All value for money articles – Page 2
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NewsTPR grows investment team and vows to ‘probe’ strategies
The Pensions Regulator has set out its expectations for trustees’ investment strategies and decision-making, as schemes face increased pressure to allocate to UK assets.
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OpinionPlanning a route to better DC outcomes
Why did the pension trustee cross the road? To catch a bus, but also to demonstrate attitudes to risk, as Maggie Rodger of the Association of Member Nominated Trustees explains.
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NewsWhat TPR wants from Value for Money consultation
The regulator has called for industry input on measures of service quality and forward-looking performance metrics to build out its Value for Money framework.
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NewsRegulators propose ‘red-amber-green’ Value for Money framework
FCA and TPR set out approach to DC value assessments, covering investment performance, charges and service quality metrics.
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NewsIndustry casts doubt on elements of Value for Money framework
A traffic light approach to value for money risks oversimplifying, while ensuring alignment with the government’s productive finance agenda could prove difficult, say commentators.
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NewsTPR: Do better on decumulation
The regulator lays out seven challenges that lie between DC savers and a good decumulation outcome.
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NewsThe industry’s wishlist for the autumn statement
Pensions didn’t feature in the King’s Speech – what would the industry like from the autumn statement?
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NewsTPR's Delfas supports Mansion House reforms
Nausicaa Delfas, chief executive of The Pensions Regulator’s said the watchdog welcomed the government’s new package of pensions measures announced by the Chancellor Jeremy Hunt this week.
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NewsTPR: Smaller DC schemes urged to swot up on value for money assessments
Smaller defined contribution (DC) schemes, have been singled out as "failing to meet expectations on assessing value" by The Pensions Regulator (TPR).
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OpinionValue for money consultation is a welcome start to 2023
More work is needed to protect members suffering on retirement, says HSBC Tomorrow Master Trust chief executive Alison Hatcher.
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NewsRegulators fear savers will make ‘wrong decision’ with pensions info
On the go: The Financial Conduct Authority and the Pensions Regulator are worried that giving savers information about how their pension schemes are performing may lead to them making “the wrong decision”.
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NewsTrott: Underperforming schemes to ‘improve, consolidate or exit’
Pensions minister Laura Trott has said pension schemes that are underperforming will need to act and either “improve, consolidate or exit the market”.
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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.
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NewsDWP to announce DC reforms amid cost of living crisis
The Department for Work and Pensions will be announcing a series of reforms to defined contribution saving, in an attempt to curtail the impact of the cost of living crisis.
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NewsDavid Fairs leaves TPR to ‘pursue new challenges’
On the go: David Fairs is leaving his role as executive director of regulatory policy, analysis and advice at the Pensions Regulator in March this year.
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OpinionWe need to shift outdated dialogue to increase member value
HSBC Tomorrow Master Trust chief executive Alison Hatcher sets out measures that the pensions industry can take in order to boost member value.
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NewsUSS annual report shows significant improvement but angers unions
The significant improvement in the Universities Superannuation Scheme’s funding position and resilience has angered the University and College Union, which argued that benefit cuts implemented in April were “totally unnecessary” in light of the scheme’s strength.
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NewsPPF fulfils strategic priorities and may lower the levy
On the go: The Pension Protection Fund has handed out £1.1bn in member payments in the past year, having successfully met its five strategic priorities — and it may now be in a position to consider bringing down the PPF levy as part of a focus shift towards financial resilience.
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NewsOpperman rebuffs Timms’ FAS criticism
On the go: Prior to his resignation, pensions minister Guy Opperman rejected Work and Pensions Committee chair Sir Stephen Timms’ criticisms over the Financial Assistance Scheme compensation cap.