All Opinion articles – Page 91
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Opinion
Editorial: The same, except very different
As soon as we got one answer, we were left with a huge number of questions.
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Opinion
Four steps to a targeted, practical covenant review
The latest defined benefit code of practice puts the employer covenant where it should be – right at the heart of all funding and investment decisions that trustees make.
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Opinion
Here today, here tomorrow – why smart beta is not a fad
Do you need exposure to markets in a cost-efficient way that properly rewards the risks you’re running? Of course.
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Opinion
Regulator: the AE capacity crunch has not materialised
Twelve months ago, there were rising concerns among commentators of the industry’s ability to cope with the volumes of employers staging in the spring of 2014.
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Opinion
How to deal with renegade trustees at your scheme
Any other business: It has been a month where companies, governments and journalists have been accused of a personal bias. How do you ensure your trustees leave their personal interests at the door?
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Opinion
Active managers dealt another blow, but schemes still loyal
A survey released this week found passive funds outperformed active funds by 4.7 per cent over the past five years, adding fuel to the fire of the active versus passive management debate.
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Opinion
Editorial: Into the unknown?
The prospect of Scottish independence has moved in the past week from an interesting theoretical question to a huge potential headache.
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Opinion
Why UK schemes lose out to nimble overseas competitors on infrastructure
Infrastructure has been a hot topic among UK schemes over the past couple of years. With its long-term matching characteristics, it seems like a perfect fit for schemes looking to match liabilities, but inflows have been muted.
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Opinion
An investor's guide to how the DGF market is developing
In the past few years, we have seen a wholesale move by pension schemes to invest in diversified growth funds.
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Opinion
Fid man take-up stubbornly slow: five key charts
Fiduciary management in the UK has long been marketed/talked about, with the promise of taking the responsibility for ever more complicated everyday investment decisions off the hands of trustees seeming almost too good to be true.
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Opinion
Webb: My pension schemes bill is focused on the saver's experience
Last week, I had the privilege of introducing the pension schemes bill to Parliament, and seeing it receive an unopposed second reading.
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Opinion
Emerging markets were overplayed, but not any more
Investec’s Atul Shinh gives three reasons why pension fund investors should get back on the emerging markets bandwagon, in the latest edition of Informed Comment.
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Opinion
Break up or make up? How to handle a split with your advisers
In trying to get the best outcomes for members, schemes may have to dump advisers from time to time. This can be costly, stressful and time-consuming, so what is the best way to ensure a smooth transition?
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Opinion
Editorial: Raise the diversity question
“Whilst we’ve got some problems in the business, I also know that all of the answers are already here.” That was new Tesco boss Dave Lewis talking in a company interview posted last week.
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Opinion
What you need to know from the pension schemes bill second reading
This week the new pensions bill had a second reading in the House of Commons, the first opportunity for members of parliament to debate its main principles.
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Opinion
Is the wave of risk-modelling software worth the price tag?
The recent wave of online risk-modelling software entering the pensions market will eventually translate into a greater use among pension funds. But what do they really do and are they worth the cost?
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Opinion
Why longevity swaps and LDI are losing out in current market conditions
The menu of bulk derisking transactions for pension schemes typically includes longevity risk transfers, buy-ins and buyouts, and liability-driven investment mandates.
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Opinion
Altmann: Eight building blocks of the guidance guarantee
The majority of defined contribution scheme members have hitherto been effectively forced into annuity purchase, unless they had very large or tiny pension funds.
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Opinion
The rise and rise of cash in lieu for FTSE 100 execs
It seems we have reached a tipping point where defined benefit is no longer the most common pension arrangement of FTSE 100 companies.
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Opinion
Does your trustee board have a women problem?
Any other business: The prime minister is not the only one facing questions over diversity. A quick glance around the pensions industry shows white, middle-aged men make up the majority of trustee boards.