All News articles – Page 282
-
NewsThe future of DC? Nest unveils retirement blueprint
Government-backed mastertrust Nest has outlined its plan for providing members with an income in retirement, but experts have said the proposals’ application to today’s defined contribution market is limited.
-
NewsFindel forks out £2.3m to repair equalisation error
Findel Group Pension Scheme has paid more than £2.3m in past-service costs to make good an error in which a member benefit equalisation exercise was implemented incorrectly.
-
NewsTUC calls for same-sex parity on survivor pensions
One in four defined benefit schemes do not treat same-sex and opposite-sex couples equally on survivor benefits and the TUC is pressing government to close the gap, which could cost around £3.3bn.
-
News
Regulator talks tough as DC scheme governance falls short
Small and medium-sized defined contribution schemes are falling behind on governance compliance, Pensions Regulator research shows, with the watchdog vowing to use its powers where necessary.
-
News
New peak for pension saving, focus turns to adequacy
Data analysis: Scheme membership has reached fresh highs among the UK population but industry experts are calling for greater government intervention to boost contributions and to stop individuals falling through the cracks.
-
News
Home bias to UK equities has cost schemes, say experts
FTSE 350 schemes paid the price for a strong domestic equity bias during 2014, but it was a lack of protection in matching assets that damaged funding levels the most during the year.
-
News
Environment Agency: Online registrants up, phone enquiries down
Environment Agency Pension Fund has seen a jump in online activity since upgrading its website as part of a wider overhaul of its communications strategy aimed at increasing transparency.
-
NewsTfL tunnels further into alternative credit
Transport for London pension scheme has moved further into alternative credit investments including mezzanine debt, as it seeks to diversify its fixed income portfolio.
-
News
Norcros plugs deficit with suite of liability exercises
Kitchen and bathroom accessories group Norcros has plugged its scheme deficit by £1.7m through a series of liability management exercises, as pension funds see a further deterioration in funding levels.
-
News
Is your scheme safe from latent liabilities?
Any Other Business: In February 2002, the US secretary of defence Donald Rumsfeld gave his now-famous response to a question about the lack of evidence linking the Iraqi government to the supply of weapons of mass destruction.
-
News
Charles Stanley seeks DB risk control via working group
Stockbroker and wealth manager Charles Stanley has created a working party to tackle risk within its pension scheme after reporting a £6.2m deficit increase.
-
NewsPiP captures £131m for solar investment
The Pensions Infrastructure Platform has closed the first round of financing for its solar photovoltaics fund, as schemes continue to weigh the benefits of less familiar alternative assets such as renewable energy.
-
News
Employers await further guidance on scheme VAT rules
Employers will be hoping to benefit from VAT rebates on scheme services following HM Revenue and Customs’ latest guidance note, but pension lawyers have said further detail is needed on how to recover the tax.
-
News
FTSE 100 deficits feel pain of corporate yield slump
Schemes must reassess the case for increasing hedging activity, experts have said, as a £5bn increase in FTSE 100 deficits underlines the need for enhanced protections.
-
NewsTreasury to consult on 'excessive' exit charges
The Treasury has today announced it will consult on easing pension transfers and capping the exit fees charged to pension savers looking to take advantage of the new flexibilities.
-
News
Royal Mail posts £700m to options to deliver risk reduction
Royal Mail Pension Plan has invested £700m in an options mandate, as schemes increasingly explore derivative-based strategies to reduce risk while seeking growth.
-
News
Falkirk targets social housing with £30m investment
Falkirk Council Pension Fund is joining the ranks of local authorities investing in social housing, with a £30m allocation, as experts debate the strengths of the asset class.
-
News
NAPF turns focus to value of workforce in company reporting
The National Association of Pension Funds has called for improved reporting on human capital in order to enhance investors' insight into companies' long-term growth, strategy and performance.
-
News
DB schemes face decision over AVC funds
Defined benefit trustees are seeking to rationalise their additional voluntary contribution accounts as new rules come into play about how such accounts are managed.
-
News
DC admin to form heart of engagement efforts, experts say
Leadership of DC summit: Personalised communication and raising engagement levels over time will be a critical part of successful scheme administration in the new defined contribution environment, industry experts have said.