Latest articles from Benjamin Mercer

Investment managers’ boardrooms lagging on ESG

News on the go

On the go: Investment managers lack environmental, social and governance experience at boardroom level, with less than a quarter having mandatory training for board members, according to new research.

MPs support CDC development, call for DWP to scrap statement season

Dreamstime

In a wide-ranging report, the Work and Pensions Committee has recommended that the government continue its work on collective defined contribution schemes and, separately, scrap the proposals for a “statement season” favoured by pensions minister Guy Opperman.

DWP tweaks 'stronger nudge' in response to industry complaints

DWP

The Department for Work and Pensions has announced several changes to its proposed “stronger nudge” in response to industry concerns, with the aim being to lessen the burden of administering them.

The Pension SuperFund revamps executive structure

News on the go

On the go: The Pension SuperFund has announced the appointment of a new chief executive officer as part of a governance shakeup as it awaits authorisation from the Pensions Regulator.

Accountancy institute publishes DB guidance for auditors

News on the go

On the go: The Institute of Chartered Accountants in England and Wales has published new guidance aimed at helping auditors understand defined benefit pension scheme figures and establishing best practice when filing requests for information.

Opperman rules out mandatory guidance for 50-year-olds

Fotoware

Pensions minister Guy Opperman has ruled out the prospect of automatic appointments for 50-year-olds with Pension Wise as it would be expensive and ineffective.

Weekly Roundup: I’m on McCloud nine

High court building (teaser)

This week — High Court dismisses police officers’ McCloud review, calls for the government to rethink planned pension age increases, Nest closes its redundant — and confusing — Pre-retirement Fund, and Zedra acquires trustee services and governance provider PTL.

DC focus must ‘fundamentally shift’ from costs to value in 2022

Podcasts

Podcast: Darren Philp, director of policy and communication at Smart Pension, and Mike Ambery, partner at Hymans Robertson, discuss the defined contribution outlook, expanding auto-enrolment, and reforming Solvency II.

Access pool criticised by LGPS board over policy failings

iStock

Investment pool Access has earned the ire of the Local Government Pension Scheme Advisory Board, having failed to implement a policy on member representation that was decided in 2017.

High Court rebuffs police officers’ McCloud judicial review

Fotoware

The High Court has rejected a judicial review claim brought by the Police Superintendents’ Association against the government’s McCloud consultation, despite finding legal errors in the process.