Managers of Wealth - Pensions http://pension-managers.com/ Sat, 15 Aug 2020 18:15:15 BST part of MediaG8way Group http://pension-managers.com/ http://pension-managers.com/assets/images/logo.png Managers of Wealth - Pensions KohanaPHP Los Angeles County sees 1.8% return for fiscal year News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57327/los-angeles-county-sees-18-return-for-fiscal-year The best performer in the fiscal year was LACERA's risk reduction and mitigation asset class at 7.5% vs its 7.7% benchmark. Pensions UK Corporate Pension Funding Falls in July News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57324/uk-corporate-pension-funding-falls-in-july Aggregate deficit of the PPF 7800 has more than tripled over the past year. Pensions Hannah Goldsmith: Client money shouldn’t go into industry pockets News Aggregation Team Wednesday, August 12, 2020 1:00 am http://pension-managers.com/article/57298/hannah-goldsmith-client-money-shouldnamprsquot-go-into-industry-pockets The industry is in business to maximise shareholder value, and is rewarded for doing so Pensions Pension withdrawals fall 17% as savers use 'common sense' News Aggregation Team Friday, July 31, 2020 1:00 am http://pension-managers.com/article/57165/pension-withdrawals-fall-17-as-savers-use-amp039common-senseamp039 The total value of flexible withdrawals from pensions since pension freedoms were introduced in 2015 has now exceeded £37bn. Pensions Dentons integrates Intelliflo IO for Sipp valuations News Aggregation Team Friday, July 31, 2020 1:00 am http://pension-managers.com/article/57167/dentons-integrates-intelliflo-io-for-sipp-valuations Dentons' move came after a call from advice firm Willis Wealth Management asking to create automated links with the software. Pensions Treasury consults on pensions tax relief administration News Aggregation Team Thursday, July 30, 2020 1:00 am http://pension-managers.com/article/57140/treasury-consults-on-pensions-tax-relief-administration The Treasury is consulting on how to plug a loophole in the way pensions tax relief operates, which means around 1.75m lower paid workers saving in a pension may end up in differing financial positions depending on how their scheme is administered Pensions Pressure points: Trustees and administrators prepare for what’s ahead: Ombudsman to see a rise in complaints due to Covid-19 News Aggregation Team Thursday, July 30, 2020 1:00 am http://pension-managers.com/article/57142/pressure-points-trustees-and-administrators-prepare-for-whatamprsquos-ahead-ombudsman-to-see-a-rise-in-complaints-due-to-covid-19 To help trustees and administrators prepare for what’s ahead, we have summarised the key trends identified in the Ombudsman’s Corporate Plan and Annual Report Pensions Sipp marketing expert Greg Kingston killed in road accident News Aggregation Team Tuesday, July 28, 2020 1:00 am http://pension-managers.com/article/57099/sipp-marketing-expert-greg-kingston-killed-in-road-accident The Curtis Banks communications director was on holiday in the Alps. Pensions Pension tax relief and the triple lock could see reform News Aggregation Team Friday, July 24, 2020 1:00 am http://pension-managers.com/article/57066/pension-tax-relief-and-the-triple-lock-could-see-reform What’s on the table for pensions in the Autumn Budget Pensions Mexico moves to overhaul frail pensions system News Aggregation Team Thursday, July 23, 2020 1:00 am http://pension-managers.com/article/57038/mexico-moves-to-overhaul-frail-pensions-system Chile’s senate also prepares to advance big change to pioneering retirement programme Pensions ATP names deputy director in charge of ‘senior pension’ unit News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57330/atp-names-deputy-director-in-charge-of-amplsquosenior-pensionamprsquo-unit Ms. Schmitz joins from Deloitte Consulting where she was a partner. Executive Moves The Pension Superfund announces ALM committee News Aggregation Team Tuesday, August 11, 2020 1:00 am http://pension-managers.com/article/57283/the-pension-superfund-announces-alm-committee an Edward - Edward is a former investment banker and serial entrepreneur and private equity investor across a variety of sectors Executive Moves Redington names new Head of DC News Aggregation Team Friday, August 07, 2020 1:00 am http://pension-managers.com/article/57235/redington-names-new-head-of-dc Parker was also Head of Investment Proposition with Barclays Wealth and Investment Management Executive