All articles by Nick Reeve – Page 4
-
NewsEndgame options driving fiduciary management’s ‘evolution’, report shows
Large outsourcing agreements are helping to offset the pipeline of DB pension schemes heading for buyout, according to Quantum Advisory, as trustees weigh up more endgame options.
-
OpinionThe Friday Takeaway: Bulk annuities and big numbers
Journalists love big numbers. We love being able to tempt readers in with talk of billions of pounds changing hands in big transactions. Credit: Linda Bestwick/Shutterstock For pensions journalists, a guaranteed source of headline-grabbing numbers over the past few years has been the bulk annuity market. Whether ...
-
NewsDC charges continue to fall amid push to value over cost
WTW’s latest annual DC Pensions and Savings Survey has found that the average charge has fallen from 38bps in 2017 to 28bps this year, with almost two thirds of schemes now charging less than 30bps a year.
-
NewsLPPI mulls taking on Brunel business as final LGPS funds pick pools
The Devon Pension Fund has opted to join LPPI as the pooling reshuffle within the Local Government Pension Scheme continues, with indications that more funds could follow suit.
-
NewsPRA concerns could affect bulk annuity pricing and capacity, says LCP
The regulator’s ongoing work on a niche sector of the insurance market could affect how bulk annuity transactions are priced and structured in the future.
-
FeaturesThree years since ‘mini-Budget’: Healthier schemes but more challenges ahead
Three years on from the drama of the so-called ‘mini-Budget’, Pensions Expert looks back on events and what has changed – as well as looking to where the next big challenges could come from.
-
NewsPPF confirms main levy bill of zero for 2025-26
he Pension Protection Fund will not charge a scheme-based or risk-based levy in 2025-26, it has confirmed, as the Pension Schemes Bill brings in new flexibilities.
-
NewsThe pension fund that put its own sponsor into administration
Pensions Expert uncovers the unusual case of Biwater, recently wound up by the court at the request of the trustees of its defined benefit pension scheme in order to access PPF protection for members.
-
NewsDon’t delay dashboard connection, regulator urges DB schemes
Schemes that fail to connect to the pensions dashboard system by 31 October next year could face regulatory action, the Pensions Regulator has warned.
-
NewsTPR: DB schemes must embrace opportunities of Pension Schemes Bill
Speaking at the Pensions Expert DB Strategic Summit this week, TPR’s David Walmsley urged delegates to embrace the opportunities of reforms currently being developed, including through the Pension Schemes Bill.
-
NewsHandful of providers dominate professional trustee market, data shows
LCP’s annual survey of professional trustees shows a maturing sector with growth slowing amid regulatory scrutiny.
-
NewsBell pledges to scrap PPF admin levy through Pension Schemes Bill
Pensions minister Torsten Bell has pledged to abolish the Pension Protection Fund’s administration levy after an industry campaign against the charge.
-
NewsPensions UK sets out model for small pots consolidation
A new report recommends a “federated” system for consolidating deferred auto-enrolment pots of less than £1,000, using existing technologies and processes where possible.
-
OpinionThe Friday Takeaway: Pay your pensions administrator some attention!
With Pension Awareness Week upon us, Nick Reeve looks at a crucial part of the pensions industry that is finally getting the positive attention it needs.
-
NewsTrustees to shoulder more responsibility for admin improvements, TPR says
The regulator has published a report based on 12 months of engagement with leading administrators and set out areas of strength and challenges that need addressing.
-
NewsSPP pushes for bill amendment to scrap PPF admin levy
Liberal Democrat MPs Steve Darling and John Milne have tabled the amendment to the Pension Schemes Bill, aimed at ensuring the PPF can pay costs from its existing reserves rather than charging defined benefit pension schemes.
-
NewsShell outsources pension investment to Goldman in $40bn multi-country deal
The oil giant’s £11.1bn UK pension fund is one of several involved in an international fiduciary management mandate – one of the biggest ever awarded.
-
NewsBad app experiences could hit VfM assessments, research warns
With customer service set to form a major part of Value for Money assessments, new research shows that there is still much for DC providers to do to improve their digital interfaces.
-
OpinionThe Friday Takeaway: The Hitchhiker’s Guide to the Pension Schemes Bill
Don’t panic about the nearly 300 amendments to the Pension Schemes Bill, writes Pensions Expert editor Nick Reeve.
-
NewsPre-Budget rumours spark record lump sum withdrawals, data shows
UK pension savers withdrew a record £10.4bn from their pensions using their tax-free cash allowance in the six months to the end of March, according to Financial Conduct Authority data.