Latest articles from Benjamin Mercer

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

Podcasts

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

Fotoware

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'

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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.

High Court spares council £6.5m in LGPS exit credit ruling

Fotoware

The High Court has found in favour of a county council in a battle with a contractor over £6.5m in exit credits, a ruling legal experts say provides much-needed clarity over regulations that have given rise to several legal disputes.

Weekly Roundup: The pension of Dr Moreau

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This week – a change to what is considered excessive in NHS pay, BlackRock takes over British Airways' pension schemes, a surprisingly controversial review of TfL pensions, and the importance of trustees' understanding of liquidity risks.

BA signs 'first of its kind' £21bn deal with BlackRock

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The trustees of the British Airways pension schemes have signed a deal with BlackRock that places the investment management company in charge of more than £21bn worth of assets.

Govt fixes NHS scheme rules to avoid hefty retirement bills

Neil Hall/Reuters

The government is to amend regulations to the NHS Pension Scheme that has seen hundreds of employers, including GPs, hit with charges for staff members who are in the last three years prior to retirement, which could amount to hundreds of thousands of pounds.