All Pension Schemes Bill articles – Page 2
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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.
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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.
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NewsMajority of DB schemes ‘need covenant work’ before surplus can be released
Covenant experts say pension fund trustee boards must ensure their sponsor covenant information reflects their surplus position and is appropriate to support any future surplus release decisions.
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OpinionABI: Supporting the ‘Pay Your Pension Some Attention’ campaign
It’s Pensions Awareness Week, and Emily-Mae Collins of the Association of British Insurers outlines the many positive intiatives that will help consumers pay their pension some attention.
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NewsBigger and better schemes will help fill in ‘pension potholes’, says Bell
Pension scheme consolidation is helping improve outcomes for UK savers, but more work needs to be done to stop a generation of pensioners slipping into poverty, the pensions minister has said.
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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.
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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.
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NewsGovernment to remove LGPS investment power from Pension Schemes Bill
The government has proposed to remove a paragraph in the Pension Schemes Bill that would have given it the power to direct investments by LGPS asset pools.
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In DepthAmendment Watch: What changes are being proposed to the Pension Schemes Bill?
More than 270 amendments to the Pension Schemes Bill have been put forward for consideration by the parliamentary committee scrutinising the draft legislation. Pensions Expert looks at some of the most significant proposals.
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NewsBell fights back as pensions industry unites against investment mandation
Pensions minister Torsten Bell has argued that the proposed reserve power to mandate investments, contained in the Pension Schemes Bill, is necessary because of a “collective action problem” across the industry.
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NewsScottish LGPS funds to come in scope of Pension Schemes Bill
The pensions minister has tabled a series of amendments to the Pension Schemes Bill aimed at bringing Scottish Local Government Pension Scheme funds into the scope of the bill.
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NewsGovernment seeks to mitigate Virgin Media issue with Pension Schemes Bill amendments
Trade bodies, including the representative groups for actuaries and pension lawyers, have been lobbying the Department for Work and Pensions for months in relation to the issue, which relates to the interpretation of section 37 of the Pension Schemes Act 1993.
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NewsLib Dems table ‘universal advice’ amendment to Pension Schemes Bill
Liberal Democrat and Plaid Cymru MPs have tabled several major amendments to the Pension Schemes Bill as a parliamentary committee prepares to scrutinise the proposed legislation.
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OpinionThe Friday Takeaway: All eyes on parliament
The Pension Schemes Bill will be scrutinised by a committee of MPs next week, and there’s the prospect of another pensions-related bill on the horizon too, if the regulator gets its way.
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NewsPensions UK to lobby for changes to mandation rules in Pension Schemes Bill
The retirement industry trade body is to step up lobbying against investment mandation when the Pension Schemes Bill returns to parliament next week.
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NewsBorder to Coast could reach £110bn as seven LGPS funds seek to join
Seven members of the ACCESS LGPS pool have stated their intention to switch to Border to Coast, a move that would significantly increase the latter pool’s assets under management.
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NewsShould pension schemes access illiquid markets through investment trusts?
Former pensions minister Baroness Ros Altmann is among those calling for closed-ended listed funds to be included in the scope of the Pension Schemes Bill to give more options for private markets investment.
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NewsPension funds bring in Australian ratings firm to support value for money work
SuperRatings – which assesses Australian superannuation funds – attended an industry event to help UK pension funds and regulators develop this country’s value for money regime.
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FeaturesFive Questions For… Morten Nilsson, Brightwell
Pensions Expert spoke to Brightwell chief executive Morten Nilsson about the government’s surplus release plans, and how he envisages sharing the BT Pension Scheme’s experiences with the wider market.
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FeaturesCase study: First Bus bypasses master trusts for a bespoke DC route
First Bus’ defined contribution (DC) pension scheme has opted not to consolidate into a master trust so far. Head of pensions Muntazir Hadadi explains why, with contributions from the scheme’s lawyer and members.