Feature

Supply will need to be rebuilt following the forced shutdown, potentially pushing up inflation and reasserting the need for adequate hedges, writes James Phillips

Covid-19 has led to a collapse in real yields, creating a double-whammy for schemes of falling returns and increasing liabilities. James Macdonald asks if CoCo bonds can provide an opportunity for schemes in such an environment.

How do mistakes in scheme rules occur, when do they tend to be discovered and what can trustees do to correct these errors? Kate Payne explores the key considerations in these instances.

Peter Stanley and Clifford Sims set out why and when trustees are expected to listen to advice.

Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.

Jo Myerson looks what trustees should be considering if their sponsor decides to temporarily shut its doors.

With renewed urgency, governments and businesses strive for climate improvements, and pension schemes should take advantage, say Sammy Suzuki and Kent Hargis.

UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.

Local authority funds must use lessons from the past to continue delivering into the future, says James Stoddart

Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering