Latest articles from Maria Espadinha

First dashboards service provider launches

News on the go

On the go: Altus and ITM have joined forces to launch the first commercial pensions dashboards integrated service provider, which will provide technology to connect savers to their pensions.

DWP proposes fraud compensation levy increase for all pension schemes

DWP

The Department for Work and Pensions is consulting on changes to the fraud compensation levy, which will see pension schemes pay more than double the current fee as pension scam claims rise.

Asset managers commit $4.2tn to net-zero target

News on the go

On the go: Signatories of the Net Zero Asset Managers initiative have 35 per cent of their total assets managed in line with achieving net zero by 2050, according to an interim report.

Budget 2021: Public sector members to get McCloud tax exemption

News on the go

On the go: HM Revenue & Customs announced on Wednesday a series of measures to ensure public sector scheme members will not have to pay extra tax if they receive an uplift in their benefits due to the McCloud remedy.

Schroders to acquire River and Mercantile’s FM business

News on the go

On the go: Schroders has announced its intention to acquire River and Mercantile Group’s UK solutions division, consisting of its fiduciary management and derivatives businesses, for £230m.

Almost a quarter of trustees unsure of endgame strategy

News on the go

On the go: There are still doubts among trustees about their defined benefit schemes’ long-term strategy, as almost a quarter of these professionals (23.9 per cent) are unsure of their endgame strategy, a survey has revealed.

PPF to appoint specialist panel to assist with overfunded schemes

News on the go

On the go: The Pension Protection Fund is looking to appoint four new specialist companies to provide transaction advice to schemes in assessment that are overfunded on a PPF basis.

DWS Group acquires minority stake in Smart

News on the go

On the go: Asset manager DWS Group has acquired a minority stake in Smart, the platform provider behind master trust Smart Pension.

Teachers’ Pension Scheme pays £21m to Capita for McCloud admin

News on the go

On the go: The Teachers’ Pension Scheme has awarded a £20.6m extension to Capita’s current third-party administration contract to deal with the implementation of the McCloud remedy.

TPR urges schemes to get GMP equalisation done

News on the go

On the go: The Pensions Regulator is urging schemes to engage with their administrators and complete guaranteed minimum pensions equalisation, as there is a sense of urgency for older members.