Latest articles from Maria Espadinha

Xylem completes £255m bulk annuity deal

On the go: Trustees of the Xylem UK Pension Plan have completed a £255m buy-in with Rothesay Life.

Mortality rates see highest reduction since 2011

On the go: Mortality rates in England and Wales were on average 3.8 per cent lower in 2019 than in 2018, which is the largest annual fall in mortality rates since 2011, new data showed.

Local authorities to have ‘absolute discretion’ on LGPS exit credits

On the go: Local authorities will have “absolute discretion” in determining the amount of any exit credit payment due to employers in the Local Government Pension Scheme, the government has said.

New criminal sanctions not meant to disrupt businesses, Govt claims

The government has guaranteed that new criminal sanctions introduced in the pensions schemes bill are not intended to disrupt legitimate corporate activity, but has refused to revise “widely” worded powers to go after those linked to defined benefit schemes.

Life expectancy in England stalling since 2010

On the go: Life expectancy in England is stalling for the first time in at least 120 years, a new report has concluded.

Maps to survey schemes on dashboard challenges

On the go: The Money and Pensions Service has commissioned qualitative research to understand the challenges pension schemes face with providing data for the pensions dashboards.

DWP: Government will not dictate schemes’ ESG investments

The government insists it is not intervening in pension scheme investment strategies with a climate change amendment to the pension schemes bill introduced earlier this month.

Nest joins campaign for Barclays fossil fuel divestment

On the go: Master trust Nest has joined a group of institutional investors urging Barclays to publish a plan to gradually phase out its financing of fossil fuel companies.

Prospect joins calls for public pensions benefits top-ups

On the go: Prospect is the latest union to join calls urging the government to deliver on promised benefit top-ups to public-sector schemes, which were paused due to a discrimination court case.

Contractor takes local authority to court over LGPS exit payment

A Manchester-based waste management company has brought a claim to the High Court against Tameside Metropolitan Borough Council over an alleged £13m exit credit due from the Local Government Pension Scheme.