Industry

Here it is… The list of all the individuals and organisations that have been nominated for the third annual PP Rising Star Awards.

West Midlands Pension Fund (WMPF) has become the first Local Government Pension Scheme (LGPS) “friend” of the Pension and Lifetime Savings Association’s (PLSA) Retirement Livings Standards.

The pensions industry is “optimistic” about GMP equalisation with many schemes expecting to be paying pensions on an equalised basis by the end of 2022, according to research by Sackers.

The impact of the tapered annual allowance is clear after a 27 percentage point increase in NHS staff who exceed the pension annual allowance electing voluntary scheme pays, Quilter says.

Hope William-Smith takes us through some of the biggest current news stories for trustees and pension professionals.

This week’s top stories include Lane Clark & Peacock’s acquisition of Aon’s German business and XPS Pension Group’s promotion of six new partners.

Schemes must understand how they shape up and develop a strategy for recovery as it becomes “apparent that 2021 will continue to be a challenge for pension schemes”, Aon says.

The Pensions Dashboards Programme (PDP)’s update outlining its breakdown of what will take place in the next six months of development is unlikely to be feasible, PP readers say.

The Co-op has launched a ten point plan to achieve net zero by 2040 and will partner with ethical pensions campaign Make My Money Matter (MMMM) on its commitment.

The Pensions Regulator (TPR) has published its three-year corporate plan outlining how it will protect savers as the UK recovers from the pandemic.