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      event logo
      Webinar: Using passion for ESG to unleash member engagement

      This webinar will look at how pension schemes can harness their members’ interest in ESG to engage them more broadly with their pensions. In particular, it will look at exclusive research showing how members are reacting to ESG; their propensity to act versus their actual behaviour; and the expectations they have of providers in this regard.

      • Date: 26 Jan 2021
      • Webinar
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      Investment Conference

      This two part Investment Conference will bring you the latest updates from economists, asset managers and pension consultants. We will be taking a look at the outlook for the 2021 economy, alternatives, cashflow strategies and global equity markets to name a few, assessing how they fared through the volatility and what we can expect for the year ahead.

      • Date: 27 Jan 2021
      • Digital Conference
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      Webinar: What to put on your GMP Equalisation project roadmap for 2021

      This webinar will bring together views from actuaries, lawyers, administrators, trustees and data experts to look at the pragmatic, collaborative solutions that are open to schemes to solve the GMP equalisation challenges in 2021. It will assess the individual challenges schemes face with equalisations and provide some practical options that are available to resolve these issues.

      • Date: 02 Feb 2021
      • Webinar
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      Webinar: Will the world return to normal in 2021?

      In this webinar, PP editor Jonathan Stapleton will be joined by BMO’s chief economist Steven Bell and director of fiduciary management, Christy Jesudasan, alongside PTL trustee director Melanie Cusack and Isio’s head of fiduciary management oversight Paula Champion to discuss the significant impact of these themes on the pensions sector.

      • Date: 04 Feb 2021
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  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

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lloyds banking group

Updated: Landmark GMP ruling 'significant challenge' for schemes
Updated: Landmark GMP ruling 'significant challenge' for schemes

Defined benefit (DB) schemes that provide GMPs must revisit and, where necessary, top-up historic cash equivalent transfer values (CETVs) that have been calculated on an unequal basis, a landmark court judgment said last week.

  • Admin / Technology
  • 23 November 2020
Maps tasked with addressing 'urgent' wellbeing implications of Covid-19
Maps tasked with addressing 'urgent' wellbeing implications of Covid-19

Thirteen recommendations for the Money and Pensions Service (Maps) have been laid out in an independent report to address the “urgent” financial wellbeing implications of the coronavirus pandemic on Britons.

  • Industry
  • 16 October 2020
Schroders completes £75bn transfer of Scottish Widows and Lloyds Banking assets
Schroders completes £75bn transfer of Scottish Widows and Lloyds Banking assets

Seven tranches

  • Industry
  • 14 April 2020
Looking forward to Lloyds (again)
Looking forward to Lloyds (again)

Mark Smith looks at the next instalment of the Lloyds Bank's GMP equalisation court hearing, and what it could entail for pension transfers.

  • Law and Regulation
  • 10 March 2020
Scottish Widows debuts responsible investment framework
Scottish Widows debuts responsible investment framework

Scottish Widows is aiming to boost its sustainability practices by working under a new responsible investment and stewardship framework.

  • Investment
  • 10 March 2020
Scottish Widows completes £2bn de-risking deals in 2019
Scottish Widows completes £2bn de-risking deals in 2019

Scottish Widows completed five bulk annuity transactions in 2019, with liabilities insured exceeding £2bn.

  • Risk Reduction
  • 21 February 2020
Five stories you may have missed this week
Five stories you may have missed this week

This week’s top stories included Lloyds agreeing a £10bn longevity swap with Pacific Life Re for three of its pension schemes, and the Co-operative Pension Scheme completing a £1bn buy-in with Aviva.

  • Industry
  • 31 January 2020
Lloyds secures one million new pension customers, beating 2020 target
Lloyds secures one million new pension customers, beating 2020 target

Lloyds Banking Group has secured one million new pension customers since the start of 2018, according to its half year results to 30 June.

  • Industry
  • 31 July 2019
Lloyds to pay SLA £140m in compensation over termination of Scottish Widows mandate
Lloyds to pay SLA £140m in compensation over termination of Scottish Widows mandate

Lloyds Banking Group will compensate Standard Life Aberdeen (SLA) £140m for the attempted early termination of an investment management arrangement for Scottish Widows worth over £100bn.

