Industry
Isio records £41.2m revenue in first seven months
Isio, the former pensions advisory arm of KPMG, has recorded revenues of £41.2m in its first seven months as a standalone business.
Opperman issues fresh warning over new tax year pension scams
Pensions and financial inclusion minister Guy Opperman has issued a fresh warning over new tax year pension scams.
Industry Voice: Modernising the European bond market
Natacha Blackman of iShares looks at the rise of fixed income ETFs
Have your say: How often do you survey your scheme(s) members on their satisfaction or for their views?
In this week's Pensions Buzz, we want to know how often your scheme(s) surveys members on their satisfaction or for their views.
Pension communications 'failing to engage' more women than men
A high proportion of savers are not taking an interest in their pension, which could have a “disproportionate impact” on women whose lower value pensions make them “more vulnerable to poor choices”, according to the Financial Conduct Authority (FCA)....
PPF raises fraud compensation fund levy to maximum allowed level
The Pension Protection Fund (PPF) has confirmed its fraud compensation fund (FCF) needs to raise a levy of 75p per member, and 30p for master trusts in 2021/2022 — the maximum allowed under current regulations.
Barnett Waddingham reports £7bn year for fiduciary management services
Barnett Waddingham’s fiduciary management advisory service has seen a significant boost in client numbers and assets under management (AUM) in the last 12 months.
Five stories you may have missed this week
This week’s top stories included XPS’ announcement of a fully-flexible working policy, and the Financial Conduct Authority’s new guidance on advising defined benefit pension transfers.
PSIG publishes updated code of good practice on combating pension scams
The Pensions Scams Industry Group (PSIG) has published version 2.2 of its code of good practice on combating pension scams.
Nominate now for LGBT Great's Global Top 100 Executive Allies 2021
IW teaming up for new LGBT Great Allies Awards
APPT launches responsible investment and climate change committee
The Association of Professional Pension Trustees (APPT) has launched a committee focused on responsible investment and climate change.
PP Monthly Digest: March 2021
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
GMP conversion scrapped in favour of full GMP indexation
The government has confirmed it will discount GMP conversion as a long-term policy solution for public service pension schemes and make full GMP indexation the permanent solution.
Drilling down into members' views
The PLSA's James Walsh sets out how the trade association has listened to members to decide its policies for the year
'Intrinsic bias' in DC pension system drives wedge into savings disparity
An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.
XPS to trial new working model following Covid-19
XPS is piloting a fully-flexible working policy that allows its 1,300 strong workforce to choose where they work.
Sackers launches ESG guide with focus on new climate-related disclosure requirements
Sackers has published its fifth ESG and climate change guide to help pension scheme trustees understand and respond to the latest regulatory requirements including the Task Force on Climate-related Financial Disclosures (TCFD).
Have your say: What matters most when it comes to the value of your savings?
In this week's Pensions Buzz, we want to know whether taxes, charges, or investment methodology matter most to you when it comes to the value of your savings.
Mindset significant in creating better long-term outcomes, says Aegon
Imagining a future self while working can help improve financial wellbeing in retirement, allowing people to understand what they want their post-working life to look like, says Aegon.
WPC calls for 'quick and decisive' action to prevent pension scams
The Work and Pensions Committee (WPC) has urged the government and regulators to “act quickly and decisively” to protect pension savers from scams.
Money mindset is an overlooked aspect of employee financial wellbeing
By recognising the importance of mindset, savers can be helped onto a better retirement and financial wellbeing path, says Linda Whorlow.
Five stories you may have missed this week
This week’s top stories include the government’s renewed focus on superfunds and Smart Pension’s commitment of £100m to a defined contribution private market default strategy.
TPR warns pension schemes to step up scam reporting
The Pensions Regulator (TPR) has called on the pensions industry to step up to stop scammers following a “concerning” long-term drop in reporting.
