Latest articles from Sarah Cowburn

The Weekly Wrap: October 3 edition

George Osborne, 2014 Tory Conference

A round-up of pensions and investment stories published across the FT Group – from annuity providers facing further pressure after George Osborne's 'death tax' announcement, to schemes calling for more diversified real asset funds for inflation protection. 

 

Plus the week in numbers:

  • HSBC has transferred £1.8bn of pension assets to Fidelity
  • bfinance found active managers have outperformed benchmarks by 0.3% a year 
  • Partnership's shares have fallen 8% after pension death tax announcement 

 

Most read on pensions-expert.com

Budget flexibilities fail to spur DB transfer interest
With ALM gizmos, are we seeing the gamification of pensions data?
How scrapping 55% 'death tax' could affect your DB scheme
Five reasons to improve your scheme data quality
Nationwide builds inflation hedge, ups matching assets to derisk

 

And this week's social media comment looks at one scheme's reaction to a star fund managers leaving asset management firms. 

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What the ONS data tell us about contribution habits

Official data have shown employers with between 1,000 and 4,999 employees on average contribute more to their defined contribution schemes than their larger and smaller counterparts, as industry experts call for increased contributions.

The Weekly Wrap: September 26 edition

Chile flag (Getty)

A round-up of pensions and investment stories published across the FT Group – from Pimco making inroads in Chile's pensions market, to schemes calling for more low-cost smart beta strategies.

 

 

Plus this week in numbers:

  • MP pension scheme has a 55/45 active/passive split
  • Annuity market could decrease by 70%-90%
  • Investors are adding 20% to reported pension liabilities of listed companies

 

Most read on pensions-expert.com

How devolution could affect your scheme
The Pensions Trust to open doors to private sector DB as employers outsource
Consultants call for more flexible DC retirement products
Justifying the fees: How to get value out of your lawyers
USS weighs in on active v passive debate 

 

And the social media comment of the week looks at The Pensions Trust's decision to open its doors to small and medium-sized businesses. 

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The Weekly Wrap: September 19 edition

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A round-up of pensions and investment stories published across the FT Group – from Scotland voting to remain part of the UK, to schemes' mixed views on the value of hedge funds.

 

 

Plus the week in numbers: 

  • Calpers has decided to fully disinvest its $4bn hedge funds holding
  • LPFA has criticised the hedge fund industry's '2 and 20' fee structure
  • European banks borrowed €82.6bn in the first round of the ECB's refinancing programme

 

Most read on pensions-expert.com

How to deal with renegade trustees at your scheme
Channel 4 looks to shut off DB accrual to quell deficit increase
Regulator: the AE capacity crunch has not materialised
Tesco chooses cash flow matching over strategic asset allocation
Three in four DB schemes sizing up post-Budget incentive exercises

 

This week's social media comment questions the Pensions Regulator's claim that the auto-enrolment capacity crunch hasn't materialised. 

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Industry looks for answers for low earners missed by AE

Industry experts have zeroed in on auto-enrolment eligibility and the ‘soft compulsion’ of the government’s workplace pensions reform as areas that could be improved to help close the retirement savings gap.

The Weekly Wrap: September 12 edition

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A round-up of pensions and investment stories published across the FT Group – from institutional investors forging pathways into sustainable agriculture, to asset managers and banks putting contingency plans in place in the event of a Yes vote in Scotland. 

 

Plus the week in numbers:

  • Calpers is reportedly cutting its hedge fund allocation to $2.5bn (£1.5bn)
  • 22 large companies could face collective accounting deficits if Scotland separates
  • UK invested a combined £257m in farmland in August

 

Most read on pensions-expert.com

The Pensions Trust takes names off ballot to reduce bias
What you need to know from the pension schemes bill second reading
Break up or make up? How to handle a split with your advisers
Webb: My pension schemes bill is focused on the saver's experience
Altmann: Eight building blocks of the guidance guarantee

 

This week's social media comment looks at pension minister Steve Webb's plans for collective defined contribution.

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The Weekly Wrap: September 5 edition

Mario Draghi (Getty)

A round-up of pensions and investment stories published across the FT Group – from the European Central Bank again cutting rates, to the Financial Reporting Council issuing a record-breaking fine for pension scheme advice.  

 

Plus the week in numbers:

  • ECB cuts refinancing rate to 0.05%
  • Mazars was fined almost £2m by FRC for inappropriate advice to a pension scheme
  • European institutional investors awarded 19 SRI mandates in Q2

 

Most read on pensions-expert.com

Altmann: Eight building blocks of the guidance guarantee
Tax changes: how they affect scheme rules
Why longevity swaps and LDI are losing out in current market conditions
Diageo tips into matching assets after hitting trigger
Does your trustee board have a women problem?

 

And this week's social media comment looks at this week's second reading of the pensions bill in the house of commons. 

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DB steals limelight in 75% of hybrid scheme trustee meetings

Three-quarters of hybrid scheme trustees spend more time on their defined benefit offerings than defined contribution, sparking concerns that they are failing to respond to the shift to DC.

The Weekly Wrap: August 15 edition

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A round-up of pensions and investment stories published across the FT Group – from proposed accounting changes dealing a hefty blow to company balance sheets, to punishing exit fees for savers in older schemes.

DB-to-DC transfers forecast to impact on derisking strategies

Investment experts have predicted liability-driven investment programmes could become more tricky since the chancellor gave the green light to transfers from defined benefit to defined contribution, with schemes finding it more difficult to predict liabilities.