News

Millions of public sector workers will be able to choose whether their pension provision should be accrued under legacy or reformed schemes under government plans announced yesterday.

Defined contribution (DC) schemes are mostly content with the current asset classes available despite the industry’s push into proving members can benefit from diversified investments underpinned by strong ESG integration.

The fall in pricing of credit assets due to Covid-19 has made bulk annuities more affordable for schemes with significant gilt holdings, according to XPS Pensions.

Almost all employers are now facing challenges when providing their staff with a workplace pension, according to Smarterly.

Pension scheme trustees are relying too much on their advisers to give a holistic view of any governance challenges their scheme may be facing, says RSM.

DLA Piper has set out a list of key issues for occupational pension scheme trustees and sponsors to consider in light on the Covid-19 pandemic.

Ensuring remote working colleagues and board members can keep in touch is suddenly more important than ever. We look at 19 video-enabled collaboration tools that could help bridge the communications gap.

The Pension Regulator’s (TPR) updated guidance has been met with some criticism from the industry, which is urging more action as the UK enters Covid-19 pandemic lockdown.

The Pensions Administration Standards Association (PASA) has launched a cybercrime and fraud working group to equip members will relevant guidance to best avoid pension scams.

The Parliamentary Contribution Pension Fund has been criticised for continuing to invest in fossil-fuel heavy companies despite a push into renewable energies.