Latest articles from Tom Higgins

COP26: Schemes require robust support to make an impact

Getty Images

Regulators, schemes and fund managers must put measures and checks in place to ensure that institutional investors are making “better investment decisions” to ensure sustainable investing can “thrive”, the COP26 conference has heard.

Obituary: David Weeks

David Weeks

Former co-chair of the Association of Member Nominated Trustees David Weeks has died of cancer.

Daily Mail owner nears £400m pension deal amid takeover

News on the go

On the go: A potential takeover deal of the Daily Mail and General Trust by the Rothermeres would see a sum of approximately £400m being injected into the publisher’s pension schemes, DMGT has announced.

TPR’s chair to lead investment benchmark tool for schemes

News on the go

On the go: Asset management consultancy MJ Hudson has announced the creation of an investment decision-making tool for pension schemes, which will be headed by the Pensions Regulator chair Sarah Smart.

UCU considers legal action against USS and calls for valuation pause

Sora Shimazaki/Pexels

The University and College Union’s general secretary has written to the Universities Superannuation Scheme’s chief executive outlining the potential for legal action against the scheme’s trustees and has called for a pause in the 2020 valuation process.

Saul to create ‘feeder’ DC scheme for new members

Pexels

The Superannuation Arrangement of the University of London is set to create a new “feeder” defined contribution pension scheme as it undertakes a review of its investment strategy.

TCFD disclosures to be mandatory for UK’s largest financial institutions

News on the go

On the go: Britain’s largest companies and financial institutions will legally have to report on climate-related risks and opportunities from April 6 2022, the government has announced.

TPR to tighten supervision to steer schemes’ climate response

Bloomberg

The Pensions Regulator is aiming to set “clear expectations” of what it wants to see from pension schemes, while increasing supervision ahead of the new requirements to comply with environmental, social and governance legislation under the Pension Schemes Act 2021.

Third of BT Pension Scheme members sign up to online portal

News on the go

On the go: One in three BT Pension Scheme members are now managing their pension through the scheme’s new online portal.

Budget 2021: Missed opportunity to tackle pensions ‘ticking time-bomb’

Getty Images

Following a Budget speech light on pensions policy announcements, the industry has been weighing in on what has been revealed, including a consultation on the charge cap and a new tax relief for low earners in net pay schemes, while others say that the chancellor has not done enough to address industry concerns.