All cash articles – Page 2

  • News

    Cash-strapped money printer cuts deficit repair contributions

    2020-06-19T00:00:00Z

    British banknote printer De La Rue has cut deficit repair payments to its defined benefit pension scheme, contingent on the success of its bid to raise an extra £100m in capital.

  • News

    Record 336,000 retirees access their pensions

    2019-07-31T00:00:00Z

    On the go: More retirees than ever are withdrawing money from their pension pots as the popularity of freedom and choice continues unabated.

  • Getty Images
    Features

    Shell drills for liquidity and slashes return-seeking assets post valuation

    2019-03-25T00:00:00Z

    Trustees of the Shell Contributory Pension Fund have overhauled the scheme’s investment strategy following its latest valuation, introducing new allocations to investment-grade and highly liquid assets, while cutting the fund’s return-seeking portfolio exposure.

  • Features

    Invensys changes DC default to target cash

    2019-03-13T00:00:00Z

    Trustees of the Invensys Pension Scheme have updated their defined contribution default to target cash instead of an annuity.

  • News

    FCA proposes rules on investment pathways

    2019-01-28T00:00:00Z

    On the go: The Financial Conduct Authority has set out its second proposed package of remedies from its Retirement Outcomes Review, in a consultation on investment pathways, ensuring investment in cash is an active decision, and actual charges information.

  • Bloomberg
    Features

    GSK launches new investment options for DC members

    2019-01-25T00:00:00Z

    Global healthcare company GlaxoSmithKline and the trustees of its pension plans have introduced two new defined contribution lifestyle options, responding to a change in member retirement saving behaviour following the introduction of pension freedoms in 2015.

  • News

    M&B switches to drawdown and moves deferreds to master trust

    2018-12-07T00:00:00Z

    The Mitchells & Butlers pension scheme has updated its defined contribution default strategy to target drawdown purchase, directing members to a master trust for retirement provision.

  • Toby Clark
    Opinion

    Cash flow management is DB's new admin headache

    2018-10-08T00:00:00Z

    From the blog: The balance of payments for defined benefit pension schemes has shifted. With estimated active DB members numbering less than 500,000 and more than 5m members in receipt of their pension, most DB schemes have a negative cash flow.

  • News

    Renishaw in recovery plan discussion with regulator

    2018-08-23T00:00:00Z

    British engineering company Renishaw has been in discussions with the Pensions Regulator after the watchdog questioned its recovery plan, potentially leading to a £45m cash contribution to the scheme if the current recovery plan is terminated.

  • Jon Parker
    Opinion

    What have we learnt from the FCA's Retirement Outcomes Review?

    2018-07-09T00:00:00Z

    The pensions industry will look back on the publication of the Financial Conduct Authority’s final findings from its Retirement Outcomes Review as a watershed moment in the steady shift from defined benefit to defined contribution.

  • News

    Experts call for tempering of freedoms

    2017-10-24T00:00:00Z

    The UK pension system lags many of its European peers in a report out this week, which recommends restoring the requirement to take savings as an income stream.

  • Darren Philp
    Opinion

    Post-retirement defaults are key to better outcomes

    2017-08-25T00:00:00Z

    The advent of pension freedoms has meant that the government now expects savers to take responsibility for important financial decisions that could mean the difference between an inadequate retirement or a comfortable one.

  • Getty Images
    News

    Savers still keen on cash until pot size grows

    2017-02-24T00:00:00Z

    Full cash withdrawals are still dominating the retirement income market, according to analysis by the Financial Conduct Authority, as concerns were raised over consumer reluctance to seek financial advice.

  • LafargeHolcim
    Features

    LafargeHolcim reconstructs DC scheme

    2017-01-09T00:00:00Z

    Building materials giant LafargeHolcim has changed the default fund and administration of its defined contribution pension scheme following a value-for-money assessment.

  • Features

    Reuters scheme simplifies strategy in liquidity search

    2016-12-08T00:00:00Z

    As part of a push to simplify its asset allocation and achieve greater liquidity, Reuters Pension Fund is exiting its property investments, putting some of the proceeds into a new buy-and-maintain mandate and an existing diversified growth fund.

  • Opinion

    A balancing act: Will the Lisa meet its dual objectives?

    2016-05-24T00:00:00Z

    The Specialist: Not one to let the dust settle on pension saving, even before the freedom and choice regime came into force, chancellor George Osborne used this year’s Budget to announce the Lifetime individual savings account.

  • News

    Tesco gears DC default towards freedoms

    2016-03-21T00:00:00Z

    Supermarket Tesco has a new default investment structure aimed at allowing members to access the full range of freedoms in its recently established defined contribution plan, but administrative complexity still holds many schemes back.

  • Opinion

    How to use bonds in default funds after freedom and choice

    2016-02-16T00:00:00Z

    Bonds in default funds for UK defined contribution pensions have come under scrutiny since freedom and choice. While lots of schemes and workplace providers have already altered default fund strategies, many have yet to do so. 

  • Andrew Storey
    Opinion

    Forget freedom, millennials want security

    2016-01-18T00:00:00Z

    From the blog: Born between 1980 and 2000 and entering the workplace amid one of the most significant booms and busts of recent history, millennials face a unique set of financial challenges.

  • Getty Images
    Features

    Fujifilm develops its DC default fund approach

    2016-01-15T00:00:00Z

    Fujifilm is overhauling its defined contribution default fund to improve its performance and relevance to members, as schemes continue to rethink DC glide paths following the pension freedoms.