Moves CalPERS investment chief steps down at $400 billion pension fund News Aggregation Team Friday, August 07, 2020 1:00 am http://pension-managers.com/article/57246/calpers-investment-chief-steps-down-at-400-billion-pension-fund In between the CalPERS stints, Meng worked for three years as deputy CIO with China’s State Administration of Foreign Exchange (SAFE), which oversees China’s U.S. Treasury security holdings. Executive Moves Becketts welcomes the NW Brown Employee Benefits Team News Team Thursday, August 06, 2020 1:00 am http://pension-managers.com/article/57212/becketts-welcomes-the-nw-brown-employee-benefits-team Eight staff from NW Brown will join the Becketts Employee Benefits team Executive Moves Appointments update 6 August 2020 News Aggregation Team Thursday, August 06, 2020 1:00 am http://pension-managers.com/article/57225/appointments-update-6-august-2020 Miles joins the firm’s six-strong pensions team with over 25 years’ experience in the pensions industry. Executive Moves KPMG to shed up to 200 UK jobs amid dented revenues News Aggregation Team Tuesday, July 28, 2020 1:00 am http://pension-managers.com/article/57090/kpmg-to-shed-up-to-200-uk-jobs-amid-dented-revenues A number of key markets had already been teetering on the brink of recession prior to the coronavirus outbreak, and the disruption caused by the international lockdown used to curb its spread now seems to have shunted the world into an unprecedented downt Executive Moves Former Temasek Americas Head Boon Sim Joins CPPIB Board News Aggregation Team Thursday, July 23, 2020 1:00 am http://pension-managers.com/article/57032/former-temasek-americas-head-boon-sim-joins-cppib-board The pension plan had been searching for an international director replacement since Jackson Tai retired last March. Executive Moves Meet Caroline Henry: new Chairman of Eskom pension fund News Aggregation Team Thursday, July 23, 2020 1:00 am http://pension-managers.com/article/57053/meet-caroline-henry-new-chairman-of-eskom-pension-fund Ms Henry holds a Bachelor of Commerce degree from the University of the Witwatersrand and a B Compt degree with Honours in Accounting and Finance from the University of South Africa. Executive Moves Sanlam UK welcomes new global equity income team News Team Monday, July 20, 2020 1:00 am http://pension-managers.com/article/56974/sanlam-uk-welcomes-new-global-equity-income-team The move is part of the long-term strategy to build the Group’s expertise in global equities Executive Moves Scheme pays more flexible than legislation suggests News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57329/scheme-pays-more-flexible-than-legislation-suggests Scheme pays can be flexible and help reduce charges Legal,Regulation & Compliance A Divorce Could Have a Big Impact on Your Retirement Savings News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57332/a-divorce-could-have-a-big-impact-on-your-retirement-savings Divorce can affect your life in many ways. Legal,Regulation & Compliance Global Anti-Money-Laundering Fine Amounts Released News Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57333/global-anti-money-laundering-fine-amounts-released For years the U.S. has led the way in imposing major anti-money laundering (AML) fines, but regulators in Europe have recently started taking a much tougher line. Legal,Regulation & Compliance FCA wants evidence of ‘informed decisions’ in DB advice News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57334/fca-wants-evidence-of-amplsquoinformed-decisionsamprsquo-in-db-advice Mr Harries said he believed the regulator would also move to focus on charging structures as this will ultimately lead to better outcomes for consumers following on from its contingent charging ban, which comes into force from October. Legal,Regulation & Compliance Govt publishes Troubles pension eligibility guidance News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57336/govt-publishes-troubles-pension-eligibility-guidance The guidance explains that those injured “at their own hand” will not be eligible and provides for the establishment of an independent board that will make case-by-case decisions. Legal,Regulation & Compliance Trustees could face 'perfect storm' of competing investment tensions News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57337/trustees-could-face-amp039perfect-stormamp039-of-competing-investment-tensions The firm explained that tensions in relation to ESG are in turn likely to