Latest articles from Stephanie Hawthorne

Latest housing association to exit multi-employer scheme

On the go: Housing association Metropolitan Thames Valley has left the Social Housing Pension Scheme, a multi-employer defined benefit plan run by TPT Retirement Solutions, transferring its assets and liabilities to master trust Enplan.

Royal London issues guidance for trustees when appointing IFAs

On the go: There is no right answer to whether trustees should be appointing financial advisers to help members make retirement decisions. However, doing nothing is not a risk-free option, a new policy paper from Royal London and Eversheds Sutherland has stated.

QE is running out of steam in all markets, Amundi finds

On the go: Quantitative easing has destabilised pension finances and is at the point of reducing returns, according to research from Create-Research and asset manager Amundi.

OECD: One in three workers risks falling through the pension cracks

Pensions provision has not caught up with the 21st century phenomenon of the non-standard worker, as this type of employment now accounts for one in three jobs in OECD countries, a new report has revealed.

Fiduciary tenders become mandatory for 20% of assets

On the go: The Pensions Regulator has updated its trustee guidance to reflect new requirements to tender for fiduciary management services.

Almost 200 schools leaving Teachers’ Pension Scheme

School picture used for National Union of Teachers pension strike story

More than one in 10 private schools participating in the Teachers’ Pension Scheme are leaving the pension fund, with the majority opting for a defined contribution arrangement to avoid a massive increase in contributions.

Plumbers call for trustee chair to resign over pensions debacle

Plumber

An action group is calling for the resignation of Alan Pickering CBE as chairman of the Plumbing and Mechanical Services Industry Pension Scheme.

Academics union questions regulator’s oversight of USS

Academics have expressed disquiet over the role of the Pensions Regulator in the governance in one of the largest occupational pension schemes in the UK.

Scottish plumber’s plight highlights ongoing Section 75 issue

The boss of a small Scottish plumbing company is the latest to receive a bill of more than £1m to cover a shortfall in a multi-employer defined benefit scheme.

One in four employees fails to review their pension

On the go: Employees’ lack of engagement with later-life finances remains a major issue, with one in four never even reviewing their pension. This lack of preparation is impacting lifestyle choices, with a quarter of employees now expecting to work in retirement.