Managers of Wealth - Pensions http://pension-managers.com/ Sun, 25 Oct 2020 19:40:06 GMT part of MediaG8way Group http://pension-managers.com/ http://pension-managers.com/assets/images/logo.png Managers of Wealth - Pensions KohanaPHP Pensions Age Awards 2021 now open for entries News Aggregation Team Friday, October 09, 2020 1:00 am http://pension-managers.com/article/58164/pensions-age-awards-2021-now-open-for-entries The awards also honour the Personality of the Year, as voted for by our readers. Pensions Pension boost protected by new bill News Team Friday, October 02, 2020 1:00 am http://pension-managers.com/article/58045/pension-boost-protected-by-new-bill The Government has moved to avoid a State Pension freeze. Pensions Pension funds: hedging longevity risk News Aggregation Team Thursday, October 01, 2020 1:00 am http://pension-managers.com/article/58032/pension-funds-hedging-longevity-risk Pension funds that operate defined benefit schemes are exposed to longevity risk; the risk that their pensioners live longer than predicted. Pensions Smaller schemes may struggle with implementation statements, says Dalriada News Aggregation Team Thursday, October 01, 2020 1:00 am http://pension-managers.com/article/58035/smaller-schemes-may-struggle-with-implementation-statements-says-dalriada The fact you will be paying material fees is also likely to encourage the investment manager to provide the relevant support. Pensions Government confirms triple lock boost in 2021: how much state pension could you get? News Aggregation Team Wednesday, September 30, 2020 1:00 am http://pension-managers.com/article/58012/government-confirms-triple-lock-boost-in-2021-how-much-state-pension-could-you-get The government wants to ensure pensioner incomes are protected Pensions Survey raises concerns about pension cover News Aggregation Team Wednesday, September 30, 2020 1:00 am http://pension-managers.com/article/58015/survey-raises-concerns-about-pension-cover There are a number of issues emerging which, if not addressed, could become very problematic in the years ahead. Pensions SBI VRS scheme 2020 for over 30,000 employees: Eligibility, salary, pension, other benefits News Aggregation Team Monday, September 07, 2020 1:00 am http://pension-managers.com/article/57648/sbi-vrs-scheme-2020-for-over-30000-employees-eligibility-salary-pension-other-benefits State Bank of India plans to introduce a VRS scheme to optimise human resources and costs of the bank Pensions Employers told to make it easier for savers to transfer out of a defined benefit pension News Aggregation Team Sunday, September 06, 2020 1:00 am http://pension-managers.com/article/57637/employers-told-to-make-it-easier-for-savers-to-transfer-out-of-a-defined-benefit-pension A report is calling on firms to make it easier for workers to run their own pension Pensions Kiplinger's Personal Finance: How to fix a bad retirement plan News Aggregation Team Sunday, September 06, 2020 1:00 am http://pension-managers.com/article/57640/kiplingeramp039s-personal-finance-how-to-fix-a-bad-retirement-plan First, get the name of the plan’s compliance administrator from your school district and ask the administrator for its approved provider list. Pensions Experts concerned over raising Pension Freedoms age to 57 News Aggregation Team Friday, September 04, 2020 1:00 am http://pension-managers.com/article/57630/experts-concerned-over-raising-pension-freedoms-age-to-57 That announcement set out the timetable for this change well in advance to enable people to make financial plans and will be legislated for in due course.” Pensions Malaysia pension fund KWAP may tap ex-CIO Nik Amlizan as new CEO, sources say News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58300/malaysia-pension-fund-kwap-may-tap-ex-cio-nik-amlizan-as-new-ceo-sources-say She was CIO of KWAP for 11 years before she was appointed to head the Armed Forces Fund Board on October 1, 2018. Executive Moves PLSA appoint two new Non Executive Directors News Aggregation Team Friday, October 16, 2020 1:00 am http://pension-managers.com/article/58244/plsa-appoint-two-new-non-executive-directors As the PLSA welcomes both Carol and Dave to the PLSA Board it is also saying goodbye to Patrick Heath-Lay (member NED) and John Dembitz (the first Independent NED under the PLSA’s new governance arrangements). Executive Moves Aon Partner Grant Suckling joins Ross Trustees as Trustee Director News Aggregation Team Friday, October 16, 2020 1:00 am http://pension-managers.com/article/58251/aon-partner-grant-suckling-joins-ross-trustees-as-trustee-director As more trustee boards and employers look to professional trustees to help develop their strategic pensions objectives and to deliver better outcomes for members, Ross Trustees has been appointing a series of new team members. Executive Moves Interactive Investor looks to RL for head of pensions News