Industry
PASA reaccredits Hymans Robertson, Lothian Pension Fund and UK Power Networks
Hymans Robertson, Lothian Pension Fund, and UK Power Networks have been reaccredited by the Pensions Administration Standards Association (PASA).
DWP questions trustees' understanding of 'S' in ESG in call for evidence
The Department for Work and Pensions (DWP) is seeking views on how trustees understand the role of social factors in pension scheme ESG policies.
UK 'reasonably robust' in global comparison of pensions scheme disclosure transparency
The UK has ranked sixth out of 15 countries compared for the transparency of their pension scheme disclosures.
We need stronger leadership from finance CEOs on mental health
Laura Chappell looks at how the lockdown has impacted mental health and why there is a human and business case for making sure help is available when employees of any seniority need it.
Tax Day: Pensions tax relief escapes reform as government focuses on superfunds
The government’s much-awaited ‘Tax Day’ was met with little fanfare as predictions of cuts to higher-rate tax relief again failed to materialise.
PASA publishes data management plan guidance
The Pensions Administration Standards Association (PASA) has published guidance on scheme data management plans.
Treasury 'likely' to impose radical cuts to tax relief
Treasury officials are considering cuts to tax relief that would see higher-rate tax relief on pension contributions slashed, according to reports.
Maps replaces legacy brands with single offering MoneyHelper
The Money and Pensions Service (Maps) has launched MoneyHelper — a single consumer destination replacing the Money Advice Service, the Pensions Advisory Service and Pension Wise.
Five stories you may have missed this week
This week’s top stories include Axa’s deferred longevity swap with Hannover Re, and Capita’s restructuring plans for simplifying the business.
SPP calls for urgent clarifications to keep dashboard programme on track
Urgent clarity is needed in seven key areas in order to keep the pensions dashboard timetable on track, the Society of Pension Professionals (SPP) says.
DWP hands out funding boost of £400,000 in retirement savings mid-life MOT trials
Schemes that help savers with later life planning as part of a government trial will receive a £400,000 funding boost, the Department for Work and Pensions (DWP) says.
Guy Opperman and Chuka Umunna among keynotes revealed for Sustainable Investment Festival
Professional Pensions parent Incisive Media is pleased to announce the first keynote speakers for its inaugural Sustainable Investment Festival, which takes place live online between 22-25 June.
Current pension cybercrime situation 'not a pretty picture' as attacks almost double during Covid
The current situation of cybercrime in the pensions industry is a growing concern, with attacks almost doubling during the Covid-19 pandemic, according to industry experts.
TISA publishes first ESG reporting good practice guide
Helping firms 'get ahead' under SFDR
Savers urged to look more closely at investment pathway offerings to avoid poor outcomes
Retirees who are shunning annuities face a huge variety of product options, charges and investment performance when going down the investment pathway route and need to do more to 'look under the bonnet' before making a selection, LCP research finds.
PPF 'disappointed' as it reports widening pay gap for the first time
The Pension Protection Fund’s (PPF) median gender pay gap had risen to 15.71% as at 31 March 2020, up from 13% the year prior, according to its latest pay gap report.
Less than half of schemes hold digital copies of members' accrued savings
Less than half (45%) of trustees and pension scheme administrators say their schemes have accurate accrued pension amounts available digitally for all members, according to PP research.
Have your say: Does the guidance available to schemes covering GMPs/dashboards/cyber security play a part in guiding your decision making?
In this week's Pensions Buzz, we want to know whether the guidance available to schemes covering GMPs/dashboards/cyber security actually plays a part in guiding your decision making.
Industry split on whether the Spring Budget hit the right notes
The pensions industry is broadly split on whether the Spring Budget hit the right notes in regards to its approach to pensions, according to a poll by PP.
Just's Hub Financial Solutions launches retirement advice service; Offering selected by Mercer for UK corporate clients
Hub Financial Solutions, the corporate solutions and advice business of Just Group, has formally launched an automated retirement advice service in a bid to offer a personalised offering to retirees.
Five stories you may have missed this week
This week’s top stories included the launch of the Institutional Investors Group on Climate Change’s Net Zero Investment Framework, while Pension Insurance Corporation extended its administration contact with Capita Pensions.
Pension transfer values see largest ever monthly fall
Pension transfer values saw the largest ever monthly fall in February, according to XPS Pensions.