  • Investment
  • 24 July 2019
PLSA invites PQM applications and announces committee members
PLSA invites PQM applications and announces committee members

The Pensions and Lifetime Savings Association (PLSA) is inviting applications for its Pension Quality Mark (PQM), after making changes to the minimum requirements.

  • Defined Contribution
  • 02 July 2019
LCP: FTSE 100 scheme funding to fall by £100bn if accounting rules change
LCP: FTSE 100 scheme funding to fall by £100bn if accounting rules change

Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).

  • Defined Benefit
  • 21 May 2019
Hymans Robertson appoints two equity partners and five partners
Hymans Robertson appoints two equity partners and five partners

Pensions and risk consultancy Hymans Robertson has appointed two equity partners and five partners from across the firm.

  • Appointments
  • 20 May 2019
SLA tribunal triumph over Lloyds termination of £109bn Scottish Widows mandate
SLA tribunal triumph over Lloyds termination of £109bn Scottish Widows mandate

Standard Life Aberdeen has won a tribunal in which it claimed Lloyds Banking Group was not entitled to give notice to terminate investment management arrangements for a £109bn mandate.

  • Regulation
  • 19 March 2019
The pension court cases to watch in 2019
The pension court cases to watch in 2019

A groundhog year kicks off as many of 2018's biggest court cases return on appeal. James Phillips rounds up what trustees should keep an eye on.

  • Law and Regulation
  • 05 March 2019
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020

Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.

  • Industry
  • 20 February 2019
DB transfer value quotation requests dip in Q3 after GMP equalisation ruling
DB transfer value quotation requests dip in Q3 after GMP equalisation ruling

Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.

  • Defined Benefit
  • 19 November 2018
What the Lloyds case means for advising DB schemes
What the Lloyds case means for advising DB schemes

Henry Tapper says the Lloyds GMP ruling will see little benefit for members but profound fees to administrators.

  • Law and Regulation
  • 01 November 2018
GMP ruling gives schemes clarity, cost and complexity
GMP ruling gives schemes clarity, cost and complexity

Jonathan Stapleton says the GMP headache may persist as schemes take action following ruling.

  • Law and Regulation
  • 30 October 2018
Five stories you may have missed this week
Five stories you may have missed this week

This week's top stories included the High Court ruling that guaranteed minimum pensions must be equalised, and Ford offering partial defined benefit transfers to members.

  • Industry
  • 26 October 2018
UPDATED: GMPs must be equalised and arrears paid, High Court rules
UPDATED: GMPs must be equalised and arrears paid, High Court rules

Thousands of defined benefit (DB) schemes will be forced to amend their scheme rules and equalise guaranteed minimum pensions (GMPs) between men and women, the High Court has ruled.

  • Law and Regulation
  • 26 October 2018
BlackRock wins £30bn Scottish Widows mandate
BlackRock wins £30bn Scottish Widows mandate

BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.

  • Industry
  • 12 October 2018
What to expect from the High Court decision on Lloyds' GMP equalisation
What to expect from the High Court decision on Lloyds' GMP equalisation

With the High Court's judgment expected imminently, Victoria Ticha examines the possible outcomes and what it could mean for schemes

  • Law and Regulation
  • 01 October 2018
Lloyds' pension surplus rises by £1bn in six months
Lloyds' pension surplus rises by £1bn in six months

The defined benefit (DB) pension schemes of Lloyds Banking Group saw their combined accounting surplus grow by £954m over the first six months of 2018.

  • Defined Benefit
  • 01 August 2018
Standard Life Aberdeen disputes Lloyds 'right' to pull £109bn Scottish Widows portfolio
Standard Life Aberdeen disputes Lloyds 'right' to pull £109bn Scottish Widows portfolio

SLA claims it is not a 'material competitor'

  • Investment
  • 08 May 2018
12

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Trustees will need to be corporate finance experts under new TPR powers
Trustees will need to be corporate finance experts under new TPR powers
Livingbridge sells Broadstone to Intermediate Capital Group
Livingbridge sells Broadstone to Intermediate Capital Group
Pension Schemes Bill gets final approval and waits for Royal Assent
Pension Schemes Bill gets final approval and waits for Royal Assent
Mark Stocker dies following cancer battle
Mark Stocker dies following cancer battle
USS: Cost of scheme is 'growing challenge' as future returns 'likely to be lower'
USS: Cost of scheme is 'growing challenge' as future returns 'likely to be lower'
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