All articles by Angus Peters – Page 2
-
FeaturesJim Cielinski: Corporate is the new sovereign
Back in May, a paper published by Janus Henderson Investors argued that the post-coronavirus economy was at a tipping point between binary outcomes.
-
News
Trustees green-light RSA takeover after securing guarantees
On the go: Trustees of defined benefit schemes belonging to UK insurer RSA have accepted a proposal to split the company’s parent group in two, in exchange for new offers of covenant enhancement.
-
News
PPF fraud fund can be used to compensate scam victims
The Pension Protection Fund will be allowed to pay compensation to the victims of some pension scams, after a High Court judge ruled its Fraud Compensation Fund would apply to schemes used for pension liberation.
-
News
RPI decision timing ‘risks volatility’
On the go: The long-awaited outcome of a consultation on replacing the retail price index of inflation is set to be published on November 25, but investors have warned that the government’s timing risks violent market reactions.
-
News
UK to issue first green gilts in 2021
On the go: The UK government is to issue its first green sovereign bond in 2021, alongside tough new measures on sustainability reporting for companies.
-
News
Minister pledges more power for trustees to vote own shares
On the go: The minister for pensions and financial inclusion has endorsed a recommendation for the creation of a government-led working group to increase the power pension schemes have to direct engagement with investee companies on sustainability issues.
-
News
Regulator urges sign-up to new anti-scam pledge
On the go: The Pensions Regulator has urged pension providers, trustees and administrators to sign up to a new pledge to protect members from the growing threat of scams.
-
News
BHS exec scheme next to achieve PPF-plus outcome
On the go: The defined benefit scheme for senior management at defunct retailer BHS has bought out its benefits, allowing the plan to exit the Pension Protection Fund’s assessment period.
-
News
New trustee firm aims to inject dynamism into pensions
Sarah Leslie has reached the end of her patience with the often “pedestrian” pace of things in the pensions industry.
-
News
TPR eyes pivot to ‘Generation DC’
On the go: The Pensions Regulator has set out long-term priorities for the next 15 years, envisaging a shift in focus towards ensuring the financial wellbeing of defined contribution savers.
-
News
Clara raises capital from Canadian pension-owned reinsurer
On the go: Defined benefit superfund-in-waiting Clara-Pensions has attracted new investment from Wilton Re, as the pensions industry waits for the Pensions Regulator to give either of the two commercial consolidators its blessing.
-
News
PLSA throws weight behind ESG and DC retirement initiatives
The Pensions and Lifetime Savings Association has made a string of recommendations to the government on environmental, social and governance investment issues, alongside a call to point retiring defined contribution members towards “preferred” products.
-
NewsGoing nowhere? Three big ideas to break DB’s 10-year stagnation
Going nowhere? Three big ideas to break DB's 10-year stagnationFor all the talk of endgames that abounds in the defined benefit pensions industry, the inconvenient truth is that funding levels have remained almost completely flat despite a decade of contributions and stellar asset returns. What are the solutions to DB's ...
-
News
Experts pour scorn on ‘pensions as deposit’ suggestion
On the go: The pensions minister’s appeal for suggested schemes that would let young savers use their retirement savings to help them on to the property ladder has been criticised as ignorant of the laws of supply and demand by pensions commentators.
-
OpinionPensions Expert September edition: Braving post-crisis markets
Editorial: These days, nothing is certain. But the difficulties defined benefit schemes face in setting their investment and funding strategy over the next year really take the biscuit.
-
News
Consultants seek to push up industry sustainability standards
A new working group formed by 12 UK investment consultants is aiming to encourage standardisation of practices and meaningful action on sustainability among asset owners.
-
NewsPlumbing scheme announces independent governance review
The Plumbing & Mechanical Services (UK) Industry Pension Scheme is to carry out an independent review of its governance structures, after sustained criticism from the scheme's small employers and a court case over its handling of orphan liabilities.
-
News
Industry unmoved by regulator’s DB funding arguments
The introduction of a twin-track approach to regulating defined benefit scheme funding could stifle the creativity needed to navigate the current financial crisis, experts have warned.
-
News
PPF and DWP appeal Hampshire methodology ruling
On the go: The Pension Protection Fund plans to appeal a judgment forcing it to pay at least half of the defined benefits expected by survivors of scheme members, while the government will appeal the finding that the PPF’s compensation cap is illegal.
-
News
Trustees must watch out for buyout tax implications
Defined benefit trustees have been urged to be on their guard against a new interpretation of tax law that could see certain members hit by unexpected tax charges on buyout.