All scheme management articles – Page 2

  • News

    ‘Challenging’ 2020 forces 80% of DB schemes to reassess portfolios

    2021-01-21T00:00:00Z

    On the go: Eighty per cent of defined benefit pension schemes plan to reassess their investment portfolios after the events of 2020 put returns in doubt, according to research by the Pensions Management Institute and River and Mercantile.

  • Podcasts

    Podcast: New powers in Pension Schemes Act could cause bankruptcies

    2021-01-20T00:00:00Z

    Podcast: New criminal provisions in the Pension Schemes Act are so broadly drafted that they could strangle legitimate business activity, potentially resulting in unnecessary bankruptcies. So says Arc Pensions Law partner Jane Kola, who, along with Society of Pension Professionals president James Riley, warn about the potentially dire consequences and call for more clarity from the regulator. More cheerfully, this inauguration day episode also covers the future of actuaries, small pots, and Donald Trump’s pension.

  • News

    New pensions act offences have ‘far-reaching consequences’, LCP warns

    2021-01-15T00:00:00Z

    On the go: New powers granted to the Pensions Regulator by the Pension Schemes Act could see directors, lenders and trustees made criminally liable for their mistakes, LCP has warned.

  • News

    Trustees cannot outsource responsibility for cyber risk

    2021-01-05T00:00:00Z

    On the go: Trustees bear ultimate responsibility for managing cyber risk even when they outsource administration to a third party, and must ensure they carry out due diligence, according to a new report.

  • News

    PASA issues updated Covid-19 guidance

    2020-08-04T00:00:00Z

    On the go: The Pensions Administration Standards Association has issued updated guidance designed to help administrators navigate the gradual end of lockdown.

  • How to ensure good value for members
    Opinion

    How to ensure good value for members

    2018-03-29T00:00:00Z

    From governance and investment to member engagement and communications, seven experts, including HR directors, look at how employers, providers and trustees can ensure better outcomes for members of defined contribution schemes. 

  • Features

    How valuable are transition managers?

    2017-09-13T00:00:00Z

    Analysis: Last week, State Street agreed to pay approximately $35m (£26m) to settle a pair of complaints by the Securities and Exchange Commission that it defrauded six institutional investors while conducting transition management services.*

  • Features

    Schemes regain faith in fid man evaluators

    2017-09-07T00:00:00Z

    Trustees have shown more inclination towards using third-party evaluators as part of the fiduciary management selection process, a new report has shown. Mid-sized schemes continue to flock towards fiduciary management.

  • Opinion

    Don't mention the R-word: More over-65s postpone retirement

    2016-07-20T00:00:00Z

    The number of people over the age of 65 in employment has increased by nearly 100,000 since the beginning of 2014, but this may not be a signal of an ageing workforce.

  • News

    Pie generates £23m for Centrica

    2016-02-26T00:00:00Z

    Utilities provider Centrica has saved £23m on future pension liabilities after a pension increase exchange was taken up by a quarter of retired participants across three of its defined benefit sections.

  • News

    Named and shamed: Should trustees publicly criticise service providers?

    2016-02-08T00:00:00Z

    Any Other Business: This week, Financial Times columnist Lucy Kellaway created a buzz by publicly rebuking the head of marketing and communications at technology company Hewlett Packard Enterprise over an email he sent her criticising an article she had written.

  • News

    PASA guidance urges schemes to prioritise GMP

    2016-01-21T00:00:00Z

    The Pensions Administration Standards Association has issued guidance on guaranteed minimum pension reconciliation to help schemes through the process, as experts predict huge volumes rushing to complete in the coming months.

  • 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.

  • Opinion

    DC Debate: Autumn Statement, VfM and governance

    2015-11-24T00:00:00Z

    In this final quarterly DC Debate of the year, our seven panel members discuss the speed at which DC reviews are being carried out, the effectiveness of IGCs, value for money in the real world and Autumn Statement predictions.

  • Dawid Konotey-Ahulu
    Opinion

    And now for the weather...

    2015-11-22T00:00:00Z

    From the blog: I described in a previous blog a game of epic procrastination that pension schemes like to play: Not Today, Tomorrow Better!

  • Opinion

    What are the keys to selecting the right manager?

    2015-11-17T00:00:00Z

    Roundtable: Aberdeen Asset Management’s Mike Brooks, Aon’s James Monk, Buck Consultants’ Nick Ridgway, Capital Cranfield’s Jonathan Reynolds, LCP’s Kevin Frisby and PTL’s David Hosford, discuss the characteristics that combine to make a successful DGF manager, in the final part of this roundtable series.

  • Opinion

    Aligning admin systems in the pre and post-retirement worlds

    2015-11-13T00:00:00Z

    There is a guiding principle to post-retirement investment strategy that simply states, ‘Do not run out of money’, but there are some hurdles to jump in order to meet liabilities.

  • Nick Ridgeway
    Opinion

    Why strong manager selection is about quality, not quantity

    2015-09-11T00:00:00Z

    There are many examples of pension schemes implementing their investment strategy with one or two fund managers capable of running a number of traditional asset classes, such as equities and bonds.

  • Features

    What trustees can learn from the British Airways wrangle

    2015-09-03T00:00:00Z

    News Analysis: British Airways' pending court case against the trustees of its Airways Pension Scheme over pension increases raises important questions regarding how scheme trustees should interact with their sponsoring employer. 

  • News

    Watchdog's new self-cert requirements will test DC governance

    2015-06-08T00:00:00Z

    Defined contribution schemes will have to declare compliance with the charge cap, as the Pensions Regulator updates its scheme return form to reflect April's legislative changes.