All Trustees articles – Page 25
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OpinionShould your DC scheme move to a mastertrust?
It is no secret that mastertrusts have been steadily increasing in popularity over the past few years, but are they the right solution for your scheme?
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Opinion
How to monitor the effectiveness of your trustee board
Amid an increased regulatory focus on governance and trusteeship, Independent Trustee Services’ Rachel Croft explains how trustees can monitor and review their own performance alongside external feedback.
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Opinion
Are the days of the lay trustee numbered?
Pensions Expert 20th Anniversary: For all that is made of the asymmetry of knowledge in the trust-based pension system, anecdotes abound of times when lay trustees have proved their worth.
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FeaturesRoyal Insurance Group overhauls trustee board
The Royal Insurance Group Pension Scheme has reduced its trustee board size and changed the way member-nominated trustees are appointed, saying the move will save costs and make governance more efficient.
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News
TPR campaign outlines governance basics
The Pensions Regulator has launched a new campaign directed at trustees and their advisers, as part of a wider push to raise governance standards, but experts say its success relies on collaboration and engagement from all stakeholders.
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Opinion
How pension schemes allocate to EMD
The benefit of pursuing diversification and long-term risk-adjusted return opportunities is widely known.
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Features
How to make sure a scheme merger runs smoothly
Analysis: A desire to cut costs and harmonise pension provision often drives companies with multiple defined benefit pension funds to consolidate their schemes, but experts say there are a number of factors trustees and employers should bear in mind to ensure a smooth merger.
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News
PLSA urges schemes to focus on ‘inputs’
A new report on pension scheme governance calls for greater focus on improving the quality of structures and personnel, or ‘inputs’, and argues that processes have received excessive attention.
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Opinion
How do you pick a good pensions manager?
Any Other Business: From supervising providers and monitoring scheme performance to managing key relationships, the modern day pensions manager is now the ultimate multitasker. So how easy is it to find the perfect candidate?
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NewstPR greenlights British Steel RAA
The Pensions Regulator has granted initial approval for the restructuring of the British Steel Pension Scheme, which will see members offered revised benefits at a level above those provided by the Pension Protection Fund.
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FeaturesBayer latest scheme to move to mastertrust
Pharmaceutical company Bayer has closed the defined contribution section of its pension plan and transferred members to a mastertrust, a move experts say has become increasingly common in recent years.
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OpinionPractical steps to improve trustee diversity
To many people the adage ‘pale, male and stale’ will resonate in the context of pension scheme trustee boards, but diversity, in this setting, means more than simply altering the gender balance, writes Peter Askins.
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OpinionSleeping on the job – a hazard for trustees
From the blog: The long-running dispute involving the Coats Group defined benefit schemes finally came to a conclusion last month: the Pensions Regulator’s anti-avoidance investigation into Coats resulted in a £74m settlement for the third and final DB scheme under investigation.
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OpinionWill the FCA market study revolutionise pensions?
AB Global’s David Hutchins on why the recent final report on asset management will set a welcome direction of travel, and why both consultants and trustees should be brought within the FCA framework.
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OpinionHow consultants can prepare for scheme consolidation
Avida International’s Bart Heenk explains why consultants should embrace scheme consolidation, and how they can prepare for change.
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Opinion
How are DGFs being used in DC?
How are defined contribution schemes using diversified growth funds, and what roles do member engagement and cost constraints play? Naomi L’Estrange from 2020 Trustees, Shuntao Li from Barnett Waddingham, Neil McPherson from Capital Cranfield, Murray Taylor from JLT Employee Benefits, and Percival Stanion from Pictet Asset Management discuss DGFs in DC and the issue of fees.
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OpinionGDPR: Why trustees need to take notice
Claire Bell explains how schemes should prepare to comply with the new data protection regulation ahead of its launch next year.
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Opinion
How do trustees choose the 'right' consultant?
The Financial Conduct Authority’s final report on the asset management market revealed that the investment consulting sector has not escaped the watchdog’s scrutiny, but pinning down criteria for a good consultant is not easy.
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FeaturesHP sets up trustee company in simplification push
The Hewlett Packard Limited Retirement Benefits Plan has changed the structure of its trustee board to a trustee company, in a move to simplify processes while increasing scrutiny of trustee actions.
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NewsBA judgment shows value of diligent minute-taking
British Airways has lost a legal battle against the Airways Pension Scheme involving the trustees' decision to introduce a 0.2 per cent discretionary increase, as experts have stressed the importance of carefully documenting all decision-making processes.