Latest news

Image for Defined Benefit: Where do we go next?

Defined Benefit: Where do we go next?

Steve Berkovi
Cardano's Steve Berkovi looks at the options for Trustees when faced with the question: to buy-in or to buy-out?

27 February 2015

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Image for AXA Wealth launched new planning model

AXA Wealth launched new planning model

Lindsay Sharman
AXA Wealth is to launch a new financial planning model in response to the planned pension reforms in April.

27 February 2015

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Image for Pensions commission needed to tackle pension uncertainty

Pensions commission needed to tackle pension uncertainty

Lindsay Sharman
A new report has called on the government to introduce a new independent pensions commission to help savers to secure adequate retirement income.

26 February 2015

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Image for Deloitte launched defined benefit pensions master trust

Deloitte launched defined benefit pensions master trust

Lindsay Sharman
A multi-employer pension plan specifically for defined benefit (DB) schemes has been launched by Deloitte.

26 February 2015

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Image for Control freaks versus pensions flexibilities

Control freaks versus pensions flexibilities

Debbie White
Debbie White highlights the concerns raised by fellow director at PASA asking: Are we ready for April?

20 February 2015

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Image for MPs' pension pot under threat from 'carbon bubble'

MPs' pension pot under threat from 'carbon bubble'

Lindsay Sharman
The GBP 478million Parliamentary Contributory Pension Fund is in danger of taking a financial hit if they do not divest from fossil fuels, a group of MPs and Lords has warned.

20 February 2015

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Image for EU launches landmark green paper

EU launches landmark green paper

Lindsay Sharman
The European Commission has launched its landmark project to unlock funding for businesses in Europe.

20 February 2015

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Image for UK Pensions Minister calls for new pensions department

UK Pensions Minister calls for new pensions department

Lindsay Sharman
The government should form a new department to incorporate pensions, long-term savings and care, according to pensions minister Steve Webb.

19 February 2015

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Image for Governance is key

Governance is key

Richard Smith
Richard Smith of Spence and Partners reflects on the issues discussed at the recent ACA conference and discusses the road ahead for pensions.

13 February 2015

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Image for UK pension funds push for responsible investment

UK pension funds push for responsible investment

Lindsay Sharman
Sixteen of the UK's largest pension funds have joined forces to ensure asset managers fulfil the promises they make regarding responsible investment.

13 February 2015

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Image for Lancashire fund to administer fire fighters pension schemes

Lancashire fund to administer fire fighters pension schemes

Lindsay Sharman
A pension scheme for Merseyside fire fighters will be administered by the Lancashire Pension Fund from April this year.

12 February 2015

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Image for Largest African pension fund chooses Standard Bank

Largest African pension fund chooses Standard Bank

Lindsay Sharman
Africa's largest pension fund, GEPF, has chosen Standard Bank to provide a full range of investor services for its R1.5-trillion of assets under management. 

12 February 2015

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Image for 14 Months and Counting, It's Time to Act!

14 Months and Counting, It's Time to Act!

Dennis Mincher
Veratta's Dennis Mincher calls on Scheme advisors to take action regarding the impending contracting-out deadline.

06 February 2015

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Image for New pension freedoms are "chaotic" says deVere CEO

New pension freedoms are "chaotic" says deVere CEO

Lindsay Sharman
The chief executive of the deVere Group has raised concerns about the implementation of the Freedom & Choice agenda, announced by the Chancellor George Osbourne in 2014.

05 February 2015

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Image for Trade union trustee adopts FTSE benchmark

Trade union trustee adopts FTSE benchmark

Lindsay Sharman
An independent trustee of Lighthouse Pensions Trust, which provides pensions schemes designed for auto-enrolment for employers including major trade unions, has announced it is to formally adopt the FTSE UK DC benchmarks.

05 February 2015

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Image for End of the line for NAPF and PMI merger

End of the line for NAPF and PMI merger

Lindsay Sharman
The National Association of Pension Funds (NAPF) and the Pensions Management Institute (PMI) have announced that the two organisations will not be merging

05 February 2015

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Image for LGPS Governance puzzle

LGPS Governance puzzle

Colin Richardson
PTL's Colin Richardson looks at the difficulties all LGPS administrators will face before April

30 January 2015

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Image for PASA highlights top demands on administrators

PASA highlights top demands on administrators

Lindsay Sharman
Reform and policies announced in last year's budget will present the greatest challenges to pension fund administrators, according to The Pensions Administration Standards Association (PASA).

29 January 2015

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Image for ECB quantitative easing announcement provokes mixed response

ECB quantitative easing announcement provokes mixed response

Lindsay Sharman
Industry experts are divided over whether the impact of the larger than expected quantitative easing plans announced by the European Central Bank (ECB) will be positive.

29 January 2015

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Image for 4.8m at risk after pension reforms, says NAPF

4.8m at risk after pension reforms, says NAPF

Lindsay Sharman
A new report from the National Association of Pension Funds has found uncertainty prevails around what to do with pension savings after pension reforms begin in April.

29 January 2015

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Image for Bedfordshire joins Glasgow in fossil fuel commitment

Bedfordshire joins Glasgow in fossil fuel commitment

Lindsay Sharman
The University of Bedfordshire has become the second higher education institution in the UK to commit to not investing in the fossil fuel industry.

23 January 2015

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Image for Freedom of Movement

Freedom of Movement

Ian Neale
Ian Neale debates the issues surrounding flexi-access between schemes. Are transfer restrictions beneficial or a hindrance?

23 January 2015

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Image for F&C Investments expands emerging markets debt team

F&C Investments expands emerging markets debt team

Lindsay Sharman
F&C Investments has hired two senior members to its now eight-strong emerging markets debt (EMD) team.

22 January 2015

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Image for Prudential Retirement completes fifth reinsurance transaction with Rothesay Life

Prudential Retirement completes fifth reinsurance transaction with Rothesay Life

Lindsay Sharman
Prudential Retirement has announced a transaction with Rothesay Life that will provide reinsurance of longevity risk to eight pension schemes.

22 January 2015

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Image for It's the End! (Of Contracting Out)

It's the End! (Of Contracting Out)

Catrina Browne
Catrina Browne of Spence & Partners discusses the imminent separation of HMRC from GMPS.

16 January 2015

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Image for NAPF disappointed with EIOPA's work on solvency

NAPF disappointed with EIOPA's work on solvency

Lindsay Sharman
The European Insurance and Occupational Pensions Authority (EIOPA) should be addressing more pressing issues than a solvency system for pensions, according to the National Association of Pension Funds (NAPF).

