News

This week's Pensions Buzz respondents have decidedly rejected former energy and climate change secretary Sir Ed Davey's argument that schemes should divest from fossil fuel intensive companies.

The majority of fund managers do not have voting policies or guidelines on climate-related risks and diversity, an Association of Member Nominated Trustees (AMNT) survey has found.

The Ascot Lloyd Pension Trust has triggered its exit from the master trust market, becoming one of the 44 which have chosen not to apply for authorisation from The Pensions Regulator (TPR).

De La Rue's defined benefit (DB) pension scheme gained £80.5m after swapping the index used to revalue benefits, but lost £0.5m to rectify discrepancies identified in the scheme's rules.

The Pensions Regulator (TPR) is right to introduce new regulatory initiatives for 1,000 schemes as part of its clearer, quicker and tougher approach, this week's Pensions Buzz respondents said.

The former head of a charity for disabled people has denied defrauding its pension scheme of more than £250,000, sending the case to a full jury trial.

Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the April 2019 estimates on the various measures…

Sackers has set out key areas for trustees to focus on and keep high up on their agendas after the General Data Protection Regulation (GDPR) was introduced last year.

Pension trustees of Dunnes Stores in Northern Ireland have been stopped from running its defined contribution (DC) scheme by The Pensions Regulator (TPR), following "a catalogue of governance failures".