Latest articles from James Redgrave

Small pots decision delayed

Houses of Parliament 20.02.12

The government has pushed back its response to December’s small pots consultation following pressure from the insurance industry, while privately admitting its original timetable was ambitious.

First LGPS buy-in completed

West Midlands PF HQ (Wolverhampton)

A local authority-administered fund has conducted a £270m buy-in of pensioner liabilities, the first time such a deal has taken place.

LGPS admin merger shelved ahead of reforms

UK map counties (admin)2

Much-hyped plans to merge various local authority pension functions in London face being stymied by government reforms.

Insurers accused of deliberate AMD malpractice

One of the UK’s largest insurers has been accused of offering an “extremely inadequate” explanation of active member discounts (AMDs) in its standard correspondence.

Court ruling gives Box Clever trustees power to seek FSDs

ITV HQ

Trustees pursuing insolvent sponsors for scheme cash can follow up Financial Support Directions without the Pensions Regulator, a senior judge has ruled.

Billions kept from creditors over FSD fears

Administrators are refusing to pay out billions of pounds to creditors of insolvent firms over fears retrospective action from the Pensions Regulator could target them personally.

JPMorgan to import DC model from US

JPMorgan Asset Management (JPMAM) is creating a separate defined contribution division within its institutional business in the UK.

Government to admit exorbitant cost of auto-enrolment

Houses of Parliament 20.02.12

The government is poised to publish a significantly increased estimate of the cost of auto-enrolment.

BA to reopen final salary scheme

BA plane

A number of British Airways (BA) staff have received a boost from admission into a defined benefit scheme, as part of the company’s auto-enrolment strategy.

BUDGET 2012: review needed to attract scheme infrastructure investment

railway tracks

Business leaders will publish recommendations for the government and pensions bodies for bringing small and medium-sized enterprises (SMEs) into planned scheme infrastructure investment ventures.