Latest articles from Emma Powell

Consultants expect DC flexibility to drive DB member transfers

Defined benefit schemes could see a short-term increase in requests from members to switch their benefits into defined contribution schemes, due to potential government plans to restrict such transfers, benefit consultants have predicted.

The Review: How pot-follows-member could work in practice

PE Review – Mushens and Markham

Video: Jeffrey Mushens, technical director at Tisa Exchange and James Markham, managing director of SBC Systems, talk about how technology can help schemes implement pensions consolidation, with both favouring a structure that places the burden on the receiving scheme (5:36).

Charge cap consultation ramps up governance, weakens employers

News analysis: Defined contribution scheme representatives will see governance responsibilities increase after the pensions minister announces further reforms to ensure members get value – with a backdrop of industry debate on the charges cap.

SME achieves almost zero opt-outs after enrolling early

Chartered surveyor Dalcour Maclaren has secured a virtually entire take-up of its defined contribution plan since it auto-enrolled its small workforce last year, and now the company is looking to streamline administration of the scheme.

Greater intermediary fee transparency needed to assess value, experts urge

News analysis: Investment management and consultant fees need to be more transparent to allow schemes to more accurately measure whether they are getting value for money, industry figures have said.

Mineworkers scheme extends cash buffer to battle rising longevity

Mineworkers scheme extends cash buffer to battle rising longevity

The Mineworkers Pension Scheme has secured a 10-year extension to the repayment deadline of its government-backed investment reserve, as it works to manage increased longevity among scheme members.

Schemes delay mergers over tax risk concerns

Schemes are thinking twice about undertaking bulk transfers of benefits to avoid the risk of passing on individual tax charges to members as they await final official rules.

Strathclyde rebalances bond portfolio in drive for greater returns

Strathclyde (iStock) TEASER

Strathclyde Pension Fund has decreased its allocation to corporate bonds in favour of a wider absolute return bond strategy, to rebalance its portfolio as spreads tighten.

Fair deal fog leads to pricing concerns for employers

Private sector employers bidding for central government contracts are facing difficulties building pension strategies into their costs due to uncertainties surrounding contribution rates and exit payments in the new fair deal guidance.

How to build your risk committee

As more defined benefit schemes follow a derisking plan towards their end point, monitoring and managing risk grows ever more important.