All News articles – Page 100
-
NewsPMI warns majority of savers will be caught out by pension age rise
On the go: The majority of people impacted by the rise in the normal minimum pension age are unaware it is happening, the Pensions Management Institute has warned.
-
NewsIndustry group publishes TCFD reporting guidance
On the go: The Pensions Research Accountants Group has published guidance to help practitioners understand the Task Force on Climate-related Financial Disclosures governance and reporting requirements.
-
NewsMajority of trustees lacking confidence in new scam rules
On the go: Almost three-quarters of trustees are not confident the new transfer rules will reduce pension scams in the long term, according to research.
-
NewsMPs urged to tweak minimum pension age rules
On the go: Quilter has written to MPs to ask them to amend the finance bill to avoid “decades of complexity” in relation to the increase in the normal minimum pension age.
-
NewsVesuvius completes £305m buy-in with PIC
On the go: The Vesuvius Pension Plan has completed a final buy-in with Pension Insurance Corporation, covering £305m of liabilities.
-
NewsMachine learning can help investors tackle fast fashion ESG issues
The depths of fast fashion’s environmental, social and governance issues make evaluation of the problems difficult, but technological solutions are making it more accessible.
-
NewsBT, Ford and M&S schemes’ inflation judicial review granted
On the go: The trustees of the BT, Ford and Marks and Spencer pension schemes announced on Wednesday that their application for a judicial review of the decision to replace the retail price index with the consumer price index including housing costs from 2030 has been granted.
-
NewsFCA to consult on British Steel redress scheme
On the go: The Financial Conduct Authority will be consulting on a redress scheme for members of the British Steel Pension Scheme who transferred out after receiving bad advice.
-
NewsWorkplace pensions bounce back after Covid-19 effects
On the go: Workplace pension contributions grew by more than 15 per cent in the second quarter of 2021, when compared with the previous year, due to contribution levels recovering after the pandemic, according to the Office for National Statistics.
-
NewsFairs: Diversity should make for difficult trustee board discussions
On the go: Increasing diversity and making trustee boards more inclusive will produce longer and more difficult discussions — and that is a good thing, according to David Fairs, executive director of regulatory policy, analysis and advice at the Pensions Regulator.
-
NewsMitchells & Butlers agrees buy-in, AvestaPolarit derisks with Rothesay
Risk watch: A roundup up of the latest derisking transactions, including the Mitchells & Butlers scheme’s £650m full buy-in with Legal & General and the AvestaPolarit scheme’s bulk annuity transaction with Rothesay.
-
NewsLGPS market value up nearly 25 per cent in a year
On the go: The market value of the Local Government Pension Scheme rose by 23.8 per cent in 2020-21 when compared with 2019-20, according to new figures from the Department for Levelling Up, Housing and Communities.
-
NewsSavers stick to default funds despite ESG concerns
On the go: Despite savers showing an interest in investing their pensions responsibly, only one in five workplace scheme members have converted their investments into green funds, research has shown.
-
NewsNest and UBS divest from ‘unresponsive’ energy companies
On the go: Asset manager UBS has jettisoned “unresponsive” energy companies from its suite of climate-aware funds, including one it manages on behalf of Nest.
-
NewsBritvic reduces deficit contributions on back of index change
Soft drinks manufacturer Britvic has seen a reduction in its pension liabilities following a change to the inflation index used by the Britvic Pension Plan.
-
NewsPASA looks to avoid statements season ‘capacity crunch’
On the go: The Pensions Administration and Standards Association has published supplemental material on the forthcoming statements season, making a number of recommendations around format and implementation that reflect “considerable concern” in the industry.
-
NewsWebb calls on govt to delay increase in state pension age
On the go: The government’s plans to increase the state pension age from 66 should be delayed because we are not living as long as previously expected, according to research.
-
NewsPodcast: Fiduciary trumps politics if divesting from ‘illegal Israeli settlements’
Podcast: Local Government Pension Schemes looking to divest from Israel should do so on grounds of sustainability and fiduciary responsibility, not because of politics and personal morality, says Richard Butcher, managing director of PTL. He is joined by Ian Neale, Aries Insight co-founder, to discuss divestment, defined benefit funding and ageing populations.
-
NewsWho should be changing fast fashion?
Fast-fashion brands have been embroiled in scandals, but investor initiatives and trustee engagement are telling labels that being green is in this season.
-
NewsPLSA flags dashboard issues as project announces potential partners
On the go: The Pensions Dashboards Programme has partnered with three commercial dashboard providers with which to work during its initial testing phase, while the Pensions and Lifetime Savings Association has published an A-Z guide highlighting 26 key issues that it believes are required to make the dashboards project a success.