All Professional trustees articles – Page 4
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News
Buck launches ‘gap analysis’ governance solution
On the go: Buck has launched a new “gap analysis” governance tool designed to help schemes navigate the Pensions Regulator’s forthcoming combined code of practice.
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News
Universities reject union’s USS valuation solution
Employers have rejected proposals from the University and College Union to end the impasse over the Universities Superannuation Scheme’s 2020 valuation, while yet more institutions have seen staff walk out on strike.
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News
Buck completes first ‘standalone’ GMP equalisation project
On the go: Buck claims it has completed the industry’s first ‘standalone’ guaranteed minimum pension equalisation project.
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News
Climate change could impact sponsor cash flow and longevity
On the go: Climate change could have significant impact on sponsor covenant, hitting cash flows and potentially impacting sponsor longevity, according to a report from the Employer Covenant Practitioners Association.
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News
Ex-Norton owner pleads guilty to illegally investing pension funds
The former owner of Norton Motorcycles has pleaded guilty to the charge of illegally investing pension scheme money in his failing company.
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News
Govt proposes ‘find and view’ dashboards amid public sector delay
The government will be moving forward with the ‘find and view’ functionality on pensions dashboards from launch day, despite industry concerns about the size of the task ahead, while it acknowledged that public sector schemes will only be onboarded in 2024 due to the “considerable work” caused by the McCloud remedy.
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News
Ombudsman cracks down on trustees with new anti-scam unit
The Pensions Ombudsman has launched a new specialist team dedicated to investigate breaches of trust, and allegations of dishonest and fraudulent behaviour by pension scheme trustees.
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Opinion
We need to be able to talk about menopause
I do not remember menopause being discussed much when I was younger. On the rare occasion that it was talked about, it was often in hushed tones or portrayed in some form of comedy sketch.
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News
PIPAs seeking the best and brightest of the pensions industry
The Pension and Investment Provider Awards for 2022 have now opened for submissions.
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News
DWP tweaks 'stronger nudge' in response to industry complaints
The Department for Work and Pensions has announced several changes to its proposed “stronger nudge” in response to industry concerns, with the aim being to lessen the burden of administering them.
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News
Accountancy institute publishes DB guidance for auditors
On the go: The Institute of Chartered Accountants in England and Wales has published new guidance aimed at helping auditors understand defined benefit pension scheme figures and establishing best practice when filing requests for information.
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News
Industry suggests improvements to climate reporting requirements
Industry experts have broadly welcomed proposals from the Department for Work and Pensions to introduce a suite of new climate and investment reporting requirements, but cautioned that there are still improvements to be made.
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News
Corporate services company acquires trustee firm PTL
On the go: Zedra, a corporate services and fund solutions company, is expanding its UK pensions offering with the acquisition of trustee firm and governance provider PTL.
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News
MoD to reinstate Armed Forces Scheme member after scam transfer
The Ministry of Defence will have to reinstate a former member to the Armed Forces Pension Scheme and pay him £2,000 for severe distress and inconvenience, after wrongly allowing him to transfer to the Capita Oak Pension Scheme, a scam that invested in storage pods.
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News
Fairs: Diversity should make for difficult trustee board discussions
On the go: Increasing diversity and making trustee boards more inclusive will produce longer and more difficult discussions — and that is a good thing, according to David Fairs, executive director of regulatory policy, analysis and advice at the Pensions Regulator.
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Opinion
The rise of the trusteeship career
If you looked at the pensions market 10 years ago, trusteeship was for most an end-of-career role or part of a phased retirement plan.
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News
DWP begins engagement over multi-employer CDC schemes
Pensions minister Guy Opperman has confirmed that preliminary work has begun on the creation of multi-employer collective defined contribution schemes, as the Department for Work and Pensions publishes its response to the consultation on single-employer arrangements.
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News
Industry concerns remain over anti-scam transfer restrictions
Almost half of schemes have more work to do to comply with new anti-scams transfer guidance, while nearly 10 per cent have “lots of work” to do, an XPS Pensions Group webinar has heard.
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News
BT targets cash flow-matched strategy by 2034 with IRM
The BT Pension Scheme is using integrated risk management to assess its appropriate level of risk and pace its transition from equities to a fully cash flow-matched strategy by 2034.
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News
Clara Pensions to begin accepting transfers after TPR clearance
The Pensions Regulator has cleared consolidator Clara Pensions to begin accepting transfers, opening up a new endgame option for defined benefit schemes.