Ahead of a vote in the House of Lords on the Pension Schemes Bill, Conservative MP Helen Whately spoke on her party’s opposition to the mandation power for a special episode of the Always a Pensions Angle podcast.
Having recently passed the halfway mark in her presidency of the Society of Pension Professionals, Sophia Singleton looks back on a busy initial period and ahead to the challenges and opportunities facing the pensions sector.
Two local government asset pools are combining their property portfolios, while infrastructure manager GLIL is on the acquisition trail. Elsewhere, the British Business Bank continues to connect growing UK companies to pension fund capital.
Every £1 of private pension income reduces housing benefit entitlement by 65p, the Pensions Policy Institute reports, leaving only 35p as an improvement to a person’s disposable income.
A roundup of the latest bulk annuity market news, including a full scheme buy-in for Aston Martin Lagonda and Isio’s micro scheme service reaching 20 transactions.
The Pensions Regulator issued warning notices and fined an accountant in its efforts to secure a section 75 debt payment from a company exiting the £1.2bn Plumbing & Mechanical Services Industry Pension Scheme.