Latest articles from Emma Powell

How your scheme could benefit from the Arcadia CPI judgment

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Employers have been encouraged to assess whether they can switch from the retail prices index to the consumer price index to reduce their liabilities, after a High Court ruling last week.

Newly defined money purchase plans wake up to actuarial and comms obligations

Trustees and employers offering money purchase benefits may face increased member communication and valuation requirements as a result of the government’s new statutory definition.

Vodafone scheme completes CWW merger with £325m employer payment

Vodafone (Getty)

Vodafone has contributed £325m to its defined benefit scheme as it completes the transfer of the Cable & Wireless Worldwide Retirement Plan, after purchasing the rival telecoms company in 2012.

NESPF beefs up governance to prep for Scottish LGPS reform

North East Scotland Pension Fund plans to establish a dedicated governance team – incorporating communication responsibilities – to deal with the increased workload produced by local government pension scheme reforms. 

Civil service employers face increased contributions after discount rate cut

Participating employers of the Principal Civil Service Pension Scheme will face an increase in their pension costs, due to a reduced discount rate, following government efforts to control public spending.

Avoiding a talking shop: how to get more out of your trustee meeting

Any other business: Economist and diplomat John Galbraith once said: “Meetings are indispensable when you don’t want to do anything.” But with fiduciary duty weighing heavily on trustees, board meetings must be a forum for effective decision-making.

Imperial Tobacco ups employer contributions after funding drop

Imperial Tobacco has increased contributions to its UK defined benefit scheme to boost its winding-up funding level, which has dropped by 12 percentage points, according to its latest valuation.

Barking and Dagenham plans social housing investment to hedge inflation

The London Borough of Barking and Dagenham Pension Fund plans to invest around £25m in social housing in order to hedge against inflation and diversify away from traditional assets.

Local government schemes reject forced passive CIV proposals

Local authority schemes have rejected government proposals to mandate pooling assets into a passively managed common investment vehicle, but did see benefits in other suggestions put forward.

EE closes scheme to future accrual on affordability concerns

Telecoms company EE has closed the defined benefit section of its scheme to future accrual in order to equalise benefits offered to members in a structure which will be more sustainable for the company.