How do mistakes in scheme rules occur, when do they tend to be discovered and what can trustees do to correct these errors? Kate Payne explores the key considerations in these instances.
While designed to boost member understanding, published statements of investment principles could muddy the waters and put members off altogether, says Anna Copestake.
The Littlewoods Pensions Scheme has completed a buy-in covering just under £930m of around 6,500 members’ benefits with Rothesay Life, the majority of which relate to deferred members.
Here they are. The finalist lists for the UK Pensions Awards 2020.
The law does not require trustees to be perfect, but they must understand it to know the true value of scheme liabilities, says Anna Copestake.
ESG is increasingly important for schemes but trustees have little influence over manager decisions. Pádraig Floyd asks what they can do to redress the balance.
Schemes must be aware of the proposed rules on reporting corporate events, or they could face a £1m fine, says Anne-Marie Winton.
Arc Pensions Law partner Anna Copestake scooped the Pensions Lawyer of the Year award at PP’s Women in Pensions Awards. She talks to Holly Roach about her successes to date.
Thomas Cook’s four UK defined benefit (DB) pension schemes are expected to enter the Pension Protection Fund (PPF) as the company begins insolvency proceedings.
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
Trustee boards are not focusing enough on data issues despite the bad effect poor data can have on members, according to a PMI roundtable in May. Holly Roach reports
PP asks three lawyers about how the key legal issues schemes facing schemes conducting or considering risk reduction exercises
The trustees of the Littlewoods Pensions Scheme have agreed an £880m pensioner buy-in with Scottish Widows.
The Upper Tribunal has ruled in favour of TPR in its long-running dispute with ITV over the Box Clever pension scheme. James Phillips explores the impact of the judgment.
British Airways and one of its schemes' trustees are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Post Office has agreed a £450m bulk annuity for its section of the Royal Mail Pension Plan, insuring all 5,700 members with Rothesay Life.
Michael Klimes explores whether consultants and actuaries could end up in court if they fail to give proper advice on financial risks related to climate change
Arc Pensions Law has announced Anna Copestake has been promoted from senior associate to partner, increasing its total number of partners to eight.
Anne-Marie Winton looks at how a proposed Section 75 amendment could help non-associated multi-employer schemes.
Expat pensioners may not receive their entitlements if no deal is reached in the Brexit negotiations, the Treasury select committee has warned the Chancellor.
Nigel Jones looks at how trustees and employers could be straying into giving members advice rather than guidance when it comes to DC schemes
A panel at Pensions and Benefits UK discussed the strengths and weaknesses of the DB system. Michael Klimes reports
James Phillips explores what the win for the trustees in the British Airways trial means for other pension schemes.
British Airways (BA) has lost a landmark trial to block its pension trustees' decision to award a discretionary increase in 2013.