All The Pensions Regulator (TPR) articles – Page 67
-
OpinionA slippery slope
Editorial: European bank shares slid earlier this week as investors became increasingly worried about banks’ ability to pay coupons on so-called coco bonds, or contingent convertible bonds – bonds that turn into equity if a certain trigger event is taking place.
-
FeaturesBritish Coal derisks to support structural change
The British Coal Staff Superannuation Scheme has revised its asset allocation, which included selling equities and buying government bonds, following changes to the scheme’s structure.
-
News
Transfers to be streamlined as more ask for quotes
The Pensions Regulator will introduce new guidance to ensure transfers between defined contribution schemes are completed promptly, the government said last week. This comes as defined benefit transfer values recovered in January after hitting a low in December.
-
NewsNew report demystifies DC asset security
A new report from the Security of Assets Working Party will provide some much-needed guidance on defined contribution asset security and compensation, advising trustees to adopt a “pragmatic and proportionate approach” to a highly technical area.
-
Opinion
Corporate schemes shore up portfolios with fixed income and LDI allocations
Data analysis: UK corporate defined benefit schemes upped their allocations to fixed income in the last quarter of 2015, data show, as trustees took the opportunity to hedge out further risk by increasing liability-driven investments.
-
OpinionIntegrated risk management: Seeing the bigger picture
What if I told you that a diagram from the Pensions Regulator is an example of the artistic technique of stippling – where individual dots of paint are used to build up a picture? The approach illustrated is essentially a framework on which to hang actuarial funding risk, investment risk and those risks relating to the strength of the sponsor’s business: their own investments, the market in which they operate and their continuing ability to support the pension scheme.
-
News
DC consolidation driven by more than auto-enrolment
The number of people saving into large defined contribution schemes has more than quadrupled since 2009, figures from the Pensions Regulator have shown, as signs of DC consolidation begin to appear.
-
News
Member-borne commission ban could move costs elsewhere
The Department for Work and Pensions has launched a consultation on draft regulations for banning member-borne commission in auto-enrolment schemes, but experts said costs would still need to be shouldered elsewhere.
-
OpinionWhen knowledge is power: how to manage your advisers
Independent Trustee Services’ Janine Wood looks at whether your consultant has too much say in your scheme and how that could change.
-
FeaturesPanning for gold in an age of information
Any Other Business: The mounting complexity of pension trusteeship has been met by a surge of information and intelligence sources. But how can trustees be successful prospectors as they mine the industry for useful nuggets?
-
NewsHomebase M&A deal puts scheme security in the spotlight
Home Retail Group’s defined benefit scheme will receive a £50m cash injection as part of the proposed sale of its Homebase business, underscoring the need for trustees to consider the impact of disposals on covenant strength.
-
News
Strong covenants offer schemes more slack on investment risk
Schemes with strong employer covenants could find it easier to take on more investment risk, experts have said, in light of the Pensions Regulator’s increased focus on integrated risk management.
-
NewsRegulator’s approach withstands first AE judicial review
A High Court ruling has approved the Pension Regulator’s approach to itinerant employees working overseas, providing the industry with clarification on a “grey area” of auto-enrolment legislation.
-
News
Regulator warns small employers with new year AE reminder
The Pensions Regulator has written to small and micro employers across the country reminding them of new workplace pension requirements, but experts say it will need to take a harder line to drive up compliance.
-
Opinion
Tax, cyber crime and covenant guidance: what to look out for in 2016
The pensions industry has had to deal with changes across many fronts in the recent past. 2015 was no exception, bringing proposals for Local Government Pension Scheme pooling, the introduction of freedom and choice and the beginning of re-enrolment.
-
OpinionPensions Regulator: Our expectations of DC trustees
Talking Head: The Pensions Regulator’s chief executive Lesley Titcomb outlines what is expected from defined contribution trustees and how they can influence the new DC code of practice.
-
OpinionAE for smaller employers: Have a plan and tackle it early
The number of small and micro businesses due to start auto-enrolling employees is set to increase dramatically next year. Mastertrust Now Pensions’ Morten Nilsson explains how they should prepare for this change.
-
OpinionHow DC trustees can determine ‘good value’
From the blog: Trustees of occupational pension schemes that provide money purchase benefits are now required to assess and report annually on the extent to which member-borne charges and transaction costs under their scheme represent good value for members.
-
News
Just over half of LGPS have procedures for legal breaches
A little over half of public sector pension schemes have procedures set up to handle breaches of law, but experts have said scheme governance is improving markedly among local government pension schemes.
-
News
Regulator aims to 'eradicate surprises' with risk management guide
The Pensions Regulator has issued a practical guide on integrated risk management to help trustees assess and respond to covenant, investment and funding risks, but experts have said schemes will need additional help.