Latest articles from Benjamin Mercer

Strike suspended as schools and unions meet over teachers’ pensions

News on the go

On the go: Unions have suspended plans for more strike action at 23 private schools to allow talks to take place over planned changes to teachers’ pensions.

Dashboards’ staging deadline too ambitious for LGPS

Pensions dashboard (teaser)

The government’s timetable for dashboards’ integration is likely to be too ambitious for the Local Government Pension Scheme, with administering authorities bogged down by other challenges, its pensions committee has warned.

FTSE 100 firms lagging on data, half of schemes have impact investments

ESG spotlight

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with a majority of FTSE 100 companies still failing to disclose diversity and welfare data in their annual reports, and Big Society Capital finding that half of all UK pension funds now hold some form of impact investment.

McCloud legislation on track for April

News on the go

On the go: Secondary legislation necessary for the implementation of the McCloud remedy is on track to be published by April 1, and another round of consultations is due before October, the government has confirmed.

Government to impose McCloud costs despite significant opposition

Sora Shimazaki/Pexels

The government has confirmed it will impose the costs of the McCloud remedy on public sector schemes’ 2016 valuations, despite its consultation garnering significant opposition from members and trade unions.

UCU threatens yet more strikes over employers’ USS deal

News on the go

On the go: The University and College Union has threatened yet more industrial action, including a marking and assessment boycott, as the row over the resolution of the Universities Superannuation Scheme’s 2020 consultation escalates.

Weekly Roundup: From Russia with haste

Getty Images

This week – Pension schemes pull out of Russia, auto-enrolment reforms fail to move forward, the High Court allows legal action against the USS to proceed, and a long wait ahead despite the McCloud resolution.

Opperman promises GMP conversion tax fix

News on the go

On the go: Pensions minister Guy Opperman has clarified some of the provisions in a bill regarding guaranteed minimum pensions conversion, and pledged to work with HM Revenue & Customs on the tax implications.

DC focus turns to member outcomes but retirement uncertainty remains

Pexels

Data crunch: Despite almost half of defined contribution schemes now stating their main aim is to deliver adequate retirement income for members, 63 per cent do not know what is the expected outcome for a typical member at retirement, according to new research.

Survivors must wait for McCloud remedy for pensions clarity

Nannakim/Dreamstime

Survivors of deceased public sector scheme members may have to wait for the McCloud remedy to be implemented before discovering whether they are entitled to any of their spouse’s pension, a government minister has said.