• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • Spotlights
  • Digital Edition
  • PPTV
  • Newsletters
  • Sign in
  •  
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
  • Events
    • Upcoming events
      event logo
      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: 20 Jan 2021
      • Digital Conference
      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
      event logo
      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
      event logo
      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
      • Webinar
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up

  • 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
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Spotlights
  • Digital Edition
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in

MNOPF Trustees Merchant Navy Officers

Five stories you may have missed this week
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.

  • Industry
  • 15 December 2017
Five stories you may have missed this week
Five stories you may have missed this week

The biggest stories were predictions the Chancellor would introduce a flat rate of tax relief, Merchant Navy Officers closing defined benefit to future accrual, and KPMG expanding its defined contribution team by a third.

  • Law and Regulation
  • 04 March 2016
Merchant Navy Officers Pension Fund closes DB to future accrual
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.

  • Defined Benefit
  • 29 February 2016
Pi Consulting grows scheme secretary and governance team
Pi Consulting grows scheme secretary and governance team

Paul Blackmur has been appointed as a senior consultant by Pi Consulting as the firm sees increasing demand for governance services.

  • Appointments
  • 18 February 2016
RAC Pension Scheme completes £600m longevity swap

The RAC (2003) Pension Scheme has completed a £600m longevity swap with Scor Se, which could be a watershed in how small schemes manage longevity risk.

  • Defined Benefit
  • 30 November 2015
Towers Watson makes senior fiduciary management hire from Cardano

Duncan Higgs has re-joined Towers Watson from Cardano, to work as a senior investment consultant on its delegated investment team.

  • Appointments
  • 26 November 2015
MNRPF hires Towers Watson as fiduciary manager

The trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has appointed Towers Watson to provide fiduciary management services to the £850m scheme.

  • Investment
  • 09 November 2015
Ensign to launch maritime industry-wide DC scheme in August

An industry-wide defined contribution (DC) scheme for maritime employers and employees will launch on 1 August, providing full access to the recently-introduced pension flexibilities.

  • Defined Contribution
  • 08 June 2015
Merchant Navy Officers Pension Fund enters £1.5bn longevity swap

The trustee of the Merchant Navy Officers Pension Fund (MNOPF) has hedged the longevity risk for £1.5bn of the scheme's members.

  • Risk Reduction
  • 07 January 2015
MNOPF merges pension payments for member ease

The Merchant Navy Officers Pension Fund (MNOPF) has consolidated its pension payments to simplify the process for members.

  • Admin / Technology
  • 12 September 2014
MNOPF appoints Hymas as CFO

The trustees of the Merchant Navy Officers Pension Fund (MNOPF) have appointed Bob Hymas as chief financial officer (CFO).

  • Appointments
  • 23 January 2014
EXCLUSIVE: MNOPF to rebrand third party businesses as Ensign

The Merchant Navy Officers Pension Fund (MNOPF) is to rebrand its third party administration and trustee services businesses, MNPA and MNTS, as Ensign.

  • Admin / Technology
  • 13 June 2013
MNOPF agrees £680m buy-in with Rothesay Life

The Merchant Navy Officers Pension Fund has secured a £680m buy-in with Rothesay Life.

  • Risk Reduction
  • 13 December 2012
MNOPF appoints Hymans Robertson to monitor Towers Watson fiduciary role

The £3.3bn Merchant Navy Officers Pension Fund has appointed Hymans Robertson as independent investment adviser to monitor and challenge the actions of its fiduciary manager, Towers Watson.

  • Investment
  • 09 June 2011
Schemes face higher levy bill in new regime

Schemes with high insolvency scores could see their insolvency probability increase by a factor of five under the Pension Protection Fund's new levy framework, a consultant says.

  • Defined Benefit
  • 19 May 2011
MNOPF blasts PPF levy proposals as 'unfair' to last man standing schemes - UPDATED

The Pension Protection Fund's new levy calculation remains unfair to last man standing multi-employer schemes and must be changed, the Merchant Navy Officers Pension Fund says.

  • Defined Benefit
  • 07 February 2011
MNOPF appoints Towers Watson to delegated CIO role following review

UK - The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn ($4.7bn) pension fund.

  • United Kingdom
  • 04 October 2010
High Court ruling clarifies employers' position on funding obligations

Employers who thought they were free of funding obligations might still be "on the hook" for paying liabilities, following a High Court ruling yesterday.

  • Legislation
  • 29 June 2010
MNOPF signs second buy-in deal

UK - The Merchant Navy Officers Pension Fund has secured a further £100m (US$149.9m) of liabilities after signing a second buy-in deal with Lucida.

  • United Kingdom
  • 10 May 2010
MNOPF signs second buy-in deal

The Merchant Navy Officers Pension Fund has secured a further £100m of liabilities after signing a second buy-in deal with Lucida.

  • Bulk Annuities
  • 10 May 2010
MNOPF and ICL Pension Trust complete property overhaul

The Merchant Navy Officers Pension Fund has sold three properties in its portfolio for £60m.

  • Property
  • 14 January 2010
High Court ruling limits employer debt triggers

UK - A ruling by the UK High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

  • Defined Benefit
  • 11 December 2009
High Court ruling limits employer debt triggers

A ruling by the High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

  • Defined Benefit
  • 11 December 2009
SPC says buyout volumes will top £5bn in 2010

UK - The volume of buyout transactions will rise to £5bn (US$7.9bn) in 2010 as prices become lower and more stable, the Society of Pension Consultants predicted.

  • Bulk Annuities
  • 06 October 2009
12

Most read

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
LGPS to become negative cashflow 'by 2024'
LGPS to become negative cashflow 'by 2024'
Pension Schemes Bill set for final debate next week
Pension Schemes Bill set for final debate next week
Aegon commits to net-zero default funds by 2050
Aegon commits to net-zero default funds by 2050
Trustpilot

 

  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading