Carillion pension crisis; government fast-tracks investigation into firm

The Business Secretary, Greg Clarke, has ordered a fast-track investigation into the directors of Carillion.

The investigation, which is set to be extended in size and scope, will look into previous directors of the company to determine whether the firm was mismanaged.

DB scheme closure proposal to hit lowest paid university staff

The closure of the final salary pension scheme at the University of Southampton would lead to the loss of thousands of pounds in retirement income for its lowest paid staff, it has been argued

Carillion pension crisis; PLSA issues fresh warning to consumers on transfers

Consumers should be wary of companies asking them to transfer out of their defined benefit pension pots in the wake of the Carillion crisis, the Pensions and Lifetime Savings Association has warned

69% of pension funds believe members are concerned about ESG

A majority, 69 per cent, of pension funds believe members are concerned about environmental, social and governance (ESG) issues

Other News Stories...

RPMI Railpen updates voting policy

RPMI Railpen has updated its voting policy for 2018 with a greater focus on governance

Inflation drops to 3% in December

The Consumer Price Index rate of inflation has dropped to 3 per cent in December, down from the six-year high of 3.1 per cent in November

Field calls for more anti-avoidance powers for ‘oblivious’ TPR as he presses on with P&H probe

Work and Pensions Committee chair Frank Field has again called for more anti-avoidance powers for The Pensions Regulator, as he publishes the latest correspondence with collapsed wholesaler Palmer and Harvey

Aon completes £900m reinsurance transaction for LV=

Aon has completed a £900m reinsurance transaction of annuity business for LV=, it has announced

Investment matters
Laura Blows talks to NEST CIO Mark Fawcett about managing market conditions and compiling the best fund choices for DC members

Latest Features

Going biometric?

Raji Menon considers how biometrics may play a crucial role within pensions

The optimist

Just a few months into the job, Julian Mund is getting stuck into a new daily routine serving as the PLSA’s chief executive. Natalie Tuck speaks to him about the future of the association and his thoughts on some big industry topics

The forgotten masses

Laura Blows reveals why a greater focus will increasingly be placed upon deferred members

Lessons learnt

Louise Farrand looks into the challenges created by the increasing numbers of school academies’ staff joining the LGPS

Staying on track

Nicola Thorpe reveals how to future proof your liability-driven investment strategy

Alternatives: Picking the diamonds from the 27 rhinestones

Percival Stanion argues that true ‘alternative’ investments are hard to find, but diversification is still possible

Getting the gig

David Adams questions what more can be done to encourage self-employed ‘gig workers’ to save into a pension

Educate against attack

Nick Martindale explores how schemes can improve their cyber security

Difficult to care

David Adams explores the challenges of funding long-term care and how the pensions industry may help provide solutions to this problem

The right direction

Lynn Strongin Dodds looks at how political risk can affect pension funds and the strategies that should be put in place to combat this

Advising change

In the changing retirement landscape, Talya Misiri discusses IFAs’ experience

of pension regulations, new technologies and alternative retirement income sources

Stronger together

With the government pushing for the pooling of local government pension scheme investments, Natalie Tuck speaks to the Local Pensions Partnership about why it came into being, and how other funds can get involved

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Investment matters
Laura Blows talks to NEST CIO Mark Fawcett about managing market conditions and compiling the best fund choices for DC members
Conditional data – the bedrock of good scheme governance
Duncan Watson, managing director of products and services, EQ Paymaster at Equiniti, talks to Francesca Fabrizi about the importance of conditional data to good scheme governance and how to get there
Latest News Headlines
Adam Cadle provides a summary of the big pensions stories to have hit the headlines this week
Most read stories...
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