Latest articles from James Redgrave

TUC backs SDR formula to Hutton

Unions will fiercely defend government calculations of future public sector pension benefit payments, in their submission to John Hutton

Schemes may be prevented from paying sponsors

An unnoticed flaw in the pensions act could see schemes in surplus hamstrung from bailing out sponsors on the brink of insolvency.

Regulator rapped over Lehman FSD response

The Pensions Regulator was remiss in giving Lehman subsidiaries just four months to make a case against a Financial Service Direction (FSD), lawyers have warned.

Fund fees set to increase post Walker

Implementing the Walker stewardship code on corporate governance will drive up fund management fees for schemes.

Oil firms pushed to improve governance

Just 11% of Shell investors rejected the company’s controversial oil  sands project, as lawyers urged schemes to take oil firm corporate  governance more seriously.

Friends to rebrand after Axa deal

Resolution’s acquisition of Axa’s corporate pensions business will give the insurer scale to help capitalise on auto-enrolment.

Review finds GPP sales must be brought in line to protect employers

Parity in remuneration rules for private and workplace pensions is important to stop advisers inventing products for commission, the Financial Services Authority (FSA) has warned.

Small schemes find longevity possibility

The first pension scheme longevity swap based on national, rather than scheme specific, life expectancy figures will complete in the next few weeks.

BP may see further growth fallout

BP was dealt a further blow this week when doubt was cast on its growth projections for the next 20 years.

Schemes urged to sell swaps to fund derisking

Nearly a quarter of the FTSE 100 has been targeted by investment banks trying to fast-track through longevity swaps in recent months.