MNOPF
Pension funds should focus on members' broader wellbeing
There is more to being a pension fund trustee than providing members with a pension, says Rory Murphy.
Fiduciary Management Focus: Rory Murphy to deliver keynote on MNOPF's journey
Merchant Navy Officers Pension Fund chairman Rory Murphy is to deliver the opening keynote at Professional Pensions’ Fiduciary Management Focus conference next week.
Engaging members on financial wellbeing
Charlotte Moore looks at industry efforts to why improving members' financial wellbeing and retirement planning is crucial in a crisis situation.
MNOPF offers wellbeing programme to its members
The Merchant Navy Officers Pension Fund (MNOPF) has launched a wellbeing programme to help members and their families during the Covid-19 pandemic.
Alignment is key to active fiduciary management outsourcing
Following the Competition and Marketing Authority's investigation, Nick Reeve looks at how trustees can prepare for the formal tender process required for the selection of fiduciary managers.
Tinker, failure, closure, grief
A pensions commission would provide an opportunity to get past short-termist thinking in a political world dominated and saturated by Brexit, says Rory Murphy.
Schemes must do more to embrace diversity
Rory Murphy says pension funds must do more to embrace and reflect the diversity among their membership.
'We need to talk': How mediation could help save troubled pensions relationships
Rory Murphy says a bona fide mediation process could provide valuable evidence of reasonableness for trustee and employer alike
Lessons from Lehman for pension trustees
A decade after the crisis, Rory Murphy says the industry must embrace the same approach to consumer engagement that is benefitting innovators in banking and retail
Trustees need to engage more on climate change risk
Rory Murphy argues there is no excuse for pension trustees to be taking a back seat on climate change risks in the investment chain.
Power to the people
Rory Murphy says real and positive changes in the industry are best achieved if they reflect the interests of the consumer
Five stories you may have missed this week
This week's top stories included the pension tax relief consequences of the Scottish government's decision to differ tax bands for Scottish workers compared to the rest of the UK.
MNOPF conducts £490m buy-in with L&G
The £3bn Merchant Navy Officers Pension Fund (MNOPF) has insured around 2,500 pensioner members in a £490m buy-in with Legal & General (L&G).
Letter: Trustees as well as investment consultants must address weaknesses
Rory Murphy, trustee chairman of the Merchant Navy Officers Pension Fund (MNOPF), says trustees must do more to share best practice in bid to improve outcomes.
MNOPF: Trustees must step up and play their part
Rory Murphy, trustee chairman of the Merchant Navy Officers Pension Fund, tells Stephanie Baxter why trustees must take more responsibility and not shift blame onto advisers and managers.
BHS settlement met with relief by industry; Proves TPR has 'enough powers'
Much of the industry has praised the regulator for striking a deal with Sir Philip Green over the BHS schemes and expressed a degree of relief.
How MNOPF improved its funding level despite low rates
The Merchant Navy Officers Pension Fund has raised its funding level by 10% since 2012.
Exclusive: MNOPF improves funding by 10% after ramping up LDI
The £2.7bn Merchant Navy Officers Pension Fund (MNOPF) has improved its funding level to 79% after increasing its liability hedging ratio to 95% of assets.
Merchant Navy Officers Pension Fund closes DB to future accrual
Merchant Navy Officers Pension Fund (MNOPF) will close its defined benefit (DB) scheme to future accrual and instead introduce a 30% defined contribution (DC) rate for members.
Ensign Pensions steps back from MNRPF over conflicts
Ensign Pensions is to stop providing services to the Merchant Navy Ratings Pension Fund (MPRPF) over concerns conflicts of interest.
Shipping sector DC scheme opens
The Ensign Retirement Plan, an industry-wide defined contribution (DC) scheme for the shipping sector, opens for business tomorrow.
Employer debt: Easing the load on exiting employers
Government keen to soften the blow on departing sponsors
MNOPF: Steadying the ship at the multi-employer scheme
Andrew Waring talks about buy-ins, buyouts, longevity swaps and multi-employer DC arrangements
High Court to rule on MNRPF deficit recovery plan
The High Court is due to make a ruling in the high-profile Merchant Navy Ratings Pension Fund Trustee (MNRPF) legal case on 25 February.
