Latest articles from Sophia Imeson

IMI derisks with buy-in and Pie

Specialist engineering company IMI has completed a pension increase exchange exercise and a buy-in, as trustees become more comfortable with liability management measures. 

The Weekly Wrap: June 2 edition

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A round-up of the pensions news published across the FT Group in the past week, from providing defined benefit transfer advice, to Australian funds opposing company director re-elections in a bid to improve diversity.

FCA final rule changes unlikely to help, experts say

Bloomberg

The Financial Conduct Authority has published its final rules requiring firms to provide an information prompt to consumers to improve shopping around in the annuity market, setting out a number of changes including an enhanced annuity warning.

Ideas from overseas can up engagement, report finds

The Pensions Policy Institute has published a report looking at consumer engagement with pensions and financial products across the world, highlighting numerous lessons the UK can learn from overseas.

Is there a risk of crowding in smart beta?

Is there a risk of factor‑based portfolios becoming crowded, with increasing popularity potentially leading to overpricing and lower future returns? Eric Shirbini from ERI Scentific Beta, Julien Barral from bfinance, Alan Pickering from Bestrustees, James Price from Willis Towers Watson and Paul Black from Capital Cranfield debate whether crowding really is an issue within smart beta.

HP sets up trustee company in simplification push

Bloomberg

The Hewlett Packard Limited Retirement Benefits Plan has changed the structure of its trustee board to a trustee company, in a move to simplify processes while increasing scrutiny of trustee actions. 

BA judgment shows value of diligent minute-taking

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British Airways has lost a legal battle against the Airways Pension Scheme involving the trustees' decision to introduce a 0.2 per cent discretionary increase, as experts have stressed the importance of carefully documenting all decision-making processes.

S&N dives into infra and absolute return funds

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The Scottish & Newcastle Pension Plan has agreed to introduce a new allocation to infrastructure debt while increasing its absolute return exposure, as schemes seek steady returns and diversification.