Archive Features

2018 will probably be remembered as the year volatility returned to the market. We believe there are a number of tail risks on the horizon that could cause this to continue. In this article we summarise some of the simple, low governance tools defined benefit pension schemes have at their disposal to assist in navigating through volatile times
 July-August 2019
Generation X is often referred to as the sandwich generation when it comes to pensions, but what kind of pension provision does this generation have, and is it taking an interest in retirement savings? Natalie Tuck reports
 June 2019
With several high-profile pensions campaigns hitting the headlines, along with the advent of social media, which has seen some groups rocket to prominence, what can we learn from these campaigns when it comes to education and engagement?
 June 2019
Trustees, employers and service providers that deliver pension communications are increasingly looking to new technology to drive people’s engagement in their pension schemes, and personalised video statements have become a key part of that progression, reports Andy Knaggs
 June 2019
A bit of what you fancy is good for you, but how much is too much? Sara Benwell considers whether the pension freedoms offer too much choice, and how the industry can ensure people make the right decisions for them
 June 2019
The pensions dashboard is yet again at a red light, with political upheaval getting in the way, but what can we expect this year? Talya Misiri reports
 June 2019
Automatic enrolment opt-out rates have been lower than anyone anticipated, but does this show greater engagement in workplace pensions or does it just highlight the apathy that savers feel? Jack Gray examines the underlying factors
 June 2019
Sunniva Kolostyak explores how companies and associations engage with trustees and what methods are used to catch the attention of the disengaged
 June 2019
With employer covenant assessments taking many different approaches, should there be stricter guidelines about what goes into them, and how is the regulator keeping check of employer covenant?
 June 2019
Although the pensions industry is increasingly looking to be more sustainable in its investment strategies, few seem to be talking about nuclear energy. Jack Gray investigates this much-debated form of low carbon energy and whether pension funds should consider investing in it
 June 2019
Extinction Rebellion, along with other recent high-profile campaigns on plastics and fracking, indicate that the environmental movement is getting impatient with politicians. Robert Blood argues that this will increase pressure on businesses to respond, so it’s more important than ever for investors and trustees to stay ahead of the activist curve
 June 2019
The Cost Transparency Initiative (CTI) launched its templates in May and is expecting immediate take up, but how did it get to this point? RPMI Railpen director of trustee accounting, Victoria Bell and forensic cost accountant, Andrew Walton, talk about how the scheme, which has 350,000 members and close to £30 billion of assets, became part of the pilot and what they learnt as a result
 June 2019
The Money and Pensions Service (Maps) officially launched in April this year and is currently in a listening phase. Natalie Tuck speaks to its director of strategy and insights, Sarah Porretta, on what we can expect from the integrated financial guidance service
 June 2019
Investing in Build to Rent schemes could offer pension funds a reliable, inflation-linked income, as demand for good quality rented accommodation continues to grow. David Adams investigates the growth of interest and
investment in this sector
 June 2019
Legal & General Investment Management head of BTR Dan Batterton talks to Pensions Age about the growth of the build to rent (BTR) sector and the investment opportunities it provides for pension funds
 June 2019
Despite tensions between China and the US, experts advise investors to look beyond short-term shocks and focus on the longer term when it comes to emerging markets. Lynn Strongin Dodds reports
 June 2019
Cathy L. Hepworth explains the benefits of implementing a ‘go anywhere’ emerging markets debt (EMD) investment strategy
 June 2019
Judith Hetherington looks at the upcoming pension scheme governance
guidelines for trustees
 June 2019
Chantal Thompson and Mark Solomon explain why ESG factors should be important to trustees
 June 2019
Maria Municchi considers ESG and its impact in multi-asset strategies
 June 2019
Matthew Swynnerton looks at the publication of the DWP’s guidance on the GMP conversion legislation
 June 2019
A new concept in commercial property investment is set to revolutionise the way UK pension schemes view this asset class. It has been described by one senior consultant as the ‘holy grail’ of property investment
 June 2019
Nico Aspinall from The People’s Pension defines what trustees should look for within a master trust default fund
 June 2019
Karen Gainsford explores the help available for trustees making decisions regarding their scheme’s longevity risk
 June 2019
This major article looks at the challenges of GMP equalisation and how pension funds should meet this challenge
 July/August 2019
Setting a “Long-Term Funding Target” will be an important focus for many trustee boards this year. In this paper, Schroders look at what this new target means for trustees and demonstrate how good governance can support trustees in staying in control of this target
 18/06/2019
Following a rise in complaints about inappropriate pension transfer advice, claims management companies may now look to replace their ‘mis-sold PPI’ revenue with that of ‘mis-sold pensions'
 May 2019
The number of pension industry working groups seems to have increased in recent years. Is this beneficial for the industry, with a more dedicated focus on a variety of issues, or is there a risk of there being too many of these groups to make an impact? Pensions Age asks your views
 May 2019
With discussion over whether ESG issues should be taken seriously coming to an end, implementation has begun. Elizabeth Pfeuti looks at how schemes can
integrate an ESG approach into their investments
 May 2019
New guidelines from the Department for Work and Pensions (DWP) clarify that
environmental, social and governance (ESG) information can have an impact on the financial bottom line. The consideration of ESG information can therefore help pension scheme trustees meet their core objective of providing retirement benefits for members. But what does this mean in practice?
 May 2019
Thanks to auto-enrolment and the closure of DB schemes to new entrants, attention is now turning towards DC. However, it is still many years before every DB scheme is wound up. But as those with DB expertise leave the industry and new entrants’ focus on DC, is there a risk of a DB skills shortage? Pensions Age asks: What impact will a DB knowledge gap have on the industry and how can the problems this may cause be minimised?
 May 2019
Thanks to auto-enrolment and the closure of DB schemes to new entrants, attention is now turning towards DC. However, it is still many years before every DB scheme is wound up. But as those with DB expertise leave the industry and new entrants’ focus on DC, is there a risk of a DB skills shortage? Pensions Age asks: What impact will a DB knowledge gap have on the industry and how can the problems this may cause be minimised?
 May 2019
With institutional investors turning their attention to equity defensive strategies, Lynn Strongin Dodds reports on the variety of options available and the challenges and risks they pose
 May 2019
After a disastrous 2018, emerging markets have seen an uptick in the first quarter of this year. But where within emerging markets are pension funds placing their money, how are funds evolving, and how should funds should be preparing for the future? Peter Carvill reports
 May 2019
James Johnstone explores the investment opportunities of those emerging markets currently under represented by indices
 May 2019
Richard Butcher navigates the master trust authorisation process
 March 2019
With much of the media attention focused on the master trusts that have applied for or received authorisation, little attention has been paid to the schemes that are exiting the market. So for schemes that are being forced to exit the market, what is the process, what do they have to consider and has it been plain sailing so far? Theo Andrew investigates
 May 2019
Following a number of high-profile acquisitions and mergers, it is not just pension schemes that are consolidating, but the industry as a whole. Jack Gray looks at what impact this could have on the future of pensions, who will be the big winners and losers, and whether there is safety in numbers
 May 2019
With the High Court ruling that GMP equalisation must be undertaken, schemes now have to prepare for the process and decide which method they’re going to use. Talya Misiri reports
 May 2019
With the High Court ruling that GMPs need to be equalised for men and women, Adrian Hartshorn looks at how trustees and plan sponsors can use the process to work together during this once in a lifetime opportunity
 May 2019
Sunniva Kolostyak explores the eff orts being taken to diversify the industry’s workforce
 May 2019
Master trusts have proved a successful consolidation option for DC schemes and are now being reviewed by a growing number of DB scheme trustees, reports Graham Buck
 May 2019
TPT head of direct distribution Adrian Cooper highlights the benefits of DB master trusts for those schemes considering consolidation
 May 2019
Scheme consolidation, shrinking boards and tougher regulation are forcing more lay trustees off boards. Does this mean that the days of the MNT are numbered?
 May 2019
... is there a problem with bullying on pension trustee boards? Laura Blows finds out
 May 2019
Delegates attending this year’s Pensions Age Spring Conference were treated to some topical and in-depth discussions from industry-wide commentators. With presentations from the regulator, research bodies, consultants and asset managers, there was certainly a lot to take away from the day
 May 2019
Gregg McClymont considers how the master trust authorisation process is improving governance
 May 2019
Jonathan Watts-Lay explains how creating financial wellness at-retirement is an essential element in the workplace
 May 2019
Talya Misiri looks at common trends in The Pensions Ombudsman’s recent decisions and what the industry needs to do, and be aware of, to prevent similar issues occurring
 April 2019
With many changes afoot across the UK pensions landscape, Theo Andrew sits down with Pensions and Lifetime Savings Association policy lead for defined benefit and Local Government Pension Schemes, Tiffany Tsang, to discuss the body’s key projects and challenges
 April 2019
Reports that employers who endanger their company pension schemes through reckless behaviour have meant that other proposed powers for the regulator attracted less attention, reports Graham Buck
 April 2019
The Pensions Regulator’s (TPR) 2019 Annual Funding Statement encourages trustees to set a long-term funding target (LTFT) and a plan for getting there. Aligning trustees’ funding targets with their de-risking plans is a welcome development, but there are questions about how trustees and employers will incorporate an LTFT into a journey plan
 April 2019
With more tools and techniques at trustees disposal, as well as improvements in technology and a shiſt in focus to the long-term journey planning of schemes, is there a danger that the long-standing triennial valuation process is becoming a dangerous sideshow? Theo Andrew investigates
 April 2019
Pensions Age finds out which option the industry thinks may be the most effective in motivating sponsors to take their DB scheme responsibilities seriously
 April 2019
With minimum automatic enrolment contributions for employers having increased to 3 per cent this month, Natalie Tuck looks at the impact of the policy on employers, and whether they can face further increases to contributions
 April 2019
Norfolk Pension Fund recently acted as the lead plaintiff in a class action against US pharmaceutical company, Puma Biotechnology, which it won. Natalie Tuck speaks to the fund’s investment and actuarial manager, Alex Younger, along with its legal representative, Robbins, Gellar, Rudman and Dowd LLP partner Mark Solomon
 April 2019
Elizabeth Pfeuti examines how factor investing can be applied to fixed income
 April 2019
Dr Philip Messow explores the role of active, quantitative investing in corporate bonds
 April 2019
Tim Middleton discusses the newly-launched standards for professional trustees
 April 2019
Industry members came from far and wide to discuss what stricter ESG regulations mean for the pensions landscape, what more needs to be done to promote sustainable investment and how to achieve enhanced returns from those investments
 April 2019
After years of publicity, DB schemes are increasing their allocations to infrastructure. Alastair O'Dell reports
 April 2019
Claire Smith considers potential developments that may negatively impact upon infrastructure investment
 April 2019
The pensions industry is changing; regulation, technology and disruptors are all influencing the challenging yet opportunistic environment the industry is in. Our data seminar, in association with ITM, looked at where the industry is heading and what the industry can learn from the past
 April 2019
Speaking at the recent PLSA investment conference, Plumbing Pensions chief executive Kate Yates explains how the DB master trust has been reducing its risk and why you do not always need to know the ultimate end game at the start of the de-risking process
 April 2019
Arron Slocombe and Tom McNaughton reveal the challenges and opportunities creative funding strategies can provide for scheme sponsors and the modern trustee
 April 2019
Tristan Hanson highlights the importance of monitoring DGF strategies throughout the investment cycle
 April 2019
Maggie Williams explores how medical staff navigating the lifetime and annual allowance limits is affecting how the NHS functions
 April 2019
David Adams explores the pressure of increasing professionalism within the pensions trustee board structure
 April 2019
Steven Leigh explains how it may be for differing reasons, but both higher and lower earners need support during their retirement saving journey
 April 2019
Gold is back in the limelight. But now there’s a better way of investing in the precious metal than just buying bullion
 April 2019
The compelling case for infrastructure debt in a CDI strategy
 01/04/2019
Ever-increasing workloads, growing regulatory pressure, horror pensions stories in the press; there are times when it can seem difficult to believe that the work is worthwhile and has a material value to members’ lives. But it’s always nice to remember the constructive ways the industry can help people make the most of their savings. Pensions Age asks: What work-based memories make you feel ‘warm and fuzzy’ for the difference it generated? We hear your ‘good news’ stories
 March 2019
Equity release is on the rise, but what does this mean for the pensions industry? Natalie Tuck investigates
 March 2019
Laura Blows reveals how some employers and trustees are transferring specific portions of their membership into master trusts, while also retaining their own trust-based DC scheme
 March 2019
With the long-running issues surrounding fee transparency still mostly unresolved, Jack Gray investigates the framework that could go a long way in creating a fairer environment for trustees and members
 March 2019
Margaret Snowdon considers how, along with the immediate financial loss to the member, scams can also cost a great deal in terms of time and effort lost, plus potential legal and tax charges
 March 2019
As the Work and Pensions Committee prepares to send its findings from its inquiry into advisers’ contingent charging for transfers to the FCA, Theo Andrew takes a look at the responses, possible solutions and why finding a way out of this challenge continues to be a maze for the regulator
 March 2019
Custodians are gaining new ground within the pensions space, forming stronger partnerships with pension funds. Elizabeth Pfeuti reports
 March 2019
Pooling has given local authority pension schemes the scale to invest in private markets, but progress remains slow. Sara Benwell explores
 March 2019
In recent years, there has been a boom in the popularity of ESG investing by UK pension funds. So, why exactly has it become more popular? Andrew Williams investigates
 March 2019
Raj Shant explains how two key Newton investment strategies, dividend income and sustainable investing, can be combined to help deliver sustainable, long-term returns
 March 2019
Lynn Strongin Dodds considers whether investing in retail real estate is losing its edge
 March 2019
Faced with the possibility of closing its pensions scheme, insurance provider Saga thought outside the box to keep its scheme open to members, boosting their financial wellbeing at the same time. Theo Andrew talks to Saga group HR director, Karen Caddick, about just how this was achieved
 March 2019
In a recent article for Pensions Age, SPP president Paul McGlone contemplated the return of sponsor contribution holidays for schemes that are in surplus. But should sponsors be able to do this? Those in the industry argue the case for and against
 March 2019
Brexit means Brexit. Theresa May’s mantra since she moved into 10 Downing Street has been a familiar one. But what does it mean for the pensions sector?
