Latest articles from Benjamin Mercer

Universities back alternative proposals to reform USS

Graduation day

Employers representing 95 per cent of the Universities Superannuation Scheme membership have backed measures proposed by Universities UK, including enhanced employer covenant provision, in a bid to end the impasse over the scheme’s 2020 valuation.

Timms urges action on fraudsters posing as Dalriada trustees

Reuters, Fotoware

Work and Pensions Committee chair Stephen Timms has written to the City of London Police asking why no urgent action has been taken against fraudsters masquerading as representatives of Dalriada.

Ombudsman reports failing AE employer to the regulator

News on the go

On the go: The Pensions Ombudsman has upheld a complaint against accounting company Berics over £678 in unpaid auto-enrolment contributions, reporting the employer to the Pensions Regulator.

Treasury slammed for McCloud errors, but members will foot the bill

HM treasury logo (teaser)

The Public Accounts Committee has issued a scathing report highlighting the Treasury’s failure to predict the numerous problems stemming from 2011-15 public sector reforms, warning its mistakes will take “generations” to resolve.

Calls for NHS pension reform to tackle 'medical staffing crisis'

News on the go

On the go: The British Medical Association has used a Public Accounts Committee report criticising the Treasury’s implementation of public sector pension reforms to call for further changes to the NHS Pension Scheme in order to tackle the medical staffing crisis.

Trustees should focus more on scheme admin in anti-scam fight


Podcast: LCP partner Francesca Bailey and Pensions Management Institute president Lesley Alexander discuss pension scams, dashboards and corporate activity.

Weekly roundup: All systems are go, all lights are green


This week — new rules for trustees to report on climate change investment risks, a High Court ruling on exit credits, leaked findings from PHSO give a boost to the Waspi campaign, and the threat of a strike about a pensions freeze looms over General Electric

Industry bodies warn of 'consultation fatigue'


A number of industry bodies are concerned about “fatigue” from a deluge of consultations, Pensions Expert can reveal, warning that the sheer number of responses required, coupled with the short time-frames in which to prepare them, risks overwhelming their ability to respond properly.

DWP presses ahead with TCFD rules in time for COP 26

Wind turbines, sunset

The Department for Work and Pensions is pressing ahead with new rules that will require trustees to report on their schemes' climate change investment risks by October, but has introduced a number of changes and easements to the regulations after industry concerns.

GE facing industrial action over pension cut proposals

News on the go

On the go: General Electric’s UK division is facing the prospect of industrial action over reforms to its pension schemes, which, critics have said, will leave workers thousands of pounds worse off.