Latest articles from Stephanie Hawthorne

Trustee fined for tardy transfer and reported to TPR

On the go: The Pensions Ombudsman has upheld a complaint against the trustee of the Commando 2012 Pension Scheme for failing to a pay a transfer payment within the statutory time frame.

Rolls-Royce and L&G complete record £4.6bn deal

On the go: Rolls-Royce has completed a partial buy-in on the way to buyout in excess of £4.6bn, securing the benefits of around 33,000 members of the Rolls-Royce UK Pension Fund. 

Arcadia future hangs in balance as crucial vote delayed

On the go: Sir Philip Green’s Arcadia Group postponed a creditors’ meeting until June 12, after the floundering company failed to secure sufficient initial support from landlords.

ESG risks could mean shallow returns for fish farming investors

On the go: Climate change could cripple the $230bn (£182bn) aquaculture industry, posing a hazard to pension fund investors, a new report by the Farm Animal Investment Risk and Return Initiative has revealed.

More than £90bn saved in workplace pensions in 2018

On the go: Auto-enrolment continues to motor ahead with £90.4bn saved in workplace pensions last year, up £7bn from 2017, according to recent figures published by the Department for Work and Pensions. 

Regulator announces authorisation application from new master trust

On the go: The Pensions Regulator has revealed that a total of 39 master trusts have applied for authorisation, including one new master trust, as it indicates that new master trust schemes will face tougher supervision.

Green seals vital deal with TPR to bolster pension fund

On the go: In a last-minute attempt to save his Arcadia empire on Tuesday night, Sir Philip Green sealed a deal with the UK’s Pensions Regulator that has the backing of the Pension Protection Fund for a crucial restructuring of the business.

UCU chief urges Trinity College to backtrack on USS exit

On the go: The University and College Union has written a last ditch open letter urging the fellows of Trinity College at the University of Cambridge to reconsider their withdrawal from the Universities Superannuation Scheme.

Former charity chief pleads not guilty in £250k fraud

On the go: The former head of a charity for the disabled has pleaded not guilty to defrauding the charity’s pension scheme at a hearing at Winchester Crown Court on Tuesday.

DB members transferring face adviser shortage as regulations bite

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