 March 2019
Aon’s Sophia Singleton explores the differences between men’s and women’s retirement plans and in particular how DC schemes can ensure their support structures are appropriate for all
 March 2019
Subsidising member advice might just be one of the shrewdest moves ever made by a trustee board or an employer, Ian Gutteridge reveals
 March 2019
Matthew Swynnerton looks at some of the legislative and regulatory developments that are on the horizon for trustees of occupational pension schemes
 March 2019
Jim Fitzpatrick reveals how an active, global approach is key to investing in loans market
 March 2019
Trustee board members can be subjected to large amounts of technical information and are under pressure to make the right decisions. Whether they know it or not, behavioural biases could easily impact their choices. Andy Knaggs looks at how the risks of this can be mitigated
 February 2019
The levels of diversity within pension savers, trustee boards and the industry generally
 February 2019
Alternatives have been popular with pension funds for several years, but with increased market volatility, pension funds are having to broaden the range of alternatives that they turn to. Lynn Strongin Dodds investigates
 February 2019
Despite industry warnings, consumers are still abandoning annuities in droves. Could hybrid products bridge the gap between flexibility and security? Sara Benwell explores
 February 2019
Almost four years on from the introduction of the pension freedoms, Alastair O’Dell looks at how DC default funds are adapting to increasingly diverse retirement choices
 February 2019
Having transitioned from being the Royal British Legion’s finance director to its pension trustee, John Graham tells Natalie Tuck why the scheme is keeping its growth assets while working towards self-sufficiency, rather than the popular option of de-risking
 February 2019
Jack Gray explores the difficulties trustees face in switching administrators, how the process could be simplified and why it is worth the hassle to get the right provider
 February 2019
As schemes start to fully understand the implications of the High Court ruling on guaranteed minimum pensions (GMP), what, apart from the harrowing
complexity, are the issues we should be focusing on? Theo Andrew investigates
 February 2019
3 February marked 100 days since the ruling in the Lloyds Bank GMP equalisation case, affecting thousands of UK DB pension schemes and millions of members. Tom Yorath, an expert witness in the Lloyds case, shares his views on how the industry has moved forward since the judgment date following almost 30 years of legal uncertainty
 February 2019
Following the switch of public-sector schemes to CPI from RPI in 2011, and the recent report from the House of Lords’ committee that slammed the government for continuing to use RPI, Elizabeth Pfeuti looks at whether private-sector schemes can, and should, make the switch
 February 2019
Superfunds, the new DB consolidation options available to schemes looking to de-risk, have been compared and contrasted against insurance buyouts, despite both types of provider stating they will not generally be in direct competition with each other. Laura Blows looks at the relationship between insurers and commercial consolidators
 February 2019
Commercial consolidators – aka superfunds – have entered the DB de-risking market to a flurry of interest, with the first schemes to join them expected to move soon, possibly once regulatory oversight is confirmed. Laura Blows explores these new entities and the considerations trustees should have when contemplating consolidation
 February 2019
Considering the role of small DB schemes, the future of small DC schemes, and the influence of small pension providers
 February 2019
Duncan Howorth discusses the important role of data in the master trust authorisation process and beyond…
 February 2019
Retirees now have more freedom and choice regarding their pension pot than ever before, but with that increased freedom comes increased risks. Jonathan Watts-Lay discusses these risks
 February 2019
With dry powder for infrastructure equity investment at an all-time high, project sponsors have had to become more conscious of financing costs for projects in an attempt to reduce costs to bolster equity returns. With this, we have seen the junior debt segment of the market becoming used more frequently to create
more efficient funding structures
 February 2019
Jack Gray talks to the chair of the Pensions Administration Standards Association (Pasa), Kim Gubler, about the importance of available and accurate data, how technology can improve pension administration and what the future holds for Pasa
 January 2019
Featuring:
• The evolution of pension trusteeship
• How trustees should prepare for bulk-annuity transactions
• How trustees can help members understand their options
• Five ways trustees can improve their pension administration
• Company profiles
 January 2019
Iona Bain talks about Next Gen’s efforts to ensure that younger people in the pensions industry are no longer a novelty
 January 2019
There has been a gradual improvement in the reputation of pensions among the general public. But more needs to be done to win back the trust of cynical cohorts of the population
 January 2019
Between 2010 and 2015 changes to the pensions system were high on the political agenda, but since 2016, with the status of Pensions Minister downgraded and more radical reform seemingly delayed indefinitely, it seems to have slipped down the agenda. David Adams asks how and why that might change in future
 January 2019
Sunniva Kolostyak explores the upcoming implementation of the IORP II Directive, how the UK will implement this European regulation in the shadow of Brexit, and the extent of the impact the directive will have on pension schemes
 January 2019
Pensions could be on the brink of something special in 2019, and with a number of high profile initiatives in the wings (in spite of the political turmoil), Pensions Minister Guy Opperman is hopeful that a bumper pensions bill could make them a reality. Theo Andrew looks ahead for the year
 January 2019
With experts predicting that 2019 will be even more volatile for markets than 2018, due to geopolitical events, Lynn Strongin Dodds looks at what the New Year might bring, and the asset classes pension schemes should consider
 January 2019
With record levels of DB scheme assets being transferred to bulk annuities, Gareth Collard, chief investment officer at Just, looks at the investment challenges for insurers and some of the assets his team have secured for their annuity asset portfolio
 January 2019
Relative to government bonds, UK equity dividend yields are more generous than they’ve been for 60 years. That's something investors can’t ignore, Brexit or no Brexit
 January 2019
Girish Menezes considers how the pensions dashboard will accelerate the clean data drive
 January 2019
Laura Blows explores how words used can trigger an emotive response, and how the pensions industry can use this to its advantage within its communications
 December 2018
Pensions Age asks for your examples of challenging death benefits cases
 December 2018
Improved funding ratios, better hedging and attractive pricing has helped many DB schemes navigate their way to de-risking solutions, finds Sara Benwell
 December 2018
With strikes, protests and corporate insolvencies making frequent headlines, Joe McGrath investigates the impact DB pensions have on companies and the public sector, beyond the financial burden, and asks whether members are aware
 December 2018
Theo Andrew talks to International Longevity Centre director, David Sinclair, about the biggest policy challenges facing the pensions industry, why we should consider a more flexible approach to work now and the reasons we should be taking robo advice more seriously
 December 2018
Considering the pros and cons of drawdown, annuities and buy-to let property
 December 2018
Featuring:
• The popularity of multi-asset funds
• How multi-assets can provide steady income in stormy markets
• The importance of reading investment market waves
• Investment trends for 2019
• Company profiles
 December 2018
Patient capital in the pensions landscape is what most have been waiting for, so aſter the Chancellor’s recent Budget announcement that the government will look to open up DC pension pots into illiquid investing, what will this look like? And will it stand the test of time? Theo Andrew investigates
 December 2018
Laura Blows looks at the second wave of baby boomers now approaching retirement
 December 2018
Tim Giles, head of investment for UK and Ireland at Aon, explains how being ‘active’ can help to improve your pension scheme’s returns
 December 2018
Having transferred its legacy DB scheme to TPT Retirement Solution’s Master Trust in January this year, Natalie Tuck speaks to Darlington Building Society finance director, Chris White, about how the transition went, and the main challenges facing the scheme
 December 2018
Matthew Swynnerton looks at new regulations in relation to the Statement of Investment Principles (SIP)
 December 2018
Accumulated assets play an important role in determining retirement readiness. But as State Street Global Advisors’ recent Global Retirement Reality Report highlights, people in the best-funded systems are not necessarily the happiest. What can retirement plan providers and policy makers learn from this and how can they support workers in feeling more secure about their future retirement?
 December 2018
Jonathan Watts-Lay considers how support for guidance pathways at retirement is growing
 December 2018
With multi-asset credit (MAC) funds rising in popularity among pension schemes in recent years, Sandra Haurant looks at how pension funds are adopting a MAC strategy as an alternative to traditional credit
 November 2018
TPR’s Lesley Titcomb sits down with Theo Andrew to discuss TPR’s new joint FCA strategy, the biggest challenges facing pensions and what she will miss about The Pensions Regulator
 November 2018
Jack Gray looks at the potential of CDC schemes in the UK and why they seem to evoke a love/hate industry response
 November 2018
Arshad Khan discusses what pension fund trustees need to consider when participating in a class action
 November 2018
Pensioners now oſt en have a higher income than the average working-age individual. Sunniva Kolostyak takes a look at the sparkling opportunities to close the generational gap
 November 2018
LGPS funds across England and Wales have begun pooling their assets into sovereign wealth funds, a legacy of former Chancellor George Osborne, but how is the process going and what challenges do the pools face? Natalie Tuck investigates
 November 2018
A new Pensions Bill is set to energise the consolidation market but what schemes should take the plunge? Stephanie Hawthorne reports
 November 2018
Exploring the pros and cons of sole trusteeship versus the group model, how to increase board diversity and the options available for trustee education
 November 2018
Hannah Simons, head of fiduciary management at Schroders, covers the five ‘Ws’ for schemes considering hiring a fiduciary manager, while Graham Buck explores how a market investigation by the Competitions and Markets Authority has put the industry under the spotlight as more pension schemes employ a fiduciary manager
 November 2018
As the Single Financial Guidance Body comes closer to fruition, Theo Andrew explores its progress, how it plans a smooth transition of three guidance bodies into one, and potential kinks in the road
 November 2018
BNP Paribas group pensions manager Lee Sullivan chats to Natalie Tuck about the bank’s pension arrangements and why in a digital world, face-to-face communication is still appreciated by members
 November 2018
One year on from the launch of Just’s DB Choice bulk annuity product, Pensions Age considers how medically underwriting members post transaction enables small pension schemes to easily and cost-effectively remove significant liabilities, while Elizabeth Pfeuti explores whether the de-risking market can continue its record run, despite competition from DB consolidators
 November 2018
In an unpredictable world, pension funds have a complex challenge of assessing their employer covenant, but more schemes are placing an emphasis on understanding employer covenant. Louise Farrand reports
 November 2018
Tony Pugh considers where future retirement income will come from
 November 2018
Pensions Age speaks to ITM about its acquisition of Faraday Tracing Bureau
 November 2018
Baker McKenzie considers how well TPR’s 21st Century Trusteeship guidance works in practice
 NOvember 2018
Accumulated assets play an important role in determining retirement readiness. But as State Street Global Advisors’ recent Global Retirement Reality Report highlights, people in the best funded systems are not necessarily the happiest. What can be learnt from this and how can workers feel more secure about their future retirement?
 November 2018
Four CIOs discuss how to navigate a market in transition
 November 2018
Many fear that the pensions industry’s image has a negative impact on pension saving rates and its attractiveness as a career option for young people. Andy Knaggs looks at what the industry is doing to change perceptions
 October 2018
If you could change one thing about the UK pensions industry to
improve it for the future, what would it be? Pensions Age finds out
 October 2018
As the amount between how much people should save for retirement and how much they are actually saving widens, Sara Benwell considers why this is occurring and what can be done to mend the gap
 October 2018
Laura Blows considers whether pensions sidecars may just be the new vehicle needed to balance savers’ long-term and short-term financial needs
 October 2018
Looking at opt-out rates and contribution levels
 October 2018
Jack Gray explores how new life has been breathed into the pensions dashboard
 October 2018
With defined contribution master trust providers now invited to apply for authorisation, Theo Andrew explores how they have been brought to heel, how The Pensions Regulator has been chasing its tail and what it could mean for defined benefit master trusts
 October 2018
Exploring the advantages of an unconstrained approach to emerging market debt investing and why EMD endured a sharp correction in 2018, despite no evidence of economic contagion
 October 2018
Laura Blows considers the use of artificial intelligence within the pensions industry
 October 2018
West Yorkshire Pension Fund business development manager Yunus Gajra speaks to Jack Gray about the fund’s work for its members and what it is doing to promote responsible investment
 October 2018
Jeff Boswell of Investec Asset Management discusses how multi-asset credit strategies could meet pension scheme needs, while Lynn Strongin Dodds explores how MAC funds have come of age
 October 2018
Sandra Haurant considers why pension funds should be looking at private rental investment
 October 2018
Unprecedented change within pensions and advances in technology are threatening to destroy traditional roles and leave the industry with a very uncertain future
 October 2018
How responsible investing can lead to better long-term financial outcomes without sacrificing performance, and how responsible investing has moved from a niche thought to part of the mainstream considerations of pension fund investors
 October 2018
On the 10-year anniversary of the financial crisis, Sunniva Kolostyak explores the impact and lessons from the market crash
 October 2018
With political party conference season upon us once more, Natalie Tuck looks at the policy pledges for pensions from the main political parties
 October 2018
Leveraged loans market is becoming bigger – and riskier, says Andrew Cole, head of multi asset at Pictet Asset Management
 October 2018
Crowe’s risk management survey 2018 reveals the biggest risks facing UK pension arrangements. Are trustees really managing their pension risks and are they doing enough?
 October 2018
Gary Cowler considers how freedom and choice is impacting member engagement
 October 2018
James Edwards explains how investors can make sense of the many different multi-factor strategies on offer
 October 2018
Girish Menezes explains the five risks when moving to a new outsourced administrator
 October 2018
Capital Fund Management explores the differences between smart beta and alternative beta
 October 2018
Groupthink among trustees can undermine the effectiveness of scheme governance and strategy. David Adams looks at what can be done to reduce its incidence and influence
 September 2018
In the wake of Carillion’s collapse, how do pension scheme trustees identify, monitor and control risks – and how can they protect themselves from the ramifications of their decisions, asks Graham Buck
 September 2018
Lynn Strongin Dodds looks at the pros and cons of the CDI framework
 September 2018
They say in life that you get what you pay for, but that does not always ring true in finance, finds Elizabeth Pfeuti
 September 2018
With around 88 per cent of defined contribution members in their scheme’s default fund, it is imperative that the industry creates the best funds it can for members. Natalie Tuck looks at the impact of return variations on a member’s prospective pension pot
 September 2018
With each passing day the likelihood the UK will leave the European Union without a deal edges ever closer. Theo Andrew explores the risk this poses for pension schemes and what unintended consequences have arisen throughout the process
 September 2018
Louise Farrand explores how administrators’ increasing workload is making it more challenging to keep ‘the pensions machine’ running smoothly
 September 2018
The popularity of professional trustees on pension boards has undoubtedly provided a number of benefits. However, the growing use of these trustees comes with its own set of challenges, Laura Blows finds
 September 2018
Natalie Tuck speaks to the Pension Protection Fund’s head of investment strategy and liquid portfolio management, Ian Scott, on how the fund uses a bespoke LDI strategy, alongside a growth portfolio, to ensure it has the facility to pay its members
 September 2018
Laura Blows considers the consequences of bad data infiltrating good schemes
 September 2018
Placing a spotlight on the record year for bulk annuities, why longevity swaps are back in business and the take up of bulk member option exercises
 September 2018
Tristan Hanson considers whether pension schemes can avoid drawdown without sacrificing return
 September 2018
Jonathan Watts-Lay highlights the problems of defaulting members upon reaching retirement
 September 2018
Jay Harvey explores what setting long-term objectives means in practice for individual schemes
 September 2018
Matthew Swynnerton looks at the DWP’s recent consultation on clarifying and strengthening trustees’ investment duties
 September 2018
Matthew Swynnerton looks at the DWP’s recent consultation on clarifying and strengthening trustees’ investment duties
 September 2018
On 2 August the Bank of England raised bank base rates to 0.75% pa, the highest rate since 5 March 2009. To put this in perspective, from the end of 1694 to the end of 2008 base rates (or the equivalent) had never been below 2.0% pa
 September 2018
Paul Yates explains how trustees and companies can gain the benefits of defined benefit pension scheme consolidation, without sacrificing control over their scheme, while Pensions Age takes an in-depth look at the consolidation of DB schemes into master trusts, where this shiſt originates, and the benefits and drawbacks for schemes deciding to go down this route
 September 2018
The Environment Agency Pension Fund chief pensions officer Craig Martin chats to Theo Andrew about the fund's responsible investment approach, the Local Government Pension Scheme pooling process and its best-in-class funding ratio
 September 2018
Rob Mechem explains the essentials of planning for a bulk annuity
 September 2018
Investments in social infrastructure can deliver market rate, or better,
financial returns while making a positive contribution to communities and
the environment. But to achieve this dual return, investors need to be able to
measure and manage their social and environmental goals, writes John Levy
 September 2018
Investing in social infrastructure such as schools and hospitals can deliver steady returns to investors and many benefits to communities. With governments increasingly relying on the private sector to plug the social infrastructure gap, opportunities for investing in this asset class have never been greater, writes Raymond Jacobs
 May 2018
The pros and cons of paper, online and face-to-face communication methods
 June 2018
The first of two increases in minimum contribution levels kicked in from April, triggering fears that some workplace scheme members could either opt out or opt down
 June 2018
Andrew Williams considers how best to measure the impact of ESG investment strategies
 June 2018
Exploring the role for duration within multi asset portfolios, along with how multi asset funds can be just what pension schemes are looking for in a volatile, low-fee world
 June 2018
Natalie Tuck speaks to Pensions Policy Institute director Chris Curry about the institute’s latest research, and his thoughts on the pensions topics currently hitting the headlines
 June 2018
Theo Andrew talks to head of Marks & Spencer Pension Trust and chief investment officer, Simon Lee, to get the low down on their recent £1.4 billion buy-in deal, it was approached, what the benefit will be for its members, and what it plans to do moving forward
 June 2018
Matthew Swynnerton looks at new disclosure requirements in relation to costs and charges for occupational pension schemes providing money purchase benefits
 June 2018
Ian Terry and Fraser Stewart consider the emerging themes from Capita Employee Solutions’ latest report on pension administration
 June 2018
Greg Skinner explains how a blend of dynamically managed traditional beta sources, mixed with a range of alternative assets and strategies, can deliver the returns required by pension scheme investors
 June 2018
Maggie Williams considers the impact of DB-DC transfers on schemes’ funding valuations
 June 2018
Following industry debates as to whether there should be some kind of ‘drawdown default’ or if complete freedom and choice should be maintained at decumulation, Laura Blows looks at the experience of those implementing their freedom and choice to opt out of the default and self-select funds at the
accumulation stage
 June 2018
With record numbers of employees in master trusts, the relationship between employers and scheme members can become distanced. Talya Misiri questions the impact of this and what employers can do to plug the gap between employer-member relations
 June 2018
Neil Brady looks at the role of cryptocurrencies within the new world of saving, while Graham Buck asks how new technological developments can benefit administration
 July/August 2018
Featuring:

The popularity of factor investing

Unfounded overcrowding concerns

Transparent fund comparisons

The evolution of factor investing
 July/August 2018
Dominic Moret explores Legal & General’s ground-breaking £325 million buy-in with the BAA Pension scheme
 July/August 2018
Tim Gordon considers the slowdown in longevity rates and how pension funds can use these findings
 July/August 2018
Now in its third year, Pensions Age’s northern conference is a well-established annual event for pension professionals in the north. Speakers ranged from The Pensions Regulator and Pensions and Lifetime Savings Association to NEST and LCP, as well as many more
 July/August 2018
Should trustees be spending more of their limited time focusing on the control mechanisms (‘controls’) which mitigate their pension arrangement’s key risks?
