Latest articles from Maria Espadinha

Master trusts to pave the way for dashboards integration in 2023

Source: Bloomberg

Master trusts and pension providers regulated by the Financial Conduct Authority will be the first schemes to provide data for the pensions dashboards in 2023, according to a new call for input published on Thursday.

Engineering consultancy moves DC scheme to LifeSight

News on the go

On the go: The Ricardo International Pension Scheme, with 2.500 members and £125m in assets, has been moved into the LifeSight master trust.

FCA proposes new illiquid fund structure for DC schemes

News on the go

On the go: The Financial Conduct Authority is proposing a new category of fund that will allow defined contribution schemes to invest in illiquid assets.

TPR takes trustees to court over employer loans

News on the go

On the go: The Pensions Regulator is taking two pension trustees to court over allegations they made prohibited loans from a company pension scheme to its employer.

Pandemic could have modest impact on mortality rates

News on the go

On the go: If Covid-19 is confined to the two waves already registered, and the vaccination rollout programme is successful, the pandemic’s effect on mortality rates is likely to be marginal, new research from LCP has revealed.

TPR to beef up schemes’ climate change disclosure demands

Fotoware

The Pensions Regulator will demand that trustees add more climate change information to their scheme returns, and has promised enforcement action where pension funds do not comply with basic requirements.

Schemes to pay maximum fraud compensation levy

On the go: The Pension Protection Fund has announced it will raise the fraud compensation levy to the maximum allowed by law as the number of claims rise.

Over half of DB-listed sponsors at risk claimed pandemic support

More than half of defined benefit-listed sponsors that are currently at high risk of insolvency made a claim for government support in December, and could face uncertainty when this lifeline comes to an end, according to analysis from EY.

Pandemic dampens DC membership growth in 2020

On the go: The increase in defined contribution members slowed to 11 per cent in 2020 as a result of the pandemic, compared with 17 per cent in the previous year, according to data from the Pensions Regulator.

HMRC sets final GMP reconciliation deadline

On the go: HM Revenue & Customs has set July 31 as the final deadline for defined benefit schemes to request their final guaranteed minimum pensions reconciliation data cuts.