All Pensions UK (formerly PLSA) articles – Page 4
-
NewsPension schemes to disclose performance under VfM rules
Pensions schemes will be required to disclose investment performance, net of all costs, as part of the new value for money framework.
-
OpinionWe need to teach people about money, not just maths
Scottish Widows’ Robert Cochran explains how the recent pledge to extend numeracy education in schools should also include financial matters.
-
NewsTPR urges trustees to support DC savers amid economic challenges
The Pensions Regulator has said savers must be supported during current economic volatility amid concerns the value of some defined contribution pots has fallen.
-
NewsInflation drives 18% surge to ‘minimum’ cost of retirement
Retirees trying to achieve a basic standard of living will have seen their expenditure increase over the past year by almost 20 per cent due to high inflation, according to the Pensions and Lifetime Savings Association’s retirement living standards.
-
NewsTPR rejects claim of having pressured schemes into LDI
The Pensions Regulator has pushed back against a suggestion put to the watchdog by MPs that it pressured some pension schemes towards liability-driven investments, when they did not think LDI was appropriate for them.
-
NewsRailways Pension Scheme manager updates voting policy
On the go: Railpen, the manager of the £35bn Railways Pension Scheme, has introduced new voting policies on cyber security, climate transition and biodiversity, and mental health for its 2023 annual meeting season.
-
NewsFCA bans third-party dashboard consumer charges
The Financial Conduct Authority will prohibit third parties from charging customers for services linked to pensions dashboards as part of its regulatory framework for the initiative.
-
Opinion
Staying O:pen to diversity and inclusion
Travers Smith partner Andy Lewis details the benefits of fostering diversity and inclusion in the pensions industry and the contribution made by a new cross-industry initiative.
-
NewsSwitching providers too difficult for employers, DWP finds
Companies rarely switch pension providers as the process is too onerous, the Department for Work and Pensions has discovered.
-
PodcastsPodcast: LDI, PLSA and PIPAs - looking back with Andy Cheseldine
Podcast: Andy Cheseldine, professional trustee at Capital Cranfield and chair of the Small Pots Co-ordination Group, joins Pensions Expert to discuss market turmoil, the recent PLSA conference, small pots and the 2022 Pension and Investment Provider Awards.
-
NewsQuarter of workers unaware of workplace pension contributions
On the go: More than a quarter (26 per cent) of UK workers do not know how much they contribute to their workplace pension each month, according to new research commissioned by Standard Life.
-
NewsTPR’s Counsell: DB schemes are not at risk of collapse
Defined benefit pension schemes were not on the verge of collapse before the Bank of England’s gilt market intervention, the Pensions Regulator’s chief executive Charles Counsell has said.
-
NewsTPR moots LDI power of attorney as Bailey rules out more support
The Pensions Regulator has called on defined benefit pension schemes to review their liquidity, liability hedging and governance processes, suggesting that managers of their liability-driven investments could be granted power of attorney over some assets to quicken trading.
-
NewsPLSA pension reforms ‘could add £4,000 to retirement income’
The Pensions and Lifetime Savings Association has warned that without reform of the pensions system, more than half of savers will fail to meet the retirement income targets set by the Pensions Commission in 2005.
-
NewsLDI: Pension funds appeal for more BoE support
Market moves: Some pension funds think the Bank of England’s gilt market intervention should go further, while schemes pull capital out of multi-asset credit funds.
-
NewsCost of living crisis fuels enquiries on amending contributions
On the go: One in five of the pension schemes surveyed by the Pensions and Lifetime Savings Association have received enquiries from savers about reducing or stopping their pension contributions.
-
NewsGrime artist Big Zuu encourages pension talk
On the go: Grime artist and TV cook Big Zuu has produced a song and accompanying video calling on people to ‘Pay your pension some attention’, as part of a wider campaign.
-
NewsPensions dashboards standards need ‘extensive user testing’
Respondents to the pensions dashboards standards consultation have warned that user testing and experience will be required before a full assessment can be provided.
-
NewsExperts question timing of pensions awareness season
Commentators have queried the timing of the pensions awareness season starting later this year, which will take place during a mounting cost of living crisis ravaged by high inflation, surging energy bills and flagging consumer confidence.
-
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.