intensify as a result of both legislative and regulatory scrutiny, with The Pensions Regulator highlighting this as a key area of focus within its 2020-21 Corporate Plan. Legal,Regulation & Compliance Troubles pension: Guidance on eligibility published News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57339/troubles-pension-guidance-on-eligibility-published Factors may include an individual's age at the time of conviction or whether they have shown remorse. Legal,Regulation & Compliance 93% of pension professionals do not believe DB funding proposals offer 'true flexibiliy' News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57308/93-of-pension-professionals-do-not-believe-db-funding-proposals-offer-amp039true-flexibiliyamp039 The Pensions Regulator (TPR) proposed introducing the two ways for DB schemes to comply with funding regulations in October 2019, launching a consultation on the proposal in March. Legal,Regulation & Compliance UK wealth manager completes first advice M&A deal News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57312/uk-wealth-manager-completes-first-advice-mampampa-deal As it eyes ‘further acquisitions’ and a hiring spree over the next few years Legal,Regulation & Compliance Pension amounts to increase in Latvia. For whom and how will they be calculated? News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57315/pension-amounts-to-increase-in-latvia-for-whom-and-how-will-they-be-calculated The goal of pension indexation is providing protection for pensions and benefits against decline of purchasing power and helping maintain their value. Legal,Regulation & Compliance Grandhood eyes UK market after Danish deal ups scalability News Aggregation Team Wednesday, July 29, 2020 1:00 am http://pension-managers.com/article/57123/grandhood-eyes-uk-market-after-danish-deal-ups-scalability They said the firm had not yet decided which country to tackle next, but that the UK did seem appealing for a number of reasons. FinTech Momentum Pensions rebrands Sipp business to iPensions Group News Aggregation Team Tuesday, July 21, 2020 1:00 am http://pension-managers.com/article/57003/momentum-pensions-rebrands-sipp-business-to-ipensions-group Commenting on the announcement, Robertson said: “iPensions Group launches with a strong track record of deep technical knowledge, high-calibre service and ambitious plans for future growth. FinTech Cybercrime and Pensions Administration News Aggregation Team Tuesday, July 21, 2020 1:00 am http://pension-managers.com/article/57006/cybercrime-and-pensions-administration At PASA we too recognise the risks associated FinTech Pension Solution Penfold Added to Starling Bank Marketplace News Aggregation Team Monday, July 20, 2020 1:00 am http://pension-managers.com/article/56976/pension-solution-penfold-added-to-starling-bank-marketplace Boden said the integration with Penfold will encourage them to invest and benefit from the government contributions and tax relief which can make savings go so much further. FinTech Digital Wealth Management: Artificial Intelligence to Accelerate Value Creation News Team Monday, July 13, 2020 1:00 am http://pension-managers.com/article/56879/digital-wealth-management-artificial-intelligence-to-accelerate-value-creation AI ​​makes it possible to use algorithms to build predictive scenarios to support the investment process. FinTech RiskFirst Enhances PFaroe™DB with GMP Equalisation Capabilities News Team Thursday, July 02, 2020 1:00 am http://pension-managers.com/article/56749/riskfirst-enhances-pfaroeamptradedb-with-gmp-equalisation-capabilities Adding this new feature to its award-winning solution allows RiskFirst to help clients address the requirements of GMP equalisation. FinTech Technical Wizardry: the rise of the smart home News Team Wednesday, July 01, 2020 1:00 am http://pension-managers.com/article/56721/technical-wizardry-the-rise-of-the-smart-home As with most technology, the rise in uptake of smart-home products will continue to grow: FinTech Auto-enrolment reaps rewards as contributions hit £20bn News Aggregation Team Tuesday, June 30, 2020 1:00 am http://pension-managers.com/article/56695/auto-enrolment-reaps-rewards-as-contributions-hit-amppound20bn “This must include encouraging people to take responsibility and save over-and-above the auto-enrolment minimum where they can afford to.” FinTech Anthony Pompliano Continues Push for Pension Fund Crypto Allocation News Aggregation Team Monday, June 22, 2020 1:00 am