All Zedra articles – Page 3
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News
Pensions Institute: Relax DB promises to tackle PPF drift
Stressed schemes and employers should be allowed to reduce pension increases and gain easier access to Pension Protection Fund-plus benefit-restructuring methods in order to minimise “PPF drift”, a new academic paper has said.
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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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Opinion
Is professionalism the answer to the governance dilemma?
A trend among schemes towards delegation and using professionals means the question how trustees can monitor those who advise them becomes ever more pressing.
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News
Employers urged to actively manage covenant
Employers and schemes must take a more active approach to managing their pension liabilities to improve covenant strength, experts say.
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OpinionAt what point should schemes begin to limit transfers?
PTL’s Richard Butcher explains why cash equivalent transfers are not just about the finances.
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News
Governance overhaul required to solve DB woes
An overhaul of trust-based pension schemes to separate trustee ‘directors’ from professional managers could have prevented a crisis in defined benefit pensions, a new report has claimed.
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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.
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News
Advice suitable but disclosure too complex, finds FCA
The Financial Conduct Authority has published the findings from its review into the suitability of pensions and investment advice, but while the results are reassuring, experts say more needs to be done to make advice less convoluted.
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Opinion
NHS attacks put cyber security back on the agenda
Pensions administrators have urged schemes to review their cyber security arrangements and question their advisers' practices after the WannaCry ransomware targeted British organisations including the National Health Service.
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Opinion
Should trustees review their advisers more often?
Analysis: There are myriad tasks involved in running a pension scheme, so time is precious and efficiency is key. But when it comes to evaluating advice, how can trustees measure performance, and should they be reviewing their consultants more frequently?
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OpinionHow to ensure your consultants are not conflicted
There are a number of crucial points trustees should consider in making sure their advisers’ conflicts are appropriately managed, says Matt Riley from PTL.
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Opinion
Mastertrusts have the next milestone in sight
Mastertrusts are on their way to becoming a dominant force in the UK pensions system, having woven themselves into the fabric of workplace defined contribution provision.
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News
Employee pension preference could brighten the DC picture
Weighting an employee benefits package towards pension contributions can make a role more attractive to high-quality candidates, a new report has found, showing residual interest in retirement saving among the defined contribution generations.
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News
TPR guidance: Welcome set of principles or waste of time?
While some have welcomed the Pensions Regulator’s recently published and extensive collection of investment guidance for those running defined benefit pension schemes, there are some concerns over the effectiveness of the information for time-stretched or less diligent trustees.
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FeaturesJohn Laing targets speedy return to full funding
The John Laing Pension Fund has agreed a recovery plan worth £171m to be paid over seven years by its sponsor, infrastructure investor John Laing, following an actuarial valuation.
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OpinionHow schemes can use credit in uncertain times
How should pension fund investors use credit? Where can the best opportunities be found, how liquid is the asset class, and how important is it to have the right manager? Five specialists discuss the pros and cons of credit assets in a rapidly changing world.
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Opinion
Does credit investment all come down to manager selection?
What made a successful credit investor over the past year? Does bottom-up analysis still matter in world shaped by macro events? Bestrustees’ Bob Hymas, PGIM’s Jonathan Butler, PTL’s Richard Butcher, Redington’s Greg Fedorenko and Willis Towers Watson’s Chris Redmond share their views in the final part of our fixed income roundtable.
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News
CDC could refocus industry on purposeful finance
Refocusing the industry on the purpose of finance could deliver huge benefits to UK pensions, a new academic paper has suggested, as calls were lodged for the resurrection of collective defined contribution.
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Opinion
Which types of credit generate the highest returns?
How have different credit types performed, and why should schemes tread carefully when it comes to direct lending? Bestrustees’ Bob Hymas, PGIM’s Jonathan Butler, PTL’s Richard Butcher, Redington’s Greg Fedorenko and Willis Towers Watson’s Chris Redmond share their views.
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NewsPLSA ‘superfunds’ solution gets lukewarm reception
The Pensions and Lifetime Savings Association is calling on the government to facilitate consolidation while creating a regulatory framework for the creation of superfunds, but the proposal has seen a muted response.