Latest articles from Angus Peters

Government must clarify minimum pension age plans, say experts

HM Treasury has been urged to clarify its plans for increasing the age at which savers can access pension freedoms, after it accelerated the rate at which the state pension age will increase in July.

Manager stops single fund meetings as LGPS pools take shape

Fund manager Baillie Gifford has stopped attending and presenting at committee meetings of several Local Government Pension Scheme clients, demonstrating the trade-off between fees and face-to-face interaction that can come with asset pooling.

Government reaffirms commitment to cold-calling ban

The government has announced that it will introduce its long-promised ban on pensions cold calling “when parliamentary time allows”, putting to bed concerns that a second consultation would further delay the legislation.

What do the ONS labour stats tell us?

Analysis: Record numbers of older workers have come as little surprise to economists, but what will it mean for other generations, and might the broad trends hide potential pitfalls for pensions policy?

Scottish Widows switches DC defaults to target drawdown

Scottish Widow (teaser)

Scottish Widows has changed the default investment strategy of its group personal pension plan clients to target flexible access drawdown instead of an annuity, as member demand continues to shift away from guaranteed income.

TPR naming and shaming aims to boost trusteeship

The Pensions Regulator has reaffirmed its commitment to improving standards of trusteeship, with a series of policies that place a particular focus on the role of professional and independent board members.

tPR greenlights British Steel RAA

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The Pensions Regulator has granted initial approval for the restructuring of the British Steel Pension Scheme, which will see members offered revised benefits at a level above those provided by the Pension Protection Fund.

SSE wipes off £1.2bn of longevity risk

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FTSE 100 energy company SSE has completed £1.2bn of longevity risk hedging for two of its DB pension schemes, comprised of two buy-ins and longevity swaps with separate insurers.

Trustee pay falls as workload ramps up

The average pension scheme trustee is being asked to dedicate more working days than ever to the running of a scheme, and is being paid less to do so, a survey released on Thursday has suggested.

CYBG scheme closure highlights industry's 10-year funding headache

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Banking group CYBG has closed its DB pension scheme to future accrual, wiping £131m from its liabilities and avoiding increased contributions amid worsening market conditions.