http://pension-managers.com/article/56582/anthony-pompliano-continues-push-for-pension-fund-crypto-allocation Morgan Creek’s Anthony Pompliano presses pension funds to allocate 1-5% of their portfolios to Bitcoin. FinTech XPS launches coronavirus life expectancy tool for pension schemes News Aggregation Team Monday, June 15, 2020 1:00 am http://pension-managers.com/article/56481/xps-launches-coronavirus-life-expectancy-tool-for-pension-schemes XPS said trustees’ knowledge of their schemes’ demographics was essential for funding valuations, accounting disclosures and member option terms. FinTech Taking up to 25% tax-free cash from a pension – what you need to know News Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57326/taking-up-to-25-tax-free-cash-from-a-pension-ampndash-what-you-need-to-know We take a look at what you need to know about taking tax-free cash from a pension, and uncover some of the most common misconceptions. Comment & Analysis Are Employer-Sponsored DC Plans the Best Retirement Savings Vehicles? News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57335/are-employer-sponsored-dc-plans-the-best-retirement-savings-vehicles The coronavirus pandemic and other factors have called into question the value of DC plans, but experts say they’re still good savings vehicles. Comment & Analysis UK: Should I Stay Or Should I Go? News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57306/uk-should-i-stay-or-should-i-go Being able to access a pension flexibly is often a significant driver. Comment & Analysis CTA Employees Have a Pension Plan Twice as Good as the Teachers They Represent News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57307/cta-employees-have-a-pension-plan-twice-as-good-as-the-teachers-they-represent The CTA may be a labor union, but the professionals who work for the CTA are themselves represented by a union Comment & Analysis SSAS pension: What is SSAS pension? Is a SSAS regulated? News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57309/ssas-pension-what-is-ssas-pension-is-a-ssas-regulated SSAS pension stands for small self-administered scheme and is a type of workplace pension. What is SSAS pension and is it regulated? Comment & Analysis Pension warning: Being made redundant? Brits urged 'don't neglect' these savings News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57310/pension-warning-being-made-redundant-brits-urged-amp039donamp039t-neglectamp039-these-savings This is the first time the UK has been in recession since the dark days of the financial crisis. Comment & Analysis Single mothers' pension pots just 12% of the average man's News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57311/single-mothersamp039-pension-pots-just-12-of-the-average-manamp039s Of the 13.4 million employed women in the UK, 23% (3 million) do not meet the qualifying criteria for auto enrolment compared to 12% of men. Comment & Analysis Young workers opting out of pensions because of Covid crisis, poll suggests News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57316/young-workers-opting-out-of-pensions-because-of-covid-crisis-poll-suggests Research shows employees are reducing or stopping contributions and warns of potential long-term damage to retirement prospects Comment & Analysis DWP figures show dramatic drop in state pension gender gap News Aggregation Team Wednesday, August 12, 2020 1:00 am http://pension-managers.com/article/57299/dwp-figures-show-dramatic-drop-in-state-pension-gender-gap The new state pension contains a number of features designed to improve the relative position of women. Comment & Analysis Single mothers' private pension pots 88% lower than men's at retirement News Aggregation Team Wednesday, August 12, 2020 1:00 am http://pension-managers.com/article/57304/single-mothersamp039-private-pension-pots-88-lower-than-menamp039s-at-retirement Whilst around 22 per cent of the working population are part-time, this increases to almost half (43 per cent) for single mothers. Comment & Analysis Pensioners claw back record tax haul from HMRC News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57331/pensioners-claw-back-record-tax-haul-from-hmrc Average claim hits £3,500 as taxman returns £627 million in five years for slapping emergency charges on pension withdrawals. Tax Taxman gives seven months’ notice – thereafter retirement funds captured for three years News Aggregation Team Wednesday, August 05, 2020 1:00 am