Latest articles from Angus Peters

Blackford: Pension commission could restore consumer trust

In the second instalment of our 2017 election pensions spokespeople series, we hear from Ian Blackford, who is standing for re-election as the Scottish National Party representative for Skye, Ross and Lochaber.

Nortel inches closer to PPF-plus as £5bn lockbox opened

Bloomberg

The Nortel Networks UK Pension Plan is set to receive more than £1bn in assets from its insolvent sponsor Nortel in the coming months, after US and Canadian courts agreed to open a $7bn (£5.4bn) escrow ‘lockbox’.

Dyfed 97% funded but private schemes lag behind

The Dyfed Pension Fund is nearing solvency as an investment review is set to largely stick with the scheme’s equity-heavy asset allocation, making for a sharp contrast to the situation at many private sector schemes.

Cunningham: Next government must boost transparency

In the first of a series of interviews with political candidates representing their parties on pensions issues, we hear from Alex Cunningham, Labour MP for Stockton North.

Millennials' lack of financial confidence could threaten AE

Government, employers and pension schemes must lead a collaborative drive towards better financial education and diversity, experts urged, in response to a study of millennials’ financial habits.

The mother of all wash-ups

Angus Peters

From the blog: Perhaps it would have been helpful of Theresa May and her cabinet to give a little more thought to the progress of current legislation before taking the country to the polls.

 

Alongside a steadfast refusal to confirm her party’s stance on the state pension triple lock, the prime minister has now issued a pledge to strengthen the Pensions Regulator against "irresponsible" bosses.

 

But a string of new measures have been thrown into jeopardy by purdah and the 'wash-up' period that precedes it.

 

Click here to read the full blog post

DWP hopes contracted-out transfers will smooth BHS deal

Getty Images

The Department for Work and Pensions has published “urgent” regulations for struggling contracted-out schemes, in a bid to protect pensioners during deals such as the regulated apportionment arrangement of BHS.

AE progress puts pressure on employers to up DC incentives

Eight in 10 employers are failing to incentivise good levels of pension saving, according to a survey, as the pressure builds on companies to improve their benefits packages.

JLT scheme deficit shows rate pain persists

The UK pension scheme of consultancy and insurance business JLT Group saw its IAS 19 deficit jump during 2016, as bond yields proved a leveller for schemes of all sponsor types.

Nolan: Inflexible actuaries and trustees harm DB employers

Trustees and their actuaries must consider the impact of deficits and funding negotiations on struggling defined benefit sponsors, the president of the Society of Pension Professionals has warned.