All articles by Nick Reeve – Page 2
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NewsBudget to reduce tax bill for DB surplus sharing from 2027
The change means that schemes can share surpluses with pensioner members without recipients incurring large tax bills and without permanently increasing pension payments.
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In DepthIn Depth: The last-ditch campaign to save salary sacrifice
The pensions industry has rallied in a last-ditch attempt to dissuade the government from changing salary sacrifice rules, just days ahead of the Budget.
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OpinionThe Friday Takeaway: Last stand before landmark Budget
It seems everyone is talking about the Budget. Nick Reeve looks at what might change, and why the biggest rumour would probably be bad news if it turns out to be true.
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NewsBBC strikes £6bn longevity swap deal to extend scheme insurance
The broadcaster’s defined benefit pension scheme has secured a longevity swap transaction with MetLife and Zurich, five years after its first such deal was completed.
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NewsBritish Business Bank confirms pension investors in £200m first fund
The £3.7bn NatWest Cushon master trust is among the confirmed backers of British Growth Partnership Fund I, targeting investment in high-growth UK companies, the British Business Bank has announced.
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In DepthIn Depth: Insurers come through stress test with flying colours
Leading bulk annuity providers have been given a clean bill of health from the Bank of England following a major stress test of their balance sheets. Pensions Expert takes a look at what the results mean for schemes exploring a buy-in or buyout.
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People NewsGovernment begins search for new PPF chair
The Department for Work and Pensions is seeking a new chair for the board of the Pension Protection Fund, with current chair Kate Jones due to step down next year.
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NewsSmart acquires Waystone’s £580m master trust in ‘first of wave’
Smart Pension has acquired the WS Stakeholder Pension Scheme, the first time it has taken on a contract-based defined contribution scheme.
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NewsSix LGPS funds confirmed as members of expanded LPPI
The Devon, Avon, Dorset, Somerset, Cornwall and Environment Agency pension funds have signed a memorandum of understanding paving the way for them to join the Local Pensions Partnership Investments pool.
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NewsSalary sacrifice changes ‘could put millions of retirements at risk’
The Association of British Insurers has added its voice to opponents of potential changes to salary sacrifice rules, ahead of the Budget speech later this month.
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NewsUpdated sole trustee code launched as TPR eyes increased oversight
The Association of Professional Pension Trustees has updated its code for sole trusteeship to include additional guidance on due diligence and measures providers should take to manage conflicts of interest.
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NewsBusiness leaders call for DC defaults to be forced to buy UK
More than 250 UK company bosses have co-signed a letter to chancellor Rachel Reeves calling for UK defined contribution (DC) default funds to be forced to allocate 25% of all asset classes to the UK.
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NewsBox Clever members transferred to ITV Pension Scheme to end decade-long saga
Box Clever members have been receiving benefits level with PPF compensation since 2014, but will now see these restored in full and back payments made after members were transferred to the ITV scheme on 1 October.
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NewsGovt sets out financial inclusion drive with payroll savings and curriculum reform
The government has set out plans to expand payroll savings initiatives as a core part of its new financial inclusion strategy, published this week.
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People NewsTPR hires for crucial admin and dashboards role
Taylor Brightwell-Smith joined the regulator this week from the Government Actuary’s Department to oversee TPR’s work on administration, pensions dashboards, and cybersecurity.
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NewsLGPS funds invest in regional airports as schemes up infra allocations
The West Midlands and Cheshire local authority pension funds have invested in a portfolio of regional airports through a partnership established by the LGPS Central pool.
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NewsBT Pension Scheme connects to dashboard system as PDP hails 75% coverage
The UK’s biggest corporate defined benefit pension scheme has connected its 250,000 members to the pensions dashboards ecosystem, with just under a year to go until the government’s statutory connection deadline.
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NewsChurch of England leads investor coalition plan to raise mining industry standards
The Church of England Pensions Board, along with providers including Legal & General and Royal London, have backed an international collaboration on sustainable mining practices.
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OpinionThe Friday Takeaway: A retirement savings nightmare awaits you!
More frightening statistics about pension savings – or rather, the lack of them – make for unsettling reading this Halloween, writes Pensions Expert editor Nick Reeve.
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NewsLGPS Central confirms six new partner funds as assets top £100bn
Hampshire, Norfolk, Suffolk, Gloucestershire, Oxfordshire, and Wiltshire are confirmed as new members of LGPS Central, as the pool seeks to help break a deadlock at the Isle of Wight LGPS fund.