All Railways Pension Scheme articles – Page 2

  • News

    Rail sector pension plan staring down £15bn black hole

    2020-09-11T00:00:00Z

    On the go: The largest pension scheme serving the UK’s rail sector is standing on the event horizon of a £15bn black hole created by changes to its funding rules, the Financial Times has reported.

  • Caroline Escott
    News

    Escott on the fast track to Railpen

    2020-08-28T00:00:00Z

    High flyer Caroline Escott joined Railpen on September 1 as senior investment manager for active ownership. At just 36, and a millennial in a senior role, she is a rarity in the six trillion-pound pension industry, not noted for diversity.

  • News

    Railways scheme among DB backers in biomass plant acquisition

    2020-06-01T00:00:00Z

    On the go: The Railways Pension Scheme is among the defined benefit pension schemes behind the takeover of Sleaford Renewable Energy Plant in Lincolnshire, led by private equity company Greencoat Capital.

  • News

    Govt to fund Railways scheme deficit contributions

    2020-03-30T00:00:00Z

    On the go: Emergency measures introduced by the government – nationalising the railways – mean that taxpayers will be called to fund the Railways Pension Scheme deficit.

  • News

    Train operators' legal battle with government kicks off

    2020-01-20T00:00:00Z

    On the go: Train operators will argue that the government has unfairly excluded them from rail contracts over its stance on pensions, in a High Court case that begins on Monday.

  • News

    Railways Pension Scheme deficit called into question

    2020-01-13T00:00:00Z

    New calculations showing an £11bn deficit for the Railways Pension Scheme have been dismissed by the National Union of Rail, Maritime and Transport Workers, which has promised industrial action if new measures to plug the gap are imposed without negotiation.

  • News

    DB schemes still fit for purpose

    2019-12-03T00:00:00Z

    When Michelle Ostermann came to the UK to work for RPMI Railpen, in the beginning of 2019, she was surprised by the number of closed corporate defined benefit schemes in the UK.

  • News

    Cyber attacks pose huge risk to portfolios

    2019-11-05T00:00:00Z

    On the go: Two of the UK’s highest-profile pension schemes have urged fiduciaries to pay more attention to the impact of cyber breaches on the performance of companies they invest in.

  • News

    IWDC Section of Railways Pension Scheme gains authorisaton

    2019-08-06T00:00:00Z

    On the go: The Railways Pension Scheme’s Industry-Wide Defined Contribution Section master trust has been authorised by the Pensions Regulator. 

  • Getty Images
    News

    Resign over pensions dispute, RMT urges Grayling

    2019-05-30T00:00:00Z

    The UK’s railway union called for the resignation of transport secretary Chris Grayling on Thursday, threatening strike action over the escalating railway procurement row.

  • News

    UK’s three biggest public schemes failing on climate change

    2018-09-07T00:00:00Z

    The Universities Superannuation Scheme, the Railways Pension Scheme and the Electricity Supply Pension Scheme have been slammed for the quality of their response to climate change.

  • Source: Getty Images
    News

    Scotland’s transport police could get separate scheme section

    2018-02-09T00:00:00Z

    Members of the British Transport Police Force Superannuation Fund are set to be moved to a new section in the scheme from April 2019 if trustees agree, while new recruits will join the unfunded police arrangement or Local Government Pension Scheme.

  • Features

    What changes are needed in the smart beta sector?

    2016-12-05T00:00:00Z

    What risks still exist in smart beta investing, and how can pension funds spot them? Does the industry need to change to attract greater scheme interest? AQR’s Scott Richardson, Capital Cranfield’s Jonathan Reynolds, RPMI Railpen’s Steve Artingstall, SpenceJohnson’s Robert Holford and Xerox HR Services’ Simon Hill discuss.

  • Features

    Is there a place for smart beta in DC portfolios?

    2016-11-29T00:00:00Z

    Are smart beta products suitable for default defined contribution funds, or are they too complex? Could reduced volatility address problems with DC saving? AQR’s Scott Richardson, Capital Cranfield’s Jonathan Reynolds, RPMI Railpen’s Steve Artingstall, SpenceJohnson’s Robert Holford and Xerox HR Services’ Simon Hill discuss.

  • Features

    What factors should schemes consider within smart beta?

    2016-11-22T00:00:00Z

    Are there too many factors in the smart beta industry, and which ones present attractive opportunities? AQR’s Scott Richardson, Capital Cranfield’s Jonathan Reynolds, RPMI Railpen’s Steve Artingstall, SpenceJohnson’s Robert Holford and Xerox HR Services’ Simon Hill discuss.

  • Opinion

    What is limiting scheme uptake of smart beta products?

    2016-11-16T00:00:00Z

    Is a lack of education and transparency around smart beta confusing schemes and trustees? AQR's Scott Richardson, Capital Cranfield's Jonathan Reynolds, RPMI Railpen's Steve Artingstall, SpenceJohnson's Robert Holford and Xerox HR Services' Simon Hill examine the challenges facing the sector.

  • Getty Images
    News

    Railways scheme on track with cost management

    2016-08-04T00:00:00Z

    The Railways Pension Scheme has saved £100m in fees, having restructured its external management and pooled fund arrangements, but despite being cost-conscious, the fund remains focused on net returns.

  • On track to reduce NIC impact
    News

    Network Rail plans £19m savings following NI cost hike

    2016-05-20T00:00:00Z

    Network Rail expects to save around £19m annually following a swath of amendments to two of its schemes to mitigate the increased costs of contracting-out cessation, as many schemes either absorb the cost or close.

  • Getty Images
    Features

    Fallout from contracting-out continues at Bombardier

    2016-04-05T00:00:00Z

    Workers at engineering company Bombardier are considering industrial action over employer plans to pass on the cost of contracting-out cessation to members of two of its defined benefit schemes, while sharing the cost for the Railways Pension Scheme.