Holly Roach
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Articles by Holly Roach
Spend money on data to make dashboard beneficial, says industry
The industry needs to spend a significant amount of money on data and administration to make the dashboard worthwhile, according to pension professionals.
Data held by schemes 'not good enough for the dashboard'
The data the industry holds is not yet good enough for the pensions dashboard, industry experts say.
Marian Elliott: Diversity drives innovation
Redington managing director Marian Elliott picked up the Adviser of the Year award at PP’s Women in Pensions Awards. She talks to Holly Roach about her success.
Lifetime allowance to rise to £1.073m as inflation falls to 1.7%
The lifetime allowance will rise to £1,073,000 from next April as inflation in the year to September stands at 1.7%.
Schemes with poor record keeping should receive harsher punishments
Schemes with poor record keeping should be handed harsher punishments, say the majority of this week’s 83 Pensions Buzz respondents.
Pensions industry has 'lack of clarity' on members' retirement needs
Estimates of the amount of money needed for a ‘modest’ retirement can vary by up to £500,000, according to research from Aon.
Increased pension transfers reduce FTSE 350 schemes' buyout deficit by £2.5bn
The buyout deficit of FTSE 350 pension schemes has reduced by £2.5bn since the introduction of Freedom and Choice due to an increased number of transfer exercises, Barnett Waddingham has found.
Dramatic rise in employers looking to switch provider, Aviva finds
The number of employers and advisers looking to change their pension provider has increased by nearly two thirds this year, according to research by Aviva.
Pensions tax relief to 'cost' government £40bn this year
The government will pay out £21bn in income tax relief for pension contributions this tax year, while national insurance relief payments will rise to £18.7bn, according to statistics from HM Revenue and Customs (HMRC).
Judith Maguire: Believe in yourself - if you're good enough, you will succeed
Capital Cranfield client director Judith Maguire scooped the Trustee of the Year accolade at this year’s Women in Pensions Awards. She talks to Holly Roach about her success.
NEST: Self-employed want help with retirement saving
Three-quarters of self-employed workers agree it is important to save for retirement, and more than half want help with it, according to NEST.
No one-size-fits-all for GMP equalisation
The GMP Equalisation Working Group has published its first guidance note to assist schemes in undertaking the process. Holly Roach discusses what schemes should do next
Exclusive: FTSE 100 risk settlement transactions hit £70bn
FTSE 100 risk settlement transactions have reached £70bn as a third of these firms remove longevity risk, according to Aon.
Oxford Uni pension scheme receives master trust approval
The University of Oxford Staff Pension Scheme has received master trust authorisation from The Pensions Regulator (TPR), taking the total number of approved schemes to 34.
Opperman writes to 50 schemes demanding action on ESG
Pensions and financial inclusion minister Guy Opperman has written to the 50 largest pension schemes requesting action to combat climate change.
ACA calls for key policy measures to be included in pensions bill
The Association of Consulting Actuaries (ACA) has called for five key policy measures to be included in the upcoming pensions bill.
Opperman: Pensions bill is 'sat on my desk' and 'completely ready to go'
A pensions bill is completely ready to go and waiting for a Queen’s Speech, according to pensions and financial inclusion minister Guy Opperman.
UK investors recognise increasing importance of ESG
Responsible investing has dramatically grown in importance to investors over the last year, according to research by Aon.
Greencoat announces £120m pension investment in low-carbon greenhouses
Greencoat Capital has announced it will manage a £120m investment from major UK pension funds to construct two large, low-carbon greenhouses.
TPR begins crackdown on poor record-keeping
The Pensions Regulator (TPR) has ordered the trustee boards of 400 schemes to urgently conduct a data review as part of its crackdown on poor scheme record-keeping.
Royal London and LCP call for wider access to partial DB transfers
There needs to be wider access to partial transfers out of defined benefit (DB) schemes, according to a joint paper published by Royal London and Lane Clark & Peacock (LCP).
FCA fines Prudential £23.9m for non-advised annuity sale failures
The Financial Conduct Authority (FCA) has fined Prudential £23.9m for failures relating to non-advised sales of annuities.
Caroline Eastwood: Take risks and have confidence
Skipton Building Society pensions manager Caroline Eastwood scooped the Pensions Manager of the Year accolade at PP’s Women in Pensions Awards. She tells Holly Roach about her success.
