Latest articles from Maria Espadinha

Newspaper group asks for deficit deferment

News On the Go

On the go: Reach, the publisher of the Daily Mirror and Daily Express, has requested discussions with the regulator around a deferment of current deficit recovery contributions.

Debenhams’ trustees working with TPR as retailer eyes administration

News On the Go

On the go: The trustees of the Debenhams pension schemes are working with the Pensions Regulator and the Pension Protection Fund, as the company filed a notice of intention to appoint an administrator on Monday.

How will DC stand up to Covid-19 pandemic?

The Covid-19 emergency is taking its toll on the defined contribution savings space, with master trusts reporting small numbers of employers missing contributions and businesses grappling with the pensions implications of furloughing and redundancies.

TPR urges trustees to work flexibly with administrators

News On the Go

On the go: The Pensions Regulator has updated its Covid-19 guidance for trustees, highlighting that the pandemic “is placing huge pressures on the administration of pension schemes”.

The People’s Pension introduces ‘criticised’ annual charge

The second-largest master trust in the UK is changing its charging structure and introducing an annual fixed fee, a model that other providers operate but which has been heavily criticised by experts.

Smarterly acquires Salvus Master Trust

News On the Go

On the go: Fintech savings provider Smarterly has acquired Salvus Master Trust for an undisclosed sum, the first deal to occur in the sector after the introduction of the authorisation regime.

Govt to fund Railways scheme deficit contributions

News On the Go

On the go: Emergency measures introduced by the government – nationalising the railways – mean that taxpayers will be called to fund the Railways Pension Scheme deficit.

Govt revokes general levy increase

News On the Go

On the go: The government has revoked the new regulations on the general levy, which would see an increase for pension schemes of 10 per cent, due to the Covid-19 crisis.

Arcadia to halt deficit repayment contributions

News On the Go

On the go: Arcadia Group, Philip Green’s retail conglomerate, is planning to defer the deficit recovery contributions agreed with the Pensions Regulator in 2019.

Covid-19: Disruption for DC schemes; social impact woes

While defined contribution trustees are being warned they could be facing more disruption than just investment volatility, institutional investors are calling on companies to mitigate the coronavirus social impact. At the same time, risks of cybersecurity and fraud are on the rise. Read our round-up of pensions and finance news about the coronavirus outbreak.