All indexation articles – Page 2

  • News on the go
    News

    PPF 7800 Index shows surplus and funding improvements

    2021-07-13T00:00:00Z

    On the go: The PPF 7800 Index for June shows improvements in the surplus and funding positions (on a section 179 basis) for the more than 5,000 schemes potentially eligible for entry to the Pension Protection Fund.

  • News on the go
    News

    State Street pays schemes for missed return after index error

    2021-06-24T00:00:00Z

    On the go: State Street Global Advisors is making payments to pension schemes, including PensionBee, after an error made by FTSE Russell in the composition of one of its indices affected the returns of several funds offered by the asset manager.

  • News on the go
    News

    Index funds present challenge for East Sussex scheme’s ESG aspirations

    2021-05-20T00:00:00Z

    On the go: The East Sussex Pension Fund was one of the first Local Government Pension Schemes in the country to carbon footprint its portfolio, and also one of the first to explore and adopt a climate-aware index.

  • News on the go
    News

    MPs demand Sunak addresses mineworkers’ scheme issues

    2021-05-05T00:00:00Z

    On the go: The Business, Energy and Industrial Strategy Committee has called on the government to bring its approach to the Mineworkers’ Pension Scheme into line with its “levelling up” agenda, branding the current arrangement “antithetical” to that policy.

  • Pexels
    News

    TPR, PPF propose tiered approach in asset information reform

    2021-04-29T00:00:00Z

    The Pensions Regulator and the Pension Protection Fund have issued a joint consultation into proposals to change the asset class information TPR collects via the scheme return.

  • News

    Govt chooses full indexation of GMPs for public sector schemes

    2021-03-23T00:00:00Z

    The Treasury has decided to abandon the idea of converting guaranteed minimum pension benefits in public sector schemes, opting for a permanent extension of full indexation, which will be more expensive for private pension funds that are forced to mirror government rules.

  • News

    Pandemic causes £41bn DB deficit bump

    2021-03-16T00:00:00Z

    On the go: The coronavirus pandemic and attendant national lockdown saw a marked deterioration in defined benefit scheme funding positions, with the overall deficit up £41bn as of March 2020 compared with the same month in the previous year. 

  • News

    Switch to index-linked gilts could boost DB pensions and save billions

    2021-03-05T00:00:00Z

    On the go: A rebalancing by the government from fixed interest to index-linked gilts could provide additional security for pension schemes and their members while saving taxpayers billions, according to analysis by LCP partner Jonathan Camfield.

  • BT logo
    News

    BT, Ford and M&S schemes consider legal challenge on RPI reform

    2021-02-24T00:00:00Z

    The trustees of the BT, Ford and Marks and Spencer pension schemes have been granted an extension to the period in which they can consider filing for judicial review of the proposed alignment of the retail price index with the consumer price index including housing costs.

  • Opinion

    Schemes cannot own same stocks in a downturn as in a recovery

    2021-02-17T00:00:00Z

    Pension funds need to respond to a regime change from the low-growth, low-inflation environment that suited bonds and bond proxy equities, to a reflationary/inflationary one that will suit cyclicals, energy and materials, and value stocks in particular, warns Ian Lance, co-manager of the Temple Bar Investment Trust.

  • News

    RPI reform boosts inflation hedging

    2021-02-08T00:00:00Z

    On the go: The announced reform of the retail price index, to match the consumer price index including housing costs, saw inflation hedging rise by six per cent quarter on quarter at the end of September 2020.

  • Podcasts

    Podcast: Trustees advised to self-certify before Christmas

    2020-12-14T00:00:00Z

    Podcast: Jo Myerson, trustee director at Ross Trustees, tells Pensions Expert it is important that trustees comply with the Competition and Markets Authority’s self-certification rules early in order to avoid a mad, post-Christmas dash to meet the January 7 deadline. She is joined by David Rae, head of strategic client solutions at Russell Investments, in an episode also covering insolvencies, superfunds and the fallout from the reform of the retail price index.

  • News

    RPI reform to leave linker owners short-changed from 2030

    2020-11-25T00:00:00Z

    The government is to press ahead with controversial reforms to the retail price index leaving index-linked gilt holders worse off, but has decided to delay the move until 2030.

  • Opinion

    Trustees need help to solve ESG puzzle

    2020-11-10T00:00:00Z

    As winter approaches, many schemes are starting to switch their attention away from their annual compulsory investment disclosures, and towards how they ensure that their policies are implemented.

  • News

    RPI decision timing ‘risks volatility’

    2020-11-10T00:00:00Z

    On the go: The long-awaited outcome of a consultation on replacing the retail price index of inflation is set to be published on November 25, but investors have warned that the government’s timing risks violent market reactions.

  • News

    Scottish Widows to divest £440m from ESG failures

    2020-11-09T00:00:00Z

    On the go: Scottish Widows is to divest £440m from companies that failed to meets its environmental, social and governance standards.

  • News

    Sustainability and adequacy still dragging UK's pension system

    2020-10-20T00:00:00Z

    Data crunch: The UK has fallen one place to 15th in the Mercer CFA Global Pensions Index, despite seeing a marginal improvement in its score, while Covid-19 increases pressure on retirement systems worldwide.

  • News

    Govt consultation suggests abandoning GMP conversion

    2020-10-07T00:00:00Z

    The Treasury has indicated it may axe guaranteed minimum pension conversion in a new consultation, with experts citing administrative costs as a reason to ditch the idea.

  • News

    Small-cap UK active equity funds find some success in H1 2020

    2020-10-07T00:00:00Z

    On the go: Just over half of all UK active equity funds have equalled or beaten benchmark returns before fees in the first half of 2020, while 45 per cent trailed behind the S&P UK Broad Market Index.

  • James Bingham
    Opinion

    RPI switching – dead in the water?

    2020-08-27T00:00:00Z

    Sackers’ James Bingham analyses the recent court cases on requests to change inflation indexation, explaining that despite the string of losses, employers will still continue to look at the courts with a glimpse of hope as a positive verdict could shed tens of millions of pounds in liabilities.