Latest articles from Stephanie Hawthorne

Select committee gives pension industry low marks for transparency

On the go: The pensions and financial inclusion minister Guy Opperman, and John Glen, the economic secretary to HM Treasury, were grilled by the Work and Pensions Committee investigating pension costs and transparency on Wednesday.

Transfer values rise sharply during March as demand remains high

On the go: Pension transfer values rose substantially during March, peaking at almost £251,000, according to consultancy XPS Pensions.

Pension professionals distrust consolidation, finds PMI poll

On the go: A significant minority of pensions professionals are distrustful of both defined contribution and defined benefit consolidation, according to a poll from the Pensions Management Institute.

Employers and academics rail against new USS contribution rate

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Employers and workers alike have expressed concern over proposed contribution hikes to Britain’s biggest private sector pension scheme, the £63bn Universities Superannuation Scheme.

Trustees lukewarm on consolidator benefits

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On the go: Most defined benefit trustees doubt the ability of commercial consolidators to improve their members’ security, according to a new survey that also reveals widespread ignorance of the two new players in the market.

Covenant risk tops trustees’ list of concerns

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On the go: Employer covenant risk is defined benefit pension schemes’ greatest worry, according to a poll of 42 trustees and their advisers by professional trustee company PTL.

Life expectancy in London boroughs varies by 20%

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On the go: There are huge differences in life expectancy in the UK, even across neighbouring postcodes, data specialist CACI has found.

PPF seeks member representative for board position

On the go: The Pension Protection Fund is taking a novel approach to recruitment, seeking a board member who has been compensated by the fund.

National Pension Trust files for authorisation days before deadline

On the go: With just days to go before the deadline of March 31, the National Pension Trust has submitted its application to The Pensions Regulator for master trust authorisation.

Employers reject call for contingency contributions from USS

On the go: At least two employers, including the University of Oxford and the University of Sheffield, have rejected the call for contingent contributions in a consultation from Britain’s largest private sector pension scheme, the Universities Superannuation Scheme.