15 January 2015

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Image for BlackRock launches alternative to physical real estate

BlackRock launches alternative to physical real estate

Lindsay Sharman
BlackRock has launched the first exchange-traded fund (ETF) that is an effective substitute for physical real estate.

15 January 2015

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Image for Emerging markets present good opportunity for 2015

Emerging markets present good opportunity for 2015

Lindsay Sharman
Emerging markets expert Ashmore has urged investors to keep sight of the big picture despite global volatility in the year ahead.

15 January 2015

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Image for Is it really 2015 already?

Is it really 2015 already?

Peter Nicholas
AHC's Peter Nicholas urges pension funds to inform members of the impact of Budget2014.

09 January 2015

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Image for Change afoot for New Year

Change afoot for New Year

Lindsay Sharman
The influence of the general election, changes to regulation, and ongoing challenges with auto-enrolment are some of the issues facing the industry for 2015, according to experts across the sector.

08 January 2015

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Image for M&G Investments acquires £173.4million Gala Bingo Portfolio

M&G Investments acquires £173.4million Gala Bingo Portfolio

Lindsay Sharman
International investments manager M&G has completed a sale and lease back deal with Gala Leisure Limited on a portfolio of 47 bingo clubs.

08 January 2015

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Image for Sucden sales experts join new foreign exchange service

Sucden sales experts join new foreign exchange service

Lindsay Sharman
Two former Sucden Financial employees have been hired by IS Prime, a foreign exchange brokerage service launched at the end of 2014.

08 January 2015

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Image for Christmas is coming – was 2014 what you expected?

Christmas is coming – was 2014 what you expected?

Emma Adair
Emma Adair of Cardano looks back on another big year for pensions

19 December 2014

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Image for M&G funds £4.9billion of private financing deals

M&G funds £4.9billion of private financing deals

Lindsay Sharman
Diversifying funding sources has been a driving force behind investors' re-financing decisions this year, according to investment manager M&G Investments.

18 December 2014

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Image for Global survey finds investors confident despite market risks

Global survey finds investors confident despite market risks

Lindsay Sharman
A survey of institutional investors that collectively manage $31trillion in assets has found confidence is high across the globe when it comes to meeting long-term objectives.

18 December 2014

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Image for Cutting edge DB service helps trustees simplify process

Cutting edge DB service helps trustees simplify process

Lindsay Sharman
A new fully-integrated and tailored scheme management service for Defined Benefits (DB) pension schemes has been announced by Spence & Partners, a UK pensions actuaries and administration specialists.

18 December 2014

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Image for Are all Christmas Sandwiches the Same?

Are all Christmas Sandwiches the Same?

Iain North
Iain North of Aurum Funds makes a case for hedge funds as a risk reducer, arguing that some critical analysis easily separates the bad apples from the rest of the bunch.

12 December 2014

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Image for Allianz Global invests in refinancing of student accommodation

Allianz Global invests in refinancing of student accommodation

Lindsay Sharman
Diversified global investment manager, Allianz Global Investors (AllianzGI), has invested £119.7 million in the refinancing of the student accommodation project at the University of Exeter.

11 December 2014

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Image for Half of industry expects DB schemes to miss April deadline

Half of industry expects DB schemes to miss April deadline

Lindsay Sharman
Most defined benefit schemes will miss the April 2016 deadline for accurate assessments of members' guaranteed minimum pension (GMP) rights, according to new research.

11 December 2014

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Image for Industry body announced new board

Industry body announced new board

Lindsay Sharman
The Pensions Administration Standards Association (PASA) has announced one new board member and retained three directors after this year's election.

11 December 2014

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Image for The implications of the potential Aviva / Friends Life tie up

The implications of the potential Aviva / Friends Life tie up

Mike Spink
Mike Spink of Spence and Partners reflects on the announcement of the potential mega deal between Aviva and Friends Life.

05 December 2014

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Image for First stage of ground-breaking pension partnership launches

First stage of ground-breaking pension partnership launches

Lindsay Sharman
Lancashire County Pension Fund and the London Pensions Fund Authority have announced the first stage in the development of a ground-breaking Asset and Liability Management Partnership.

05 December 2014

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Image for NAPF publishes global withholding tax relief guide

NAPF publishes global withholding tax relief guide

Lindsay Sharman
A plain-speaking guide to global withholding tax and tax relief on cross-border securities investments has been launched by the National Association of Pension Funds (NAPF).

05 December 2014

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Image for State pension to rise above inflation rate

State pension to rise above inflation rate

Lindsay Sharman
The basic state pension is to rise by around double the rate of inflation, the government has confirmed.

05 December 2014

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Image for US students demand divestment from fossil fuels

US students demand divestment from fossil fuels

Lindsay Sharman
Students in Washington took part in the largest on-campus demonstration in the history of the divestment movement to demand that administrators divest from fossil fuels.

01 December 2014

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Image for HSBC Pension Scheme awards mandate to independent asset manager

HSBC Pension Scheme awards mandate to independent asset manager

Lindsay Sharman
Fulcrum Asset Management this week announced it has been appointed to help manage HSBC's £20bn pension scheme.

28 November 2014

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Image for NAPF survey shows shift towards stewardship

NAPF survey shows shift towards stewardship

Lindsay Sharman
Pension schemes are placing more importance on stewardship when it comes to the selection of asset managers, an annual survey from the National Association of Pension Funds (NAPF) has found.

28 November 2014

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Image for Savers could be missing out on £90,000

Savers could be missing out on £90,000

Lindsay Sharman
Savers could be missing out on as much as £90,000, as a result of the way pensions contributions are calculated, according to NOW: Pensions - a subsidiary of ATP, one of Europe's largest pension schemes.

28 November 2014

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Image for Managing risk in the digital fridge

Managing risk in the digital fridge

Roisin McKeever
Roisin McKeever of Veratta discusses the digital challenges facing companies in the modern information age. 

28 November 2014

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Image for Debunking the myth around small pension pots

Debunking the myth around small pension pots

Girish Menezes
Girish Menezes argues that transferring small pension pots from employer to employer is not always the most efficient action

21 November 2014

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Image for IFM wins Landmark infrastructure mandates

IFM wins Landmark infrastructure mandates

Lindsay Sharman
One of the largest pension funds offered by a local authority has awarded a major infrastructure investment mandate to IFM Investors.

21 November 2014

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Image for Trade association director to head up NEST

Trade association director to head up NEST

Lindsay Sharman
Otto Thoresen, the director general of the Association of British Insurers, is to become the new chairman of the National Employment Savings Trust (NEST) in February.

