Latest articles from Calum Kapoor

Contributions must double to fund some ‘living pensions’, report finds

News on the go

On the go: Some savers’ pension contributions will need to sit at slightly more than double the current minimum automatic enrolment threshold in order for them to have a “living pension”, according to new research.

BW’s Sara Cook elected president of the Pensions Management Institute

News on the go

On the go: The Pensions Management Institute has appointed Barnett Waddingham principal Sara Cook as its president.

80% of DB schemes to hit long-term funding goals within 9 years

News on the go

On the go: Eighty per cent of defined benefit pension schemes expect to meet their long-term targets within the next nine years, according to new research. 

Evri auto-enrols couriers with Smart Pension

News on the go

On the go: Parcel delivery service Evri has appointed Smart Pension to provide workplace pensions for more than 12,000 “self-employed plus” couriers.

DB sponsor profit warnings jump 70% in first half of 2022

News on the go

On the go: The number of profit warnings issued by UK companies with a defined benefit scheme has increased to 34 in the first half of the year, representing a 70 per cent rise over the same period in 2021. 

Mineworkers’ scheme to align pension increases with RPI

News on the go

On the go: The Mineworkers’ Pension Scheme has announced pension increases aligned with the retail price index for 2022 and 2023, currently running at 11.8 per cent.

Two-fifths of fiduciary managers do not actively influence voting

News on the go

On the go: Forty-two per cent of fiduciary managers do not actively influence the voting activities of underlying assets or managers when looking at environmental, social and governance issues, new research has revealed.

DB goliaths call for AVCs stronger nudge exemption

Fotoware

Seven defined benefit schemes with £217bn in assets have asked for Work and Pensions committee intervention due to concerns regarding ‘stronger nudge’ requirements, which they believe are not fit for purpose.

DWP announces £5mn mid-life MOT expansion

News on the go

On the go: The Department for Work and Pensions has announced a £5mn expansion of the mid-life MOT initiative, but the project is considered to “barely touch the sides” by an industry expert.

Prospective ombudsman to be ‘evolutionary’, not ‘revolutionary’

News on the go

On the go: Prospective Pensions Ombudsman Dominic Harris has said he would look to improve customer satisfaction and the backlog that the ombudsman is currently facing, if appointed to the position.