Latest articles from Maria Espadinha

TPR warns trustees ‘can’t duck’ from climate change

On the go: As new reporting requirements on environmental, social and governance considerations come into force, the Pensions Regulator has warned trustees to build capacity in this area as climate change is a fundamental consideration for schemes.

Should ‘too-big-to-fail’ schemes be nationalised?

Analysis: The current pandemic-led economic crisis, coupled with the fact that some of the biggest defined benefit schemes are sponsored by quasi-governmental institutions, has led to suggestions that the government should nationalise these pension funds.

PPF sets levy at £520m for 2021-22

On the go: The Pension Protection Fund has set its levy at £520m for 2021-22, which is £100m lower than the previous year.

TPR investigates DRC holiday abuse

On the go: The Pensions Regulator is investigating a number of companies’ pension schemes for allegedly taking advantage of a relaxation in the deficit repayment contribution rules due to the pandemic.

New job support scheme risks increasing AE confusion

On the go: The new job support scheme announced by the government on Thursday will increase the risk of employers miscalculating pension contributions for employees, a law firm has warned.

Smiths Group completes £142m buy-in with Aviva

On the go: Smiths Group, an industrial technology company, has completed a £142m buy-in transaction with Aviva for the TI Group Pension Scheme.

Border to Coast appoints multi-asset credit managers

On the go: Border to Coast Pensions Partnership has appointed four specialist managers for its multi-asset credit fund, which will have assets worth £2.7bn.

DWP launches working group to tackle small pots problem

On the go: The Department for Work and Pensions has launched a working group in collaboration with industry to propose solutions to the challenges posed by small pots.

Govt consults on auto-enrolment tests for DB and hybrid schemes

On the go: The Department for Work and Pensions is questioning whether the current alternative tests used by defined benefit and hybrid schemes for auto-enrolment suitability are fit for purpose.

DB pension scheme at centre of bidding war for G4S

On the go: A private equity firm, which saw its £3bn takeover proposal rejected by G4S, has complained that it is not being granted access to the security services company’s defined benefit scheme trustees.