Latest articles from Maria Espadinha

Fujitsu pension scheme completes £7.7m buy-in with Aviva

News on the go

On the go: The Fujitsu General (UK) Co Limited Pension and Life Assurance Plan has completed a £7.7m full buy-in with Aviva.

Private sector auto-enrolment participation stalls in 2020

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On the go: The number of private sector workers auto-enrolled into a pension scheme has decreased by 1 per cent for the first time since the introduction of auto-enrolment, despite opting out figures remaining stable during lockdown, new data has shown.

PPF grants levy payment window for schemes impacted by Covid-19

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On the go: Defined benefit pension schemes impacted by the pandemic will be granted a 90-day payment window to pay their Pension Protection Fund 2021-22 levy bill.

Children’s car seat manufacturer completes £30m triple buy-in

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On the go: Britax Childcare Group has completed a triple buy-in for its three defined benefit schemes worth £30m with Just Group.

New regulatory rules could put UK dividend recovery at risk

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On the go: The pace of dividend recovery for UK companies could be put at risk due to new pension regulatory rules coming into force on October 1, LCP has warned.

Majority of climate-themed funds are misaligned with Paris goals

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More than half of climate-themed funds in the market are misaligned with the goals of the Paris Agreement, with State Street Corporation, UBS Group and BlackRock having the highest negative scores, new research has shown.

Teachers’ Pension Scheme seeks new admin

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On the go: The Department for Education has launched a tender for administration services for the Teachers’ Pension Scheme, as Capita’s contract is due to end in 2025.

Morrisons’ takeover will ‘materially weaken’ sponsor covenant

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On the go: The trustees of Morrissons’ defined benefit schemes have warned that both takeover offers for the British retailer will “materially weaken” the sponsors’ covenant.

Knowledge is power

Maria Espadinha

Editorial: As demands for trustees and pension professionals to increase their career development ramp up, Pensions Expert is introducing new CPD articles with content accredited by the Pensions Management Institute.

KPMG fined £13m for ‘dumping’ Silentnight scheme into PPF

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On the go: KPMG has received a £13m fine over serious misconduct in its role in the sale of bed manufacturer Silentnight, which lead to the company’s insolvency and its pension scheme having to be absorbed by the Pension Protection Fund.