Latest articles from Maria Espadinha

Titanic shipyard scheme enters PPF assessment

News On the Go

On the go: Harland and Wolff Pension Scheme, the Belfast shipyard that built the Titanic, has entered an assessment period at the Pension Protection Fund after the company went into administration.

Opperman promises ‘refined’ Pension Schemes Bill

News On the Go

On the go: The Pension Schemes Bill has been included in the Queen’s Speech delivered on Thursday, with pensions minister Guy Opperman stating it will be a refined version from the previous document.

PPF only needs to hike benefits if member faces poverty risk

The European Court of Justice ruling on the Bauer has been described as a “welcome relief” for the Pension Protection Fund, as the lifeboat will only have to up member benefits if the individual is living below the at-risk-of-poverty threshold.

Large employers to face higher PPF levy in 2021

News On the Go

On the go: The Pension Protection Fund is proposing changes to its levy risk assessment model, which will result in increased charges for larger employers.

Thousands of firefighters to return to pre-2015 pensions

News On the Go

On the go: An employment tribunal ruled on Wednesday that more than 6,000 firefighters are entitled to return to pre-2015 public sector schemes, following similar decisions for other affected civil servant groups.

Nest considers 1.5C target for climate change fund

Data crunch: The government-backed workplace provider Nest is testing ways to adopt a 1.5C goal for its Climate Aware Fund, to better reflect the “quickly evolving nature of climate change risk” and its impact on members’ investments.

DB schemes pursuing riskier investments, TPR warns

News On the Go

On the go: Some defined benefit schemes are are pursuing more risky investment strategies that seek extra returns, which could be damaging in the event of adverse economic shocks, the Pensions Regulator warned.

Electricity Supply scheme completes £805m pensioner buy-in

News On the Go

On the go: The Electricity North West Group of the Electricity Supply Pension Scheme has completed a £805m pensioner buy-in with Scottish Widows.

Recruitment agency fined for avoiding AE duties

News On the Go

On the go: A recruitment agency and its managing director have been ordered to pay £10,890 for avoiding their auto-enrolment duties and misleading the Pensions Regulator by falsely claiming staff had been put into a workplace pension.

Opperman reappointed pensions minister

News On the Go

On the go: Guy Opperman remains as minister for pensions and financial inclusion after being reappointed as MP for Hexham.