Professional Pensions is delighted to welcome back pensions and financial inclusion minister Guy Opperman to open day two of Professional Pensions Live in 2020.
This week’s top stories included the launch of Scottish Widows’ new responsible investment team, and reports of Treasury plans to cut pension tax relief for high earners.
Almost half (43%) of trustees do not feel able to monitor and report on their schemes ESG policy to a high standard, according to CACEIS.
In the run-up to Incisive Media’s Women in Investment Festival on 3 March, Laura Miller gets under the bonnet of how common imposter syndrome is, and the tangible impact it can have on financial services firms.
The Pension Protection Fund (PPF) has wrapped up its three-month procurement process for partners to assist in the development of a framework agreement to provide administration, actuarial, and consultancy services to its board.
This week’s 89 Pensions Buzz respondents agreed with The Pensions Regulator’s decision to hold back from mandating the use of professional trustees.
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
High earners could face significant cuts to pension tax relief in the upcoming Budget under new Treasury plans to rein in the “perverse” system, according to reports.
Chancellor of the Exchequer Rishi Sunak has confirmed the government will go ahead with its Budget on 11 March, despite Sajid Javid’s resignation.
The Financial Conduct Authority (FCA) revealed unsuitable transfers out of defined benefit (DB) schemes could result in collective losses of up to £20bn worth of guarantees over five years.
Here they are. The finalist lists for the second annual Professional Pensions Rising Star Awards...
A lost tourist asks a local for directions and gets the reply: “Well, if I were you, I wouldn’t start from here.
UKSIF says scheme trustees are failing to comply with their investment duties around ESG. Hope William-Smith looks at whether they need government intervention to get back on track.
By improving their stewardship activity and collaborating together, schemes can reduce the burden on resources, says Lauren Peacock.
This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.
Pension Insurance Corporation (PIC) has raised £750m of new capital from its shareholders to fund a pipeline of new pension risk transfer deals expected to complete in 2020.
The Pensions Management Institute (PMI) has launched an alternative accreditation programme for professional trustees.
Guy Opperman has confirmed the earnings trigger for auto-enrolment (AE) will remain at £10,000 following this year’s annual review.
The Brunel Pension Partnership's decision on ESG divestment could go either way, say this week's 99 Pensions Buzz peers in split results.
Nominations for the third annual PP Women in Pensions Awards - which celebrate the achievements of women working in pensions or acting as a trustee - have now opened. Find out how to nominate here…
Former Yateley Industries for the Disabled chief executive and chairman Patrick McLarry has been sentenced to five years in jail.
Speculation is growing that chancellor Sajid Javid is seeking to raise revenue by cutting the tax relief on pension contributions for high earners from 40% to 20%.
This week's top stories included The Pensions Regulator's announcement that it would carry out spot checks on the UK's largest employers. Also, River and Mercantile revealed it had been appointed to run a £1.16bn fiduciary mandate and the Financial Conduct...