All Governance articles – Page 18

  • Greig McGuinness
    Opinion

    More than a number: what it means to be a professional trustee

    2020-06-02T00:00:00Z

    Dalriada’s Greig McGuinness recounts his experience of accreditation as a professional trustee, and gives his thoughts on the responsibility to uphold the profession that comes with completing the process.

  • Opinion

    Trustees must face hard governance truths after Covid shake-up

    2020-06-02T00:00:00Z

    Our daily lives will inevitably change once the Covid-19 crisis is over.

  • News

    USS divests from coal, tobacco and weapons manufacturers

    2020-06-01T00:00:00Z

    The UK’s largest pension scheme has announced it is to divest from selected coal, tobacco and weapons manufacturers, following years of campaigning by members and activist groups.

  • News

    Chair’s statement template to ease trustee headaches

    2020-05-28T00:00:00Z

    On the go: The Pensions and Lifetime Savings Association has released a new template designed to help trustees of well-run defined contribution schemes avoid being caught out by chair’s statement requirements.

  • George Currie
    Opinion

    Templates help, but govt help is needed on chair’s statements

    2020-05-28T00:00:00Z

    As the Pensions and Lifetime Savings Association releases templates to help trustees avoid pitfalls in defined contribution chair’s statements, George Currie appeals for greater regulatory flexibility in how punishments are dished out.

  • Opinion

    How will pandemic affect employer contributions longer-term?

    2020-04-24T00:00:00Z

    Over the past few weeks, the Pensions Regulator has been publishing a range of guidance for schemes and employers, which among other easements effectively gives the green light for trustees to consider the deferral of deficit reduction contributions for a period of up to three months.

  • News

    ESG-focused investments show durability through market meltdown

    2020-04-17T00:00:00Z

    The Covid-19 pandemic has shown how important environmental, social and governance factors are when making investment decisions, according to analysts.

  • News

    Covid-19: Disruption for DC schemes; social impact woes

    2020-03-27T00:00:00Z

    While defined contribution trustees are being warned they could be facing more disruption than just investment volatility, institutional investors are calling on companies to mitigate the coronavirus social impact. At the same time, risks of cybersecurity and fraud are on the rise. Read our round-up of pensions and finance news about the coronavirus outbreak.

  • News

    HSBC ahead of curve with TCFD compliance

    2020-03-23T00:00:00Z

    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.

  • News

    Volatility exposes trustees’ slow reaction times

    2020-03-20T00:00:00Z

    Volatility playing havoc with defined benefit funding ratios may speed the transition towards fiduciary management and consolidation of final salary schemes, according to governance specialists.

  • News

    L&G to launch fossil fuel free fund

    2020-03-16T00:00:00Z

    On the go: PensionBee will offer Legal & General’s first fossil fuel-free fund, in response to demand from consumers to exclude oil from their pension investments.

  • News

    Cheshire Pension Fund questions members on investments and ESG

    2020-03-13T00:00:00Z

    The £5.8bn Cheshire Pension Fund is gauging the views of its members and participating employers on its investment strategy and environmental, social and governance policy.

  • News

    Trustee boards display unacceptable lack of diversity

    2020-03-13T00:00:00Z

    On the go: The Pensions and Lifetime Savings Association has published a guide to improving diversity and inclusion in pensions, amid enduring concerns over groupthink and prejudice in the trust-based system.

  • Opinion

    The biggest driver of change in DC

    2020-03-03T00:00:00Z

    Data Crunch: Broadridge’s Jonathan Libre looks at recent changes in legislation in the defined contribution space and how these schemes have adapted to a fast-evolving world of requirements.

  • News

    DWP: Government will not dictate schemes’ ESG investments

    2020-02-25T00:00:00Z

    The government insists it is not intervening in pension scheme investment strategies with a climate change amendment to the pension schemes bill introduced earlier this month.

  • News

    Nest joins campaign for Barclays fossil fuel divestment

    2020-02-24T00:00:00Z

    On the go: Master trust Nest has joined a group of institutional investors urging Barclays to publish a plan to gradually phase out its financing of fossil fuel companies.

  • News

    TPR ordered to set out climate change strategy

    2020-02-19T00:00:00Z

    On the go: The government is expecting the Pensions Regulator to publish a strategy for dealing with the financial risks arising from climate change, among other requirements to integrate the Green Finance Strategy into its activities.

  • Podcasts

    Podcast: Regulator should take ‘softly-softly’ approach to DC consolidation

    2020-02-19T00:00:00Z

    Podcast: The Pensions Regulator should take a “softly-softly” approach to defined contribution consolidation, similar to what happened with master trusts during the authorisation process, where subtle conversations occurred and schemes decided to exit in an orderly manner, according to Adrian Boulding, director of policy at Now Pensions. He and Rosalind Connor, partner at Arc Pensions Law, discuss the response from the watchdog to its consultation of the future of trusteeship and governance, among other topics.

  • News

    PMI launches accreditation course for professional trustees

    2020-02-17T00:00:00Z

    On the go: The Pensions Management Institute has launched its course for professional trustees seeking accreditation, after an apparent split with the Association of Professional Pension Trustees.

  • News

    ESG amendments to give govt ‘unprecedented new powers’

    2020-02-12T00:00:00Z

    The Pensions and Lifetime Savings Association has warned that government bodies will have “unprecedented new powers” to interfere in pension scheme investment strategies if an amendment to the pension schemes bill is passed.