21 November 2014

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Image for What divides us

What divides us

Ian Neale
 Ian Neale reflects that the removal of age discrimination in pensions is still an ongoing process.  

13 November 2014

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Image for Ever had one of those days? I wonder how many I have left.

Ever had one of those days? I wonder how many I have left.

Peter Nicholas
Despite having spent more than 25 years in the business Peter Nicholas realises it was time to consider his own retirement. 

13 November 2014

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Image for PMI launches guide on pension administration agreements

PMI launches guide on pension administration agreements

Lindsay Sharman
The Pensions Management Institute has launched a best-practice guide for pension administration agreements.

13 November 2014

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Image for Campaign from L&G to get people talking money

Campaign from L&G to get people talking money

Lindsay Sharman
Money and financial planning is a taboo subject in the UK still, despite an aging population, longer working lifespan and recent changes to annuities, new research from Legal and General has found.

13 November 2014

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Image for Rothesay Life announces £185m Makro bulk annuity

Rothesay Life announces £185m Makro bulk annuity

Lindsay Sharman
Rothesay Life has completed a bulk annuity with a pension scheme for former staff of the cash & carry chain, Makro.

13 November 2014

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Image for Pension Funds Online showcases new fund benchmarking tool

Pension Funds Online showcases new fund benchmarking tool

Lindsay Sharman
The NAPF conference wasn't just a success for Bob Geldof and Steve Webb, the PFO team made an impact showcasing the website and the new features.

07 November 2014

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Image for Code of Practice 3 – Funding plans made to measure

Code of Practice 3 – Funding plans made to measure

Angela Burns
The Pensions Regulator implemented a revised version of Code of Practice 3 for funding defined benefit pension schemes.

07 November 2014

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Image for UN secretary general advises pension funds to divest from fossil fuels

UN secretary general advises pension funds to divest from fossil fuels

Lindsay Sharman
The United Nations has become the latest voice calling on pension funds to cut investments in oil companies and other fossil fuel businesses in a bid to tackle climate change.

06 November 2014

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Image for Lack of competition despite growth for fiduciary management, says KPMG

Lack of competition despite growth for fiduciary management, says KPMG

Lindsay Sharman
The UK fiduciary management market has seen mandates almost double year-on-year, according to latest figures from KPMG.

06 November 2014

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Image for Non-disclosure agreements are an 'outrage'

Non-disclosure agreements are an 'outrage'

Lindsay Sharman
Questions have been raised about the fairness of non-disclosure agreements between asset managers and pension funds.

31 October 2014

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Image for Pensions minister outlines vision for future

Pensions minister outlines vision for future

Lindsay Sharman
Next year's pension reform is a beginning and not an end, according to Pensions Minister Rt Hon Steve Webb.

30 October 2014

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Image for Altmann urges UK to re-think older workforce

Altmann urges UK to re-think older workforce

Lindsay Sharman
Embracing older workers is the way forward for businesses, according to the Government's business champion for older workers Dr Ros Altmann.

30 October 2014

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Image for We need more transparency around fiduciary management

We need more transparency around fiduciary management

Richard Dowell
Cardano's Richard Dowell calls for fiduciary managers to provide a proof statement for Trustees

27 October 2014

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Image for Danish get tough on hedge funds

Danish get tough on hedge funds

Lindsay Sharman
New rules to clampdown on the pensions industry's dealings with hedge funds are being introduced in Denmark.

23 October 2014

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Image for Greens call for fossil fuel divestment

Greens call for fossil fuel divestment

Lindsay Sharman
Green Party MP Caroline Lucas has called on the £487m Parliamentary Contributory Pension Fund to pull its investments out of fossil fuels and shift them to sustainable sources.

23 October 2014

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Image for NAPF announces six-point manifesto

NAPF announces six-point manifesto

Lindsay Sharman
The creation of an independent retirement savings commission, commitment to automatic enrolment, and a reduction of tick-box regulation will form part of the NAPF agenda for the forthcoming year.

23 October 2014

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Image for Data cleansing: the dullest topic or the most vital?

Data cleansing: the dullest topic or the most vital?

Colin Richardson
PTL's Colin Richardson argues the benefits of cleansing data and what can be improved by doing so. 

17 October 2014

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Image for Poor IT to blame for Government deadline preparation shortfall

Poor IT to blame for Government deadline preparation shortfall

Lindsay Sharman
Two out of three pension professionals blame poor IT for the lack of preparation to meet the Government's Guaranteed Minimum Pension (GMP) deadline, according to new research.

16 October 2014

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Image for BlackRock tie up with Aon Hewitt to target defined contribution plans

BlackRock tie up with Aon Hewitt to target defined contribution plans

Lindsay Sharman
Investment consultancy Aon Hewitt is partnering with BlackRock to target defined contribution plans.

16 October 2014

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Image for African investment is the future,' Sir Bob tells NAPF conference

African investment is the future,' Sir Bob tells NAPF conference

Lindsay Sharman
Fund managers were urged by Sir Bob Geldof to focus their attention on Africa instead of China at this week's annual conference of the National Association of Pension Funds (NAPF).

16 October 2014

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Image for Welcome news from the PPF

Welcome news from the PPF

Alan Collins
Alan Collins discusses the benefits of the reduction in next years PPF levy, but warns that this is not cause for complacency.

10 October 2014

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Image for Danish investors back €1bn energy saving infrastructure

Danish investors back €1bn energy saving infrastructure

Lindsay Sharman
A new infrastructure fund focussing on European and US energy assets has received DKK8bn (€1.05bn) from six Danish pension funds and two banks.

09 October 2014

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Image for Plans to increase retirement age

Plans to increase retirement age

Lindsay Sharman
Government plans to increase the retirement age by six months per year have been announced this week by pensions minister Steve Webb.

09 October 2014

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Image for  LPFA backs public sector pensions merger

 LPFA backs public sector pensions merger

Lindsay Sharman
One of the UK's largest public sector pension funds has spoken out in support of London Mayor Boris Johnson's calls for a merger of all public sector pension funds.

09 October 2014

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Image for Breaking the Pain Barrier

Breaking the Pain Barrier

Tom Nimmo
Tom Nimmo compares the challenge of implementing "good process" to the tough grind of a half marathon. But the results of achieving both are worthwhile.

03 October 2014

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Image for Hedge funds trimmed by top pension funds

Hedge funds trimmed by top pension funds

Lindsay Sharman
Two of the UK's largest pension funds are reducing exposure to hedge funds to the tune of several billion.

