PLSA: 'Micro-managerial' regulation has driven down trustee engagement with advisers
Regulation aimed at improving the governance of occupational pension schemes has left the sector "regulated to the lowest common denominator" with a "prescriptive and micro-managerial approach".
Moreover, this has caused trustees to take a "more risk-averse and compliance-led approach", and dampened innovation and switching in occupational pensions. This is what the Pensions and Lifetime Savings...
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UPDATE: DWP outlines climate risk mitigation expectations to TPR
The Department for Work and Pensions (DWP) has called on The Pensions Regulator (TPR) to deepen its research on its planned regulatory approach to tackling climate-related risks and how it would manage any opportunities from climate change.
The real concerns about the transition to CPIH
The transition from RPI to CPIH could have a significant impact on pension funds. However, as Con Keating says, the real challenges of this shift may come from an unexpected area.
Guy Opperman reappointed as pensions minister following cabinet reshuffle
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
Henry Tapper: Why do we need two accreditation regimes for professional trustees?
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Inflation hedging strong despite RPI uncertainty
Levels of inflation hedging remain strong despite there being no clarity on the outcomes of potential retail price index (RPI) reform, BMO Global Asset Management says.
