The Parliamentary Contribution Pension Fund has been criticised for continuing to invest in fossil-fuel heavy companies despite a push into renewable energies.
Pensions and financial inclusion minister Guy Opperman has warned schemes who do not have their data organised to the standard required for the pensions dashboard will face “draconian penalties.”
Small defined contribution (DC) schemes will be “nudged” into consolidation under new government plans to ramp up governance.
Guy Opperman says he will not slow down on aiming to implement “ambitious” programmes to tackle climate change while the government will also continue to intervene where it feels the industry is not doing enough.
Cross-industry task force issues guidance on stricter climate-related disclosures for pension schemes
A consultation has been launched on guidance to help schemes get to grips with assessing, managing, and reporting climate-related risks in-line with Task Force on Climate-related Financial Disclosures (TCFD).
Guy Opperman has now served as pensions and financial inclusion minister for 1,000 days in a tenure marked by myriad major changes to the pensions landscape.
Schemes must do more to lessen the financial risks of climate change, says Guy Opperman.
There was no industry consensus on the benefits and negatives of scrapping high-rate tax relief from this week’s 115 Pension Buzz peers in split results.
Guy Opperman has confirmed the earnings trigger for auto-enrolment (AE) will remain at £10,000 following this year’s annual review.
Caroline Siarkiewicz has been appointed as chief executive of the Money and Pensions Service (Maps) after seven months in the position on a temporary basis.
Pension providers must now be proactive and prepare their data in order to be ready for the pensions dashboard, Guy Opperman has warned.
Think tanks The Fabian Society and Bright Blue have called for a new pensions commission, as Guy Opperman lends his support.
Changes are afoot in the pensions regulatory landscape in a bid to boost both security and outcomes for members. Charles Counsell reveals what you can expect from the regulator this year.
The Pensions and Lifetime Savings Association (PLSA) has welcomed the reintroduction of the pension schemes bill, after the government reaffirmed the details in the reopening of parliament this week.
The Pensions Regulator (TPR) has welcomed the government’s latest update on the details of the pension schemes bill.
As the DWP’s consultation on simpler annual benefit statements closes, Holly Roach looks at the industry’s response.
The pension schemes bill is set to boost income and protection for pension scheme members, says Guy Opperman, making 2020 a pivotal year for retirement savings.
Guy Opperman has retained his post as pensions and financial inclusion minister, the Department for Work and Pensions (DWP) has confirmed.
The Department for Work and Pensions (DWP) has launched a consultation setting out proposals for the adoption and launch of simpler annual benefit statements. Holly Roach reports
The Pensions Climate Risk Industry Group is drafting trustee guidance on climate-related issues and how they can address the risks as part of their governance processes.
A panel of experts have shared their views on how DB schemes can make good consolidation decisions. Kim Kaveh reports from the PLSA’s annual conference .
Simplified, one-page pension wake-up packs launched last week, but the industry does not agree that they will make much difference to members’ saving attitudes. Holly Roach reports
Automatic enrolment (AE) has helped level the number of women saving into a workplace pension with the number of men, The Pensions Regulator (TPR) has said.
Schemes must “act now” to equalise guaranteed minimum pensions (GMPs), pensions and financial inclusion minister Guy Opperman says.