Latest articles from Angus Peters

Wincanton runs ETV to drive liabilities down

Cover graphic 290517 teaser

The Wincanton Pension Scheme has embarked on an enhanced transfer value exercise in an attempt to further cap its obligations, after trivial commutations wiped £3.8m from its liabilities.

No end to liability build-up for charity schemes

Some of the worst-funded not-for-profit scheme sponsors are unable to cease future accrual or limit future membership as defined benefit affordability continues to pose a threat to the sector.

Schemes urged to take action on data security

Pension schemes must use the next 12 months to review and update data protection practices, industry experts have urged, ahead of new rules which could result in huge fines for trustees.

Lord Stoneham: Flat rate tax relief will help 'people in the middle'

For the latest instalment of our 2017 general election interview series, Lord Stoneham, the Liberal Democrat chief whip in the House of Lords, explains his party's commitment to reviewing pensions taxation, and the need for consolidation of schemes and of pots.

First asset managers commit to LGPS transparency code

The Local Government Pension Scheme advisory board has launched its code of transparency to improve cost disclosure, amid early indications that asset managers will sign up.

Regulator zeroes in on dividends

The Pensions Regulator has targeted employers who pay large dividends while underfunding defined benefit pension schemes in its latest annual funding statement, increasing the pressure on trustees to secure as much funding as possible.

Tata and BSPS agree terms for PPF-plus deal

Getty Images

Trustees of the £15bn British Steel Pension Scheme have agreed the key commercial terms of a regulated apportionment arrangement with sponsor Tata Steel UK, which would see members offered modified benefits as part of a new scheme.

NHS attacks put cyber security back on the agenda

Pensions administrators have urged schemes to review their cyber security arrangements and question their advisers' practices after the WannaCry ransomware targeted British organisations including the National Health Service.

John Lewis Partnership protects future with LDI

John Lewis shops for matching assets

The John Lewis Partnership Trust has introduced a liability hedging programme increasing its hedge ratio to 60 per cent, in a move experts said would protect significant recent contributions.

Industry divided over retrospective changes to pensions

Nearly half of pensions professionals and scheme representatives believe that retrospective changes to pensions promises should be allowed, according to a recent survey, suggesting growing concern over the level of defined benefit liabilities.