Latest articles from Nick Reeve

USS at risk of missing 2020 valuation deadline

University graduates (teaser)

The Universities Superannuation Scheme is at risk of missing the statutory deadline for its 2020 valuation, according to its chief executive, Bill Galvin.

Merseyside to shift to alternatives in further climate push

Getty Images

A significant improvement in its funding level has given Merseyside Pension Fund the opportunity to review its asset allocations in favour of ESG investments.

Market volatility to provide more derisking opportunities this year

News On the Go

On the go: Readiness to execute pension risk transfer deals will be key to derisking strategies this year, according to Willis Towers Watson.

DB transfers falling as advice provision declines

News On the Go

On the go: The number of people transferring out of defined benefit pension schemes fell in the 18 months to the end of March 2020, according to new data from the Financial Conduct Authority.

Kier schemes agree cut to deficit contributions as funding improves

The trustees of construction company Kier Group’s defined benefit pension plans have agreed a new payment schedule, to reduce sponsor contributions as the schemes approach full funding.

Unison presses LGPS schemes to work harder on green transition

Workers’ union Unison has called for local authority pension schemes to back ‘green’ causes with dedicated funds as part of their increasing commitment to climate-aware investing.

Police officers warn of age discrimination in McCloud remedy

The government’s proposed remedy for the McCloud/Sargeant age discrimination cases fails to address the issue in a “fair and non-discriminatory manner”, a group of police officers has warned.

USS member satisfaction at ‘record low’ as contributions rise

UCU strike 2019 teaser

Members of the Universities Superannuation Scheme are growing increasingly dissatisfied with their relationship with the scheme, its latest annual report and accounts show.

Camden grills manager as ESG pressure mounts

The £1.7bn Camden Pension Fund has placed one of its managers under review over concerns that it would not be able to comply with the scheme’s climate risk reporting requirements.

The great inflation robbery: How RPI's end could sting trustees

Great inflation robbery

While Brexit is set to dominate the political agenda again in 2020, for the pensions industry there is another major shift on the horizon that could have a profound impact on funding levels and outcomes for members.