All News articles – Page 263
-
NewsEvents and training for pension managers and trustees – Sept 8
Get your calendar in order with this rolling bookmark of upcoming events and training opportunities, targeting pension scheme managers and trustees.
-
NewsPolice investigation highlights need for internal scheme checks
The protection of scheme assets against internal fraud should be a top priority for administrators and trustees, experts have said, following the arrest of an employee on suspicion of a scheme-related theft.
-
News
Charity puts centre up for sale to cover LGPS costs
The Multiple Sclerosis Society is to sell a support centre to meet the cost of its local government pension scheme membership, the latest charity to sell assets to cover defined benefit costs.
-
News
Cash leads the way on freedoms but further flux predicted
More than half of the £2.5bn withdrawn by pension savers in the three months since April has been paid out in cash lump sums, but experts predict consumers will shift their focus towards more sophisticated products.
-
News
Regulator flags DLR case to tackle inaction on late valuations
The Pensions Regulator has taken the unusual step of publishing details of how it responds when schemes miss their valuation deadlines in an attempt to underscore the need for constructive dialogue between trustees and sponsors.
-
News
Invensys extends Pie to pensioners
Invensys Pension Scheme is expanding its pension increase exchange offering to retired members, as the company plans a bulk exercise for dependants and pensioners.
-
News
Longevity v interest rates – which poses the biggest risk for schemes?
Rising life expectancy poses a greater risk to UK corporate pension schemes than low interest rates, a report this week has suggested, but some industry experts have challenged the finding.
-
NewsCambridge uni scheme scrutinises opt-outs in prep for re-enrolment
Cambridge University Assistants’ Contributory Pension Scheme is examining the causes of opt-outs as it prepares to re-enrol members into its hybrid scheme next year.
-
News
BBC to lay on financial advice for members looking at transfers
The BBC is to offer paid-for independent financial advice to help members get the most from the pension freedoms, in particular to support those considering transferring their assets.
-
News
East Riding moves deeper into niche alts in hunt for yield
East Riding Pension Fund has pushed further into the alternatives space over the past 12 months with an £80m investment in social housing plus increased allocations to aircraft leasing and healthcare royalties.
-
NewsBlack Monday underscores need for robust strategies
Proactive investment strategies are key for protecting schemes in times of high volatility, experts have said, as ripples from the Chinese market rout reinforce the need for scheme triggers.
-
News
Between two boards: Balancing the dual roles of exec and trustee
The broader experience of financial directors and company executives may enhance pension trustee boards' insight and understanding, but conflicts of interest should be carefully managed.
-
NewsKingfisher locks in gains as funding hits triggers
Kingfisher pension scheme has continued to progress towards its 2030 buyout target with a £150m shift from return-seeking to matching assets after tipping into surplus.
-
News
Run affordable risk, say experts
Schemes must not run more risk than they can afford, say experts, as UK private sector defined benefit deficits rocket to £900bn.
-
NewsEvents and training for pension managers and trustees – Aug 24
Get your calendar in order with this rolling bookmark of upcoming events and training opportunities, targeting pension scheme managers and trustees.
-
News
Regulator releases further covenant guidance
The Pensions Regulator has issued new guidance on assessing employer covenants aimed at preventing smaller or highly funded schemes from wasting time and money on costly advice.
-
NewsIs your scheme spending enough time on administration?
Any Other Business: Trustees of pension schemes are required to oversee all aspects of scheme administration while navigating the complexities of investment, policy change and benefit design.
-
NewsIORP amendment threatens pot-follows-member
A draft report from the European Parliament committee on economic and monetary affairs has threatened the possibility of pot-follows-member legislation being introduced, lawyers have warned.
-
NewsGKN saves £7m with Pie
Automotive and aerospace company GKN has made a £7m saving on its pension scheme following completion of a pension increase exchange exercise.
-
NewsEvents and training for pension managers and trustees – Aug 9
Get your calendar in order with this fortnightly bookmark of upcoming events and training opportunities, targeting pension scheme managers and trustees.