Latest articles from Angus Peters

FCA wants to strengthen duty on managers and consultants

About £109bn of investor assets is held by managers who charge high fees but do not offer significant variation from an index-tracking strategy, the Financial Conduct Authority’s interim report on competition in the asset management market has found.

Draft Lisa rules attempt to prevent AE opt-outs

Providers of the lifetime Isa should warn savers that substituting their pension for the product will mean they lose out on employer contributions, draft rules published by the Financial Conduct Authority have proposed.

Keep comms 'balanced' as DB transfer interest is up

Advisory service Intelligent Pensions has seen the number of defined benefit transfer requests it has processed increase during 2016 as members seek to take advantage of the freedom and choice reforms.

The Weekly Wrap: November 11 edition

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A round-up of the pensions industry stories published across the FT Group this week, from the planned closure of the British Steel Pension Scheme to a shortage of investment-ready infrastructure projects.

HSBC pioneers ESG in DC with £1.85bn multi-factor fund

The HSBC Bank UK Pension Scheme has selected a multi-factor fund with a tilt towards low-carbon businesses as the equity component of its default offering, a switch that will see £1.85bn of defined contribution savers' money invested in line with green principles.

When things get hairy: Don’t overreact to President Trump

From the blog: Donald J Trump has been elected president of the US, sparking marked but short-lived market fluctuations and suggesting that you probably shouldn’t take investment advice from a pollster.


We’ve said goodbye to experts, David Bowie and positive real yields over the course of 2016, but will the advent of President Trump really bring about the further descent into chaos predicted by some pundits?


For long-term investors, that case looks hard to state at the moment.


Click here to read the full blog post

Hedging at a high as schemes lose hope for fast rate rise

Institutional investors in the UK increased inflation hedging by 11 per cent during Q3, according to a survey – a sign that schemes and sponsors have reached the limits of their tolerance for widening deficits.

Schemes urged to look past 'Super Thursday' market movements

The FTSE 100 fell last week on the back of a High Court ruling that parliament must have a vote on the UK’s triggering of Article 50, while the Bank of England revised its inflation expectations upwards.

'Rules lottery' continues after Court of Appeal's RPI/CPI judgment

Trustees of the Barnardo Staff Pension Scheme will not be allowed to provide indexation of benefits in line with the consumer price index, according to a Court of Appeal decision earlier this week.

Is it time to stop worrying about deficits?

Rising yields means UK pension deficits are finally shrinking again, according to several industry monitoring systems, but is the defined benefit sector spending too much time concentrating on shortfalls?