Latest articles from Calum Kapoor

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.

A third of firms paying minimum AE believe this is govt recommendation

Toby Melville/Reuters

One in three employers who offer the minimum auto-enrolment contribution of 3 per cent to their staff are doing so as they believe this is the government “recommendation”, new research has revealed.

TPR working on granting pensions to 200,000 gig economy workers

News on the go

On the go: The Pensions Regulator is working to give gig economy workers access to pensions, but “legal complexities and routine challenges from employers” remain a challenge.

PASA calls on schemes to get dashboards data ready

News on the go

On the go: The Pensions Administration Standards Association has issued guidance to help schemes prepare their data for the pensions dashboards, while revealing that many schemes are “not actively managing their data”.

One in 10 pause contributions due to cost of living crisis

News on the go

On the go: Around one in 10 savers have cut back or stopped contributing to their pension as a result of stagnant wages and inflation, according to a new report.

OPSC: fund managers should vote according to client’s expressed view

News on the go

On the go: The Occupational Pensions Stewardship Council has released a report arguing for communication between schemes and fund managers on their voting intentions, and outlining the communication that schemes should undertake to make their requirements known to funds.