All NOW Pensions articles
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NewsUK’s largest pension funds back regional investment drive through ‘Sterling 20’
The move builds on the Mansion House Accord agreed in July, and will be launched at the government’s inaugural Regional Investment Summit in Birmingham.
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NewsNow Pensions slapped with £100k fine for reporting failures [updated]
The master trust and its trustee company have been fined £50,000 each over communication failings and issues around reporting incidents to the Pensions Regulator.
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In DepthIn Depth: 40% of master trust memberships could consolidate, study finds
A major data exercise carried out by some of the UK’s biggest master trusts has shed light on the challenges of consolidating small pension pots and rolling out pension dashboards.
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FeaturesHow master trusts are leading the charge on decarbonisation
The latest TCFD reports from the country’s biggest DC master trusts confirm sustained improvements on carbon emissions. How can they take the next step on their sustainability journeys?
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NewsNOW Pensions accelerates climate action
A massive 76% of total holdings in the diversified growth fund are now directly linked to the trustee board’s responsible investment objectives.
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NewsMore than 8.6mn missing out on workplace pension savings
On the go: More than 8.6mn people from “underpensioned” groups are missing out on workplace pension savings, according to a report by Now Pensions.
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NewsDC providers fail to commit to ending fossil fuel expansion
None of the UK’s 20 largest defined contribution pension providers have explicit policies aiming to end fossil fuel expansion, a campaign for improving the environmental credentials of pensions has claimed.
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NewsOpperman moots abolishing member-nominated trustees
Pensions minister Guy Opperman has raised the possibility of scrapping member-nominated trustees, demanding a surge in professional trustees as part of his plans for consolidation in the defined contribution space.
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NewsPensions engagement campaign to launch this autumn
On the go: The first iteration of a new pensions engagement campaign created by the Association of British Insurers and the Pensions and Lifetime Savings Association will run from September to November.
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NewsUnion takes Bolt to court over pension rights
GMB union is taking ride-hailing service Bolt to court in a bid to grant its drivers employment rights including pensions, while Uber has promised a Sharia-compliant pension fund for its drivers by October.
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NewsSmall pots member exchange trial scuppered by NMPA
A trial being developed by three master trusts to exchange small pots has ground to a halt before it even started, due to the new normal minimum pension age rules, and will only be able to advance if new legislation is introduced.
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NewsWomen need to work an extra 18 years to match male pension pots
Women are reaching retirement age with the biggest pension savings gap on record, according to new research.
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NewsMaster trusts call for AE rate increase with opting down option
Pension specialists are calling for the government to introduce an opting down option when setting the next auto-enrolment minimum rate increase as a way of protecting those on lower earnings.
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NewsUber faces legal action over Sharia compliant pension arrangements
On the go: The App Drivers & Couriers Union has started legal action against Uber for failing to make Sharia-compliant pension arrangements for its majority Muslim workforce.
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NewsSchemes and providers team up to push pensions engagement
On the go: Around 15 pension providers and schemes representing approximately 41.5mn savers and customers have committed to support a campaign to encourage engagement with pensions.
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NewsMaster trusts and PPI launch new member database
On the go: Five master trusts, including Nest and Now Pensions, have announced a new research project in tandem with the Pensions Policy Institute.
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NewsEvri couriers to be auto-enrolled into pension scheme
Twenty-thousand couriers for Evri, the delivery company that rebranded itself this month from Hermes, will be automatically enrolled into a pension by the end of 2022 after it reached an agreement with the GMB union.
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NewsIndustry anger as new FCF levy goes ahead costing MTs £130mn
The government is to press ahead with an increase to the Fraud Compensation Fund levy, which will see master trusts brunt the majority of the costs paying an extra £130mn over the next nine years, despite their members being the least likely to benefit from it, experts have warned.
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NewsPension giants call govt to adopt AE expansion
Some of the UK pension industry’s big beasts have joined forces to demand an expansion of auto-enrolment to capture young people, part-time workers and those on lower incomes.