Latest articles from Maria Espadinha

Small pots member exchange trial scuppered by NMPA

Sora Shimazaki/Pexels

A trial being developed by three master trusts to exchange small pots has ground to a halt before it even started, due to the new normal minimum pension age rules, and will only be able to advance if new legislation is introduced.

Opperman supports public sector DB reform

News on the go

On the go: Pensions minister Guy Opperman has warned that public sector defined benefit schemes should be reformed, branding the system unsustainable.

ICO in talks with TPR over member communications

News on the go

On the go: The Information Commissioner’s Office is engaging with the Pensions Regulator to clarify the current rules involving member communications, as schemes and providers believe existing legislation prevents them from reaching out to these individuals.

Five years on the ‘pensions horse’, is Opperman winning the race?

Maria Espadinha

Pensions Expert editor Maria Espadinha looks at Guy Opperman’s tenure as pensions minister, who will soon hold the accolade of the longest-serving MP in this role, surpassing Sir Steve Webb.

NI Police Pension Scheme breaches cost cap

News on the go

On the go: The Police Pension Scheme for Northern Ireland has breached its cost-control mechanism ceiling as a result of the McCloud remedy, according to data from the Government Actuary’s Department.

Work and Pensions Committee chair Timms receives knighthood

News on the go

On the go: Work and Pensions Committee chair Stephen Timms has received a knighthood in the Queen’s birthday honours.

FTSE 100 schemes see surplus hit £100bn record

News on the go

On the go: Defined benefit schemes sponsored by FTSE 100 companies have seen their surplus on an IAS 19 basis hit a record £100bn in mid-May, according to new analysis.

Charles Counsell to step down from TPR in 2023

News on the go

On the go: Charles Counsell will be stepping down as chief executive of the Pensions Regulator in 2023 as he will not be seeking a second term at the watchdog’s helm.

New British Steel scheme signs second buy-in

News on the go

On the go: The British Steel Pension Scheme II has secured a second buy-in with Legal & General, insuring around 25 per cent of its liabilities.

‘Flurry of activity’ expected in the bulk annuity market

News on the go

On the go: The buy-in and buyout market is expected to have a “flurry of activity” over the next 12 months as defined benefit schemes look to accelerate their derisking plans, according to LCP.