Aggregation Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58234/interactive-investor-looks-to-rl-for-head-of-pensions She was previously a personal finance specialist at Royal London, where according to her Linkedin page, she spent the past two years. Executive Moves AP7 adds to supervisory board; KPA Pension's new CEO News Aggregation Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58242/ap7-adds-to-supervisory-board-kpa-pensionamp039s-new-ceo She is to remain in the role until AP7 2020 accounts are complete. Executive Moves CalPERS chooses new head of trust level portfolio management News Aggregation Team Thursday, October 08, 2020 1:00 am http://pension-managers.com/article/58132/calpers-chooses-new-head-of-trust-level-portfolio-management Mr. Baggesen is expected to retire toward the end of December. Executive Moves Thames Water's DC scheme joins Aon master trust News Aggregation Team Thursday, October 08, 2020 1:00 am http://pension-managers.com/article/58140/thames-wateramp039s-dc-scheme-joins-aon-master-trust “We wanted to offer our members access to the best plan available with a good pension outcome on retirement and we’re delighted to have agreed a new partnership with Aon.” Executive Moves Vanguard appoints IGC to oversee personal pension investment pathways News Aggregation Team Tuesday, October 06, 2020 1:00 am http://pension-managers.com/article/58084/vanguard-appoints-igc-to-oversee-personal-pension-investment-pathways Churchill said: "I'm delighted to be appointed as chairman of the Vanguard IGC to review investment pathways." Executive Moves Eurazeo names boutique chief as head of investment partners News Aggregation Team Tuesday, October 06, 2020 1:00 am http://pension-managers.com/article/58092/eurazeo-names-boutique-chief-as-head-of-investment-partners French investment firm makes senior appointment as part of plan to strength asset management efforts. Executive Moves North Carolina Retirement confirms 2 as co-CIOs News Aggregation Team Friday, October 02, 2020 1:00 am http://pension-managers.com/article/58044/north-carolina-retirement-confirms-2-as-co-cios More information could not immediately be learned on their new roles or when the interim titles were removed. Executive Moves Regulator issues guidance on £170bn pension ‘superfunds’ News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58347/regulator-issues-guidance-on-amppound170bn-pension-amplsquosuperfundsamprsquo TPR said it continues to assess existing superfunds against the expectations set out in its interim regime Legal,Regulation & Compliance Singapore CPF pension top-ups jump despite 16-year high jobless rate News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58348/singapore-cpf-pension-top-ups-jump-despite-16-year-high-jobless-rate The CPF deems it “encouraging” that members are adding to their retirement accounts even through the pandemic, according to Tan Chui Leng, group director of the fund’s retirement income group. Legal,Regulation & Compliance Pension costs review for Northern Ireland Water News Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58353/pension-costs-review-for-northern-ireland-water GAD has carried out a pensions cost review, to help the Northern Ireland Utilities Regulator decide if it needs to adjust the pensions costs requested by the water provider. Legal,Regulation & Compliance White House orders review of Delphi pension fund termination News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58355/white-house-orders-review-of-delphi-pension-fund-termination One group of salaried plan participants sued unsuccessfully to challenge the PBGC’s takeover of the plan, which at the time of termination in 2009 had $2.5 billion in assets and $4.5 billion in liabilities. Legal,Regulation & Compliance Gad supports NI Utility Regulator in review of NIW pension costs News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58358/gad-supports-ni-utility-regulator-in-review-of-niw-pension-costs The report was published within the Utility Regulator’s consultation on a draft determination, which will close to responses on 16 December 2020. Legal,Regulation & Compliance Canada ranked in world’s top 10 pension systems News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58359/canada-ranked-in-worldamprsquos-top-10-pension-systems There is always room for improvement, however Legal,Regulation & Compliance UK pensions lifetime allowance set to increase by 0.5% News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58327/uk-pensions-lifetime-allowance-set-to-increase-by-05 And government expected to keep triple lock promise with 2.5% rise in 2021/22 Legal,Regulation & Compliance Regulator’s superfunds guidance brings pensions shake-up closer News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58332/regulatoramprsquos-superfunds-guidance-brings-pensions-shake-up-closer The government said in June that it would authorise superfunds after a two-year battle to get the