All articles by Pensions Expert – Page 25
-
News
Committees question Santander, FSB and Carillion shareholders
Both the Work and Pensions Committee and Business, Energy and Industrial Strategy Committee have written to the Federation of Small Businesses, HM Revenue & Customs and major shareholders in Carillion to try to get a better idea of operations at the construction outsourcing company.
-
News
Nest amendments put before parliament
The government has responded to its consultation on the draft National Employment Savings Trust (Amendment) Order 2018, and laid it before parliament on Monday.
-
News
British Steel scheme consultation closes
The British Steel Pension Scheme has closed its 'Time to Choose' consultation, with the scheme receiving responses from 97,000 of its 122,000 members.
-
News
CWU and Royal Mail reach agreement
The Communication Workers’ Union has announced that it has agreed a deal with Royal Mail over pensions and pay.
-
News
GMB union hits out over pension funding in water industry
Trade union GMB attacked Prime Minister Theresa May over her statement in the Observer that she would "fine greedy bosses who betray their workers".
-
News
UUK will 'consider reintroducing DB' after DC switch
Universities UK has put forward a proposal to change the pension benefits for academics to defined contribution from April 1 2019, but has committed "to consider in three years’ time if defined benefits can be reintroduced should the scheme’s funding conditions improve".
-
News
Carillion directors called to joint inquiry
The Work and Pensions Committee and the Business, Energy and Industrial Strategy Committee are starting a joint inquiry into the collapse of Carillion, which has left thousands of employees and pension scheme members in limbo.
-
News
Scammers ordered to pay back £13.7m
In a case against four people, the Pensions Regulator has for the first time obtained an order from the High Court to make the defendants repay the funds taken from their victims.
-
News
Cost of pensions tax relief at record £24bn
The cost of providing tax relief on workplace pension contributions is set to exceed £24bn in 2017-18, according to figures published by HM Revenue & Customs on Tuesday.
-
News
Border to Coast pool makes senior appointments
The Border to Coast Pensions Partnership has appointed an interim chief investment officer, chief risk officer and head of equities and alternatives.
-
News
GMP interim solution for public service pensions extended until 2021
The government has extended its interim solution for indexation and equalisation of guaranteed minimum pensions in public service schemes, and plans to look into the conversion method as an alternative during that time.
-
News
Academics back strike action over USS DB closure proposal
Staff strikes are set to cause significant disruption across 61 of the UK's universities in February, after union members voted to take industrial action over changes to their pension provision.
-
News
Consultants commit to flagging ESG factors
Sixteen investment consultancy firms have said that they will seek to ensure that pension schemes take into account environmental, social and governance factors where they are financially material.
-
News
May promises to stop pensions being put at risk
Theresa May has promised to stop executives from putting pensions at risk.
-
News
High Court rules against proposed BT scheme CPI switch
Telecoms giant BT wanted to switch the measure by which pensions increase from the retail price index to the consumer price index, but the High Court has ruled against this change.
-
News
PPF releases update on contingent asset agreements
The Pension Protection Fund has published revised standard form agreements for contingent assets, along with new guidance. The update follows the December publication of the final rules for the PPF Levy for 2018-19.
-
News
Select committee questions TPR on Barclays scheme sponsorship
The Work and Pensions Committee is questioning the Pensions Regulator on the sponsorship of Barclays Bank’s pension scheme in relation to the company’s restructuring plans.
-
News
Chappell to be sentenced next month
The Pensions Regulator has said the sentencing of former BHS owner Dominic Chappell, who was found guilty of withholding information from the regulator, will take place on February 23.
-
News
DWP publishes four-year plan
The Department for Work and Pensions has has ruled out ditching the triple lock and has pledged to continue providing means-tested pension credit, as it set out its objectives for the next four years.
-
News
TPAS publishes guidance for self-employed
The Pensions Advisory Service has launched an information and guidance 'Spotlight' document focusing on the self-employed. It is also aiming to raise pension awareness among the self-employed with a social media campaign.