 July/August 2018
Economies and central banks around the world are moving in lock-step with each other. Andrew Cole argues that choosing the right sectors – rather than the right regions – is now key to maximising investment returns
 July/August 2018
It’s been 28 years since the European Court of Justice (ECJ) ruling in the Barber case requiring pension schemes to equalise benefits between men and women, but the troublesome issue of GMP equalisation remains unresolved. Now there is a glimmer of hope in the form of the long awaited Lloyds Bank court case
 July/August 2018
Pension schemes are struggling to win any popularity contests in the broader context of retirement provision. How can it win appeal in a fast-changing savings culture?
 July/August 2018
Having succeeded in getting financial education included in the National Curriculum, the sector is now gathering evidence to argue that money management lessons should start even earlier – at primary school. Andy Knaggs discovers how the case is being made
 July/August 2018
The media is full of stories about generational conflict. David Adams asks if the UK pensions system really does treat younger workers unfairly, or if there are more productive ways to think about changes that will help deliver a more comfortable retirement for everyone
 July/August 2018
Modern working practices – from the rise of the gig economy to phased retirement – mean traditional pension products are becoming a poor fi t for many people. Alastair O’Dell investigates the innovations taking place to meet emerging needs
 July/August 2018
We explore the pensions systems within the largest global pension markets: Australia, Canada, Japan, the Netherlands, Switzerland and the USA
 July/August 2018
Pensions Age asks the industry which international regulations are having a significant impact on UK pension funds
 July/August 2018
Since taking on the role in 2015, Pensions Ombudsman Anthony Arter has overhauled the way the service works, implementing his own vision. Natalie Tuck speaks to him about the role and the cases TPO deals with
 July/August 2018
Sandra Haurant explores why pension funds are increasingly investing in emerging markets, and the different ways that they are doing so
 July/August 2018
Laura Blows looks at the flood of ESG conversations within the pension fund industry, and whether it is really changing the investment landscape
 July/August 2018
Sandra Haurant explores how pension funds are adapting their ratio of liquid asset holdings to meet their changing needs
 May 2018
The quest for total cost disclosure remains incomplete but there are plenty of measures for trustees to implement now, finds Alastair O’Dell
 May 2018
Sara Benwell considers the eff orts made by the pensions industry to adapt its products to the needs of today’s savers, and what more needs to be done
 May 2018
Key person risk – over-reliance on individuals within a company pension scheme who know how it is managed – continues to be a particular problem for the UK. Graham Buck examines whether there is a solution
 May 2018
Strong evidence suggests that a more varied workforce is a better performing one. But the pensions sector is playing catch up. What more can it do to promote diversity?
 May 2018
The issues affecting contract-based and trust-based schemes, along with master-trusts and SIPPs/SSAS
 May 2018
Conflicts of interest are inherent in any pension scheme. Identifying and managing them are part of good governance, says Maggie Williams
 May 2018
Geraldine Brassett reveals the best ways to manage member complaints and the importance of learning lessons from them
 May 2018
The defined benefit sector has faced mounting issues over the past few years, but has it done enough to stop the blame game and learn from its mistakes? Theo Andrew investigates
 May 2018
Nigel Jones talks through the latest anti-money laundering legislation and the responsibilities it places on pension fund trustees
 May 2018
h e bodies that oversee the pensions industry are pivotal in the development and evolution of the industry. Natalie Tuck takes a look at the current areas of focus for some of the sector’s biggest overseers
 May 2018
Investing in social infrastructure such as schools and hospitals can deliver steady returns to investors and many benefits to communities. With governments increasingly relying on the private sector to plug the social infrastructure gap, opportunities for investing in this asset class have never been greater, writes Raymond Jacobs
 May 2018
Pensions Age speaks to ITM’s leadership team as the company embarks on an exciting next stage of development
 May 2018
Jonathan Watts-Lay explains how low levels of workplace support are leaving employees at risk of shortfalls in retirement income
 May 2018
Aon’s Paul McGlone takes a look at the recent DWP White Paper, Protecting Defined Benefit Pension Schemes, to see what the future might hold for defined benefit (DB) governance requirements
 May 2018
Risk-adjusted returns mean as much to ESG investors – those that consider environmental, social and governance criteria in their investment process – as the sustainable impact they seek to attain. SSGA global head of ESG business Chris McKnett discusses how ESG integration and its alignment with factor investing has the potential to improve investment outcomes
 May 2018
Modern life presents challenges for pension scheme trustees deciding who receives the death benefit. The expression of wish form can help, but too oſt en it doesn’t reflect members’ changing personal circumstances, reports Graham Buck
 December 2017
Longevity is increasing more slowly than expected. It’s bad news for humans – but for now pensions schemes can breathe a collective sigh of relief
 December 2017
When it comes to divorce, pensions have been part of the assets up for grabs for many years, but women in particular do not tend to ask for a share of their ex’s pension during proceedings. Natalie Tuck looks at the options of pension sharing, and why, regardless of the outcome, divorce is most-commonly never good for your pension
 December 2017
Drawdown has established a firm current rule over annuities in the at-retirement market. But with an advice gap and a dangerous sequence of returns risk, is the product wearing its crown comfortably?
 December 2017
Talya Misiri talks to BNP Paribas’ group pensions manager UK, Lee Sullivan, about how the scheme has worked to overcome its lack of member engagement and the importance of delivering tailored and relevant information throughout members’ lifetimes
 December 2017
Featuring:

A wider investment world
Pensions Age explores the popularity of multi-asset funds and how they are evolving to meet the changing needs of pension fund investors

Smoothly navigating all market conditions
Unigestion’s cross-asset solutions team believes that the management of risk is at the heart of delivering consistent, stable multi-asset returns

Time to re-invent the default wheel?
Nick Groom reveals how a combination of member profiling and applying a risk-first investment approach improves member outcomes

Seeking an alternative solution
David Greene describes how diversified, absolute-return strategies
 December 2017
Why are DB pensions’ journeys to wind up often delayed? Stephanie Hawthorne reports
 December 2017
When a scheme sponsor is in distress, trustees must communicate carefully with both members and the sponsor, finds Maggie Williams
 December 2017
Talya Misiri speaks to National Federation of Occupational Pensioners CEO Malcolm Booth on the NFOP’s influence on pensioners, schemes and trustees
 December 2017
For a year that has seen Brexit take over the agenda, it has still been a busy one for pensions. From the appointment of a new Pensions Minister, to government reviews and consultations, pension scheme closures and court rulings, Natalie Tuck looks back at some of the themes of 2017
 December 2017
Matthew Swynnerton looks at the implications for trustees of new data protection laws that come into force next year
 December 2017
Richard Williams explores the journey JLT has taken to increase pensions education and awareness amongst employees
 December 2017
Graham Moles explores methods of effective cashflow management for DB pension schemes
 December 2017
Louise Farrand provides an update on the challenge of LGPS pooling
 November 2017
UBS Asset Management explores potential strategies to address critical challenges in a changing world, while Andrew Williams considers the role institutional pension fund managers have to play within sustainable investing
 November 2017
Catherine Howarth reveals how pension funds can use their influence as shareholders to address challenges facing low-paid people
 November 2017
Vicky Dean examines the importance of class actions for pension funds
 November 2017
Craig Mackenzie explains why a more diversified approach to income is necessary in a low-yield world, while Lynn Strongin Dodds explores the investment trends occurring for pension funds to receive a steady income stream
 November 2017
Further change is expected to the section 75 debt of multiemployer schemes, which have created a financial nightmare for small businesses and charities. But will it solve the system’s problems asks Graham Buck, or could it even create new ones?
 November 2017
The idea of risk sharing in pension savings reached its nadir shortly aſter the 2015 General Election. But there is still a glimmer of hope that some form of defined ambition product could eventually take hold in the UK
 November 2017
Natalie Tuck speaks to the recently-elected president of the Pensions Management Institute, Robert Branagh, about his plans for the future of the organisation and how important it is for the industry to work together
 November 2017
Duncan Watson explains why being diligent about data quality is a daily duty, while Nick Martindale discovers that the need for pension funds to ensure it has good quality data is coming from a number of sources
 November 2017
The industry can sometimes have a fraught relationship with parliament, be it dealing with pensions being treated as a political football, raided when needed to fill Treasury coffers, or simply its cries for a respite from change falling on deaf ears. So what are the recommended approaches for the sector to have a meaningful dialogue with those in government? Those who regularly act as a
conduit between the pensions industry and parliament give their
advice
 November 2017
Gill Wadsworth explains how the pensions dashboard is overcoming its detractors and making it a possibility for savers to be able to view all their retirement savings in one place
 November 2017
Sarah Hickling and Jonathan Sharp consider how DB regulation in the UK may change
 November 2017
Pensions Age speaks to Chris Ramsey about how trustees should take a holistic approach to risk management, while Raji Menon reveals why trustees and sponsors should have an ‘honest’ debate about effective risk management techniques for their scheme
 November 2017
David Adams considers the structure and approaches required to create an effective pensions trustee board
 November 2017
Darren Philp considers how the master-trust market will develop and its key drivers for change, while Peter Carvill asks whether consolidation is set to accelerate within the master-trust sector
 November 2017
Pensions Age speaks to Matt Dodds about the growing importance of ensuring good quality data
 November 2017
Lynda Whitney asks whether DC pension schemes are really giving members what they want
 November 2017
Jonathan Watts-Lay discusses how the lack of support around pension transfers is posing a real threat to employees
 November 2017
Investment automation is steadily playing a greater role in the pensions industry, as providers encourage older members of workplace pension schemes to go online for advice and guidance, reports Graham Buck
 October 2017
Nick Martindale considers the impact of robotics and automation of the pensions industry
 October 2017
Those who correctly see which innovations will change the world can benefit from becoming early investors in these new solutions. Therefore Pensions Age asks the industry for its predictions as to which sectors will be the stars of the future
 October 2017
Stuart Anderson explains how utilising gamification and mobile technology to provide tailored messages can increase pension savers' engagement
 October 2017
Talya Misiri speaks to West Yorkshire Pension Fund business development manager Yunus Gajra about how the scheme has innovated over the past few years
 October 2017
The pensions sector is shaking off its image as a static and archaic monolith and could soon, with a little help from the government, match the expectations of a new workforce that values personalisation and flexibility above all
 October 2017
Talya Misiri considers the protections in place for trustees
 September 2017
Adam Cadle looks at the reasons for the increasing number of fines and whether this is set to continue
 September 2017
Natalie Tuck speaks to MNOPF chief executive Andy Waring about the fund's success and the next seven years
 September 2017
Are drawdown customers fully aware of the risks they may be taking with their savings?
 September 2017
Compared to DB, DC passes the bulk of risk onto the member. But there are still a number of risks that the sponsor and trustees hold onto with DC. So what are these 'left behind' risks?
