Latest articles from Ian Smith

Five tips for any new pension scheme trustee

Any other business: The governance burden on pension fund trustees becomes heavier by the day, making it difficult to believe why anyone would be such a glutton for punishment as to take on the role. Here are five tips for the brave new trustee. 

IMA: Schemes must bear overall charges cap compliance burden

Jonathan Lipkin

Video: Jonathan Lipkin, director of public policy at the Investment Management Association, says that it is not up to investment managers to take the overall responsibility for ensuring charges are below the 0.75 per cent cap effective from April (5:48).

Editorial: Turn the dial?

Turn the dial?

I should start off by agreeing entirely with Barnett Waddingham’s Damian Stancombe that the vast majority of breath spent on defined contribution pensions should not be expended discussing investment, but on encouraging savers to pay more in.

Schemes face dilemma on annuity brokering services ahead of April

Employers that have put in place annuity brokering services for their defined contribution scheme members have been called upon to rip up or review these set-ups to make sure they are giving savers an adequate view of the market.

Just one AE member per micro employer, ACA projects

Three-quarters of a million micro employers could end up with an average of only one member of staff each in their pension scheme as a result of auto-enrolment, fuelling the debate over eligibility.

Editorial: On the boil

On the boil...

At this year’s National Association of Pension Funds’ conference, two themes predominated. One was relief, and even self-satisfaction, at the success of auto-enrolment. The other was widespread anxiety ahead of the April deadline for the new defined contribution flexibilities.

Editorial: In the republic of mediocrity

What should schemes make of the International Monetary Fund’s managing director Christine Lagarde’s proclamation of the “new mediocre” global economy?

'Education', salesmanship, and how to find the real deal

Any other business: The oft-repeated phrase a journalist hears from an asset manager trying, often unsuccessfully, to garner support for a new product launch is, 'It's all about education'.

Civil service scheme's online relaunch triggers engagement surge

The Civil Service Pension Scheme has seen a huge spike in engagement from its 1.5m members after a website relaunch and major communication campaign multiplied users of its online services.

Editorial: Don't spend it all at once

Don't spend it all at once

The debate rumbles on. Will the annuity make the best comeback since Lazarus? What should we make of this grand shove into drawdown?