All News articles – Page 12
-
NewsPension trustees need more time and soft skills, not more regulation
Lay trustees will not benefit from more exams or accreditation unless they are given the time to do their role properly.
-
NewsMandating UK investment would be ‘huge mistake’
Timing of investments into assets such as private equity can play a big role in determining eventual returns, conference panellists argue – so forcing investment will not work.
-
NewsPLSA Conference: Reframing pensions as a ‘reward for saving’
Pensions should be reframed as a reward for saving rather than a benefit for the better off, according SEI managing director Steve Charlton.
-
NewsTyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
-
NewsGovt launches National Wealth Fund to drive pension fund investment
The government has officially launched the National Wealth Fund and announced reforms to other public institutions to encourage additional pension fund investment into high-growth UK companies.
-
NewsPensions minister targets growth, better retirement outcomes
The government’s extensive policy reforms anticipated in the Pension Schemes Bill will deliver “the growth the country needs and the security in retirement that savers deserve”, according to pensions minister Emma Reynolds.
-
NewsPLSA Conference: The complex pension adequacy picture
A multi-pronged approach is required to improve pensions adequacy, according to panellists at the Pensions and Lifetime Savings Association’s (PLSA) annual conference in Liverpool.
-
NewsPension savers open to higher contributions, says PLSA
As the effects of the cost-of-living crisis are starting to abate, many of those saving for a pension are supportive of paying more in, according to a survey.
-
NewsNest plots decumulation offering with new appointments
The UK’s biggest defined contribution (DC) master trust has appointed Hymans Robertson and WTW to help it design a decumulation service for its members.
-
NewsDC schemes ‘must brace for Budget impact’, warns Hymans
Trustees and managers of defined contribution schemes should prepare to act quickly if there are tax changes in this month’s Budget, according to Hymans Robertson.
-
NewsThe importance of trust for dashboard success
Greater engagement between the British public and their retirement provisions is essential to successful rollout of pension dashboards, according to panellists at an industry event.
-
NewsCan CDC help fix a ‘broken’ DC system?
As the government launches a consultation on collective defined contribution (CDC) structures, a new paper from Willis Towers Watson has proposed ways in which the new rules can help improve existing schemes.
-
NewsTaking automatic enrolment beyond pensions
The success of auto-enrolment into pension funds should be extended to help people build up short-term savings, according to a new report.
-
NewsMichelin insures DB scheme for £1.5bn
Tyre manufacturer Michelin has insured its defined benefit (DB) scheme for £1.5bn with Aviva, marking the biggest bulk annuity deal of 2024 so far.
-
NewsChurch of England eyes CDC as consultation launches
The Church of England and TPT Retirement Solutions have expressed interest in the collective defined contribution (CDC) pension model after the government launched a consultation on a regulatory framework.
-
NewsRoyal Mail opens collective DC scheme
Royal Mail has officially opened its collective defined contribution (CDC) scheme to members.
-
NewsMercer and Fidelity join dashboard coalition
Mercer, Fidelity International, Penny and Pension Lab have joined the Pensions Dashboard Operators Coalition, bringing its total membership to 14.
-
NewsRelief at last: Govt 'backs down' on pension tax changes
The government has reportedly shelved plans to overhaul the system of tax relief on pension contributions given the impact on public sector workers.
-
NewsLAPF Investments Awards: The winners revealed
Essex, Sutton, West Midlands and Border to Coast were among the big winners at last night’s LAPF Investments Awards.
-
NewsESG reporting for pension schemes ‘needs overhaul’ to improve effectiveness
The current reporting regime for environmental, social and governance (ESG) matters is unfit for purpose, according to HS Trustees’ Bobby Riddaway.