All articles by Stephanie Hawthorne – Page 11
-
News
Investment Association in push for more black fund managers
On the go: The Investment Association is leading a drive to recruit more black fund managers, after a new report revealed the poor extent of black representation in the industry.
-
Features
Are DC defaults still lagging on ESG?
Master trust Nest is ahead of the curve when it comes to environmental, social and governance considerations, and while other schemes are catching up, there is still a lot of progress to be made.
-
News
Fate of Arcadia on a knife edge
On the go: A crucial vote takes place today on a rescue package for Sir Philip Green’s beleaguered Arcadia Group.
-
News
Nest to divest all tobacco holdings
On the go: Nest is to sell all its tobacco shares, the master trust has announced, as it warned of impending regulatory backlash against the sector.
-
News
Trustee fined for tardy transfer and reported to TPR
On the go: The Pensions Ombudsman has upheld a complaint against the trustee of the Commando 2012 Pension Scheme for failing to a pay a transfer payment within the statutory time frame.
-
News
Trustees face tougher ESG disclosure rules from 2020
On the go: Regulations have been laid in Parliament today that impose tougher disclosure rules for trustees on their stewardship and engagement policies.
-
News
Arcadia future hangs in balance as crucial vote delayed
On the go: Sir Philip Green’s Arcadia Group postponed a creditors’ meeting until June 12, after the floundering company failed to secure sufficient initial support from landlords.
-
News
Rolls-Royce and L&G complete record £4.6bn deal
On the go: Rolls-Royce has completed a partial buy-in on the way to buyout in excess of £4.6bn, securing the benefits of around 33,000 members of the Rolls-Royce UK Pension Fund.
-
News
Green seals vital deal with TPR to bolster pension fund
On the go: In a last-minute attempt to save his Arcadia empire on Tuesday night, Sir Philip Green sealed a deal with the Pensions Regulator that has the backing of the Pension Protection Fund for a crucial restructuring of the business.
-
News
Regulator announces authorisation application from new master trust
On the go: The Pensions Regulator has revealed that a total of 39 master trusts have applied for authorisation, including one new master trust, as it indicates that new master trust schemes will face tougher supervision.
-
News
More than £90bn saved in workplace pensions in 2018
On the go: Auto-enrolment continues to motor ahead with £90.4bn saved in workplace pensions last year, up £7bn from 2017, according to recent figures published by the Department for Work and Pensions.
-
News
ESG risks could mean shallow returns for fish farming investors
On the go: Climate change could cripple the $230bn (£182bn) aquaculture industry, posing a hazard to pension fund investors, a new report by the Farm Animal Investment Risk and Return Initiative has revealed.
-
News
UCU chief urges Trinity College to backtrack on USS exit
On the go: The University and College Union has written a last ditch open letter urging the fellows of Trinity College at the University of Cambridge to reconsider their withdrawal from the Universities Superannuation Scheme.
-
News
Former charity chief pleads not guilty in £250k fraud
On the go: The former head of a charity for the disabled has pleaded not guilty to defrauding the charity’s pension scheme at a hearing at Winchester Crown Court on Tuesday.
-
News
DB members transferring face adviser shortage as regulations bite
On the go: Nearly seven out of 10 advisers are wary of advising on defined benefit transfers, according to Aegon Research.
-
News
AMNT blasts managers’ ‘blanket refusal’ to accept scheme voting policies
On the go: The Association of Member Nominated Trustees has lodged a formal complaint with the Financial Conduct Authority as asset managers of pooled funds, in almost a “blanket refusal”, are not accepting the stewardship voting policies of their pension scheme clients.
-
News
600 Group completes £201m buyout with PIC
On the go: Yorkshire-based engineering firm 600 Group has finalised the buyout of its UK pension scheme liabilities with Pension Insurance Corporation.
-
News
TPR replaces DC pension trustees at Dunnes Stores
On the go: Pension trustees at Northern Irish high street retailer Dunnes Stores have been stopped by the Pensions Regulator from running the company’s defined contribution scheme.
-
News
Schemes set to face UK credit capacity crisis
On the go: With two-thirds of FTSE 350 pension schemes in negative cash flow, fears are mounting that there may not be enough high-quality assets to go around.
-
News
MoJ underpays pension payments to 25 judges
On the go: The Ministry of Justice has short-changed 25 members of the Judicial Pensions Scheme who have been underpaid in their pensions. The underpayments totalled £53,917.