Latest articles from Maria Espadinha

Lloyds to cut chief executive pensions allowance

News On the Go

On the go: Lloyds Banking Group is planning to cut the pensions allowance of its chief executive by more than £220,000, while increasing contributions to its staff.

SNP vows to end executive pay pensions gap

News On the Go

On the go: The Scottish National Party will support moves to ensure executive pension contributions are the same as for all workers.

The People’s Pension fee structure changes delayed

News On the Go

On the go: Changes to The People’s Pension charges structure have been delayed after a problem was encountered during testing.

PASA launches guidance for master trust consolidation

News On the Go

On the go: The Pensions Administration Standards Association has launched guidance for master trusts to follow when considering consolidation.

National Grid completes £1.6bn buy-in with Legal & General

News On the Go

On the go: The National Grid UK Pension Scheme has completed a £1.6bn buy-in with Legal & General Assurance Society.

Labour promises £58bn redress to 1950s women

News On the Go

On the go: The Labour party has pledged to compensate women affected by the state pension age hike, with a £58bn commitment.

Ombudsman: DWP failed to explain GMP downgrade to members

The Department for Work and Pensions failed to properly communicate the detrimental impact that ending contracting out had on increases for individuals with a guaranteed minimum pension, the Parliamentary and Health Service Ombudsman has concluded.

Border to Coast launches £5bn global equity fund

News On the Go

On the go: Border to Coast Pensions Partnership has launched a Global Equity Alpha Fund, with assets worth £5bn spread across four asset managers hired in June.

Woodford debacle wipes out £63m from Kent Council Fund

News On the Go

On the go: The Kent County Council Superannuation Fund has seen the value of its holdings in Woodford Investment Management’s flagship fund fall 24 per cent in six months, wiping out £63m.

Dalriada working with replaced trustee to recoup £14m

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Professional trustees charged with rescuing three pension schemes that flouted investment rules say selling out of prohibited assets may thwart their efforts to recoup more than £14m owed to members.