All Isio articles – Page 2

  • News on the go
    News

    A third of DB schemes now have professional trustees

    2021-06-09T00:00:00Z

    On the go: The number of defined benefit schemes with a professional trustee on its board has increased by 60 per cent in five years, with a third of pension funds now using these services, according to consultancy LCP.

  • News on the go
    News

    TUI pension schemes agree £800m buy-ins with L&G

    2021-06-01T00:00:00Z

    On the go: The circa €2.4bn (£2.1bn) TUI Group UK Pension Trust, comprising the BAL Scheme, TUI UK Scheme and TAPS Scheme, has secured two buy-ins worth around £800m with Legal & General Assurance Society.

  • Iain McLellan
    Opinion

    The defined benefit trustee cost challenge

    2021-05-24T00:00:00Z

    Isio director Iain McLellan details how defined benefit scheme trustees should spend their increasingly constricted budgets to ensure good governance, and why sponsors should invest in their own scheme’s trustee board.

  • Girish Menezes
    Opinion

    Protecting pensions against pandemic-enhanced cyber criminals

    2021-04-27T00:00:00Z

    There are three major risks in relation to protecting pensions data, though the pandemic has given a massive boost to cyber criminals who know how to exploit these risks.

  • News

    L&G scheme secures £400m derisking transaction

    2021-01-26T00:00:00Z

    On the go: The Legal & General Group UK Senior Pension Scheme completed an assured payment policy transaction worth around £400m with the Legal & General Assurance Society in December 2020.

  • Podcasts

    Podcast: Economic uncertainty, DC consolidation, ESG to mark 2021

    2021-01-07T00:00:00Z

    Podcast: Economic uncertainty from the pandemic and the aftereffects of Brexit, solving the small pots problem and consolidation in the defined contribution universe, and yet more environmental, social and governance regulation are the themes to watch out for this year. These are the predictions for the pensions industry in 2021 from Marc Hommel, senior pensions adviser at EY-Parthenon, and Sue Pemberton, head of technology and DC consulting at Premier Pensions.

  • Girish Menezes
    Opinion

    The new normal: should pension firms return to the office?

    2020-07-28T00:00:00Z

    Four months of remote working and the pensions industry is planning for the new normal. Questions are being asked up and down the corridors of power. When will our employees get back to office? How will we ensure social distancing? What do we do about real estate utilisation when employee density may have to be reduced?

  • News

    Sponsors facing perfect storm as furlough nears its end

    2020-06-08T00:00:00Z

    Pension schemes and their sponsors face a potential perfect storm of costs as the furlough scheme reaches its endgame, with sponsors in some sectors of the economy facing acute pressure as government support dries up.

  • Girish Menezes
    Opinion

    Pensions technology hampered by underinvestment in data

    2020-03-16T00:00:00Z

    Technology is part of our day-to-day lives. We shop and bank online, receive our Amazon deliveries by drone, our children are signing up to challenger banks like Monzo via apps and many of us book our travel through our phones and online services. Comparatively, pensions administration remains steadfastly behind the curve.

  • News

    Pot-follows-member agreements: Feasible or fantasy?

    2019-12-02T00:00:00Z

    Now Pensions wants to agree bilateral deals with other master trusts to consolidate small pots resulting from auto-enrolment, but experts say some hurdles remain.

  • Features

    Can schemes save members from retirement age lottery?

    2019-10-10T00:00:00Z

    Analysis: Workers risk missing out on optimum retirement savings by not supplying their workplace pension provider with an intended retirement age, experts warn. But in the age of inertia, what can be done?

  • Getty Images
    News

    Ford set to offer partial transfers

    2018-10-24T00:00:00Z

    Ford has agreed to offer members of its defined benefit scheme the right to partially transfer out half of their pension as cash at retirement, allowing former employees greater flexibility in their benefits.

  • Girish Menezes
    Opinion

    Garbage in, garbage out

    2018-08-28T00:00:00Z

    Trustees are usually pretty reasonable in their requests to administrators: They want the right benefits paid to the right person at the right time. That is not too much to ask, is it?

  • Girish Menezes
    Opinion

    To transition or not to transition, that is the question

    2018-06-28T00:00:00Z

    If your relationship with your pension administrator is on the rocks, there are several things you should consider.

  • Girish Menezes
    Opinion

    Self-driving pensions are worth our consideration

    2018-05-21T00:00:00Z

    My 17-year-old daughter is writing an essay on whether human rights should be extended to robots – not as ridiculous a question as it may first appear.

  • Girish Menezes
    Opinion

    Fire, fury and GDPR

    2018-02-05T00:00:00Z

    From the blog: Hell hath no fury like a lawyer or auditor scorned. The General Data Protection Regulation has unfortunately put the pensions industry in that dangerous position where we have to run a gauntlet, deciding how seriously to take the dire warnings of these two professional communities. 

  • Getty Images
    Features

    Shell becomes latest scheme to push electronic comms

    2016-09-15T00:00:00Z

    The Shell Contributory Pension Fund has begun requesting email addresses from members as it takes the first step towards electronic communication, the latest in a long line of schemes to do so.

  • Getty Images
    Opinion

    How to keep on top of an ageing workforce

    2016-06-29T00:00:00Z

    Over-50s are set to become the dominant age-group in the UK's workforce new analysis has shown, leading to potentially dramatic changes for employers and trustees.

  • Getty Images
    Features

    Royal Mail runs survey as freedoms heighten need for engagement

    2016-02-09T00:00:00Z

    The Royal Mail Pension Plan is running an online member survey to judge engagement and levels of understanding among its members as freedom and choice makes member decisions even more important.

  • News

    Trinity Mirror reviews advisers ahead of DC default appraisal

    2015-11-12T00:00:00Z

    Trinity Mirror Pension Plan has carried out a consultant review ahead of an appraisal of its defined contribution default fund, spurred by the introduction of the freedom and choice reforms.