Latest articles from Benjamin Mercer

LGPS market value up nearly 25 per cent in a year

News on the go

On the go: The market value of the Local Government Pension Scheme rose by 23.8 per cent in 2020-21 when compared with 2019-20, according to new figures from the Department for Levelling Up, Housing and Communities.

2022: Pressure is on as regulation reaches endgame

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Regulation, endgame and lingering Covid-19 symptoms are on the defined benefit agenda for 2022.

Fairs: Diversity should make for difficult trustee board discussions

News on the go

On the go: Increasing diversity and making trustee boards more inclusive will produce longer and more difficult discussions — and that is a good thing, according to David Fairs, executive director of regulatory policy, analysis and advice at the Pensions Regulator.

PASA looks to avoid statements season ‘capacity crunch’

News on the go

On the go: The Pensions Administration and Standards Association has published supplemental material on the forthcoming statements season, making a number of recommendations around format and implementation that reflect “considerable concern” in the industry.

Nest and UBS divest from ‘unresponsive’ energy companies

News on the go

On the go: Asset manager UBS has jettisoned “unresponsive” energy companies from its suite of climate-aware funds, including one it manages on behalf of Nest.

GAD lists recommendations for LGPS 2022 valuation

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The Government Actuary’s Department has published its statutory review of the Local Government Pension Scheme, listing a number of recommendations for the imminent 2022 valuations.

New Judicial Pension Scheme progresses despite concerns

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The Ministry of Justice has confirmed it will move forward with the creation of a new pension scheme for judges, despite concerns from some judges and legal associations that it will be less generous than the existing arrangements.

DWP begins engagement over multi-employer CDC schemes

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Pensions minister Guy Opperman has confirmed that preliminary work has begun on the creation of multi-employer collective defined contribution schemes, as the Department for Work and Pensions publishes its response to the consultation on single-employer arrangements.

Fiduciary trumps politics if divesting from ‘illegal Israeli settlements’

Podcasts

Podcast: Richard Butcher, managing director of PTL, and Ian Neale, Aries Insight co-founder, discuss Local Government Pension Schemes’ Israeli investments, defined benefit funding and ageing populations.

Fiduciary trumps politics if divesting from ‘illegal Israeli settlements’

Podcasts

Podcast: Richard Butcher, managing director of PTL, and Ian Neale, Aries Insight co-founder, discuss Local Government Pension Schemes’ Israeli investments, defined benefit funding and ageing populations.