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B2B services provider Hogg Robinson Group has undertaken a medically underwritten mortality study of its UK pension scheme members, shaving £68.4m off its liabilities.

Willetts: Narrow green paper fails on intergenerational equality

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Conservative peer Lord Willetts has spoken out against the scope of the Government’s green paper consultation on defined benefit pensions, criticising its lack of regard for intergenerational fairness.