 September 2017
Louise Farrand questions whether the concerns about DB schemes' sustainability are justified
 September 2017
Natalie Tuck speaks to Pension Protection Fund chief risk officer Hans den Boer on how he keeps track of, and manages, the risks the fund faces
 September 2017
DB schemes maturing can often start to become cashflow negative. Thankfully, solutions are out there
 September 2017
Raji Menon looks at why trustees need to take a more dynamic approach to risk management
 September 2017
David Millar explains how to use people's natural instincts to conform with the majority when planning retirement saving
 October 2017
How to cater to the specific retirement saving needs of the young, vulnerable, ‘gig’ workers and high earners
 January 2018
Featuring:
• The evolution of pension trusteeship
• How to balance short-term challenges with long-term needs
• Assessing administration standards
• The need for industry standards and technology
• The benefits of collaboration
• The role of master trusts
• A multi-asset approach for accumulation and decumulation
• How to assess pensions model
 January 2018
Exploring the risks DB schemes face, the possibility for consolidation and the future of DB pension provision
 January 2018
Rather than competing as rival savings products, DC pensions and ISAs – whatever their stripe – are set to sit alongside each other in tomorrow’s workplace benefit packages, which emphasise financial well-being above all else
 January 2018
The pensions industry has undergone many reforms in recent years, resulting in a higher number of people saving more within an improved regulatory environment. However, are these changes coming together sufficiently to cater to the needs of new generations of retirees? David Adams finds out
 January 2018
The Pensions Regulator has a new approach, acting quickly, clearly and decisively. But is the new much tougher regime working? And how are trustees responding? Sara Benwell explores
 January 2018
Pensions Age explores how the UK workplace pension system has evolved from one where DB retirement provision was king, to DC taking the throne as the dominant form of retirement saving
 January 2018
Ritu Vohora considers why pension funds should be considering active equity strategies, while Sandra Haurant explores whether pension fund portfolios are seeking active investment strategies to achieve greater returns
 January 2018
2018 promises to be another good year for equities, thanks to broad-based economic growth, believes Percival Stanion
 January 2018
Baker McKenzie considers the preparatory work required by trustees before the GDPR comes into effect in May 2018
 January 2018
The challenges facing small DB schemes, how small employers are coping with auto-enrolment, how small pension pots are being handled and the rise in sole trusteeship
 February 2018
Graham Moles talks about managing transfers out of DB pension schemes, while Lynn Strongin Dodds reveals how cashflow-driven investing is fast becoming the dominant investment style for defined benefit schemes
 February 2018
Why too much fund choice might be doing DC members more harm than good
 February 2018
How to encourage diversity within the workplace and meet the needs of differing savers
 February 2018
Behavioural finance research has found how saving for the long term runs contrary to people’s natural behaviour. Laura Blows explores how the industry can implement some simple techniques and technologies to overcome this
 February 2018
Budget restraints can be an insurmountable obstacle for many trust-based schemes. But making the eff ort to get closer to members could provide them with long-term benefits
 February 2018
As scheme administrators face heavier workloads in the new post-pension freedom era, how are they coping with the pressure?
 February 2018
Theo Andrew speaks to Ensign Retirement Plan Trustee Limited member-nominated trustee director and Merchant Navy Officers Pension Fund vice-chair, Mike Jess, on the upcoming new master-trust regulations and how it plans to improve the scheme for its members
 February 2018
Almost three years since the introduction of the pension freedoms, Natalie Tuck asks if there is a clear winner in a face-off between annuities and drawdown
 February 2018
Maggie Williams considers the pros and cons of outsourced versus in-house administration, at a time when ensuring data standards is ever-higher on trustees’ agendas
 February 2018
David Adams explores which of the pensions industry’s plethora of saving structures will dominate in the future
 February 2018
Balance sheets appear to be reaching their peak and some central banks have started to announce tapering. Antoine Lesné reveals how ETFs can help investors navigate this changing landscape
 February 2018
Jonathan Watts-Lay explores how to help employees understand the risks around accessing their pension
 February 2018
Nathan Jones discusses the significance of The Pensions Regulator’s drive on data
 March 2018
The number of people entering retirement in debt is set to grow rapidly. Laura Blows explores why this is the case and what the industry can do to help these retirees
 March 2018
The growing focus on SRI, the question to divest from or engage with companies, shareholder activism and the 'popularity' of green investments
 March 2018
Lynn Strongin Dodds reveals how DB schemes are adopting a much more holistic investment approach to their investment strategies
 March 2018
Until now comparing charges has been difficult because there is no standardisation, but things are improving, writes Stephanie Hawthorne
 March 2018
With 2017 being a record-breaking year for investments into UK funds, Natalie Tuck speaks to Investment Association CEO Chris Cummings on why the UK is so attractive, what influences pension funds’ investment choices and how the IA is helping the industry to prepare for the future
 March 2018
The number of fines imposed by The Pensions Regulator has ramped up in recent months, as it continues on its mission to be ‘clearer, quicker and tougher’. But are punitive measures such as fines the most effective way to
change behaviour and improve standards?
 March 2018
Paul Crosbie discusses how to enhance value in the UK real estate market, while Theo Andrew explores how, despite real estate investment in the UK having slowed somewhat over the past year, for pension funds looking to
diversify their portfolio, opportunities remain in regional and alternative asset classes
 March 2018
David Rae looks back on the journey of fiduciary management and how it is adapting to meet the needs of pension funds today and for the future, while Graham Buck finds out why opinion divides on how far and how fast the market will expand
 March 2018
Funds that consider environmental, social and governance factors can help
members mitigate emerging risks and capture new drivers of long-term growth
 March 2018
Robert West and Hannah Moxon look at how 21st century trusteeship requires training, independence and added value
 March 2018
Aon’s Susan Hoare identifies the issues pension trustees face, and explores tools that can help
 March 2018
Matthew Swynnerton looks at a recent High Court judgment about whether a set of scheme rules permit a change from RPI to CPI
 March 2018
Laura Blows finds out how the National Grid UK Pension Scheme managed not one, but two ambitious projects at the same time – outsourcing and overhauling its investment strategy, while also splitting the DB scheme into three autonomous sections
 March 2018
Are the concerns about member transfers from the British Steel Pension Scheme just the start of a wider upcoming mis-selling scandal? Laura Blows finds out
 March 2018
With many insurers predicting and preparing for record bulk annuity transactions this year, Talya Misiri asks what has caused this upsurge and what interested schemes, trustees and sponsors should do to prepare
 March 2018
Recent high-profile company collapses have been accompanied by embattled DB schemes. Action needs to be taken to ensure that future business failures do not overburden the UK’s safety net
 March 2018
With pension deficits stabilising or even narrowing over the past year, Britain’s DB sponsors could be forgiven for thinking the worst is behind them. But,
discovers Stephen Bouvier, the twin challenges of investment risk and longevity are lurking in the shadows
 March 2018
Featuring:
• The challenges facing DC scheme trustees
• When trustees should encourage members
to make decisions, or lead them into defaults
• Governance best practice
• The increase in master trust regulation
 April 2018
Buy-in and buyout pricing was widely reported to have improved significantly over 2017 with the most attractive pricing seen in the market for a number of years. In this article Gavin Smith from Legal & General provides an insurer’s insight as he considers if these pricing levels can be maintained in 2018
 April 2018
A Pensions Age survey in association with SimCorp
 April 2018
It’s now little over a month until GDPR comes into effect on 25 May 2018. If you haven’t yet started addressing GDPR don’t panic: put a plan in place
and prioritise the key actions. In this article we try to address a few of the difficult questions
 April 2018
Market turbulence has created new opportunities, says Andrew Cole
 April 2018
Sam Roberts explains the importance of knowing your investment time horizon
 April 2018
Steven Andrew explains why pension funds are turning to multi-asset investments for their income needs
 April 2018
Pensions Age speaks to CFM’s Philippe Jordan about alternative beta and how pension funds can incorporate it into their portfolios
 April 2018
The debate around active and passive investment continues within pension investment. Sandra Haurant finds out where the experts think the smart money should go
 April 2018
Laura Blows speaks to Richard Poole, legal director, pensions and employee benefits, Royal Mail Group, about its collective DC proposal
 April 2018
Laura Blows considers whether collective DC will be the future of UK pension provision, or whether discussions around its implementation are simply distracting from efforts to solve other industry issues
 April 2018
How pension administrators are handling ever-increasing workloads, negotiating service level agreements and switching administrators
 April 2018
Louise Farrand considers the increasing pressures facing trustees, with yet more challenges to come
 April 2018
Pensions Age speaks to The Pensions Regulator (TPR) non-executive chairman Mark Boyle on how the organisation is adapting to the evolving challenges of regulating pension schemes
 April 2018
Maggie Williams reveals how pension schemes are to prepare for the General Data Protection Regulation (GDPR), which comes into force on 25 May 2018
 April 2018
A Pensions Age survey in association with SimCorp about pension funds' use of collective investment vehicles
 April 2018
Matthew Blakstad discusses how key events in a scheme member’s life can be used as opportunities to engage them with their pension, while Stuart Anderson identifies the most effective ways to communicate with members to increase retirement saving, and considers how schemes can ensure
members receive the most value from their retirement savings
 February 2018
Pensions Age speaks to Chris Ramsey about how trustees should take a holistic approach to risk management
 November 2017
Helen Steers highlights the trend in the declining number of publicly-listed companies, and discusses the key drivers of this phenomenon and the implications for investors
 November 2017
Jonathan Watts-Lay reflects on the latest industry findings since ‘freedom and choice’ in pensions came into play
 September 2017
Malcolm Johnson and Matt Baker talk to Pensions Age about new technologies improving services, while Lauren Weymouth explores the importance of interconnectivity between systems
 September 2017
David Wickham explores how the downsides of passive investment can be overcome through smart beta strategies, while Sandra Haurant explores the growth of smart beta investing
 September 2017
Investec Asset Management reveals the benefits of a multi-asset credit investment strategy, while Peter Carvill explores the reasons for multi-asset credit’s recent boon
 September 2017
Ritu Vohora explores whether the time is right for pension funds to focus on cyclical investments
 September 2017
John Southall questions the conventional wisdom to implement a de-risking investment strategy during retirement
 September 2017
John Wilson explores what the GDPR means for schemes and trustees
 September 2017
Jonathan Hawkins tells Pensions Age how to modernise pension scheme technology
 September 2017
Wellington describes how listed equities can help round out the impact investing ecosystem, while Wellington Global Impact Fund investors share their ideas with Pensions Age
 September 2017
Matthew Swynnerton looks at the Supreme Court’s recent decision about benefits payable to civil partners and same sex spouses
 September 2017
Nick Martindale explores how schemes can improve their cyber security
 September 2017
Pensions Age speaks to Tim Coulson about the changing nature of the bulk annuity market, while Stuart Anderson explores what schemes need to do to prepare to transact
 September 2017
Nicola Thorpe reveals how to future proof your liability-driven investment strategy
 September 2017
Sion Cole, senior partner at Aon Hewitt, discusses the evolution of fiduciary management solutions in the UK and how this has helped drive greater transparency
 September 2017
Lisa Lyon explores how the upcoming GDPR requirements will affect pension scheme management
 October 2017
Suzi Lowther reveals why pension fund trustees need to take a holistic view to pension fund governance
 October 2017
Percival Stanion argues that true ‘alternative’ investments are hard to find, but diversification is still possible
 October 2017
Laura Blows talks to NEST CIO Mark Fawcett about managing market conditions and compiling the best fund choices for DC members, while Peter Carvill examines how much choice DC members should be given with fund selection
 October 2017
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
 October 2017
David Millar explains how to use people’s natural instincts to conform with the majority when planning retirement saving
 October 2017
David Adams questions what more can be done to encourage self-employed ‘gig workers’ to save into a pension
 October 2017
Patrick O’Connor explains how smart beta has adapted to meet the changing needs of investors
 October 2017
Cindy Rose looks at the growing importance of environmental, social and governance matters within a pension fund’s investment portfolio, while Andrew Williams examines why interest in ESG strategies continues to rise
 October 2017
David Morley at Eaton Vance discusses how non-traditional global defensive equity can be the ‘core’ of an alternative allocation
 October 2017
Bob Noyen explains the advantages of currency investment within a pension fund portfolio, while Sandra Haurant explains why currency investment should be at the forefront of investors’ thinking
 October 2017
Craig Scordellis reveals how to capture opportunities, including income, and minimise volatility among diverging markets, while Lynn Strongin Dodds considers why pension fund investors should explore the differences between different MAC strategies
 October 2017
Raji Menon considers how biometrics may play a crucial role within pensions
 October 2017
Pensions Age speaks to Tim Coulson about the changing nature of the bulk annuity market, while Stuart Anderson examines the current state of the bulk annuities market and what schemes need to do to prepare to transact
 September 2017
Percival Stanion discusses the attractive opportunities in European and UK equities
 July 2017
Charles McCready reveals why TISA’s KickStart Money campaign is providing financial education to primary school children
 July 2017
The Plain English Campaign group calls for simplification within pensions
communications to reduce member uncertainty
 July 2017
As increasing numbers of people reveal they are suffering from financial stress, Laura Blows looks at its impact, both upon individuals and their workplace, and
what employers can do to reduce the problem
 July 2017
Sandra Haurant looks at the current accessibility of frontier markets for pension
funds and what differentiates these regions from emerging market geographies
 July 2017
Lynn Strongin Dodds looks at how political risk can affect pension funds and the strategies that should be put in place to combat this
 July 2017
Louise Farrand looks into the challenges created by the increasing numbers of school academies’ staff joining the LGPS
 July 2017
David Adams explores the challenges of funding long-term care and how the pensions industry may help provide solutions to this problem
 July 2017
Laura Blows reveals why a greater focus will increasingly be placed upon deferred members
 July 2017
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
 July 2017
In an age where gold-plated DB schemes are becoming a thing of the past, pensions are no longer seen as a shiny workplace benefit. But are employers doing enough to provide a generous pension, compared to other benefits?
