Long-anticipated mastertrust legislation was announced in the Queen's speech this week, providing protection for consumers and increased powers for the Pensions Regulator, but details are still sparse.
Sainsbury's marks down deficit by £262m
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May 16, 2016
Sainsbury’s Pension Scheme has reduced its post-tax deficit by £262m in the past year, following exceptional employer contributions and an increase in the discount rate.
DWP launches online tracing site as demand booms
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May 16, 2016
The Department for Work and Pensions has launched a new website for the government's pension tracing service, as the number of people seeking their deferred pots has ballooned over the past decade.
LGPS calls for details of government intervention
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May 13, 2016
Local government pension experts have called on the government to give more details regarding controversial plans to introduce intervention powers for the secretary of state over investment decisions.
PPI calls for industry to judge charges holistically
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May 9, 2016
Schemes should not put undue focus on charges when assessing value for money, the Pensions Policy Institute said last week, after research showed charge levels do not necessarily correlate with outcomes.
Halcrow plots rescue of DB scheme
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May 9, 2016
Engineering company Halcrow’s pension scheme is expected to agree a liability-management exercise in coming weeks after the High Court ruled a previous proposal was illegal.
Pensions unfair to younger generation, industry says
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May 5, 2016
The current pension system is unfair to the younger generation, the majority of participants at a debate hosted by professional trustee company Law Debenture this week agreed.
Asda shops for income streams with £9m cinema purchase
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May 2, 2016
Asda Pension Fund has bought a £9.1m multiplex cinema as part of an ongoing property programme, as schemes continue to lap up real assets for their portfolios.
Nationwide targets 30% in illiquids
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April 29, 2016
The Nationwide Pension Scheme is struggling to find suitable illiquid investments as it targets 30 per cent of its portfolio in the assets, the scheme’s chief investment officer has said.
BHS collapse raises questions for the regulator
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April 28, 2016
The Pensions Regulator is investigating the BHS Pension Scheme as the sponsoring employer enters insolvency, but some experts queried why the regulator did not act sooner to secure the ailing scheme.