http://pension-managers.com/article/57196/taxman-gives-seven-monthsamprsquo-notice-ampndash-thereafter-retirement-funds-captured-for-three-years Simply put, you have seven months to execute a well-planned withdrawal strategy or you will be legislatively prohibited from withdrawing your retirement for at least a very uncertain three years. Tax State Pension: How is my State Pension taxed? News Aggregation Team Tuesday, August 04, 2020 1:00 am http://pension-managers.com/article/57179/state-pension-how-is-my-state-pension-taxed STATE PENSIONS are considered taxable income, so how is the State Pension taxed? Tax UK higher earners concerned about tax hikes and relief cuts - deVere News Aggregation Team Tuesday, August 04, 2020 1:00 am http://pension-managers.com/article/57182/uk-higher-earners-concerned-about-tax-hikes-and-relief-cuts-devere The deVere CEO concludes that it is likely to be safer politically for the Chancellor to "tinker around with taxes" rather than make bold moves to boost the UK's growth and competitive edge. Tax Pension: Claiming pensions but still working? This is the impact it has on your tax code News Aggregation Team Monday, July 27, 2020 1:00 am http://pension-managers.com/article/57078/pension-claiming-pensions-but-still-working-this-is-the-impact-it-has-on-your-tax-code A tax code is what's used by employers or pension providers to work out how much Income Tax should be taken from the person's pay or pension. Tax How pensions tax relief could be improved News Aggregation Team Thursday, July 23, 2020 1:00 am http://pension-managers.com/article/57047/how-pensions-tax-relief-could-be-improved Pensions tax relief costs the Treasury tens of billions of pounds a year as it effectively tops up the value of pension contributions for millions of people. Tax How do you fix tax loophole depriving low-paid workers of pension cash? Government offers four options... but it's still open to other ideas News Aggregation Team Wednesday, July 22, 2020 1:00 am http://pension-managers.com/article/57015/how-do-you-fix-tax-loophole-depriving-low-paid-workers-of-pension-cash-government-offers-four-options-but-itamp039s-still-open-to-other-ideas Tax flaw means some poorly paid staff lose payments into their pensions Tax HMRC mulls new reporting requirements for tax advisers News Aggregation Team Wednesday, July 22, 2020 1:00 am http://pension-managers.com/article/57016/hmrc-mulls-new-reporting-requirements-for-tax-advisers The policy change is part of a wider push to increase penalties for enablers of tax avoidance. Tax UK Inheritance tax changes to settlements – changes contemplated by Finance Bill 2020 News Team Wednesday, July 22, 2020 1:00 am http://pension-managers.com/article/57017/uk-inheritance-tax-changes-to-settlements-ampndash-changes-contemplated-by-finance-bill-2020 In practical terms, this is unlikely to change anything since most advisors have never recommended that settlors who are UK domiciled or deemed domiciled should make additions to existing excluded property settlements. Tax MPs call for review of pension tax relief News Aggregation Team Tuesday, July 21, 2020 1:00 am http://pension-managers.com/article/56989/mps-call-for-review-of-pension-tax-relief MPs pointed to the pressures of the Covid-19 pandemic on public finances as cause to ensure tax reliefs were "demonstrably cost-effective" and recommended the taxman evaluate the impact of pension tax relief over the next year. Tax Acquisition of SSAS and International Group Pension Plan businesses News Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57325/acquisition-of-ssas-and-international-group-pension-plan-businesses Both businesses have been in existence for decades and come with a good quality portfolio of clients. Investments Japanese head of world’s biggest pension fund looks beyond sovereign debt for future returns News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57328/japanese-head-of-worldamprsquos-biggest-pension-fund-looks-beyond-sovereign-debt-for-future-returns Apart from foreign sovereign bonds there’s also mortgage debt, corporate debt to consider.” Investments Steelworker to be compensated after transfer value delays News Aggregation Team Friday, August 14, 2020 1:00 am http://pension-managers.com/article/57338/steelworker-to-be-compensated-after-transfer-value-delays The problem first arose when the steelworker, known as Mr N, requested a CETV quotation in August 2017 after resigning from Tata Steel and becoming a deferred member of BSPS. Investments