02 October 2014

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Image for "No support for pension reform without levy" says IAPF

"No support for pension reform without levy" says IAPF

Lindsay Sharman
Proposed reforms to the second-pillar pension system in Ireland are unlikely to gain support – unless the Irish government abolishes the 0.15% pensions levy, according to the Irish Association of Pension Funds (IAPF).

02 October 2014

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Image for Osbourne announces pension "death tax" to be scrapped

Osbourne announces pension "death tax" to be scrapped

Lindsay Sharman
Chancellor George Osbourne has announced plans to abolish the so-called death tax on pensions.

02 October 2014

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Image for KPIs – Key Performance Indicators or Know People's Intentions? 

KPIs – Key Performance Indicators or Know People's Intentions? 

John Reeve
Premiers' John Reeve tackles the issue of KPIs in relation to the evolving DC landscape. He asks which KPIs are appropriate and how should they be dealt with?

26 September 2014

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Image for Industry veteran to head Pensions Infrastructure Platform

Industry veteran to head Pensions Infrastructure Platform

Lindsay Sharman
The UK's National Association of Pension Funds (NAPF) has appointed industry veteran Mike Weston as chief executive of Pensions Infrastructure Platform (PIP).

25 September 2014

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Image for New UN coalition to reduce carbon footprint of 500bn dollars

New UN coalition to reduce carbon footprint of 500bn dollars

Lindsay Sharman
Leading European pension funds are joining forces with the United Nations Environment Programme and its Finance Initiative (UNEP FI) to reduce the carbon footprint of $500bn of worldwide institutional investment.

25 September 2014

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Image for Scottish 'no' vote means 'yes' to tax changes

Scottish 'no' vote means 'yes' to tax changes

Lindsay Sharman
Scotland's 'no' vote for independence does not mean 'no change' for pension schemes, industry experts have said.

25 September 2014

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Image for Getting it wrong can be costly  

Getting it wrong can be costly  

Ian Neale
Recently HMRC announced scheme administrators must prove to be ''fit and proper'' before registration is approved, but what does this mean? Aries' Ian Neale finds out.

19 September 2014

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Image for NAPF names repeat offenders on remuneration

NAPF names repeat offenders on remuneration

Monique Simpson
Eight companies have been named by the National Association of Pension Funds (NAPF) for failing to address concerns from investors regarding remuneration packages.

18 September 2014

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Image for LPFA to fund London housing development

LPFA to fund London housing development

Monique Simpson
The London Pensions Fund Authority (LPFA) has been appointed to finance 85% of a housing project in East London.

18 September 2014

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Image for Passive funds could improve pension scheme returns

Passive funds could improve pension scheme returns

Monique Simpson
Large pension funds could get an additional £3.8m return per year if they invest through passive funds rather than active funds because they are cheaper and perform better, research has revealed.

18 September 2014

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Image for PPF panels: a big leap forward

PPF panels: a big leap forward

Alan Collins
Spence & Partners' Alan Collins says that communication has been key to improving service and having the panels and the PPF work together allowed issues to be dealt with immediately.

12 September 2014

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Image for Altmann urges closer collaboration between public pension funds

Altmann urges closer collaboration between public pension funds

Monique Simpson
UK public pension funds should work closer together to reduce deficits and mitigate against recent monetary and political decisions that have negatively impacted the industry, a pensions expert has said.

12 September 2014

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Image for EU names UK's Jonathan Hill as financial services commissioner

EU names UK's Jonathan Hill as financial services commissioner

Monique Simpson
The European Union (EU) has appointed Lord Jonathan Hill as the new financial services commissioner.

12 September 2014

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Image for NEST restrictions to be lifted

NEST restrictions to be lifted

Monique Simpson
The annual contribution limit and transfer restrictions on the National Employment Savings Trust (NEST) will be removed in April 2017, the UK Government has confirmed.

12 September 2014

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Image for Digital addiction

Digital addiction

Peter Nicholas
"Digital dependence is here to stay," says AHC's Peter Nicholas, but how is the pensions industry reacting to this?

05 September 2014

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Image for FRC fines Mazars £2m for pension advice failings

FRC fines Mazars £2m for pension advice failings

Monique Simpson
The Financial Reporting Council (FRC) has ordered UK accountancy firm Mazars and one of its partners to pay almost £2m for failing to give good advice to the trustees of the First Quench pension fund.

05 September 2014

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Image for Dutch pension scheme for architects hires fiduciary manager

Dutch pension scheme for architects hires fiduciary manager

Monique Simpson
Dutch pension fund Stichting Pensioenfonds voor de Architectenbureaus has appointed F&C Netherlands as its fiduciary manager.

05 September 2014

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Image for Schemes increasingly adopt fiduciary management despite "myths"

Schemes increasingly adopt fiduciary management despite "myths"

Monique Simpson
Pension schemes are continuing to take up fiduciary management despite some of the myths that still surround it, says Aon Hewitt.

01 September 2014

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Image for Greater Manchester Pension Fund hires commercial property manager

Greater Manchester Pension Fund hires commercial property manager

Monique Simpson
The Greater Manchester Pension Fund (GMPF) has awarded a £750m mandate to LaSalle Investment Management.

28 August 2014

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Image for Keep your eye on the ball and follow through

Keep your eye on the ball and follow through

Adam Sewell
KBPR's Adam Sewell discusses how pension professionals can complete a successful PR exercise to help them stand out in a crowded industry.

28 August 2014

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Image for DC schemes to change default investment strategy design

DC schemes to change default investment strategy design

Monique Simpson
Nearly 66% of trustees are looking to change their default strategy within the next 18 months following the Budget 2014 pension reforms, according to research by SEI.

27 August 2014

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Image for Pension schemes face busy end to 2014

Pension schemes face busy end to 2014

Monique Simpson
UK pension professionals face an "exceptionally" busy period as they return from the summer holidays to deal with the consequences of the 2014 Budget changes, Aon Hewitt has said.

27 August 2014

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Image for Reckless conservatism

Reckless conservatism

Kevin Gundle
"The lasting impact of certain events of 2008, as well as the tsunami of subsequent regulation, have pushed investors into a state of almost reckless conservatism," says Aurum Funds' Kevin Gundle.

22 August 2014

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Image for Pension scheme funding improvements prompts new approaches

Pension scheme funding improvements prompts new approaches

Monique Simpson
Defined benefit (DB) pension schemes should be changing their approach and diverting sponsor contributions into alternative financing strategies as schemes climb towards a healthier funding status.

