Podcast: Peter Glancy, head of policy development at Scottish Widows, and Helen Morrissey, corporate PR specialist at Royal London, discuss a solution for the administration issues at the NHS Pension Scheme and the idea of using pensions as deposits for first-time buyers.
APPT launches new code of practice for sole trustees
|
October 22, 2020
On the go: The Association of Professional Pension Trustees has set out a code of practice for trustees carrying out sole trustee appointments.
Philip Green 'disliked the Pensions Regulator immensely'
|
October 22, 2020
On the go: Fallen businessman Dominic Chappell told Southwark Crown Court of Philip Green’s intense dislike of the Pensions Regulator, and promises made to plug the deficit of BHS pension schemes.
Regulator unveils superfunds guidance for trustees
|
October 21, 2020
The Pensions Regulator has published new guidance for defined benefit schemes transferring into a commercial consolidation 'superfund', placing the burden of proof on trustees to show that their plan is in members' best interests.
Sustainability and adequacy still dragging UK's pension system
|
October 20, 2020
Data crunch: The UK has fallen one place to 15th in the Mercer CFA Global Pensions Index, despite seeing a marginal improvement in its score, while Covid-19 increases pressure on retirement systems worldwide.
DC contributions too small to allow for sustainable retirements
|
October 13, 2020
Stagnant incomes, rising wealth inherited later in life, and the relative poverty of defined contribution schemes compared with older defined benefit schemes are all factors that threaten the sustainability of retirement income, according to speakers at the Pensions and Lifetime Savings Association’s annual conference.
PPF eyes deteriorating credit ratings among DB sponsors
|
October 9, 2020
Deteriorating defined benefit sponsor health has led to a three-fold increase in the level of liabilities belonging to schemes that could end up in the Pension Protection Fund over the next 18 months.
Charity participants in LGPS face going concern issues
|
October 9, 2020
An Institute of Chartered Accountants of Scotland report laying out guidance for charity trustees on going concern has prompted a second look at their participation in the Local Government Pension Scheme, with experts warning that many could face crippling debt payments as they run out of members.
Small-cap UK active equity funds find some success in H1 2020
|
October 8, 2020
On the go: Just over half of all UK active equity funds have equalled or beaten benchmark returns in the first half of 2020, while 45 per cent trailed behind the S&P UK Broad Market Index.
Govt consultation suggests abandoning GMP conversion
|
October 8, 2020
The Treasury has indicated it may axe guaranteed minimum pension conversion in a new consultation, with experts citing administrative costs as a reason to ditch the idea.