Brexit
Schemes with 'Brexit Day' valuations must review options, warns Aon
Sponsors and trustees of defined benefit (DB) schemes with 31 March valuation dates need to discuss their options given the clash with Brexit, according to Aon.
Aligning pensions admin with the 21st century
Holly Roach speaks to PASA's Kim Gubler about the year ahead, how technology is developing to help the industry and the benefits of the pensions dashboard.
Five action points for pension trustees as Brexit looms
Jonathon Land says 'wait and see' is no longer an option and trustees should be proactive to ensure they are on a robust footing ahead of 29 March
January sees marginal boost for DB funding levels
Defined benefit (DB) funding levels improved by just 40 basis points during January, according to JLT Employee Benefits.
Treasury launches fresh inquiry into post-Brexit financial regulation as UK enters 'uncharted waters'
The Treasury Select Committee has launched a new inquiry into the future of the UK's financial services once it has left the European Union.
FTSE 100 DB deficit improves by £36bn; Bond allocations rise
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
What will no-deal Brexit mean for cross-border schemes?
The government's latest draft no-deal Brexit regulations outline the end of the cross-border regime, but offer no guarantee of protection for members. James Phillips reports.
'These are not normal times': Reaction to May's defeat as attention turns to no-confidence vote
Industry commentators are expecting markets to remain volatile as uncertainty continues following the historic defeat for Prime Minister Theresa May's Brexit deal on Tuesday night.
Five stories you may have missed this week
This week's top stories were the DWP fixing the 'nonsensical' no-deal Brexit investment regulations, and the Resolution Foundation urging the government to cap the pension tax-free lump sum at £40,000.
Why we should be pensions positive in 2019
Despite the gloom around Brexit and all the challenges facing pensions, there are plenty of reasons to be cheerful. Top industry commentators tell Stephanie Baxter why there is cause for optimism
DWP fixes 'nonsensical' no-deal Brexit investment regulations
The Department for Work and Pensions (DWP) has amended draft no-deal Brexit regulations to remove a provision which would have made scheme investments illegal.
No-deal Brexit could add £219bn to buyout deficit
Crashing out of the European Union without a deal could cause a 37% increase in the aggregate buyout deficit for defined benefit (DB) schemes, says Cardano.
Bulk annuity deals to reach £30bn in 2019, predicts Willis Towers Watson
The bulk annuity market is set to grow to historically high levels in 2019 with £30bn worth of deals expected over the year, according to Willis Towers Watson (WTW).
Five stories you may have missed this week
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
How no-deal Brexit rules could see schemes in breach of law
The government has outlined how scheme investment regulations would be changed in the event of a no-deal Brexit. James Phillips explores the impact.
TPR will not set firm ratio for dividends and DRCs
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Brexit: What to watch out for as talks heat up
Mike Amey of PIMCO looks at how pension schemes can best navigate and prepare for Brexit over the next few weeks and months
No-deal Brexit: Contingency planning for trustees
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants
PLSA urges Hammond to address five pensions priorities in Budget
The government needs to boost pension schemes' access to illiquid investments, remedy the net-pay tax relief anomaly, and focus on securing a "successful Brexit" for pensions in its upcoming Budget, says the Pensions and Lifetime Savings Association (PLSA)....
Five stories you may have missed this week
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Sterling spikes as inflation beats expectations to hit six-month high of 2.7%
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
Hyperbolic discounting and political temptation: Why Brexit-fuelled AE reversal would be a 'monumental' mistake
The home secretary has suggested AE should be scrapped in the event of a no-deal Brexit. Darren Philp explains why this would be misguided
Five stories you may have missed this week
This week's top stories included the government admitting that expatriate pensioners across the UK and EU may lose access to their pensions if Brexit negotiations conclude with no deal.
Government concedes EU pensions loss in no-deal Brexit scenario
More than 300,000 pensioners may lose access to their pensions if the UK is unable to agree a Brexit deal, the government has conceded.