22 August 2014

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Image for Lehman Brothers FSD case reaches settlement

Lehman Brothers FSD case reaches settlement

Monique Simpson
The Lehman Brothers pension scheme is set to pay full retirement benefits to its members to avoid entry in to Pension Protection Fund (PPF), following a settlement agreement worth £184m.

21 August 2014

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Image for Western United Group Pension Scheme completes £500m buy-out

Western United Group Pension Scheme completes £500m buy-out

Monique Simpson
Trustees of the Western United Group Pension Scheme have completed a £500m buy-out with Rothesay Life.

21 August 2014

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Image for Promotion or relegation?

Promotion or relegation?

Kevin Burge
Likening pensions to football, Spence & Partners' Kevin Burge explores which of the recent pensions initiatives will be promoted and which will be relegated next May.

15 August 2014

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Image for Guidance guarantee not enough, say 62% of pension schemes

Guidance guarantee not enough, say 62% of pension schemes

Monique Simpson
Most pension schemes believe that the guidance guarantee that was announced in Budget 2014 will not provide adequate support for defined contribution (DC) members ahead of retirement, research by Mercer has revealed.

14 August 2014

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Image for Four million workers have auto-enrolled, says TPR

Four million workers have auto-enrolled, says TPR

Monique Simpson
More than four million workers have now been auto-enrolled into a workplace pension, The Pensions Regulator (TPR) has revealed.

14 August 2014

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Image for Top firms spend 37p out of every £1 on DB deficits

Top firms spend 37p out of every £1 on DB deficits

Monique Simpson
FTSE 350 firms pay 37p out of every £1 they spend on pension provision on reducing existing defined benefit (DB) pension deficits, Barnett Waddingham has found.

14 August 2014

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Image for Beware a wounded Regulator

Beware a wounded Regulator

John Reeve
"My fear is that a wounded Regulator is a dangerous thing," says Premier's John Reeve as the Regulator recently revealed it failed in its target of improving the management of DC arrangements.

01 August 2014

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Image for BoE examines structural trends in investment allocation by pension funds

BoE examines structural trends in investment allocation by pension funds

Monique Simpson
The Bank of England (BoE) has published a discussion paper which examines trends in the investment decisions of insurance companies and pension funds.

31 July 2014

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Image for TPR's DB funding code comes into force

TPR's DB funding code comes into force

Monique Simpson
The Pensions Regulator's (TPR) latest defined benefit (DB) code of practice comes into force today.

29 July 2014

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Image for Transatlantic DC members' retirement confidence remains low

Transatlantic DC members' retirement confidence remains low

Monique Simpson
Retirement confidence remains alarmingly low among defined contribution (DC) scheme members in the US, UK and Ireland, State Street Global Advisors (SSgA) has found.

29 July 2014

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Image for Re-framing pensions

Re-framing pensions

Monique Simpson
The Government has re-framed pensions as long-term savings plans, rather than as a package that pensioners swap for their salaries, says Aries' Ian Neale.

25 July 2014

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Image for Independent organisations to give "guaranteed guidance"

Independent organisations to give "guaranteed guidance"

Monique Simpson
The UK Government has announced that the guaranteed guidance on pensions choices will be provided by independent organisations rather than pension schemes or providers.

25 July 2014

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Image for PPF "sails smoothly" towards self-sufficiency goal

PPF "sails smoothly" towards self-sufficiency goal

Monique Simpson
The Pension Protection Fund (PPF) is 90% likely of being financially self-sufficient by 2030, the lifeboat fund said as it reported a £2.4bn and a funding ratio of 112.5%.

23 July 2014

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Image for Charity sector's largest pension liabilities rose by 14.5% in 2012/13

Charity sector's largest pension liabilities rose by 14.5% in 2012/13

Gareth Jones
The charity sector's largest pension liabilities grew by 14.5% in 2012/13, according to data from a UK charity financial information provider.

23 July 2014

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Image for Pensions turned upside down?

Pensions turned upside down?

Kevin Burge
Spence and Partners' Kevin Burge looks at the changing pensions landscape in the UK and Australia and asks who is right?

22 July 2014

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Image for ShareAction calls for more accountability and transparency in pensions

ShareAction calls for more accountability and transparency in pensions

Monique Simpson
The UK's private pension providers' duties should be enshrined into law to ensure accountability and transparency, campaign group ShareAction has said.

17 July 2014

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Image for "Intelligent" approach needed to improve LGPS

"Intelligent" approach needed to improve LGPS

Monique Simpson
The Local Government Pension Scheme (LGPS) should not be treated as a "homogenous whole" by the Government, the National Association of Pension Funds (NAPF) has warned.

16 July 2014

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Image for FTSE 100 pension scheme deficit falls by £16bn

FTSE 100 pension scheme deficit falls by £16bn

Monique Simpson
The total deficit in FTSE 100 pension schemes has decreased by £16bn to £60bn in the year to 31 March 2014, JLT Employee Benefits has said.

16 July 2014

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Image for The school report – value for money?

The school report – value for money?

Peter Nicholas
"Just like high school students, not all pension members are the same," says AHC's Peter Nicholas as he talks about member communications.

11 July 2014

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Image for TPR publishes guides to improve public service pension standards

TPR publishes guides to improve public service pension standards

Monique Simpson
Two new "quick guides" have been published by The Pensions Regulator (TPR) to help public service pension schemes to govern and administer themselves effectively.

10 July 2014

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Image for Companies are overpaying pension schemes, says PwC

Companies are overpaying pension schemes, says PwC

Monique Simpson
Companies are overpaying into their pension schemes by £9bn a year because they are not taking advantage of improving market conditions, PricewaterhouseCoopers (PwC) has said.

09 July 2014

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Image for Loomis appoints fiduciary manager

Loomis appoints fiduciary manager

Monique Simpson
Loomis UK Limited pension scheme has appointed Russell Investments as fiduciary manager for the scheme.

08 July 2014

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Image for Suspect defence and volatile strikers...

Suspect defence and volatile strikers...

Iain North
"A core principle that remains constant between football teams and portfolio management is the ability to evolve, while applying consistent philosophies and integrity," says Aurum Funds' Iain North.

04 July 2014

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Image for Stewardship important to scheme members despite higher cost

Stewardship important to scheme members despite higher cost

Monique Simpson
Most (53%) pension scheme members would prefer their employer to choose a provider demonstrating strong stewardship activity, even if it is 10% more expensive, the National Association of Pension Funds (NAPF) has said.

03 July 2014

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Image for UK DB scheme deficits increase

UK DB scheme deficits increase

Monique Simpson
The deficit of all UK private sector defined benefit (DB) pension schemes has increased by £71bn over the last 12 months, JLT Employee Benefits has said.

