Five stories you may have missed this week
The top stories this week included articles on LCP’s warning that trustees will need to be corporate finance experts under new TPR powers, Livingbridge’s sale of Broadstone to Intermediate Capital Group, and the final approval of the Pension Schemes Bill.
1) Trustees will need to be corporate finance experts under new TPR powers Pension trustees will have much more involvement in business discussions and corporates will need to think more about pensions...
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PLSA: Most pension tax reforms will leave things worse and schemes at risk
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).
Scottish Widows adds 289,000 members to build workplace market presence
Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.
CMI: Excess deaths beginning to fall
The number of deaths registered in England and Wales for week six of 2021 was 27% higher than expected, down from 52% higher than expected in week five of the new year.
Pension freedoms introduced too fast with safeguards passed over
Corners were cut in the 2015 introduction of pension freedoms which have left pension savers vulnerable and suffering, according to Work and Pensions Committee (WPC) chairman Stephen Timms.
Sustainable Investment Forum: Registration opens
Registration for the inaugural Sustainable Investment Festival is now open.
