All Society of Pension Professionals articles
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OpinionSPP: Is tail risk starting to wag the dog?
Adrian Bourne, co-chair of the Society of Pension Professionals’ covenant committee, outlines recent changes to the ‘value at risk’ measure for DB pension schemes and what trustees and other stakeholders must now consider.
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NewsChanging state pension age does not tackle wider retirement concerns, SPP warns
The SPP warns that relying solely on raising the state pension age implies that it could increase to 75 or beyond in the coming decades, which would “present significant political and social difficulties and would fundamentally alter retirement expectations”.
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OpinionRaising professional trustee standards as TPR plans oversight
Andy Boorman, a professional trustee and member of the Society of Pension Professionals, explains the importance of the regulator’s work on trusteeship and the need for high standards of professionalism and independence.
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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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NewsMore clarity needed on targeted support proposals, industry tells FCA
The Association of Professional Pension Trustees, the Society of Pension Professionals, and the Association of British Insurers have all called for changes to the regulator’s proposals for targeted support.
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NewsSPP highlights pensions industry apprenticeships as A-level results land
As school students across England, Wales and Northern Ireland receive their A-level results, the Society of Pension Professionals has highlighted a range of apprenticeships offered across the retirement industry.
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OpinionSPP: How the government’s proposed DB surplus release rules will work
In one of the biggest changes to the rules for defined benefit schemes in years, trustees will soon be allowed to relax rules around releasing surpluses. Bina Mistry of the Society of Pension Professionals explains how this could work.
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OpinionKeeping up the fight against pension scams
With the Financial Conduct Authority consulting on changes to transfer rules, the Society of Pension Professionals’ David James looks at how to update the rulebook to better protect members from potential scams.
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NewsGovernment urged to ‘seriously reconsider’ LGPS proposals
Industry commentators have warned of challenging timelines to achieve the government’s plans for the LGPS, while significant improvements to funding call into question the need for reform.
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NewsOutlook 2025: The pensions industry’s wishlist for the new year
Pensions Expert spoke to six major industry groups to find out what they want to see happen in 2025, from the Pensions Review and the Pension Schemes Bill to trustee powers and improvements to member outcomes.
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NewsProductive finance agenda ‘interferes with fiduciary duty’
The UK government wants to channel pension scheme investment into UK assets, which sits in tension with trustees’ legal obligation to invest in the interest of their members.
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NewsMore ESG reporting raises risk of legal challenges for trustees
A lawyer has warned of increased litigation risk over environmental policies, saying that “it will only take one case for duties to be extended or flexed”.
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NewsIndustry calls for change to levy rules as PPF seeks to raise £100m
Current rules mean the PPF cannot stop taking a levy without compromising its ability to raise capital in the future.
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FeaturesThe increasing appetite for nature-based investment
A poll by the Society of Pension Professionals has found growing interest in nature-related risks and opportunities as momentum grows globally.
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News‘Systemic risks’ in rushing to embrace insurer buyouts, warns SPP
In its Vision 2030 report, the Society of Pension Professionals (SPP) warned that insurance buyouts ‘may not always be the answer’ and diversification of endgame options beyond government gilts was needed to secure the long-term future of all pension schemes.
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NewsSPP: Decumulation reforms must build on successes of auto enrolment policies
The Society of Pension Professionals (SPP) has issued feedback to the the Department of Work and Pensions (DWP)’s consultations on small pots and helping savers understanding their pension choices/decumulation.
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NewsPension schemes delaying dashboard work to concentrate on more 'pressing' projects
An SPP survey found nearly three quarters of consultants had seen a slowdown in related activities since a delay to the implementation of the pensions dashboard.
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FeaturesWill DC consolidation present master trusts with crock of gold?
Within a decade, some 15 or more master trusts will have disappeared. Today, 36 players jockey for pole position. What will this huge transition mean for trustees, sponsors, and members, asks Stephane Hawthorne?
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NewsTiming and flexibility concerns raised over LGPS climate reporting
The pensions industry has expressed its concerns to the government over proposals surrounding new requirements for Local Government Pension Scheme funds to produce climate risk reports, citing fears over the timescale imposed and a lack of flexibility.
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NewsTPR approached a ‘number of times’ by capital-backed consolidators
The Pensions Regulator has been approached a “number of times” by companies working on capital-backed consolidation models, according to Charles Counsell, who has called for superfund legislation.