Latest articles from Maria Espadinha

Regulator updates pension transfer guidance for trustees

News On the Go

On the go: Defined benefit trustees will need to contact financial advice firms to check if the adviser listed on members’ transfer documents is employed with them, new guidance from the Pensions Regulator stipulates.

LGPS pension bill to rise 1% with McCloud case

Fears that a legal case over discriminatory pensions could dent the funding of the Local Government Pension Scheme have been partially allayed, after preparations for the plan’s valuation found that liability increases will be limited.

Nursery director admits to avoiding paying pensions to staff

News On the Go

On the go: A pre-school nursery and its main director have pleaded guilty in court to attempting to avoid providing their staff with a workplace pension.

Nest diversifies with global corporate bond mandate

News On the Go

On the go: Master trust Nest has appointed Wells Fargo Asset Management to manage a global corporate bond mandate.

Actuaries call for legislation on DB schemes simplification

News On the Go

On the go: The Association of Consulting Actuaries is calling for the next government to bring legislation to facilitate the wider simplification of defined benefit schemes, as part of its manifesto for the December elections.

SSE further de-risks with £750m buy-in with PIC

News On the Go

On the go: The Scottish Hydro-Electric Pension Scheme – sponsored by Scottish and Southern Energy – has converted a longevity swap into a £750m buy-in contract with the Pension Insurance Corporation.

Scheme goes to court to avoid £10m rules drafting mistake

An orthotics and prosthetics manufacturer has been forced to go to court to amend a word in pension scheme rules drafted 20 years ago, which if left unchanged would have cost the plan £10m.

Master trusts cut prices to reach new authorisation targets

On the go: Master trusts are cutting prices by as much as 20 per cent to build up new business following authorisation from the Pensions Regulator, a consultancy firm has flagged.

Govt agrees to pension guarantees for mineworkers

News On the Go

On the go: The government has agreed to guarantee members of the Mineworkers’ Pension Scheme an annual increase in line with the retail price index, even if there is a deficit in the pension fund.

New govt urged to find solutions for self-employed

News On the Go

On the go: The Association of Independent Professionals and the Self-Employed has called on the new government to update the long-term savings environment to better provide for entrepreneurs.