Latest articles from Pensions Expert

Huge gulf in UK workplace pension provision by sector

News On the Go

On the go: Pension provision and employer contributions vary wildly across UK employment sectors, with the financial services at the top and agriculture, forestry and fishing propping up the bottom of the tables.

FTSE 350 deficit up to £51bn as political and financial turmoil ahead

On the go: FTSE 350 companies saw their pension deficit grow in July, from £48bn at the end of June to £51bn by the end of July, a £3bn increase. Funding levels were unchanged over the month at 94 per cent, according to Mercer.

The future of trusteeship

Twitter podcast logo

Podcast: Is there a big difference in governance standards between boards with a professional trustee and boards without? Should lay trustees have to demonstrate how they have acquired a minimum level of knowledge and understanding? And what can be done to increase diversity on boards? In this episode, Laura Andrikopoulos, head of governance consulting at Hymans Robertson, discusses some of the Pensions Regulator's 'Future of trusteeship and governance' consultation proposals, and what impact they might have on the industry.

What the firefighters' and judges' case means for pensions policy

Twitter podcast logo

Podcast: The government was recently denied leave to appeal a Court of Appeal ruling that pension changes discriminated against younger firefighters and judges. What does this mean for government policy regarding public sector pensions? And how could the issue spill over into private sector pensions? In this episode, Rosalind Connor, partner at Arc Pensions Law, discusses the far-reaching implications of this landmark case.

Global Pensions Wrap: June 29 edition

Pesioners

A round up of the big global pensions and investment stories covered around the FT this week – from Aussie superfunds flouting fee disclosure rules, to rising fears over the health of US public pension plans.

Putting a stop to unsuitable defined benefit transfer advice

Twitter podcast logo

Podcast: The Financial Conduct Authority recently expressed concern that too much of the defined benefit transfer advice it has seen to date is still not of an acceptable standard. In this podcast, Tom Selby, senior analyst at AJ Bell, and Bob Scott, senior partner at LCP, talk about the impact of increased regulatory scrutiny of transfer advice, the need for DB flexibility, and how schemes and employers can help members by appointing a dedicated independent financial adviser to their scheme. 

How will investment pathways help consumers?

Twitter podcast logo

Podcast: In January, the Financial Conduct Authority launched its consultation on investment pathways and other proposed changes to its rules and guidance. The consultation closed in April and the watchdog plans to publish its final rules and guidance in July. In this podcast, Jonathan Parker, director of DC and financial well-being consulting at Redington, discusses how investment pathways will help savers make more appropriate choices, and explains why smaller providers should not be exempt from the proposed regulations.

Are you doing enough to engage scheme members?

Twitter podcast logo

Podcast: While technology is helping improve pensions communications across the industry, several challenges remain. In this PE podcast, Shola Salako, trustee representative at Dalriada Trustees, and Rhys Williams, strategy director at communications consultancy Quietroom, discuss the different ways in which schemes and providers can engage with members, and where they might be going wrong.

Global Pensions Wrap: June 1 edition

Budweiser bottles

A round-up of the pensions and investment news stories developing around the world this week, from KLP’s decision to sell out of ‘sin stocks’ to a move by two major pensions to intervene in an "absurd" lawsuit.

Global Pensions Wrap: May 25 edition

Taiwan flag

A round-up of the global pensions industry stories published across the FT Group – from a Taiwan fund boosting its absolute return exposure, to an ex-fire chief’s 15-year sentence for a $10m (£7.9m) Ponzi scam.