schemes off the ground. Legal,Regulation & Compliance Brexit Business Brief | What happens to EU law at the end of the transition period? News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58334/brexit-business-brief-what-happens-to-eu-law-at-the-end-of-the-transition-period At the same moment, the case law of the Court of Justice of the European Union decided before the end of the transition period will acquire broadly the same status as that of the UK Supreme Court. Legal,Regulation & Compliance Pension “buy-back restriction” for part-time employees violates Charter News Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58337/pension-ampldquobuy-back-restrictionamprdquo-for-part-time-employees-violates-charter Plan administrators should consult with their legal advisors. Legal,Regulation & Compliance Where Have All The Robos Gone? News Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58335/where-have-all-the-robos-gone Build it and they will come. FinTech More than half of mid-life adults have never calculated when they can afford to retire News Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58235/more-than-half-of-mid-life-adults-have-never-calculated-when-they-can-afford-to-retire Yet fewer than one in ten (7%) use apps for retirement planning FinTech Financial software firm buys Sipp tech business for £23m News Aggregation Team Tuesday, October 13, 2020 1:00 am http://pension-managers.com/article/58189/financial-software-firm-buys-sipp-tech-business-for-amppound23m Acquisition will broaden product suite and offering FinTech Advisers ask for better technology from their Sipp providers News Aggregation Team Tuesday, October 13, 2020 1:00 am http://pension-managers.com/article/58197/advisers-ask-for-better-technology-from-their-sipp-providers Efficient administration however remained the most important factor for advisers and clients with 84 per cent rating it as very important. FinTech Advisers ask for better technology from their Sipp providers News Aggregation Team Tuesday, October 13, 2020 1:00 am http://pension-managers.com/article/58200/advisers-ask-for-better-technology-from-their-sipp-providers iPensions had polled 104 advisers "specialising in Sipps" during July and August. FinTech Sipp consolidator launches News Aggregation Team Wednesday, September 23, 2020 1:00 am http://pension-managers.com/article/57903/sipp-consolidator-launches The Platform Sipp provides round the clock online access and monitoring and only accepts assets complying with the City watchdog’s list of standard assets, including funds, trusts and ETFs as well as cash and deposit accounts. FinTech Nucleus launches behavioural finance guide for advisers with behavioural experts Be-IQ News Team Tuesday, September 22, 2020 1:00 am http://pension-managers.com/article/57896/nucleus-launches-behavioural-finance-guide-for-advisers-with-behavioural-experts-be-iq The paper sets out the background to behavioural finance theory, in particular highlighting the uncertain, complex financial landscape clients and advisers now find themselves in. FinTech Cyber Security; pension schemes in 2020 News Aggregation Team Monday, September 21, 2020 1:00 am http://pension-managers.com/article/57866/cyber-security-pension-schemes-in-2020 On a personal level, there are sophisticated ‘phishing’ emails in circulation, which purport to come from HMRC, DVLA and TV Licensing among others. FinTech Moneybox launches pension tracking service News Aggregation Team Wednesday, September 16, 2020 1:00 am http://pension-managers.com/article/57802/moneybox-launches-pension-tracking-service To mark this year’s Pension Awareness Day (September 15) the pension tracking service will be available on the Moneybox website for one month before remaining available for Moneybox customers in the app. FinTech Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing News Team Monday, September 14, 2020 1:00 am http://pension-managers.com/article/57760/virtual-assets-red-flag-indicators-of-money-laundering-and-terrorist-financing In response, the FATF Report Virtual Assets - Red Flag Indiciators of Money Laundering and Terrorist Financing will help national authorities detect whether virtual assets are being used for criminal activity. FinTech State Pension: Can I claim State Pension in more than one country? News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58344/state-pension-can-i-claim-state-pension-in-more-than-one-country If you live or work in another country, you might be able to contribute towards the country’s State Pension scheme. Comment & Analysis UK DB Plans’ Funded Ratio Falls to 91.4% in September News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58349/uk-db-plansamprsquo-funded-ratio-falls-to-914-in-september Meanwhile, the aggregate deficit of UK defined benefit plans rose to £166.1 billion during the month. Comment & Analysis Quit your job to start your own business? Don’t leave your