Covid crisis stops the young from saving into pensions, while older workers stick at it News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57313/covid-crisis-stops-the-young-from-saving-into-pensions-while-older-workers-stick-at-it Under pension auto enrolment, workers contribute 4 per cent of their qualifying earnings - currently between £6,240 and £50,000 a year - employers put in 3 per cent, and the Government contributes 1 per cent in tax relief. Investments A closer look at the Retirement Savings Account (RSAs) News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57314/a-closer-look-at-the-retirement-savings-account-rsas RSA return is an amount equal to the total pension contribution made, plus investment returns. Investments Japanese head of world’s biggest pension fund looks beyond sovereign debt for future returns News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57317/japanese-head-of-worldamprsquos-biggest-pension-fund-looks-beyond-sovereign-debt-for-future-returns Among the options for the GPIF, as the fund is known, could be to redeploy funds parked in short-term Treasuries into riskier assets after global sovereign yields dropped to record lows. Investments Connecticut Pension Ramps Up Private Credit Commitments News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57319/connecticut-pension-ramps-up-private-credit-commitments The state pension system is considering $550 million in total commitments to a separately managed account with Fortress Investment Group and a fund managed by credit firm Sixth Street Partners Investments Retirement Investors Saw Record Rebound in Q2 News Aggregation Team Thursday, August 13, 2020 1:00 am http://pension-managers.com/article/57321/retirement-investors-saw-record-rebound-in-q2 Fidelity reports that the average 401(k) plan balance was up 14% between the start of April and the end of June. Investments Pension schemes and members: Finding the common ground on ESG News Aggregation Team Wednesday, August 12, 2020 1:00 am http://pension-managers.com/article/57292/pension-schemes-and-members-finding-the-common-ground-on-esg LCP's Claire Jones encourages trustees to tap into investors' concerns on real world issues Investments Pension funds sneeze as Covid-19 hits firms News Aggregation Team Wednesday, August 12, 2020 1:00 am http://pension-managers.com/article/57297/pension-funds-sneeze-as-covid-19-hits-firms The Covid-19 pandemic has led to a global health and economic crisis that will have drastic short- and long-term impacts on organisations’ business models Investments Just one in four UK adults would speak to an adviser after receiving a windfall News Team Tuesday, August 04, 2020 1:00 am http://pension-managers.com/article/57175/just-one-in-four-uk-adults-would-speak-to-an-adviser-after-receiving-a-windfall Quilter research, conducted by YouGov*, asked respondents what three things they would do if they were to be given £500,000 tomorrow. Just 27% said they would speak to a financial adviser, which was consistent across all age groups. Research XPS Pensions Group releases third annual pensions accounting survey News Aggregation Team Tuesday, June 30, 2020 1:00 am http://pension-managers.com/article/56706/xps-pensions-group-releases-third-annual-pensions-accounting-survey XPS saw more variation in setting longevity assumptions as market and auditor views have continued to evolve Research Brits set to accumulate £75bn in lockdown as new ‘money revolution’ begins News Team Monday, June 29, 2020 1:00 am http://pension-managers.com/article/56678/brits-set-to-accumulate-amppound75bn-in-lockdown-as-new-amplsquomoney-revolutionamprsquo-begins Lockdown has also led to an explosion in the use of digital banking platforms, the research shows. Research Over a third of DB schemes struggling to make decisions amid crisis News Aggregation Team Wednesday, May 20, 2020 1:00 am http://pension-managers.com/article/56128/over-a-third-of-db-schemes-struggling-to-make-decisions-amid-crisis Around one in seven (15 per cent) said that they believed additional cash contributions from their sponsoring employers would be the best response. Research UK pensions suffer record losses News Aggregation Team Tuesday, May 05, 2020 1:00 am http://pension-managers.com/article/55913/uk-pensions-suffer-record-losses UK pension funds endured their worst-ever quarterly performance in the first three months of this year as the coronavirus outbreak devastated global stock markets. Research