01 July 2014

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Image for Law Commission clarifies fiduciary investment duties

Law Commission clarifies fiduciary investment duties

Monique Simpson
Pension fund trustees should only take ethical or environmental, social or governance (ESG) issues into account if they are "financially material" to the performance of an investment, the Law Commission has said.

01 July 2014

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Image for ETFs - Every Trustee's Future?

ETFs - Every Trustee's Future?

Simon Riviere
PTL's Simon Riviere takes a closer look at the pros and cons of exchange traded funds and asks if trustees should be considering them.

25 June 2014

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Image for Pensions discount rate increases to 4.5%

Pensions discount rate increases to 4.5%

Monique Simpson
The average accounting discount rate for FTSE 100 pension obligations increased by 0.1% to 4.5%, Barnett Waddingham has revealed.

25 June 2014

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Image for Dutch pension funds' average funding ratio reaches three-year high

Dutch pension funds' average funding ratio reaches three-year high

Monique Simpson
The average funding ratio of Dutch pension funds increased to 112% in May 2014, the highest level since April 2011, De Nederlandsche Bank (DNB) has said.

24 June 2014

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Image for DB schemes' self-sufficiency targets are unreliable

DB schemes' self-sufficiency targets are unreliable

Monique Simpson
UK defined benefit (DB) schemes may need to find new strategies as current self-sufficiency targets do not provide the required degree of stability and certainty, Aon Hewitt has said.

24 June 2014

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Image for EIOPA calls for smarter regulation

EIOPA calls for smarter regulation

Monique Simpson
The European Insurance and Occupational Pensions Authority (EIOPA) has called for "smarter" financial regulation, rather having than more or having less regulation, to improve consumer confidence.

20 June 2014

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Image for World Cup fever

World Cup fever

Kevin Burge
"Experts abound in the pensions world and, like football experts, they too are never shy of an opinion," says Spence & Partners' Kevin Burge as he discusses conflicting specialist advice.

20 June 2014

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Image for NAPF calls for immediate action to help DB schemes transition smoothly

NAPF calls for immediate action to help DB schemes transition smoothly

Monique Simpson
The National Association of Pension Funds (NAPF) has called for immediate action to help defined benefit (DB) schemes and their sponsors navigate the DB transition as smoothly as possible.

17 June 2014

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Image for Northern Powergrid Pension Scheme hires investment adviser

Northern Powergrid Pension Scheme hires investment adviser

Monique Simpson
The Northern Powergrid Group Pension Scheme has appointed Aon Hewitt to provide investment advice.

17 June 2014

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Image for Deflation: we fear you not

Deflation: we fear you not

Jeffrey Cleveland
"Deflation is misunderstood, particularly by economists and, by extension, investors who subject themselves to the vagaries of economic advice," says Payden & Rygel's Jeffrey Cleveland.

13 June 2014

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Image for Pension deficits fall to near pre-recession levels

Pension deficits fall to near pre-recession levels

Monique Simpson
FTSE 350 defined benefit (DB) pension obligations have "dramatically improved" and are close to reaching pre-recession levels, PricewaterhouseCooper (PwC) has said.

10 June 2014

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Image for Total UK Plan completes £1.6bn buy-in

Total UK Plan completes £1.6bn buy-in

Monique Simpson
Total UK Pension Plan has secured a £1.6bn buy-in with Pension Insurance Corporation (PIC) in the second largest bulk annuity deal in the UK to date.

10 June 2014

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Image for Positive views on DC schemes to cause rise in contributions

Positive views on DC schemes to cause rise in contributions

Monique Simpson
Nearly half (43%) of employers look more favourably on defined contribution (DC) schemes as a result of pension rules changes announced in the Budget, Towers Watson has said.

10 June 2014

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Image for Child's play?

Child's play?

Andrew Slater
Investment, technology and retirement – how can the three be combined to encourage the younger generation to save, asks RisCura's Andrew Slater.

05 June 2014

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Image for Global risk transfer market will "thrive" in 2014

Global risk transfer market will "thrive" in 2014

Monique Simpson
The risk transfer market will grow in 2014 globally as companies with defined benefit (DB) schemes in the UK, the Netherlands, Germany, Ireland, US and Canada become more ambitious in their efforts to eliminate pension risk, Mercer has said.

05 June 2014

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Image for Queen's Speech on pensions receives mixed reactions

Queen's Speech on pensions receives mixed reactions

Monique Simpson
The Queen's Speech heralded a number of reforms to the pensions market in the UK and the industry's reaction on the legislation has been mixed.

04 June 2014

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Image for Queen's Speech confirms pension reforms

Queen's Speech confirms pension reforms

Monique Simpson
Two pensions bills will be introduced as part of sweeping reforms to the pensions landscape in the UK, the Queen confirmed in her speech today.

04 June 2014

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Image for PTL urges pensions industry to respond to PPF consultation

PTL urges pensions industry to respond to PPF consultation

Monique Simpson
The pensions industry should respond quickly to a Department for Work and Pensions (DWP) consultation that could safeguard the pensions of hundreds of individuals in the UK, Pitmans Trustees Limited (PTL) has urged.

03 June 2014

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Image for Guns don't kill people...

Guns don't kill people...

John Reeve
"Freedom of choice is appropriate, even if this includes the freedom to make mistakes," says Premier's John Reeve as he discusses how the Budget has changed the pensions industry in the UK.

30 May 2014

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Image for PPF proposes new insolvency risk model

PPF proposes new insolvency risk model

Monique Simpson
The Pension Protection Fund (PPF) has launched a consultation on the introduction of a new PPF-specific insolvency risk model for determining levy payments for the next three years.

29 May 2014

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Image for Pensions Institute calls for full disclosure on investment fees

Pensions Institute calls for full disclosure on investment fees

Monique Simpson
The "visible and hidden" costs of investment management should be fully disclosed, the Pensions Institute has said.

28 May 2014

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Image for Funding of small Irish DC schemes is too low

Funding of small Irish DC schemes is too low

Monique Simpson
Many workers in small defined contribution (DC) schemes in Ireland may not retire comfortably due to low contribution levels, the Irish Association of Pension Funds (IAPF) has found.

28 May 2014

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Image for Pension Comfort?

Pension Comfort?

Kevin Burge
Spence & Partners' Kevin Burge discusses the National Employment Savings Trust's (NEST) latest study on comfortable pension levels.

23 May 2014

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Image for TPR sets out priorities in three-year plan

TPR sets out priorities in three-year plan

Monique Simpson
The Pensions Regulator (TPR) has said that one of its priorities for the next three years will be to maximise compliance with auto-enrolment duties among medium, small and micro employers (SMEs).