And what benefits can this have for both the employee and employer? Lauren Weymouth explores
 July 2017
In the changing retirement landscape, Talya Misiri discusses IFAs’ experience
of pension regulations, new technologies and alternative retirement income sources
 July 2017
A year on from the inaugural conference, the subject has moved on from what may happen if the UK votes for Brexit, to how pension funds can continue to hit targets regardless of the UK’s departure from the EU. Delegates were treated to a range of talks from experts across the pensions industry
 July 2017
As Brexit negotiations begin, James Walsh reviews the EU regulations that currently affect the UK pensions market
 July 2017
Andrew Swan explains why pension fund trustees are widening their fixed income allocations to include private debt assets, while – Andrew Williams explains how multi-asset strategies are helping pension fund managers to diversify investment risks and opportunities, particularly within credit portfolios
 July 2017
There is room for improvement in the ways trustees manage pension risks, particularly in areas such as managing non-traditional risks (e.g. cyber and data
protection), documenting risk strategies, establishing good value for members and simply finding more time to consider pension risks in a holistic manner
 July 2017
Percival Stanion sees attractive opportunities in European and UK equities
 July 2017
Karen Watkin talks about how to benchmark performance and assess value for money when monitoring default strategies over a 12-month period
 July 2017
David Hutchins explains how AllianceBernstein ensures its target-date fund range continues to innovate to meet the needs of investors
 June 2017
In such a complex, technical world, it’s important the pensions industry can communicate and empathise with members on a more basic level, with the aim of securing the best outcomes at retirement. But just how prevalent are soft
skills among the industry? Lauren Weymouth explores
 June 2017
Fiduciary management is now increasingly available to small-sized DB pension schemes. Adam Cadle analyses this development and looks at how fiduciary management works in this sized market
 June 2017
Lynn Strongin Dodds looks at the ways smaller DB schemes are now widening their investment choices to ride the prolonged low interest rate environment
 June 2017
Louise Farrand explores the growing number of options available for small-sized DB schemes looking to de-risk
 June 2017
With more small businesses reaching their auto-enrolment staging dates, Talya Misiri talks to the Federation of Small Businesses policy adviser Alex Metcalfe about the challenges and benefits of auto-enrolment and future pension reform
 June 2017
Fears of an auto-enrolment capacity crunch have not materialised to date, but a wave of small value contributions have exercised minds in trust-based schemes
 June 2017
Laura Blows explores whether the next generation of DB scheme trusteeship
has arrived through the growing number of sole trustee appointments
 June 2017
Joe Dabrowski explains why the PLSA’s DB Taskforce is advocating the benefits of consolidating DB schemes
 June 2017
Following TPR’s findings that the number of DC schemes in the UK declined by only 3 per cent last year, Laura Blows finds out what’s behind this slowdown in consolidation
 June 2017
Natalie Tuck speaks to agricultural equipment manufacturer AGCO’s pensions manager Debbie Spiby on why the company transferred its DC scheme to a master trust and the benefits of the move
 June 2017
David Adams explores the unique issues facing those managing small-sized DB schemes
 June 2017
David Harris explains how a smart sustainability index can give pension providers controlled, sustainable exposure, while Sandra Haurant analyses
developments within the local government pension schemes pooling sphere and what needs to be done ahead of the April 2018 deadline
 June 2017
Garry Wake reveals some often-overlooked disadvantages to using one provider for both administration and actuarial work
 June 2017
Paul Enderby and Tim Dougall explain how outsourcing can be beneficial for resource stretched small DB and DC schemes
 June 2017
Matthew Swynnerton looks at issues for trustees to consider in relation to the introduction of the pension advice allowance
 June 2017
All pension funds have risks – the challenge is identifying, prioritising and managing them in a consistent manner which adds value to both trustees and
sponsor. Eddie Hodgart describes below some options for trustees to consider
 June 2017
Jonathan Smith explores the options for additional returns alongside LDI
 June 2017
Nicholas Hardingham reveals how undertaking a blended approach to emerging market debt can provide attractive results for investors
 June 2017
Andrew Hayward reveals how implementing a data cleanse exercise can actually save a scheme money in the long run
 June 2017
Blockchain technology has been gathering a lot of attention for its potential to ‘revolutionise’ the financial sector and beyond. Laura Blows explores its potential applications within the pensions industry
 October 2016
Liz Gane tells how her experience as a woman in the pensions industry has changed over the years
 May 2017
Steve Wardlaw asks whether the pensions industry will push for LGBT equality or be pushed into it via court cases
 May 2017
The type of scheme an employee is enrolled in determines whether low-paid earners receive tax-relief on their contributions, but the government has said it is “not possible” to change this. Natalie Tuck investigates
 May 2017
Peter Carvill looks at the different investment needs and considerations of DB and DC funds, their differences and similarities, and whether those are quite so pronounced as the edges between the two are blurring
 May 2017
Trustees are facing an increasing number of challenges, due to increasingly onerous regulations, new investment products to understand and growing scrutiny of their role. Louise Farrand looks at how trustees are managing this pressure
 May 2017
Adam Cadle looks at how pension providers promote pensions as a product to customers at a crucial period in the private savings programme
 May 2017
The weight of opinion against perceived conflicts of interest among consultants offering products looks likely to lead to FCA regulation. David Rowley looks at both sides of the argument
 May 2017
Despite widespread expectations that technology will revolutionise, and in many cases take over, humans’ jobs, Gill Wadsworth finds that the majority of those working in the pensions industry will not be so easy to replace
 May 2017
Looking at data to note trends or make predictions is a tricky game to play, especially when the nature of the pensions industry keeps changing, potentially
rendering previous findings irrelevant. Laura Blows looks into the process of obtaining meaningful information through data analysis
 May 2017
With the government concerned with political popularity and regulators focused on pleasing the government, is the pensions industry ever really listened to? Natalie Tuck investigates
 May 2017
John Kenchington discusses the methods required to fix the pensions industry’s image problem
 May 2017
It’s well established that diverse boards usually improve company decision making and business performance. Pension funds are waking up to this reality,
but there’s still a lot of work to be done
 May 2017
Neil Scott explains the training that will be provided through the new Workplace Pensions Trailblazer Apprenticeship standard, and the support the government will provide in the training of apprenticeships
 May 2017
Technological solutions and cost pressures may be reducing the use of professional advisers by pension schemes, Ben Kemp says, but they still have a vital role to play
 May 2017
Adam Cadle talks to PPF CFO Andy McKinnon about levy proposals, pre-pack sales and investment decisions
 May 2017
Mike Brooks looks at what’s in store for those searching for income across asset classes, while Sandra Haurant looks at the structural and demographic challenges currently affecting global interest rates and how pension funds can diversify to boost incomes
 May 2017
Trustees of many mature defined benefit pension schemes face the dual challenge of paying scheme members while trying to close funding gaps. Dynamic multi-asset funds, which are designed to deliver both asset growth and income, are well aligned with pension fund needs. Andrew Williams
analyses the latest levels of DGF usage and how the investment vehicles are proving to be an integral part of any investment portfolio
 May 2017
The People’s Pension’s director of policy and market engagement, Darren
Philp, chats to Pensions Age about the developments occurring within the pensions industry and master trusts’ role within this new order, while David Adams explores the predicted future trends in the master trust space and any hindrances that need to be ironed out for the benefit of members
 M
Paul Enderby discusses the benefits of outsourcing DC investment
 May 2017
As UK pension arrangements continue to mature/evolve, the challenges and risks they face are changing and, in fact, increasing. Eddie Hodgart of national audit, tax and advisory firm Crowe Clark Whitehill asks, are trustees (and sponsors) doing enough to recognise and manage these risks effectively?
 May 2017
Matthew J. Bullock explains why investors should focus on defining objectives when constructing multi-asset portfolios, instead of starting from an ‘asset classes’ base
 May 2017
David Adams analyses the behavioural habits and attitudes people have towards retirement saving
 April 2017
New research has revealed groupthink is becoming increasingly present among trustee boards, as a challenging environment couples up with a lack of confidence among board participants. Lauren Weymouth explores why it’s occurring and how the industry can help to prevent it from having disastrous consequences
 April 2017
Richard Butcher talks MNTs and about the ‘vacant seat trustee’
 April 2017
Investment Association director of corporate governance and engagement Andrew Ninian speaks to Natalie Tuck about the role of the asset manager in pension fund shareholder activism
 April 2017
The BHS scandal highlighted bad employer practices, but good employers could benefit as a consequence. David Rowley reports
 April 2017
Joanne Tibbott looks at how pension schemes manage and keep records
of online communications and the legal requirements needed to protect
themselves from any risks
 April 2017
Following the introduction of the pension freedoms, a lack of understanding regarding retirement saving planning, and pension accumulation in general, has come to the fore. How can savers be saved from picking the wrong options?