Emma Douglas: Work hard but have fun
Holly Roach talks to LGIM’s Emma Douglas, who scooped the Pensions Woman of the Year award and the Lifetime Achievement accolade at PP’s Women in Pensions Awards
XPS appointed as adviser for the Greene King Pension Scheme
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
NEST joins Star Initiative as Opperman urges other to follow suit
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
Investment fraud reports surge to more than 8,000 so far this year
More than 8,000 investment fraud reports have been made so far this year, more than double the amount in the same period last year, a Freedom of Information request has revealed.
Active equity fees fall by 11% in two years, while corporate bond fees rise
LCP research reveals global active equity fees have fallen for yet another year, while corporate bond fees are on the rise. Holly Roach looks at the findings.
Pension administration needs to be taken more seriously
KGC Associates' administration survey revealed the industry thinks administration is not taken seriously. Holly Roach looks at the survey findings.
How to improve gender diversity in pensions
More women are working in the industry but there is still a way to go, particularly at the senior level. In this roundtable, panellists discuss how to achieve a better gender balance
Industry in agreement on banning contingent charging
The majority of this week's Pensions Buzz respondents agreed with the Financial Conduct Authority's (FCA) proposal to ban contingent charging on defined benefit (DB) transfer advice.
Medicash transfers £20m DB scheme to TPT
Medicash has transferred its defined benefit (DB) scheme to TPT Retirement Solutions' DB Complete master trust, improving the security of member's benefits.
Royal London reports drop in pension sales in H1 as DB transfers slow down
Royal London's new business pension sales fell by 4% over the course of a year primarily due to a slowdown in defined benefit (DB) transfers, the firm's half year results reveal.
Exclusive: Cosan Consulting launches independent trustee executive support service
Cosan Consulting has launched an outsourced trustee executive support service to provide support independent from all other current provision.
Fiduciary Management Focus: Register now
Professional Pensions is holding its Fiduciary Management Focus on 9 October.
Redington research finds consolidator investment portfolio more resilient than those of insurers
The investment portfolios of consolidators could be more resilient to market shocks than the typical insurer portfolio, latest research by Redington reveals.
Schemes must consider specific ESG allocation, says white paper
Analytical services company Camradata has published a white paper investigating defined contribution (DC) investment options and market challenges for investors.
Five million scheme members at risk of falling prey to scammers
Five million pension savers could be putting their retirement pots at risk to scammers, The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) warn as part of their latest ScamSmart campaign.
Plumbing pension scheme valuation completed as future accrual ceases
The Plumbing and Mechanical Services (UK) Pension Scheme has completed its 2017 valuation, calculating scheme assets were enough to cover 102% of its liabilities.
PICA launches reinsurance counterparty to back UK bulk annuities
Prudential Insurance Company of America (PICA) has launched a reinsurance counterparty, lending support to insurers that account for more than 90% of the UK pension risk transfer market.
Four ways administrators can prepare for McCloud
Framework is needed now to help remedy the age-related differences in public service pension schemes. Virginia Burke looks at what administrators can do.
PensionBee assets under administration pass half billion pound mark
PensionBee has surpassed half a billions pounds in total assets under administration since the firm was founded in 2014.
Public sector contractors to face 'real issues' following McCloud judgement
The changes likely to be required in public sector pension schemes following the McCloud judgement could have significant financial consequences for public sector outsourcing contractors, Aon says.
Webinar: Clara Pensions, KPMG and The Pension Superfund discuss DB consolidation
In this webinar, panellists discuss some of the key questions around defined benefit consolidation, including what it is trying to achieve and the suitability of various models.
Lack of member understanding at retirement is key concern for trustees
The lack of defined benefit (DB) scheme members' understanding of their retirement decisions is a key concern for trustees and sponsors, according to survey conducted by Aon.
Five pension priorities for the new government
While Amber Rudd will remain in her job as secretary of state for work and pensions, the rest of Boris Johnson's cabinet has experienced a major shake-up.
Top asset management brands see ratings fall
The UK's largest asset management brands were mostly ranked lower or no different by investment consultants in Edelman's brand index than two years ago. Holly Roach looks at the findings
Kempen expands UK fiduciary team with senior hires
Kempen Capital Management has appointed Andre Keijsers as managing director in its UK office as part of business expansion.