All Features articles – Page 8
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Features
Bob Scott: The 40-year pensions perspective
Bob Scott is something of a rarity – a pensions lifer who has worked for the same firm virtually all his adult life, having joined Lane Clark & Peacock nearly 40 years ago in 1982.
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Features
Should schemes take a leaf from insurers’ books?
Data crunch: Should defined benefit pension schemes – with their greater investment freedoms – beat insurers at their own game and take a page from their playbooks?
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Features
Public sector schemes facing £102bn gap in next 10 years
The sustainability of unfunded public sector pension schemes has been called into question by actuaries, with calculations pointing to a shortfall of £102bn in the next 10 years.
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Features
Now Pensions castigated as master trust competition turns nasty
Data crunch: Master trust Now Pensions has published an index claiming its charges have the least drag on an average defined contribution pot, unleashing in the process a barrage of criticism of the provider’s own charging structure and administrative headaches.
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FeaturesElectricity scheme triumphant in Aegon charges challenge
Aegon has agreed to lower its fund charges for defined contribution members of the Electricity North West Group of the Electricity Supply Pension Scheme, after trustees challenged the provider following a review of other players in the market.
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FeaturesConfined benefits: the pension schemes propping up private prisons
Confined benefits - the pension schemes propping up private prisons and why change is comingInvestment in private security companies has always carried ethical considerations, as highlighted by the wave of anti-Trump divestment in the US. Closer to home, governance risks and the threat of renationalisation have funds rethinking the risk ...
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Features
TPR still unhappy with pensions admin at Barnet
The Pensions Regulator has issued a draft improvement notice to the London Borough of Barnet to tackle deficiencies in the pension fund’s administration processes and controls.
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FeaturesCould a Brexit swing in sterling catch out UK schemes?
Data crunch: Trustees boards across the UK have finally banished the domestic bias for which they were once known, if the latest figures from MandateWire are anything to go by.
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Features
Sony and Michelin source IFAs to support member decision-making
The shadow of the British Steel Pension Scheme saga looms large over trustee decisions on defined benefit transfers, but there are signs lessons have been learned.
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FeaturesUS industrial giant completes sectionalised merger of UK schemes
US conglomerate Honeywell has gone ahead with proposals to merge three of its UK defined benefit schemes on a sectionalised basis, in a bid to lower costs and streamline governance.
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Features
Sequencing risk – the scourge of DC retirees
Data crunch: Could you time your retirement to make the most of market conditions? Analysis of historical returns shows many drawdown customers are taking a blind punt on sequencing, raising questions about appropriate retirement products for an inert population.
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Features
Hammersmith and Fulham fund moves to buy-and-maintain strategy
The London Borough of Hammersmith and Fulham Pension Fund has allocated £85m to a new buy-and-maintain mandate aiming for steady market-based returns.
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FeaturesMcKibben: Smart money leaves fossil fuels well alone
How do you change the world? This singular question has occupied Bill McKibben his entire career, and he has no intention of stopping anytime soon.
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Features
Admin oversight at Aviva delays new default at General Medical Council
The General Medical Council Group Personal Pension Plan has put in place its new default investment option for members more than a year after the intended implementation date, after an administrative oversight at Aviva led to delays.
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Features
Are DC defaults still lagging on ESG?
Master trust Nest is ahead of the curve when it comes to environmental, social and governance considerations, and while other schemes are catching up, there is still a lot of progress to be made.
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FeaturesThe clear cost of investment
Obscuring investment costs is becoming a risky game for the asset management industry, and Dr Chris Sier knows it.
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FeaturesLloyds Banking Group completes second trustee board merger
Lloyds Banking Group now has a single trustee board for its four largest pension schemes, after completing its second pension trustee board merger in three years.
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FeaturesNuclear scheme calls out Prudential for poor value and switches
Trustees of the Combined Nuclear Pension Plan have dropped Prudential as their defined contribution provider, after member-borne charges for its default and other options were rated "poor" in an assessment of value for members.
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Features
University of Birmingham replaces GPP with master trust
The University of Birmingham has replaced its group personal pension plan with a master trust administered by a different provider, following a review of staff retirement savings arrangements.
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Features
UK charities feel strain of DB scheme funding
Data crunch: UK charities are feeling the strain of defined benefit funding – with the average FRS102 pension deficit equalling almost a fifth of unrestricted assets across the 40 largest charities by income in England and Wales.