All Opinion articles – Page 5
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OpinionIs the UK pensions industry doing the right thing the wrong way?
David Whitehair, chair of the Defined Contribution Investment Forum, argues against mandation of asset allocations and instead calls for investible assets and better governance.
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OpinionSPP: How the government’s proposed DB surplus release rules will work
In one of the biggest changes to the rules for defined benefit schemes in years, trustees will soon be allowed to relax rules around releasing surpluses. Bina Mistry of the Society of Pension Professionals explains how this could work.
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OpinionWhat the Pension Schemes Bill means for small businesses
There is a lot to digest from the recent Pension Schemes Bill. Wedlake Bell’s Justin McGilloway breaks down the key considerations and action points for small employers.
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OpinionThe Friday Takeaway: Mulling over the road to reform
We’re all geared up for pension reform after the publication of the Pension Schemes Bill, but we’re going to have to wait a while, as Pensions Expert editor Nick Reeve finds out.
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OpinionFiduciary duty: Is it time for legislation?
With the government threatening to mandate private markets investment for DC pension schemes, Andy Lewis and Stuart O’Brien of Sackers argue that trustees’ fiduciary duty deserves a more stable, long-term legal foundation.
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OpinionRailpen chief: Lessons from six months in pensions – and where we go next
The new chief executive of the railway sector’s industry-wide pension scheme highlights four key priorities as Railpen prepares for the changes and challenges ahead.
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OpinionThe Friday Takeaway: Retirement riddles and toddlers’ trousers
This week brought news of post-retirement offerings from two major master trusts, as the industry attempts to solve a particularly vexing problem. Pensions Expert’s Nick Reeve, meanwhile, is worrying about trousers.
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OpinionThe Friday Takeaway: Reviews, roadmaps, deadlines and bills
The government’s reform agenda will take a long time to implement, as it set out this week. But for some - most notably the LGPS - the timeframes are not so long, as Pensions Expert’s editor Nick Reeve points out.
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OpinionMansion House: Putting the ‘trust’ back into trusteeship
Rory Murphy, former chair of trustees at the Merchant Navy Officers’ Pension Fund, argues that trustees should take a proactive approach to investment decisions and not be led by advisers.
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OpinionThe Friday Takeaway: Backstop power is a sword of Damocles for the pensions sector
The government plans to give itself powers in the Pension Schemes Bill to intervene in scheme asset allocation and LGPS fund mergers. We should probably be worried, writes Pensions Expert editor Nick Reeve.
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OpinionDecumulation CDC is a natural fit for the UK’s maturing DC pensions
Simon Eagle, a member of the Institute and Faculty of Actuaries’ (IFoA) collective defined contribution working party, explains that traditional defined contribution retirement in the UK is on the verge of a major transformation.
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OpinionVirgin Media v NTL Pension Trustees: where are we now?
There are an estimated 50,000 amendments that need to be reviewed following the Virgin Media ruling. Matthew Swynnerton of the Society of Pension Professionals explores how trustees can approach this unenviable task.
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OpinionThe Friday Takeaway: Attempting to solve the ‘nastiest, hardest problem in finance’
After an illuminating day at the Pensions Expert DC Strategic Summit last week, editor Nick Reeve opines on the decumulation dilemma.
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OpinionAI in pensions: An opportunity not to be missed
The rise of artificial intelligence has sparked the interest of policymakers, but trustees understandably may be more cautious. IGG’s Lou Davey looks at the risks and rewards of using this technology in pension scheme governance.
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OpinionWhy payroll savings is a great idea – and how the finance industry can deliver it
Payroll savings, sidecar savings, emergency savings – whatever you call it, the idea is gaining in popularity. Rob Yuille of the Association of British Insurers explores the different proposals and the many questions that need to be addressed.
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OpinionThe Friday Takeaway: Accords, admin, and antici… pation
It was all smiles in central London earlier this week as senior executives and government officials met to sign the Mansion House Accord, writes Pensions Expert editor Nick Reeve.
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OpinionThe UK’s pension system needs reform – and purpose
Investing in the just transition through UK businesses can boost the economy, help the planet and improve pension outcomes, argues the Finance Innovation Lab’s Jesse Griffiths.
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OpinionRisk pooling and fairness in collective defined contribution pension schemes
For CDC to succeed, providers, employers and members need to understand and be comfortable with the pooling of risks, writes the Pensions Policy Institute’s Tim Pike.
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OpinionThe Friday Takeaway: Making waves with pooling plans
Nick Reeve looks back at the LGPS Pooling Symposium at a crucial time for local authority pension schemes and administering authorities.
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OpinionHas TPR woken up to university pension issues?
Pension schemes attached to universities are being scrutinised by the Pensions Regulator. Vidett’s Phil Williams explores what this means and how trustees should react.