Hymans Robertson
The future of LGPS admin in a post-Covid-19 world
Covid-19 has thrown up key questions on adaptability, administration processes and new working methods for the LGPS. Ian Colvin takes a look at how funds have responded and the changes that lie ahead.
PLSA publishes template for DC chair's statements
The Pensions and Lifetime Savings Association (PLSA) has published a drafting template to help defined contribution (DC) scheme trustees produce their annual chair’s statements.
DC schemes show Covid-19 recovery trend
Defined contribution (DC) pensions are showing positive signs of market recovery after dramatic falls in the number of expected retirements this year due to the ongoing coronavirus pandemic.
Patrick Bloomfield elected next ACA chair
Hymans Robertson scheme actuary and partner Patrick Bloomfield has been elected chair of the Association of Consulting Actuaries (ACA).
Tool launched to help with coronavirus compliance
Hymans Robertson has launched a segment identifier tool to help schemes meet The Pensions Regulator’s (TPR) expectations during the Covid-19 pandemic.
Covid-19: Your industry guide
The Pensions Management Institute has produced an industry guide to Covid-19.
Hymans Robertson appoints 12 partners in largest ever single intake
Pensions and financial services consultancy Hymans Robertson has promoted three partners to the role of equity partner and nine others to partner.
Northern LGPS launches property investment management framework
Northern LGPS has opened a procurement framework for property investment managers, mirroring existing collaboration agreements with local authority funds.
Reaction: Annual funding statement retains pressure on trustees to secure cash
The Pensions Regulator’s (TPR) annual funding statement aims to keep up pressure on schemes but tries to avoid putting undue strain on employers at a time of crisis, the industry says.
Five stories you may have missed this week
This week’s top stories included figures from Aon showing the actuarial valuations of at least a quarter of defined benefit schemes are likely to have been badly impact by Covid-19. Also, The Pensions Regulator issued further guidance for employers with...
Half of schemes set to reach buyout by 2040; Demand to average £37bn annually over decade
The coronavirus pandemic is unlikely to curb pension scheme enthusiasm for buy-ins and buyouts, says Hymans Robertson.
Fraser Smart: Seeking a nirvana for BA pension members
Technology is at the heart of BA Pensions’ drive to help members and it wants to share that with others. James Phillips speaks to BA Pensions chief executive Fraser Smart.
Legislation is holding back chair's statements
Maggie Williams looks at whether chair's statements are having the desired effects, and what lies in their future.
HMRC pushes back deadline for GMP data cuts
HM Revenue and Customs has extended the deadline for the issue of final reconciliation data cuts due to the coronavirus outbreak.
Covid-19: Six actions for scheme sponsors to consider
Against a Covid-19 backdrop of deteriorating funding positions and reduced ability to pay DRCs, Alistair Russell-Smith looks at key actions for scheme sponsors.
TPR deficit contribution guidance welcomed but 'hidden implications' arise
The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.
A DC coronavirus checklist for trustees
In these unprecedented times, it is more important than ever that DC schemes have the right processes in place for governance, communications, and administration. Rona Train looks at what you need to be checking for.
De-risking in a crisis: What you can do during the coronavirus pandemic
While market conditions may have put a dent in your de-risking plans, there is still plenty of preparation you can do and opportunities to take advantage of, says Michael Abramson.
Updated: The contingency plans activated by administrators during the coronavirus outbreak
In the face of the coronavirus outbreak, Holly Roach looks at the contingency plans activated by key pensions administrators to ensure business continuity.
LGPS funds' knowledge and understanding to be assessed
Hymans Robertson has launched a national assessment to measure levels of knowledge and understanding in Local Government Pension Schemes (LGPS).
Pensions schemes feel the force of FTSE 100 plunge
Institutional investors are continuing to flounder after the FTSE 100 opened the week down 8.72%, crashing into technical bear market territory.
DB scheme deficits grow by £100bn due to coronavirus impact
The impact of coronavirus has added £100bn to defined benefit (DB) schemes in just one week, according to Hymans Robertson.
UK Pensions Awards 2020 - Shortlists published
Here they are. The finalist lists for the UK Pensions Awards 2020.
The Coronavirus impact on DB pensions
As the number of Coronavirus cases continues to grow, Calum Cooper looks at the potential impact on DB scheme liabilities and sponsor covenants.
