Latest articles from Angus Peters

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

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

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.

Tata could inject £520m into BSPS in RAA bid

Getty Images

Tata Steel has reportedly offered to contribute £520m to the British Steel Pension Scheme as part of a bid to reach a regulated apportionment arrangement with UK pension authorities.

Experts call for mandatory guidance as FCA targets advice take-up

Bloomberg

The Financial Conduct Authority will prioritise retirement income provision within pensions in 2017-18, addressing perceived problems with consumers who do not take regulated financial advice, as some argue schemes should organise Pension Wise sessions by default.

Labour's pension pledge card comes in for industry cost scrutiny

The Labour party has launched a pensioners’ pledge card, promising to extend the triple lock until 2025, compensate some of those affected by increases in women’s state pension age, and to protect the pensions of UK citizens overseas.