21 May 2014

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Image for Local government funds hire global custodian using framework

Local government funds hire global custodian using framework

Monique Simpson
Norfolk, Suffolk and the London Borough of Hackney pension funds have appointed HSBC Securities as a global custodian under the new National Local Government Pension Scheme (LGPS) Framework agreement.

21 May 2014

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Image for UK pension schemes miss out on £1.7bn in potential returns

UK pension schemes miss out on £1.7bn in potential returns

Monique Simpson
Pension schemes in the UK are losing out on £1.7bn in potential annual returns by accepting passive-style performance from actively managed funds.

21 May 2014

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Image for Got to get my pension sorted... I'll do it tomorrow

Got to get my pension sorted... I'll do it tomorrow

Peter Nicholas
Social media makes it increasingly easier to put aside life's difficult tasks. AHC's Peter Nicholas ponders if schemes can harness its power for pension communications.

16 May 2014

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Image for UK schemes' pace of exit from equities slows

UK schemes' pace of exit from equities slows

Monique Simpson
UK pension schemes have reduced their equity exposure by only 2% over 2013, which is the slowest rate since the financial crisis, Mercer has said.

15 May 2014

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Image for PPF 7800 deficits increase over April

PPF 7800 deficits increase over April

Monique Simpson
The aggregate deficit of UK defined benefit (DB) schemes within the Pension Protection Fund (PPF) 7800 index increased by £42.3bn to £112.3bn over April 2014.

14 May 2014

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Image for FremantleMedia secures £47m buy-in

FremantleMedia secures £47m buy-in

Monique Simpson
The Fremantle Group Pension Plan has secured a buy-in with Pension Insurance Corporation (PIC), covering around £47m of pensioner and deferred liabilities.

13 May 2014

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Image for News on annuity sales illustrates two-state pension landscape

News on annuity sales illustrates two-state pension landscape

Alan Collins
"People like choice and people like people who give them choice," says Spence & Partners' Alan Collins as he discusses annuities.

09 May 2014

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Image for Thomas Cook hires investment consultant

Thomas Cook hires investment consultant

Monique Simpson
Thomas Cook Pension Plan has appointed Barnett Waddingham as an investment consultant.

08 May 2014

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Image for Budget pensions overhaul could increase buyouts

Budget pensions overhaul could increase buyouts

Monique Simpson
Buyouts may become more affordable for pension schemes as a result of the pensions overhaul in Budget 2014, JLT Employee Benefits has said.

07 May 2014

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Image for FTSE 350 pension scheme deficits reach 12-month high

FTSE 350 pension scheme deficits reach 12-month high

Monique Simpson
UK pension scheme deficits reached a 12-month high of £111bn in April, according to research from Mercer.

07 May 2014

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Image for Not just another Bond story...

Not just another Bond story...

Iain North
"Like baseball, the playing field going forward will be based more upon hard work rather than artificial forces," says Aurum Funds' Iain North as he discusses the global bond market.

02 May 2014

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Image for Royal Mail has best funded pension scheme of FTSE 100

Royal Mail has best funded pension scheme of FTSE 100

Monique Simpson
The Royal Mail Group has the best funded company pension scheme within the FTSE 100 index, JLT has said.

01 May 2014

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Image for PwC urges Government to scrap state pension age

PwC urges Government to scrap state pension age

Monique Simpson
The UK Government should scrap the state pension age and should replace it with a state pension window, PricewaterhouseCooper (PwC) has urged.

29 April 2014

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Image for BVK hires global REITs manager

BVK hires global REITs manager

Monique Simpson
German pension fund BVK has appointed Principal Global Investors (PGI) to manage its global real estate investment trusts (REITs) portfolio.

29 April 2014

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Image for Conference season for pensions

Conference season for pensions

Kevin Burge
Spence & Partner's Kevin Burge talks about the start of the conference season for pensions, and how quickly the agendas had to be changed in light of the Chancellor's Budget.

28 April 2014

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Image for DWP warns independent Scotland will face "more acute" pension costs

DWP warns independent Scotland will face "more acute" pension costs

Monique Simpson
An independent Scotland would face additional financial pressures paying for an aging population than if it remained in the UK, the Department for Work and Pensions (DWP) has warned.

25 April 2014

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Image for TPR issues auto-enrolment non-compliance warning to employers

TPR issues auto-enrolment non-compliance warning to employers

Monique Simpson
The Pensions Regulator (TPR) has warned that employers that are struggling to meet their auto-enrolment duties should alert the organisation sooner rather than later.

24 April 2014

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Image for Firms should adopt broader approach when segmenting employee communications

Firms should adopt broader approach when segmenting employee communications

Monique Simpson
Employers should think more broadly when approaching segmentation in their employee communications, a pensions specialist has said.

24 April 2014

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Image for Emerging Markets Fixed Income in 2014 – A Constructive View for the Discriminating Eye

Emerging Markets Fixed Income in 2014 – A Constructive View for the Discriminating Eye

Ehsan Iraniparast
Payden & Rygel's Ehsan Iraniparast weighs up the pros and cons of emerging markets fixed income in 2014.

17 April 2014

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Image for PPF hires six global real estate managers

PPF hires six global real estate managers

Monique Simpson
The Pension Protection Fund (PPF) has appointed six investment managers to oversee a real estate mandate.

16 April 2014

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Image for DC schemes need to revise investment options

DC schemes need to revise investment options

Monique Simpson
Defined contribution (DC) pensions schemes will need to reconsider the investment options offered and the default funds used following the Budget 2014 changes, Mercer has said.

16 April 2014

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Image for Pensions industry supports increased flexibility for DB members

Pensions industry supports increased flexibility for DB members

Monique Simpson
Two-thirds of pensions professionals said that the same flexibility offered to defined contribution (DC) schemes should be extended to defined benefit (DB) scheme members, Aon Hewitt has said.

15 April 2014

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Image for Longevity on the rise

Longevity on the rise

Andrew Slater
"The subject of longevity has unduly taxed the actuarial profession," says RisCura's Andrew Slater as he asks why forecasting mortality has been so difficult.

10 April 2014

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Image for LGPS funds receive legal advice about tobacco divestment

LGPS funds receive legal advice about tobacco divestment

Monique Simpson
Local Government Pension Funds may take into consideration the public health implications of tobacco investment, as long as the replacement assets are able to deliver the same financial returns.

