Latest articles from Maria Espadinha

BT appeal on guaranteed minimum pensions indexation dismissed

News On the Go

On the go: BT will have to extend the full indexation of guaranteed minimum pensions to certain members of its pension scheme affected by a government decision, after having its appeal dismissed.

Pensions Ombudsman to hold hearing against failed trustee

News On the Go

On the go: The Pensions Ombudsman will hold an oral hearing against the trustee and administrator of three pension schemes solely invested in a motorcycle manufacturer, as it has received 30 complaints against these individuals.

TPR fines FCA for pension failures

News On the Go

On the go: The Financial Conduct Authority has been ordered to pay a £2,000 fine by the Pensions Regulator for lack of details in its defined contribution scheme documentation.

Govt to consult on McCloud solution as new members could be worse off

Getty Images

The government has warned that changes ordered by the courts to rectify a landmark discrimination case could make some members worse off.

Four candidates named for Work and Pensions select committee chair

News On the Go

On the go: Debbie Abrahams, Chris Bryant, Stephen Timms and Karen Buck are the Labour MPs that so far have been nominated for the election of the next Work and Pensions select committee chair.

Welsh government left with ‘no option’ but to offer NHS tax solution

News On the Go

On the go: The Welsh government has been left with “no option” but to cover the pension tax bills of senior doctors, mirroring measures introduced in England. The health minister for Wales has branded the situation “totally unacceptable”.

Contractors take advantage of LGPS loophole on exit payments

The pensions industry is still waiting for the government to close a loophole allowing outsourcers to claw back surplus from the Local Government Pension Scheme even when they have not paid into the plan.

LGPS funds warn of fossil fuel divestment impact

News On the Go

On the go: Several of Britain’s top pension funds have warned about the impact of fossil fuel divestment plans, as they would have lost hundreds of millions of pounds had they sold out of oil and gas stocks.

Vegan case flags importance of heeding members

Twitter podcast logo

Podcast: Trustees and employers should consult members on their beliefs, and incorporate the investment views of the majority in their pension default fund, according to Romi Savova, chief executive at PensionBee, and David Brooks, technical director at Broadstone. The experts discuss the impacts of a landmark ruling finding that veganism is a philosophical belief, alongside other topics, in this week’s podcast.

Smaller-sized bulk annuity deals to increase in 2020

News On the Go

On the go: Fewer multibillion bulk annuity deals are expected in 2020, although the number of smaller transactions is set to increase, according to research from Willis Towers Watson.