old workplace pension behind News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58330/quit-your-job-to-start-your-own-business-donamprsquot-leave-your-old-workplace-pension-behind Top tips for understanding your old workplace pensions, how to find them and your options for transferring. Comment & Analysis Four in five UK adults say they don’t have a ‘pension will’ News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58333/four-in-five-uk-adults-say-they-donamprsquot-have-a-amplsquopension-willamprsquo It could be that they simply don’t recollect doing it, didn’t understand what it was, or put it to one side to complete later. Comment & Analysis More people need pension advice News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58338/more-people-need-pension-advice Which brings me to the Pensions and Lifetime Savings Association’s big suggestions for, well, how can I say this – making the pension freedoms less free. Comment & Analysis Older workers shun workplace financial guidance News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58339/older-workers-shun-workplace-financial-guidance Around two-thirds of the over-55s said they would be very unlikely to use it. Comment & Analysis Gifting to family members soars but fears of post-COVID tax hikes are not the driver News Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58313/gifting-to-family-members-soars-but-fears-of-post-covid-tax-hikes-are-not-the-driver Gifting to younger children will often come with restrictions Comment & Analysis Super needs improvement: Report card News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58301/super-needs-improvement-report-card Within the sustainability and integrity sub-indices, Australia ranked third and sixth respectively. Comment & Analysis PHL has 4th worst pension of 39 economies News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58302/phl-has-4th-worst-pension-of-39-economies The average score globally was 59.7, and the Philippines was way off the mark at 43, which is lower than the 43.7 it obtained last year. Comment & Analysis State Pension boost: How much will your State Pension increase by? Latest figures News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58304/state-pension-boost-how-much-will-your-state-pension-increase-by-latest-figures State pension is paid to eligible Britons to top up retirement funds and any workplace pensions. But as the latest inflation rate is due to be announced - how much will your State Pension increase by? Comment & Analysis Questions raised about SDLT loophole in pension transactions News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58356/questions-raised-about-sdlt-loophole-in-pension-transactions We believe many of our clients will have been impacted by earlier erroneous tax advice. Tax PLSA AC 2020: Pension tax relief reform could save govt £10bn – Andrew Neil News Aggregation Team Friday, October 16, 2020 1:00 am http://pension-managers.com/article/58255/plsa-ac-2020-pension-tax-relief-reform-could-save-govt-amppound10bn-ampndash-andrew-neil Neil also spoke on the UK economy and its potential recovery. Tax Time to End Pension Tax Relief Inequality? News Aggregation Team Tuesday, October 13, 2020 1:00 am http://pension-managers.com/article/58190/time-to-end-pension-tax-relief-inequality Presently, the Treasury provides 20% tax relief on pension savings for basic rate taxpayers, 40% for higher rate taxpayers, and 45% for additional rate taxpayers. Tax Pension Savers Pay More Tax If They Ignore Advice News Aggregation Team Friday, October 09, 2020 1:00 am http://pension-managers.com/article/58152/pension-savers-pay-more-tax-if-they-ignore-advice The FCA pension drawdown data also shows that many under 65s are withdrawing too much cash from their retirement savings. Tax State pension UK: How is income tax levied on payments? Rules explained News Aggregation Team Friday, October 09, 2020 1:00 am http://pension-managers.com/article/58158/state-pension-uk-how-is-income-tax-levied-on-payments-rules-explained Income tax will be levied on these forms of income once they go past the personal allowance. Tax Making These 2 Moves Now Could Ensure an Almost Tax-Free Retirement News Aggregation Team Tuesday, October 06, 2020 1:00 am http://pension-managers.com/article/58091/making-these-2-moves-now-could-ensure-an-almost-tax-free-retirement If you take just two steps now, you could potentially ensure an income-tax-free retirement -- or at least keep your taxes to the minimum. Tax Childcare pension credits and benefit tax adjustments available News Aggregation Team Tuesday, October 06, 2020 1:00 am http://pension-managers.com/article/58103/childcare-pension-credits-and-benefit-tax-adjustments-available Family members providing free childcare for working parents can, as of 5 October, apply for credits for their State Pension entitlement for the previous tax year. Tax Never Mind Biden’s 401(k) Plan - Are Pension Plan Tax Breaks Fair? News Aggregation Team Monday, October 05, 2020 1:00 am http://pension-managers.com/article/58061/never-mind-bidenamprsquos-401k-plan-are-pension-plan-tax-breaks-fair The most well-known and acknowledged of these is the exemption of employer health insurance subsidies, which have indeed been blamed for our ever-increasing health care costs as Americans are insulated from those costs. Tax UK Offshore Receipts in respect of Intangible Property News Team Thursday, October 01, 2020 1:00 am http://pension-managers.com/article/58041/uk-offshore-receipts-in-respect-of-intangible-property As the Channel Islands are not “states” for these purposes, residents could potentially be within the scope of the rules. Tax UK pensions tax relief review deemed ‘unnecessary’ News Aggregation Team Wednesday, September 30, 2020 1:00 am http://pension-managers.com/article/58003/uk-pensions-tax-relief-review-deemed-amplsquounnecessaryamprsquo As government comes under fire for not fully understanding how its own system works Tax 'My life has been totally ruined' by state pension age changes says woman, 62 News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58345/amp039my-life-has-been-totally-ruinedamp039-by-state-pension-age-changes-says-woman-62 The Great British Retirement Survey 2020 ­– one of the biggest of its kind – quizzed over 12,000 UK adults at different stages of their retirement journey. Investments British Steel pension scheme trustees secure £2bn buyout News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58346/british-steel-pension-scheme-trustees-secure-amppound2bn-buyout Trustees of collapsed British Steel’s pension scheme have agreed a £2bn deal with insurers to secure the pensions of 30,000 staff. Investments Aadil Zaman Named to 2020 Financial Times 401 Top Retirement Advisers News Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58354/aadil-zaman-named-to-2020-financial-times-401-top-retirement-advisers The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers). Investments Alecta becomes first Swedish pension fund to exceed SEK1trn assets News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58352/alecta-becomes-first-swedish-pension-fund-to-exceed-sek1trn-assets Alecta said its total capital under management reached SEK1trn at the end of September, up from SEK963bn at the end of June. Investments Aberdeen Standard Investments: Partnering with schemes and their advisers News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58357/aberdeen-standard-investments-partnering-with-schemes-and-their-advisers The fund range has been designed to allow schemes to create a bespoke solution to meet their specific objectives by combining allocations across the fund range. Investments LIC launches new pension scheme: Check out options, details, minimum purchase price News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58361/lic-launches-new-pension-scheme-check-out-options-details-minimum-purchase-price The minimum purchase price is Rs 1,50,000. Modes of annuity offered by LIC are yearly, half-yearly, quarterly and monthly, with the minimum annuity being Rs 12,000 per annum Investments Singapore pension system still best in Asia in Mercer’s 2020 global index News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58324/singapore-pension-system-still-best-in-asia-in-merceramprsquos-2020-global-index Other countries with the same grade include Australia, New Zealand and Switzerland. Netherlands and Denmark are the only countries with an A grade. Investments Retirees set for inflation busting state pension boost News Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58325/retirees-set-for-inflation-busting-state-pension-boost If they do so, recipients of the individual full basic state pension will receive a £3.40 a week boost to their pension income next year, receiving £137.65 a week. Investments Lucky enough to have a pension? The Fed’s low interest rates mean it may no longer guarantee a secure retirement. News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58326/lucky-enough-to-have-a-pension-the-fedamprsquos-low-interest-rates-mean-it-may-no-longer-guarantee-a-secure-retirement The central bank’s efforts to keep the economy afloat are undermining the long-term future of the U.S. pension system Investments Retirement schemes eye Sh25bn big project deals News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58328/retirement-schemes-eye-sh25bn-big-project-deals The pension funds especially want to leverage their long-term funding model for the projects through the government’s public private partnership (PPP) model. Investments UK drops one place to 15th in Mercer’s Global Pension Index News Aggregation Team Tuesday, October 20, 2020 1:00 am http://pension-managers.com/article/58294/uk-drops-one-place-to-15th-in-merceramprsquos-global-pension-index Adequacy is calculated on benefits, system