 April 2017
Eric Lonergan explores what neo-nationalism could mean for multi-asset
investors, while David Rowley reports on how pension funds are deploying multi-asset funds
 April 2017
ABI director of policy, long-term savings and protection, Yvonne Braun explains the planning route behind the pensions dashboard
 April 2017
Louise Farrand examines the benefits of integrating the pensions dashboard within the industry and how this can best be implemented
 April 2017
Gill Wadsworth explores the idea of ‘shopping around’ and whether this has been inherent within the drawdown space following the freedom and choice reforms
 April 2017
Raji Menon looks at how adapting rules to bring in millions of people with multiple lower paid jobs and the self-employed under AE can be achieved
 April 2017
Jeremy Goodwin looks at the pensions landscape for the next 20 years
 April 2017
Pensions Age celebrates its 20th anniversary this month. Francesca Fabrizi reflects on a pensions world that has seen so much change
 April 2017
Jonathan May believes that multi-sector credit should be considered to navigate the breadth of credit opportunities
 April 2017
James Burdett, Jonathan Sharp and Jon Unger look at how an asset-backed funding structure can help fill the pension deficit gap
 April 2017
Jonathan Watts-Lay explains how the LISA can become an integral part of the overall savings model
 April 2017
Michael Walker explains why a phased approach in the bulk annuities space can help pension scheme funding
 April 2017
Target Professional Services client manager Andrew Hayward explains why and how trustees should be engaging with essential record keeping
 April 2017
As more investors benefit from factor-driven approaches, there’s growing recognition that broader adoption could help them target their specific investment goals
 March 2017
Following transfer values reaching record highs, Louise Farrand asks if this has led to a surge of members moving their money from DB to DC schemes
 March 2017
As auto-enrolment becomes the norm, Talya Misiri considers how employers could increase contribution rates in the volatile financial climate
 March 2017
Laura Blows speaks to Thomson Reuters’ head of EMEA and APAC benefits, Matthew Webb, about how, and why, it was decided to provide a drawdown service within the scheme to members
 March 2017
Discredited by the Office for National Statistics, but hardwired into many scheme rules, will the government finally give all defined benefit schemes the chance to switch from RPI to CPI? David Rowley reports
 March 2017
Gill Wadsworth reveals the difficulties of accurately determining pension scheme deficits
 March 2017
As environmental, social and governance issues rise up the global investment agenda, Natalie Tuck looks at the pressures on pension funds to invest responsibly
 March 2017
Pieter Steyn asks whether your fiduciary manager really is as good as they say they are, while Lauren Weymouth explores whose duty is it to oversee the fiduciary management work being done, and how schemes should measure performance
 March 2017
DB shortfalls are threatening to scupper the plans of both schemes that are on the route to de-risking and the few that remain open. Some trustees are prepared to take the fight to their deficits with their investment strategies. But which weapons should they be using?
 March 2017
Adrian Jones tackles some of the concerns about infrastructure debt investing and discusses why pension funds should consider the first-mover advantage
 March 2017
Pioneer Investments head of UK institutional business Jonathan May believes that floating rate securities could be a useful portfolio diversification tool in a rising rate environment
 March 2017
Matthew Swynnerton looks at TPR’s response to its discussion paper on the modern trustee and scheme governance
 March 2017
Darren Philp explains why an actuarial certificate is not the most efficient
way to ensure quality when consolidating DC schemes
 March 2017
Andrew Warwick Thompson reveals TPR’s top tips for preventing scams
 March 2017
Aon Hewitt senior partner John Belgrove looks at the different characteristics of trustee boards and how behavioural biases can be avoided
 March 2017
Julie Yates explains why financial education – both at work and further afield – is vital if members are to get the most out of their pension
 March 2017
Equiniti survey finds detailed breakdown suggests perception and reality gap
 April 2017
Percival Stanion explains why it is now time to take more risk
 April 2017
Percival Stanion explains why gold represents a valuable hedge and portfolio diversifier
 October 2016
The Institute and Faculty of Actuaries (IFoA)’s Charles Cowling asks for GMP equalisation clarification following the Brexit vote
 February 2017
With growing liabilities and the difficulties in implementing further reform, sustainably funding public sector schemes is proving a challenge. David Adams finds out more
 February 2017
Talya Misiri considers the importance of good data management, ways of
taking action and what to expect in the future
 February 2017
A project to amend the notoriously tricky IFRIC 14 guidance, surging interest from regulators in pensions accounting, not to mention falling yields and rising
inflation, mean pensions accounting is now more than ever a minefield for the unwary. Stephen Bouvier explores the issues
 February 2017
Lynn Strongin Dodds asks whether the DC charge cap is restricting product choice for pension scheme investors
 February 2017
Getting the right advice is essential for trustees, but just how many advisers are needed to successfully run a scheme? And is there such a thing as too much advice? Lauren Weymouth explores
 February 2017
Laura Blows looks at what the pensions industry is doing to make communications accessible for all
 February 2017
Now more than ever, pensions administrators have a lot to manage. Adam Cadle asks administrators what they think the biggest challenges are for 2017
 February 2017
Paddy Briggs looks at the role of trustees in the new era of closed DB schemes
 February 2017
Natalie Tuck speaks to three different trustee associations to find out if trustee boards really are stereotypically old, white males and what diversity really means
 February 2017
The balance of power over pensions policy has tipped in favour of the Treasury in recent years, leading to some claiming that retirement saving has been damaged as a result. What can be done to give the Department for Work and Pensions more of a say, and restore some equilibrium?
 February 2017
Niall Alexander explores how fiduciary management for DC can keep the focus on investments to deliver the best outcome for members, while Sally Ling examines why fiduciary management is now being implemented for D C investment management
 February 2017
Jonathan Watts-Lay explains why employees are left vulnerable to making poor decisions, which could lead to a reduced income at-retirement
 February 2017
Given the increasing frequency of volatility events, Jonathan May believes institutional investors need to seek out strategies that aim to offer consistent diversification and the capability to preserve capital
 February 2017
Matthew J. Bullock discusses how diversified growth funds can protect against volatile markets
 February 2017
With membership declining and costs rising, DB schemes can be considered to be in freefall. Or are they? David Adams examines the ways DB schemes’ issues can be tackled and asks whether DB problems are really as insurmountable as they appear
 January 2017
Occupational schemes have had to absorb much change in recent years. But the uncertainty created by fundamental shifts in pension provision are making it
harder than ever for trustees to meet changing saving expectations
 January 2017
Sandra Haurant looks at the challenges facing the investment world in the year ahead
 January 2017
For all those who would like to see a five-year moratorium on new pensions legislation, 2017 looks likely to be a frustrating year. David Rowley reports
 January 2017
Featuring:
• The brace of reforms putting trustees at tipping point
• How real estate investment can beat inflation returns
• Making administration documents accessible to all
• How to help members transfer pensions easily
 January 2017
Percival Stanion looks at which investments are likely to fare the best – and worst – in 2017
 January 2017
Kate Atkinson and Patrick Harte discuss the impact of the Horton v Henry case, which decided that a person’s pension fund is secure in the event of bankruptcy
 January 2017
Laura Blows explains why life expectancies increasing to age 1,000 may not be as far-fetched as it first appears
 December 2016
In recent years, increasing attention has been placed on pension fund investors’ holdings in fossil fuels, with a number now moving away from investment in these fuels. So, is now finally the time that pension fund investors turn away from fossil fuel investment? Andrew Williams finds out
 December 2016
Annuities may have taken a kicking following freedom and choice, but there’s still a place for retirement savers to have a product that provides a regular, guaranteed income. Lauren Weymouth explores how the annuities market is evolving to meet the changing marketplace
 December 2016
The ‘freedom and choice’ reform was greeted positively by savers. But being free to do what they wish with their pension pot also means they are free to spend their savings too quickly or make investment mistakes. Gill Wadsworth explores how to prevent the money running out
 December 2016
Louise Farrand explains why, following a slow start to the year, the bulk annuity market is starting to pick up pace
 December 2016
Adam Cadle talks to Pensions Minister Richard Harrington about the current pensions landscape and his hopes for the industry
 December 2016
The victories of Trump and Brexit in 2016 highlight that the establishment is under threat and pensions is no different. David Rowley reviews the big events in pensions this year
 December 2016
Should The Pensions Regulator be more involved with pre-pack arrangements? David Adams investigates
 December 2016
Matthew Swynnerton looks at two of the key pensions announcements in this year’s Autumn Statement
 December 2016
Jonathan Watts-Lay reveals the key requirements for trustees when providing advice to DB members regarding pension transfers
 December 2016
Sophia Singleton explains how the use of member analytics can improve DC schemes’ investment and communication strategies
 December 2016
Frankie Borrell reviews the developments that have occurred in the bulk annuities market throughout 2016
 December 2016
As LGPS funds start pooling together into six multi-billion-pound wealth funds, Lauren Weymouth explores why the aim has been so controversial and
what risks and opportunities lie ahead
 November 2016
Louise Farrand reviews how pension funds are increasingly making their voices heard to call out irresponsible practices in the businesses in which they invest
 November 2016
The fee system within the pensions industry relies strongly on an element of cross-subsidy. As there is now a greater focus on costs, and more transparency thanks to technological developments, Laura Blows asks if the
current charging structure is still sustainable
 November 2016
Trustees need to work with a range of external advisers and service providers to help them achieve a high standard of scheme governance. Sally Ling explores what is needed to create a good working relationship and looks at the common sources of problems
 November 2016
The need to better balance risk in pensions provision has never been
more acute. But is the UK actually getting any closer to achieving a
middle ground? Marek Handzel finds out
 November 2016
Charlotte Moore looks at whether independent governance committees (IGCs) have maintained a level of autonomy or if there is any room for improvement
 November 2016
Master trusts have been experiencing a boom in popularity ever since the introduction of auto-enrolment. But with this growth has been increasing concerns over the viability of so many master trusts in the system and their protections (or lack thereof) for members. David Adams explores how the recent Pensions Bill, along with industry efforts, will begin to overcome these challenges
 November 2016
With the deadline for the pensions dashboard prototype approaching, Talya Misiri questions the sustainability of the tool and the challenges it may present
 November 2016
Aon Hewitt’s Sion Cole examines why it is important for investors to look beyond the headline number and get full fee transparency
 November 2016
David Bint reveals how the Enhanced-Diversification Growth Fund benefits investors looking for low-volatility growth
 November 2016
David Watt highlights some of the key points for pension schemes to consider when selecting an insurer for a buy-in or buyout
 October 2016
Claire Collier examines how court cases and legislation can reveal tips for trustees on how to successfully implement fiduciary management
 October 2016
Julie Moret explains how ESG is different from ethical investing, offering a new lens for asset managers to analyse risks and opportunities
 May 2016
Toby Hayes explains why investments should be divided into four risk styles –
growth, opportunistic, defensive and stable
 June 2016
It’s said that ‘the past is like another country, they do things differently there’. With this in mind, Laura Blows speaks to the Pensions Archive Trust (PAT) chairman Alan Herbert about why there is a need for the PAT and
what can be learnt from past pensions events
 July 2016
The ILC’s Dave Eaton explores the impact of a longer working life on retirement saving
 July 2016
Gill Wadsworth explores how the pensions industry can help individuals fund long-term care needs in old age
 July 2016
Adam Cadle outlines the LGPS-charity problem and the ramifications of this on charities’ future sustainability
 July 2016
Nowadays employers have a wide variety of employee benefits to offer to staff. With this in mind, David Adams asks whether a workplace pension still has value as a staff recruitment/retention tool
 July 2016
Adam Cadle talks to Weetabix Group Pension Scheme chair of trustees Ian Forrest about the recent successes within its retirement plans and what the future holds
 July 2016
With an ageing population and the ‘grey vote’, pensions spending has increased, whilst governmental nonpensioner spend has declined. Natalie Tuck explores what can be done to create equity between the generations
 July 2016
A pick-and-mix retirement product being created by super funds in Australia would appear to offer tailored and sophisticated outcomes for retirees. David Rowley reports
 July 2016
Target-date funds are popular in the US but have yet to catch on in the
UK. However, following pensions freedoms, will TDFs become the
solution of choice for people to invest ‘to and through’ retirement?
