Latest articles from Stephanie Hawthorne

Pensions 'silver lining' in Scottish Budget

On the go: While the recent Scottish Budget means that many people north of the border will be paying substantially more income tax than someone on equal earnings in the rest of the UK, there is a pensions tax relief 'silver lining'.

Falling healthy life expectancy for women pours fuel on SPA debate

On the go: Latest data on healthy life expectancy, published by the Office for National Statistics, have poured fuel on an already blazing debate about the recently increased age at which women can access their state pension.

PPF confirms 2019/20 levy at £500m

On the go: The Pension Protection Fund has confirmed that the levy it expects to collect for the 2019/20 year is £500m, down from the £550m estimated for 2018/19.

PIC reinsures £1.2bn of longevity risk with SCOR

On the go: The Pension Insurance Corporation has finalised a £1.2bn longevity reinsurance contract with independent global reinsurance company SCOR.

DB schemes move into surplus

On the go: UK defined benefit pension schemes have moved into surplus after the Pension Protection Fund made changes to the way the PPF 7800 Index is calculated.

UK pension deficit could increase by £219bn in a hard Brexit

On the go: A no-deal Brexit could see the aggregate buyout deficit of UK pension funds rise by as much as £219bn (37 per cent), according to Cardano. 

Workers fear schemes will not deliver on their promises

On the go: People’s trust in pension systems remaining low is one of the findings of the OECD's recently published Pensions Outlook 2018.

Tower Hamlets completes £700m equity protection strategy

On the go: The London Borough of Tower Hamlets Pension Fund has undertaken a £700m equity protection strategy with Schroders.

Field calls for swift action from TPR on Johnston pre-pack

On the go: Chair of the Work and Pensions Committee, Frank Field MP, has written to the Pensions Regulator with serious concerns about the possible 'dumping' of pension liabilities using a pre-pack deal.

PMI report predicts just 20 master trusts in five years’ time

On the go: There will be no more than 20 master trusts in five years’ time, according to an influential report from the Pensions Management Institute, which predicts the new master trust authorisation regime will lead to widespread consolidation and collaboration.