Latest articles from Stephanie Hawthorne

DB members transferring face adviser shortage as regulations bite

News On the Go

On the go: Nearly seven out of 10 advisers are wary of advising on defined benefit transfers, according to Aegon Research.

AMNT blasts managers’ ‘blanket refusal’ to accept scheme voting policies

News On the Go

On the go: The Association of Member Nominated Trustees has lodged a formal complaint with the Financial Conduct Authority as asset managers of pooled funds, in almost a “blanket refusal”, are not accepting the stewardship voting policies of their pension scheme clients.

600 Group completes £201m buyout with PIC

News On the Go

On the go: Yorkshire-based engineering firm 600 Group has finalised the buyout of its UK pension scheme liabilities with Pension Insurance Corporation.

MoJ underpays pension payments to 25 judges

News On the Go

On the go: The Ministry of Justice has short-changed 25 members of the Judicial Pensions Scheme who have been underpaid in their pensions. The underpayments totalled £53,917.

Schemes set to face UK credit capacity crisis

News On the Go

On the go: With two-thirds of FTSE 350 pension schemes in negative cash flow, fears are mounting that there may not be enough high-quality assets to go around.

TPR replaces DC pension trustees at Dunnes Stores

News On the Go

On the go: Pension trustees at Northern Irish high street retailer Dunnes Stores have been stopped by the Pensions Regulator from running the company’s defined contribution scheme.

Cambridge academics threaten to ‘greylist’ Trinity College if it leaves USS

Cambridge University

Two-hundred-and-fifty Cambridge academics have signed an open letter condemning a proposal from Trinity College to withdraw from the Universities Superannuation Scheme and to set up its own private pensions scheme.

Light at end of tunnel in Barnet admin fiasco

Long-running issues with poor-quality data at the London Borough of Barnet Pension Fund, administered by Capita, are at last showing some signs of improvement.

TPR expresses 'grave concerns' over USS funding proposal

News On the Go

On the go: In a leaked email to Universities Superannuation Scheme, The Pensions Regulator has expressed “grave concerns” over an option for finalising its 2018 valuation that could delay funding pressures into the future.

Templates launched to improve cost transparency in £2tn industry

News On the Go

On the go: The Cost Transparency Initiative has unveiled its templates and guidance for asset managers and suppliers of services to pension schemes, encouraging reporting of costs and charges in a standardised format so trustees can easily compare managers and asset classes.