Latest articles from Stephanie Hawthorne

Ombudsman’s Royal Mail decision opens up Pandora’s box

The Pensions Ombudsman has upheld a complaint against the Royal Mail Statutory Pension Scheme for refusing to pay a deferred pension, providing a salutary lesson for employers who fail to keep adequate records.

HSBC ahead of curve with TCFD compliance

As the government seeks powers to mandate pension schemes to disclose their climate change risks, the HSBC Bank (UK) Pension Scheme is already on its second report under the Task Force on Climate-related Financial Disclosures.

LGPS returns to drop by almost half in next decade

As the world faces global meltdown and investors are set to receive lower and more volatile returns for the next decade or more, new research suggests that some local authority pension schemes may be overestimating their potential growth.

Charge cap could be a barrier to CDC, experts fear

A collective defined contribution pension scheme for Royal Mail employees is inching closer to the starting gate, but an amendment to the pension schemes bill to impose a charge cap could derail other nascent CDCs from ever getting off the ground, according to experts.

Blue chips rush to offload DC pension plans to master trusts

More and more blue-chip employers are looking to transfer their defined contribution pension plans to the new breed of master trusts. The Vodafone UK DC Pension Plan is the latest to move all members’ accounts, amounting to £1.4bn, into LifeSight. The transaction is expected to be finalised by the end of March 2020.

Auto-enrolment process creates 'employee underclass'

Three out of four pensions professionals say employers should be free to statutorily enrol any employee they wish, even if current auto-enrolment age and earnings criteria are not met.

Social care crisis: is auto-enrolment the answer?

Auto-enrolment-style contributions could hold the key to solving the UK’s growing social care crisis, according to the sponsors of a report into the funding shortfall for care in later life.

Cracknell: Industry fails to explain ‘how’ savers can make changes

Michelle Cracknell on her new role at Just Group after a five-year stint leading the Pensions Advisory Service.

IR35 could be employment minefield

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Many employers are ill-prepared for the pensions fallout of a complex new tax fairness rule that comes into force in just six weeks’ time, experts have warned.

Hundreds of thousands of micro pots suffer remorseless attrition

Data crunch: Eight years after the auto-enrolment revolution, millions of workers’ pensions are left languishing in master trusts when they move jobs.