Govt and regulators urged to review chair statements

Govt and regulators urged to review chair statements

Government and regulators should rethink pension schemes’ chair statements, as they have become a regulatory compliance tool for the pensions industry, according to Darren Philp, director of policy and communications at Smart Pension, and Judith Fish, professional trustee at Dalriada Trustees. In this week’s podcast, the experts discuss, among other subjects, the recent fine received by the Financial Conduct Authority from the Pensions Regulator due to pension failures.

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Timms calls for pension transfer rules change

Timms calls for pension transfer rules change

Podcast: The current law governing transfers is not fit for purpose and there are too many bodies involved in handling pension scams, according to Work and Pensions Committee chair Stephen Timms.Pensi...

18 Helmi 202126min

Tackling climate change will require a ‘step change’ in governance

Tackling climate change will require a ‘step change’ in governance

Podcast: The government’s “revolutionary” plans to tackle climate change “ain’t half prescriptive” when it comes to pensions investments, and will require a “step change” in governance to achieve. So ...

4 Helmi 202124min

New powers in Pension Schemes Act could cause bankruptcies

New powers in Pension Schemes Act could cause bankruptcies

Podcast: New criminal provisions in the Pension Schemes Act are so broadly drafted that they could strangle legitimate business activity, potentially resulting in unnecessary bankruptcies. So says Arc...

21 Tammi 202123min

Economic uncertainty and DC consolidation to mark 2021

Economic uncertainty and DC consolidation to mark 2021

Podcast: Economic uncertainty from the pandemic and the aftereffects of Brexit, solving the small pots problem and consolidation in the defined contribution universe, and yet more environmental, socia...

7 Tammi 202121min

Trustees advised to self-certify before Christmas

Trustees advised to self-certify before Christmas

Jo Myerson, trustee director at Ross Trustees, tells Pensions Expert it is important that trustees comply with the Competition and Markets Authority’s self-certification rules early in order to avoid ...

14 Joulu 202019min

Industry needs to work together to sort out GMPs

Industry needs to work together to sort out GMPs

As schemes might struggle to find information about members who are due top-ups to past transfers due to guaranteed minimum pensions equalisation, the industry is being called on to work together and ...

27 Marras 202016min

Regulatory uncertainty puts workforce reform at risk

Regulatory uncertainty puts workforce reform at risk

The apparent contradiction between the Treasury’s new exit payment cap and existing Local Government Pension Scheme regulations risks limiting employers’ ability to restructure their workforce, warns ...

12 Marras 202020min

Three-step plan to fix NHS scheme

Three-step plan to fix NHS scheme

The plethora of administrative maladies facing the NHS pension scheme should be addressed by a three stage approach: capping the problem; a reactive process prioritising those closest to retirement; a...

23 Loka 202018min

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