Global Financial Markets Regulatory Review - Dentons News Team Sunday, April 12, 2020 1:00 am http://pension-managers.com/article/55575/global-financial-markets-regulatory-review-dentons The reports for each country include links to further information and contact information for Dentons professionals. Research Willis Owen reveals the best & worst sectors and funds in March 2020 News Team Wednesday, April 01, 2020 1:00 am http://pension-managers.com/article/55439/willis-owen-reveals-the-best-ampamp-worst-sectors-and-funds-in-march-2020 March was a month to forget for most investors, with some of the worst falls seen for more than a decade. Research 10 Years of Rising State Pension Age News Team Wednesday, March 25, 2020 12:00 am http://pension-managers.com/article/55334/10-years-of-rising-state-pension-age 77,500 extra people are claiming the State Pension. Research Coronavirus breakthrough: Australian researchers find ‘cure’ News Aggregation Team Monday, March 16, 2020 12:00 am http://pension-managers.com/article/55182/coronavirus-breakthrough-australian-researchers-find-amplsquocureamprsquo He said one of the medications, given to some of the first people to test positive for COVID-19 in Australia, had already resulted in ‘disappearance of the virus’ and complete recovery from the infection. Research HMRC Publishes Awaited GMP Equalisation Guidance But Question Remain News Team Tuesday, February 25, 2020 12:00 am http://pension-managers.com/article/54898/hmrc-publishes-awaited-gmp-equalisation-guidance-but-question-remain There are potentially significant tax risks in proceeding with GMP conversion in the meantime. Research Is the UK government greenwashing the recovery? - Kames Capital News Team Tuesday, August 11, 2020 1:00 am http://pension-managers.com/article/57280/is-the-uk-government-greenwashing-the-recovery-kames-capital Dryburgh believes more is needed to stop green ambitions becoming an afterthought for governments looking to stabilise economies during the pandemic. ESG Industry sounds off against DOL proposal on ESG News Aggregation Team Monday, August 10, 2020 1:00 am http://pension-managers.com/article/57270/industry-sounds-off-against-dol-proposal-on-esg More than 1,500 comment letters were filed from asset owners, asset managers, trade associations, record keepers, lawmakers and others, many of whom took issue with the Labor Department's initiative, which was unveiled June 23. ESG Scottish Widows seeds BlackRock’s Climate Transition fund with News Aggregation Team Friday, August 07, 2020 1:00 am http://pension-managers.com/article/57239/scottish-widows-seeds-blackrockamprsquos-climate-transition-fund-with The Authorised Contractual Scheme Climate Transition World Equity fund will be managed by Jonathan Adams£2bn ESG Trump’s ESG Investing Rule Creates Retiree ‘Litigation Roadmap’ News Aggregation Team Wednesday, August 05, 2020 1:00 am http://pension-managers.com/article/57202/trumpamprsquos-esg-investing-rule-creates-retiree-amplsquolitigation-roadmapamprsquo The regulation would require plan fiduciaries to fully document their reasoning for investing in environmental, social, and corporate governance (ESG)-focused funds. ESG Now is the Climate for Change News Aggregation Team Friday, July 31, 2020 1:00 am http://pension-managers.com/article/57166/now-is-the-climate-for-change Other amendments include requiring trustees to consider scenarios involving the achievement of particular climate change goals. ESG Allfunds strengthens its social commitment and joins the United Nations Global Compact News Team Wednesday, July 29, 2020 1:00 am http://pension-managers.com/article/57110/allfunds-strengthens-its-social-commitment-and-joins-the-united-nations-global-compact Allfunds strengthens its commitment to Corporate Social Responsibility and joins the United Nations Global Compact, the world's largest corporate sustainability initiative. ESG NEST moves $7 billion under new climate investment policy News Aggregation Team Wednesday, July 29, 2020 1:00 am http://pension-managers.com/article/57117/nest-moves-7-billion-under-new-climate-investment-policy NEST will immediately divest portfolio companies that derive more than 20% of their revenues from activities linked to coal, oil sands and arctic drilling before year-end under its new climate policy and companies that similarly derive 10% of their revenu ESG Advised clients more likely to buy ESG News Aggregation Team Tuesday, July 28, 2020 1:00 am