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      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
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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.

      Download
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Professional Pensions
Professional Pensions
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Michael Tennet

BA hearing - Day 2: Trustees 'little more than cyphers' if actions require employer consent
BA hearing - Day 2: Trustees 'little more than cyphers' if actions require employer consent

Trustees would have limited role in scheme governance if their duties simply include applying the employers' remuneration strategy and always seeking consent for other changes, the Court of Appeal has been told.

  • Law and Regulation
  • 03 May 2018
BA hearing - Day 1: Airways trustees put in 'invidious position of paymaster'
BA hearing - Day 1: Airways trustees put in 'invidious position of paymaster'

Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.

  • Law and Regulation
  • 02 May 2018
BA case: Trustees were 'reasonable' to include recovery payments in increase framework
BA case: Trustees were 'reasonable' to include recovery payments in increase framework

The Airways Pension Scheme (APS) trustees were "entirely reasonable" when including £55m annual recovery payments and a £250m contingent payment in their discretionary increase framework, their lawyer has said.

  • Law and Regulation
  • 09 December 2016
BA: Trustees' actions led to 'corrosion' of role and responsibilities
BA: Trustees' actions led to 'corrosion' of role and responsibilities

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.

  • Law and Regulation
  • 07 December 2016
BA: Trustees had no power to make amendment
BA: Trustees had no power to make amendment

Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.

  • Law and Regulation
  • 06 December 2016
BA case: Trustees should have added discretionary power when company was privatised, trustee says
BA case: Trustees should have added discretionary power when company was privatised, trustee says

Airways Pension Scheme (APS) trustees should have updated the scheme trust deed and rules when British Airways (BA) was privatised in 1987, a trustee has told the High Court.

  • Law and Regulation
  • 29 November 2016
BA case: APS MNTs had no ambition to return to RPI, says trustee
BA case: APS MNTs had no ambition to return to RPI, says trustee

Airways Pension Scheme (APS) trustees did not intend to hardwire Retail Price Index (RPI) during a test for awarding discretionary increases, a trustee has told the High Court.

  • Law and Regulation
  • 29 November 2016
BA case: MNTs matured over time but broke confidentiality, trustees recall
BA case: MNTs matured over time but broke confidentiality, trustees recall

Member-nominated trustees (MNTs) of the Airways Pension Scheme (APS) became more flexible and mature as time progressed, a fellow trustee has called.

  • Law and Regulation
  • 22 November 2016
BA case: Granting discretionary increase power was not legally risky, says Arter
BA case: Granting discretionary increase power was not legally risky, says Arter

It was not legally risky for the Airways Pension Scheme (APS) trustees to unilaterally amend the trust deed to give themselves a discretionary increase power, ex-adviser Anthony Arter has said.

  • Law and Regulation
  • 17 November 2016

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Mark Stocker dies following cancer battle
Pension Schemes Bill gets final approval and waits for Royal Assent
Pension Schemes Bill gets final approval and waits for Royal Assent
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L&G agrees £400m deal with own scheme
Boohoo acquisition of Debenhams leaves schemes with PPF
Boohoo acquisition of Debenhams leaves schemes with PPF
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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