design, savings, government support, home ownership and growth assets, with Netherlands achieving first place in this category with 81.5. Research 16% of DB schemes say Covid-19 has weakened sponsors' long-term covenant News Aggregation Team Tuesday, October 20, 2020 1:00 am http://pension-managers.com/article/58298/16-of-db-schemes-say-covid-19-has-weakened-sponsorsamp039-long-term-covenant “The Pensions Regulator (TPR) also said last week that fewer employers had deferred deficit contributions in response to severe cash constraints than had been expected. Research Retirement, It Is A-Changin’ News Aggregation Team Monday, October 19, 2020 1:00 am http://pension-managers.com/article/58274/retirement-it-is-a-changinamprsquo Gone are the days of sunny island sands and afternoons on the golf course that many once pictured. Research Millions of self-employed face 'retirement misery' News Aggregation Team Monday, October 19, 2020 1:00 am http://pension-managers.com/article/58276/millions-of-self-employed-face-amp039retirement-miseryamp039 "Make no mistake about it – without urgent action, there is a real risk millions of people will sleepwalk into retirement misery" Research Improving Member Outcomes: What next for Defined Contribution Pension Schemes? News Team Friday, October 02, 2020 1:00 am http://pension-managers.com/article/58042/improving-member-outcomes-what-next-for-defined-contribution-pension-schemes A key focus of the new consultation is to encourage trustees of DC pension schemes to invest in a more diverse range of long-term assets. Research Sharp increase in the number of serious incident reports made to the Charity Commission News Team Wednesday, September 30, 2020 1:00 am http://pension-managers.com/article/58013/sharp-increase-in-the-number-of-serious-incident-reports-made-to-the-charity-commission The rise in the number of serious incidents reported follows a trend set in previous years. Research How the fight for women's pension pay turned toxic: Challenge to the rise in pension age is thrown out of court News Aggregation Team Wednesday, September 23, 2020 1:00 am http://pension-managers.com/article/57911/how-the-fight-for-womenamp039s-pension-pay-turned-toxic-challenge-to-the-rise-in-pension-age-is-thrown-out-of-court Thousands of women left poorer as pension age is brought it into line with men's. But judges dealt a crushing blow, unanimously dismissing their legal challenge. Research Concerns and anxieties over financial scams increase due to impact of pandemic News Team Tuesday, September 15, 2020 1:00 am http://pension-managers.com/article/57784/concerns-and-anxieties-over-financial-scams-increase-due-to-impact-of-pandemic The data reveals the situation is getting worse as the pandemic continues Research Global top 20 pension fund assets rebound strongly: research News Aggregation Team Monday, September 07, 2020 1:00 am http://pension-managers.com/article/57662/global-top-20-pension-fund-assets-rebound-strongly-research Notwithstanding the significant costs of investing in new technologies Research FTSE 350 pension deficit falls back from July peak News Aggregation Team Thursday, September 03, 2020 1:00 am http://pension-managers.com/article/57609/ftse-350-pension-deficit-falls-back-from-july-peak The Bank now expects the UK economy to shrink by 9.5% this year, the biggest annual decline in a century. Research Northern Local Government Pension Scheme targets net zero portfolio by 2050 News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58350/northern-local-government-pension-scheme-targets-net-zero-portfolio-by-2050 NLGPS joins Make My Money Matter pledge to align its £46bn investment portfolio with Paris Agreement's 1.5C goal ESG Northern LGPS targets net zero carbon emissions by 2050 News Aggregation Team Friday, October 23, 2020 1:00 am http://pension-managers.com/article/58360/northern-lgps-targets-net-zero-carbon-emissions-by-2050 NLGPS chair, councillor Ged Cooney, said: “Collaboration is critical in driving positive change. NLGPS’ partnership with MMMM confirms our commitment to sustainable investment. We are confident through our work with other likeminded investors ESG Sustainable and ESG-focused funds “must be core part of portfolios now News Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58343/sustainable-and-esg-focused-funds-ampldquomust-be-core-part-of-portfolios-now Lowcock believes the outperformance of sustainable, ESG and ethical funds will continue from here, with many of the old-guard old economy stocks likely to struggle unless they change. ESG UK pension funds plan to boost renewables allocation News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58306/uk-pension-funds-plan-to-boost-renewables-allocation Solar and onshore wind expected to remain top two investment areas to 2025, says Apha Real Capital ESG Pension funds expecting to increase renewable allocations with solar and onshore wind top of the list