Latest articles from Oliver Telling

Carlsberg DB scheme to be absorbed into newly formed brewery

News On the Go

On the go: Carlsberg will remain the sole sponsor of its UK defined benefit pension scheme after it is absorbed into a joint venture with fellow beer producer Marston’s.

Widening spread on buyouts makes self-sufficiency harder to justify

Data crunch: An already booming market for pensions insurance has received a two-pronged boost from the coronavirus pandemic: the turmoil rippling through the economy is providing schemes with the best ever pricing for buy-in deals, just as the demand for shedding investment risk is at its greatest.

Co-op scheme completes £350m buy-in with Aviva

News On the Go

On the go: The Co-operative Pension Scheme has completed a £350m buy-in with Aviva, taking its total transactions this year beyond £2bn, as defined benefit schemes look to capitalise on cheaper deals amid the coronavirus pandemic.

Mounting Covid-19 death toll a bitter reprieve for pension schemes

Analysis: As the country anxiously tracks the accumulating death toll from Covid-19, pension trustees will eventually be forced to do a more perverse calculation: how much will the mounting fatalities reduce their funding deficits?

Ombudsman sides with Aegon on transfer to 'bogus' pension scheme

News On the Go

On the go: The Pensions Ombudsman has ruled that Aegon did not fail in its duty of care when allowing a member to transfer his savings to a “bogus employer”, once again emphasising that trustees are not responsible for certain historic cases of fraud.

Does lockdown shift leave pensions exposed to cyber crime?

Cyber crime

Analysis: Cyber criminals are now targeting the savings and personal information of thousands of retirees and pension members with unparalleled aggression, experts have warned, as a sector that has historically lagged on digital security is forced to adapt to new technology during lockdown.

Supreme Court lifts ban on political investments by local council pensions

News On the Go

On the go: Local council pension schemes can now invest against the government’s foreign policy, after the Supreme Court ruled a ban on politically motivated boycotts was unlawful.

RPI inflation court ruling could cost defence company millions

News On the Go

On the go: The High Court ruled against an attempt by a UK defence company to change the way it calculates final salary pension increases last week, the latest decision in a string of debates that have put millions of pounds in payments to retirees at stake.

Pensions for cash at age 35? Covid-19 scams lure distressed savers

News On the Go

On the go: Anxious savers are trying to cash in their pensions more than 20 years before they are allowed to do so, as they fall victim to online scammers exploiting financial distress amid the coronavirus pandemic.