All articles by Alex Warnakulasuriya – Page 3
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NewsGina Miller: Brexit could change retirement attitudes
Economic turmoil induced by the UK’s exit from the EU might tempt savers to draw from their retirement pots sooner, according to Gina Miller, founding partner at wealth manager SCM Direct.
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FeaturesForces win back payout for family bereavement
The Ministry of Defence has agreed to introduce the Short-Term Family Pension to the Armed Forces Pension Scheme 2015. The provision, which is in place for members of the 1975 scheme, was not carried over to the new 2015 scheme.
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News
Progress towards long-term objectives tops list of DB concerns
Concerns over long-term objectives, managing funding constraints and keeping up with change rank at the top of concerns held at defined benefit schemes, followed by the task of balancing stakeholder interests, new research has found.
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Features
Is it time for a trustee code of conduct?
From politics to professional football, acting and the media, every corridor of power has been exposed, particularly in recent weeks, as rife with abuse and exploitation.
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FeaturesJT Dove lowers deficit following mortality study
The £26m JT Dove Pension Scheme has reduced its forecast deficit by 11 per cent following a medically underwritten mortality study.
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FeaturesTeachers’ Pensions gets slammed over admin
Teachers’ Pensions, which runs the Teachers’ Pension Scheme, has been criticised by its members over its perceived poor service delivery, as experts highlight the limitations of relying on online servicing.
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OpinionIt's time to put our faith in experts
From the blog: The transfer market has been frantic with activity since the introduction of pension freedoms in 2015. Around £50bn has been cashed out of company pension schemes over the past two years, according to Mercer.
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NewsLords want default guidance for pension savers
The House of Lords added more pressure to the government on Tuesday as a Liberal Democrat-led amendment to the Financial Guidance and Claims bill was passed by 283 to 201 votes.
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News
Divorced women lose out on £5bn in pension payments each year
Scottish Widows research has found that divorced women are missing out on £5bn in pension payments each year, as experts highlight the need for women to take professional advice on pensions during the divorce process.
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NewsEquity release plans hit record levels
The value of equity release plans surged past £800m in a single quarter for the first time in Q3 2017. The 9,905 new plans agreed between July and September represent a 34 per cent rise from Q3 2016.
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NewsGovernment defeated over delays to cold-calling ban
The government was defeated in the House of Lords on Wednesday night by an amendment to the financial guidance and claims bill, which sought to bring forward plans to ban pensions cold-calling.
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FeaturesEDP valuation finds liability overstatement
The £7.8m Electronic Data Processing scheme has avoided a £420,000 addition to its liabilities, after a finalised actuarial valuation corrected an overstatement for certain deferred members.
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Opinion
When money meets religion: Sharia compliant pensions in the UK
Islamic finance is a fascinating and challenging domain. The industry’s assets were valued at $2tn (£1.5tn) globally at the end of 2016, according to S&P Global Ratings.
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News
PPF consultation on contingent assets will create 'winners and losers'
The Pension Protection Fund has responded to concerns about ambiguity in the wording of its contingent asset agreements, with the launch of a consultation to examine the role of such assets in calculating the PPF levy.
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News
One in five FTSE 100 DB schemes could fail in a recession
Twenty per cent of FTSE 100 defined benefit schemes would be at risk of failure in the event of an economic downturn, according to new research by Cardano and Lincoln Pensions.
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News
Auto-enrolment strikes a chord with small businesses
Small and micro employers are finding auto-enrolment less costly and time-consuming than they had anticipated, research by the Department for Work and Pensions has found.
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Features
Could a shift in AE contributions balance raise saving levels?
Analysis: As questions remain over the adequacy of auto-enrolment contributions, a shift in the balance between employers and employees might provide the answer towards raising retirement saving levels.
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News
Companies increase use of carbon pricing
Research by environmental data provider CDP indicates an eight-fold rise in the number of companies around the world putting a price on their carbon emissions.
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NewsPLSA proposes national retirement income targets
The Pensions and Lifetime Savings Association has suggested the introduction of Australian-style national retirement income targets in its latest consultation paper.
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Features
Greater Manchester impact investment to build 2,000 homes
The £21.3bn Greater Manchester Pension Fund is in the latter stages of concluding a series of impact investment deals, worth about £100m, which will build roughly 2,000 local homes.