Latest articles from Maria Espadinha

Volume of legislative change is main barrier for admins

News on the go

On the go: Two-thirds of administrators identified the volume of legislative change as one of the main barriers they faced to providing a high-quality service, according to new research.

Bulk annuity deals hit £27.7bn in 2021

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On the go: Buy-in and buyout transactions hit £27.7bn in 2021, with the majority of deals, representing £20.9bn, occurring in the second half of the year, according to new research.

TPR considers regulatory action in Norton Motorcycles case

News on the go

On the go: The Pensions Regulator is considering taking regulatory action against Stuart Garner, former owner of Norton Motorcycles, its chief executive has revealed.

Union takes Bolt to court over pension rights

Ben Stansall/AFP via Getty Images

GMB union is taking ride-hailing service Bolt to court in a bid to grant its drivers employment rights including pensions, while Uber has promised a Sharia-compliant pension fund for its drivers by October.

DB schemes’ surplus increases £55bn in May

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On the go: The aggregate surplus of the 5,215 defined benefit schemes in the Pension Protection Fund 7800 Index increased by £55.4bn in May.

Small pots member exchange trial scuppered by NMPA

Sora Shimazaki/Pexels

A trial being developed by three master trusts to exchange small pots has ground to a halt before it even started, due to the new normal minimum pension age rules, and will only be able to advance if new legislation is introduced.

Opperman supports public sector DB reform

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On the go: Pensions minister Guy Opperman has warned that public sector defined benefit schemes should be reformed, branding the system unsustainable.

ICO in talks with TPR over member communications

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On the go: The Information Commissioner’s Office is engaging with the Pensions Regulator to clarify the current rules involving member communications, as schemes and providers believe existing legislation prevents them from reaching out to these individuals.

Five years on the ‘pensions horse’, is Opperman winning the race?

Maria Espadinha

Pensions Expert editor Maria Espadinha looks at Guy Opperman’s tenure as pensions minister, who will soon hold the accolade of the longest-serving MP in this role, surpassing Sir Steve Webb.

NI Police Pension Scheme breaches cost cap

News on the go

On the go: The Police Pension Scheme for Northern Ireland has breached its cost-control mechanism ceiling as a result of the McCloud remedy, according to data from the Government Actuary’s Department.