Laura Blows finds out
 July 2016
Lynn Strongin Dodds examines the various pension fund investment trends occurring globally
 July 2016
The World Pensions Council’s M. Nicolas J. Firzli warns the UK to tread slowly following Brexit, as one-nation Tories will try to get a ‘better deal’ first
 July 2016
In the race to build a pensions system fit for the modern world, how does the UK stack up against its global comparators?
 July 2016
Ashley Fagan explains how pension fund investors use ETFs (Exchange-Traded Funds) for a growing range of applications across asset classes. while Sandra Haurant comments on the changing shape of the ETF industry and how these investment vehicles are becoming more commonplace in pension funds’ strategies
 July 2016
Percival Stanion reveals that after the Brexit shockwave lies opportunity for pension fund investors
 July 2016
Stuart Lingard explains why higher interest rates may not be as beneficial as it first appears for pension funds
 July 2016
Susan Hoare explains why it is important to create the time for strategic planning
 July 2016
Alyssa Manning examines how the US is now following the UK’s lead in pension risk transfer
 June 2016
UBS Asset Management publishes a white paper Lower for Longer which analyses the underlying factors that have recently suppressed inflation. The paper also looks at the latest macroeconomic data and for pointers indicating how inflation is likely to evolve in the near future. Despite it being a challenging environment for investors, there are some effective tactical solutions to alleviate the effects of negative interest rates
 June 2016
Malcolm Jones explains how Standard Life Investments’ Enhanced- Diversification Growth Fund (EDGF) provides more effective pension investment provision than standard DGFs, while Edmund Tirbutt analyses the usage of DGFs among DB and DC pension funds and how these investment vehicles can affect scheme returns
 April 2016
Peter Vincent explains how the new generation of multi-strategy, multi-manager
alternative funds offer a practical way of reducing the overall risk of growth portfolios, and Sandra Haurant explores the state of the hedge fund market and what opportunities remain for pension fund investment
 April 2016
Time to consider a new investment approach
 April 2016
Percival Stanion explains how a well-diversified portfolio can achieve a positive return on investment, despite the current pessimism around the global
economy
 April 2016
The Pensions Age/ITM half day seminar looked at the GMP maze and how a degree of clarity can be brought to the GMP reconciliation arena
 April 2016
Calum Mackenzie reveals Aon Hewitt’s checklist for trustees to help remove behavioural bias from decision making
 April 2016
Paul Myles explains the broader diversification benefits that occur when investing using styles
 April 2016
Adam Cadle asks if auto-enrolment is under threat as a result of the Lifetime ISA announcement, and explores whether auto-escalation can further boost AE
 April 2016
The pension freedoms have propelled the issue of low take up of advice into the spotlight and new technology seems to be the solution. Natalie Tuck examines whether ‘robo-advice’ really can bridge the advice gap or if it’s all
just science fiction
 April 2016
Saving for retirement can be a long and complicated journey. Lauren Weymouth explores whose role it is to take the driving seat and help members get the best outcomes
 April 2016
NSAFS’ CEO Peter Pledger talks to Laura Blows about the charity’s work to improve peoples’ understanding of pensions, and how its free online tool for employers to provide to employees can help achieve this aim
 April 2016
The regulatory landscape for higher earners’ pension savings has altered considerably — and regularly — over the last decade. Peter Carvill asks what effect this has had on saving, particularly in light of the government’s recent budget
 April 2016
In the midst of an active campaign against climate change, Lauren Weymouth speaks to Environment Agency Pension Fund (EAPF) head of pension fund
management Dawn Turner about overcoming challenges and pooling success
 April 2016
The Pensions Advisory Service is set for a shake up as the Chancellor announced in the Budget that it is to merge with Pension Wise, for which it is already a delivery partner. Natalie Tuck speaks to TPAS’ chief executive Michelle Cracknell on the merger and how TPAS has adapted to the changing world of pensions
 April 2016
Chancellor George Osborne’s pensions freedoms shook the pensions industry. David Adams investigates the effects of these reforms one year on from implementation
 April 2016
It has taken over a decade for the majority of DB trustees to become comfortable with covenant assessment. But the long journey has been worth it as schemes and sponsors now interact in a sophisticated and mutually beneficial way
 April 2016
Gill Wadsworth looks at the issues surrounding DB to DC transfers and what factors will affect the rate of increase in this area
 April 2016
Laura Blows explores why large sections of society are not saving enough for retirement and what can be done to address this problem
 April 2016
Peter Vincent explains how the new generation of multi-strategy, multi-manager alternative funds offer a practical way of reducing the overall risk of growth portfolios
 April 2016
Patrick Houweling explains how factor investing can be an advantageous
strategy within credit markets, while Peter Carvill explores the rise of smart beta, its issues and what its long-term prognosis may be
 March 2016
Strong economic and demographic fundamentals in the UK regions are creating private rented sector opportunities comparable with those in the capital, writes Philip Nell, fund director of the VISTA UK Residential Real Estate Fund
 March 2016
Adam Cadle analyses latest research detailing the trends in the UK’s DB private sector pension scheme investment landscape between 2011 and 2014
 March 2016
Transition management is continually gaining momentum in the defined benefit pension space but limited demand still remains in the defined contribution
field. Edmund Tirbutt explores why this is the case and how the market could change further
 March 2016
Padràig Floyd analyses the influence of fiduciary management on the pensions market and the levels of scrutiny it is undergoing
 March 2016
The freedom and choice reforms mean an increasing number of people will have to understand investment matters, having never done so before. Laura Blows explores the current level of investment knowledge and interest amongst DC scheme members, how to communicate investment matters and why improvements need to happen fast
 March 2016
Fighting investment risks in today’s unpredictable age of central bank
intervention, unstable markets and legislative reforms is a challenge for both DB and DC schemes, finds Marek Handzel
 March 2016
David Adams analyses the morphing landscape of default funds and how more innovation may yet be around the corner
 March 2016
The response to the consultation on pension transfers and early exit charges was published in February. Matthew Swynnerton comments on its key proposals and the potential impact for trustees
 March 2016
The UBS Pension Insights publication assesses a range of methods to enable trustees to find a balance between meeting long-term liabilities, achieving sustainable growth and producing a positive cash flow
 March 2016
Jonathan Watts-Lay reveals the findings of WEALTH at work’s survey, which looked at how employers are adapting to pension freedoms
 February 2016
David Hillier of Insight Investment explains the role China and oil can play in the investment market over the year ahead
 February 2016
The Pensions Regulator recently launched new guidance around the need for integrated risk management within pension funds. Gill Wadsworth looks at the issues surrounding this and the investment, funding and employer covenant equilibrium
 February 2016
Edmund Tirbutt analyses the state of public sector pension scheme governance and the cost disparities within the LGPS funds
 February 2016
Adam Cadle speaks to Pensions Administration Standards Association (PASA) chair Margaret Snowdon about the organisation’s progress to date and its aims
and ambitions for the administration landscape
 February 2016
The investment-grade bon market performed poorly in 2015, with indices reporting negative returns. Lynn Strongin Dodds outlines the problems for this market and what investors must do to ensure it remains an important part of their portfolios
 February 2016
The introduction of the single-tier state pension from April 2016 will bring about the end of contracting out for DB schemes, triggering a requirement for schemes to reconcile their contracted-out membership and GMP records with HMRC. Adam Cadle examines why this process is such a tangled web
 February 2016
David Adams delves into the industry’s developments to enhance value for money on pension fees
 February 2016
China, the ‘epicentre’ of the emerging markets, has suffered a slowdown that
has rocked the rest of the emerging markets; Natalie Tuck asks whether they are a rollercoaster worth riding
 February 2016
Following the pension freedoms, administrators have been under increasing pressure to perform well under intense and time-sensitive circumstances. Lauren Weymouth explores what the major challenges have been and how the industry has worked together to get to the end of the race
 February 2016
Pension schemes and their sponsors faced major accounting challenges with the introduction of FRS 102 during 2015. Yet the frantic pace of change on the
accounting and regulatory fronts is set to continue during 2016, Stephen Bouvier writes
 February 2016
The pace of change in pensions legislation has reached a level not seen since A-day. As trustees try to keep the government and regulator happy, Marek Handzel argues members are now in danger of being left out of the picture for too long
 February 2016
Dominic Moret explores the different ways a pension scheme can de-risk while on the route to full buyout
 25/01/2016
Gavin Smith of Legal & General's Bulk Annuity and Longevity Insurance tam explains why now might be a good time for smaller schemes to settle their liabilities and how to get the most out of a bulk annuity transaction
 September 2015
In a second article in our series of five, Ashley Fagan looks at how pension funds can use exchange traded funds (ETFs) as well as index futures contracts to access equity indices
 23/09/15
Recent entrances and exits by key players pose the question of where the fiduciary management market is headed. Graham Buck asks whether it is ready to take both larger pension funds and DC schemes
 15/09/15
Whereas smaller DB schemes are building up solid investment strategies, their DC trust-based counterparts are still struggling to construct the type of investment funds that their members can comfortably live in
 10/09/15
From limited resources to weak negotiating positions, small schemes have got the odds stacked against them as governance expectations pile up, finds Marek Handzel
 09/09/15
Paddy Briggs talks to Pensions Administration Standards Association chairman Margaret Snowdon about measuring and improving the quality of administration in pension funds
 September 2015
Malcolm Johnson talks about the importance of de-risking your pension administration solutions
 April 2015
David Adams explores the latest trends and scientific predictions around longevity
 July 2015
Paddy Briggs talks to the CEO of The Pensions Regulator Lesley Titcomb about the role of regulation in the ‘brave new world’ of pensions
 July 2015
The modern age
Deputy editor Natalie Tuck chats to the ABI’s Yvonne Braun about her work at the ABI and her thoughts on key pension topics

Stepping into the spotlight
Laura Blows speaks to Laird R. Landmann, group managing director and co-director of fixed income at US-based TCW, about the opportunities TCW can provide for UK pension funds