http://pension-managers.com/article/57102/advised-clients-more-likely-to-buy-esg “It is particularly interesting to see the growing appetite among advised female investors, who historically have been less engaged or interested than men.” ESG Pension funds, others call for climate action from regulators News Aggregation Team Tuesday, July 21, 2020 1:00 am http://pension-managers.com/article/56994/pension-funds-others-call-for-climate-action-from-regulators Other signers represent companies, foundations, former regulators and members of Congress. ESG U.K. Pensions May Focus on Climate Change, While U.S. May Limit Pensions’ ESG Investment News Aggregation Team Friday, July 17, 2020 1:00 am http://pension-managers.com/article/56960/uk-pensions-may-focus-on-climate-change-while-us-may-limit-pensionsamprsquo-esg-investment The U.K. wants to require retirement plans to disclose their climate change plans, while the U.S. may limit the sector’s ability to consider the environment in investment decisions ESG Covid-19 continues to hit DB schemes as PPF 7800 deficit reaches almost £200bn News Aggregation Team Tuesday, August 11, 2020 1:00 am http://pension-managers.com/article/57284/covid-19-continues-to-hit-db-schemes-as-ppf-7800-deficit-reaches-almost-amppound200bn Total scheme assets decreased by less than 0.1 per cent over the past month, to £1,775bn, representing a 5 per cent increase since the start of the year. Covid-19 COVID-19 thrown a wrench into retirement planning? Don't panic. News Aggregation Team Sunday, August 09, 2020 1:00 am http://pension-managers.com/article/57258/covid-19-thrown-a-wrench-into-retirement-planning-donamp039t-panic Fidelity Investments suggests a retirement savings rule of thumb for individual which calls for saving 1x your salary by age 30, 3x by 40, 6x by 50, 8x by 60 and 10x by age 67. Covid-19 Considerations over ‘human capital’ growing News Aggregation Team Monday, July 27, 2020 1:00 am http://pension-managers.com/article/57089/considerations-over-amplsquohuman-capitalamprsquo-growing Plans beginning to give closer attention to how companies treat their employees Covid-19 Lockdown sees clients wait for months to access pension News Aggregation Team Friday, July 24, 2020 1:00 am http://pension-managers.com/article/57070/lockdown-sees-clients-wait-for-months-to-access-pension Meanwhile, advisers have faced similar barriers and have noticed providers have been taking longer to respond to their requests. Covid-19 COVID-19 will result in a permanent increase in compliance risk News Team Monday, July 20, 2020 1:00 am http://pension-managers.com/article/56973/covid-19-will-result-in-a-permanent-increase-in-compliance-risk COVID-19 will have a lasting impact on the way businesses approach compliance. Covid-19 Fidelity Pulse Survey: COVID-19 creating diverging paths for businesses News Team Friday, July 17, 2020 1:00 am http://pension-managers.com/article/56952/fidelity-pulse-survey-covid-19-creating-diverging-paths-for-businesses This month, 43 per cent of Fidelity’s analysts reporting positive indicators globally, compared with 39 per cent last month. Covid-19 The Pandemic Reveals Why You Shouldn’t Rely ONLY on the OAS and CPP Pension News Aggregation Team Monday, July 06, 2020 1:00 am http://pension-managers.com/article/56783/the-pandemic-reveals-why-you-shouldnamprsquot-rely-only-on-the-oas-and-cpp-pension Investing comes with risks, but you can mitigate these risks. Covid-19 Coronavirus risks roadblocking AE successes News Aggregation Team Wednesday, July 01, 2020 1:00 am http://pension-managers.com/article/56726/coronavirus-risks-roadblocking-ae-successes Head of policy Pete Glancy said: "AE has transformed the retirement prospects of millions, giving everyone a better chance to retire in safety and security. Covid-19 Raiding the pot: how the pandemic has deepened the pensions crisis News Aggregation Team Monday, June 29, 2020 1:00 am http://pension-managers.com/article/56677/raiding-the-pot-how-the-pandemic-has-deepened-the-pensions-crisis The pressure on schemes has intensified with rates set to stay low and workers drawing down their funds Covid-19 Pensions and Furlough: What You Need to Know News Aggregation Team Monday, June 29, 2020 1:00 am http://pension-managers.com/article/56688/pensions-and-furlough-what-you-need-to-know What is furlough, how does affect your pensions, and what happens when the rules change in August? We answer all your questions on the Coronavirus Job Retention Scheme Covid-19