10 April 2014

> More

Image for Pension guidance already offered by most FTSE 100 companies

Pension guidance already offered by most FTSE 100 companies

Monique Simpson
Most FTSE 100 employers already offer retirement guidance while FTSE 250 companies are less likely to offer support, Towers Watson has found.

10 April 2014

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Image for Scheme deficits increase over March

Scheme deficits increase over March

Monique Simpson
The aggregate deficit of the 6,150 schemes within the Pension Protection Fund (PPF) 7800 index rose to £70bn over March 2014.

09 April 2014

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Image for Good DC governance requires more trustee control

Good DC governance requires more trustee control

Monique Simpson
Trustees should take more control and rely less on their providers to ensure good governance of their defined contribution (DC) schemes, a consultant has urged.

09 April 2014

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Image for Pension liberation made legal?

Pension liberation made legal?

Ian Neale
"It might look like a juicy bone the Government has tossed us, but is it as simple as presented?" asks Aries' Ian Neale as he dissects the Budget.

07 April 2014

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Image for FTSE350 DB pension deficits remain around £100bn

FTSE350 DB pension deficits remain around £100bn

Adrian Hartshorn
FTSE350 defined benefit (DB) pension deficits have remained steady around the £100bn level since September 2013, Mercer has said.

07 April 2014

> More

Image for TPR opens investigations into scheme record-keeping

TPR opens investigations into scheme record-keeping

Monique Simpson
Seven case investigations into scheme record-keeping have been opened by The Pensions Regulator (TPR) following its thematic review.

01 April 2014

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Image for PPF selects new assessment period panel

PPF selects new assessment period panel

Monique Simpson
Six firms have been appointed to the Pension Protection Fund's (PPF) newly created Assessment Period Legal Panel (APLP).

01 April 2014

> More

Image for DWP announces pensions charge cap

DWP announces pensions charge cap

Monique Simpson
The Department for Work and Pensions (DWP) has announced that it will introduce a 0.75% cap on charges for default funds of all qualifying pension schemes.

28 March 2014

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Image for EU publishes revised pensions directive proposals

EU publishes revised pensions directive proposals

Monique Simpson
The European Union has published proposals to update the rules for occupational pension funds in Europe.

27 March 2014

> More

Image for Shaping the outcome of the pensions revolution

Shaping the outcome of the pensions revolution

Neil Copeland
Spence & Partner's Neil Copeland discusses the ramifications of George Osborne's pensions revolution and says that the most difficult part of the process is yet to come.

27 March 2014

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Image for "Guidance guarantee" proposal creates tight timeframe for DC trustees

"Guidance guarantee" proposal creates tight timeframe for DC trustees

Monique Simpson
The Government's Budget has created a timeframe nightmare for defined contribution (DC) trustees, Pitmans Trustees Ltd (PTL) has said.

25 March 2014

> More

Image for Budget changes should not affect opportunities in bulk annuities

Budget changes should not affect opportunities in bulk annuities

Monique Simpson
Bulk annuities remain a good option for pension schemes despite the announcement on annuities in last week's Budget, Aon Hewitt has said.

25 March 2014

> More

Image for Norcros Security Plan hires actuary

Norcros Security Plan hires actuary

Monique Simpson
The Norcros Security Plan has appointed Buck Consultants as an actuary for its £400m defined benefit (DB) scheme.

25 March 2014

> More

Image for The mortgage/pension conundrum

The mortgage/pension conundrum

Peter Nicholas
Pensions should be seen as a tool for wealth creation, says AHC's managing director Peter Nicholas as he breaks down the mortgage/pension conundrum that savers face.

21 March 2014

> More

Image for PFZW enters into risk sharing deal with Rabobank

PFZW enters into risk sharing deal with Rabobank

Monique Simpson
Pensioenfonds Zorg en Welzijn (PFZW) has entered into a risk sharing transaction with Rabobank concerning a portfolio of corporate loans to help stimulate the Dutch economy.

20 March 2014

> More

Image for Budget 2014: industry reactions

Budget 2014: industry reactions

Monique Simpson
Here are a variety of views regarding the surprising pension changes during announcement by Chancellor George Osborne.

19 March 2014

> More

Image for Budget 2014: Osborne announces "radical" changes to pensions

Budget 2014: Osborne announces "radical" changes to pensions

Monique Simpson
Chancellor George Osborne announced a set of changes to pensions in this year's Budget to make saving more of an attractive option.

19 March 2014

> More

Image for DWP appoints TPR chairman

DWP appoints TPR chairman

Monique Simpson
The Department for Work and Pensions (DWP) has announced that Mark Boyle has been appointed as the chair of The Pensions Regulator (TPR).

19 March 2014

> More

Image for Santander UK scheme hires pension administrator

Santander UK scheme hires pension administrator

Monique Simpson
The trustee of the Santander (UK) Group Pension Scheme has hired JLT as a pension administrator for its defined contribution (DC) and defined benefit (DB) schemes.

18 March 2014

> More

Image for A 'do' and a 'don't' for Mr Osborne

A 'do' and a 'don't' for Mr Osborne

Alan Collins
Ahead of Wednesday's Budget, Spence & Partners' Alan Collins sets out his suggestions for Chancellor George Osborne regarding pensions.

17 March 2014

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Image for Budget 2014 can help revive occupational pensions, says NAPF

Budget 2014 can help revive occupational pensions, says NAPF

Monique Simpson
Next week's Budget is a "golden opportunity" for the Government to support pension schemes and savers through a package of measures to help meet its objective to 'reinvigorate occupational pensions', the National Association of Pension Funds (NAPF) has said.

14 March 2014

> More

Image for UK Government should focus on flexible DB schemes

UK Government should focus on flexible DB schemes

Monique Simpson
The UK Government should focus on revising current regulations to allow existing defined benefit (DB) and defined contribution (DC) schemes to be more flexible rather than attempt to create a new regime, Mercer has said.

14 March 2014

> More

Image for TPR urges employers to check when auto-enrolment affects them

TPR urges employers to check when auto-enrolment affects them

Monique Simpson
Small and medium employers should find our when their new workplace pensions duties begin, The Pensions Regulator (TPR) has said.

11 March 2014

> More

Image for Church of England fund secures £100m buy-in

Church of England fund secures £100m buy-in

Monique Simpson
The Church of England Pensions Board has completed a £100m buy-in with Prudential.

11 March 2014

> More

Image for Pension schemes remain exposed to interest-rate risk

Pension schemes remain exposed to interest-rate risk

Monique Simpson
UK pension schemes are still running too much interest-rate risk, Aon Hewitt has warned.

11 March 2014

> More

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