Latest articles from Benjamin Mercer

Investments in 2021: The year we ‘build back better’?

Investments in 2021 (teaser)

Three themes that will shape the investment sector in the year ahead.

More work needed to make ESG meaningful

Wind turbines, sunset

Scarcely a week passes without an announcement of a new environmental, social and governance-oriented venture. But experts warn more needs to be done if onlookers are to be confident that words have meaning.

Weekly roundup: Merchant Navy gets in line as general levy returns

Red ensign flag (teaser)

Welcome to Pensions Expert’s roundup of a week that saw the Pensions Regulator throwing its considerable bulk around. 

TCFD reporting requirements leave too little time for compliance

News On the Go

On the go: Almost half of respondents to a poll carried out by Eversheds Sutherland expressed a fear that trustees will not have time to comply with new climate change reporting requirements before they are introduced.

Small pots report recommends member exchange trials

The pensions industry should begin work to facilitate mass exchanges of sub-scale defined contribution accounts, according to a government-commissioned working group looking to address the problem of small pots.

Threat of TPR action forces changes to merchant navy trustee board

News On the Go

On the go: A four-year bitter dispute over the running of a naval industry pension scheme has finally been brought to a close by the Pensions Regulator, after it identified governance failings that had cost the scheme £1m.

Aftershocks from 2020 could see wave of DB scheme closures

News On the Go

On the go: The events of 2020, combined with exacerbating longer-term trends, could spark a wave of benefit reviews by UK companies, which in turn could result in a large number of defined benefit schemes closing in 2021, according to a new report by Aon.

Schemes to decide on dashboard data verification levels

Laptop hand IT PC (teaser)

Pension schemes and providers will be able to set up their own standards for individual data verification, which could lead to missing information on dashboards if pension funds opt for a risk-averse position.

Trustees advised to self-certify before Christmas

Twitter podcast logo

Podcast: Jo Myerson, trustee director at Ross Trustees, and David Rae, head of strategic client solutions at Russell Investments, discuss the importance of trustees complying with the Competition and Markets Authority’s self-certification rules, as well as insolvencies, superfunds and the fallout from the reform of the retail price index.

Ombudsman rejects ex-plumber appeal to dismiss section 75 debt

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The Pensions Ombudsman has rejected an ex-plumber’s appeal against paying £977,000 in Section 75 debt, as an updated trustee board membership tries to address historical issues in the Plumbing & Mechanical Services (UK) Industry Pension Scheme.