News Aggregation Team Wednesday, October 21, 2020 1:00 am http://pension-managers.com/article/58317/pension-funds-expecting-to-increase-renewable-allocations-with-solar-and-onshore-wind-top-of-the-list However, whilst 74% of those surveyed already invest in the renewable energy sector, only 30% described it as mature. The majority of the pension fund investors (52%) classified it as developing, whilst 18% thought it was early stage. ESG Investors should be wary of greenwashing when making ESG investments, say Bancroft Wealth News Aggregation Team Tuesday, October 20, 2020 1:00 am http://pension-managers.com/article/58281/investors-should-be-wary-of-greenwashing-when-making-esg-investments-say-bancroft-wealth When you look under the bonnet, a lot of so-called ethical funds look very similar to other funds, so there is a real risk that much of the time it is simply a branding exercise. ESG ABI says pension charge cap must be lifted for ESG News Aggregation Team Friday, October 16, 2020 1:00 am http://pension-managers.com/article/58261/abi-says-pension-charge-cap-must-be-lifted-for-esg Steve Waygood, chief responsible investment officer at Aviva, agreed, saying it was an “elegant” idea which Aviva would support. ESG Appetite for ESG accelerates during pandemic: Royal Bank of Canada survey News Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58223/appetite-for-esg-accelerates-during-pandemic-royal-bank-of-canada-survey This trend was also evident when respondents were asked about the ability of ESG integrated portfolios to generate long-term sustainable alpha and to mitigate risk. ESG Pension funds embrace climate aware investment News Aggregation Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58228/pension-funds-embrace-climate-aware-investment Pension schemes cannot resolve these issues alone if they are to deliver the change that is necessary. A system-wide approach is needed. ESG Planet Papers: Changing the planet News Team Thursday, October 15, 2020 1:00 am http://pension-managers.com/article/58233/planet-papers-changing-the-planet When it comes to making Planet Earth a better place, ordinary investors don’t normally spring to mind. ESG UK pensions system flops in global rankings; Covid-19 puts flaws 'in sharp focus' News Aggregation Team Thursday, October 22, 2020 1:00 am http://pension-managers.com/article/58331/uk-pensions-system-flops-in-global-rankings-covid-19-puts-flaws-amp039in-sharp-focusamp039 The UK has continued to struggle against its peers in an international analysis of pension systems due to continuing concerns over adequacy and sustainability. Covid-19 Scots reveal fears about pensioners feeling lonely amid pandemic News Aggregation Team Friday, October 16, 2020 1:00 am http://pension-managers.com/article/58245/scots-reveal-fears-about-pensioners-feeling-lonely-amid-pandemic The Survation poll of more than 1,000 Scots found 81% are concerned about people aged 65 or older being lonely. Covid-19 Retirement planning in the time of coronavirus News Aggregation Team Friday, October 02, 2020 1:00 am http://pension-managers.com/article/58051/retirement-planning-in-the-time-of-coronavirus Recent stock market turbulence is concerning for all investors but particularly those who are in defined contribution pension schemes and looking to retire in the near future. Covid-19 Saving habits as we mark 6 months since lockdown started News Aggregation Team Monday, September 21, 2020 1:00 am http://pension-managers.com/article/57870/saving-habits-as-we-mark-6-months-since-lockdown-started For those in this fortunate position, after 6 months of extra ‘lockdown’ cash being added to their bank balance, now’s the time to review future savings and investments to get a better long term return. Covid-19 Covid-19 accelerates urgency of people wanting to retire in secure countries News Aggregation Team Sunday, September 13, 2020 1:00 am http://pension-managers.com/article/57748/covid-19-accelerates-urgency-of-people-wanting-to-retire-in-secure-countries Dubai's retirement visa scheme will help expats to start saving towards their retirement goals Covid-19 IFS tells govt to consider pension tax hike to pay off Covid debt News Aggregation Team Tuesday, September 01, 2020 1:00 am http://pension-managers.com/article/57566/ifs-tells-govt-to-consider-pension-tax-hike-to-pay-off-covid-debt Currently, when people take money from their pension 25 per cent is tax free while the remaining 75 per cent above the personal allowance is charged at the marginal rate of income tax. Covid-19 Stop Covid concerns becoming hasty pension decisions News Aggregation Team Tuesday, August 25, 2020 1:00 am http://pension-managers.com/article/57472/stop-covid-concerns-becoming-hasty-pension-decisions Pensions are extremely tax-efficient investments and if it is necessary to take money out it should be kept to a minimum Covid-19 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