Knowledge

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Knowledge hub

From thought leadership to technical pieces, knowledge hub keeps our members and pensions professionals up to date with the recent developments in the industry.

10 questions with Ian Pittaway
17 July 2020

10 questions with Ian Pittaway

What keeps you awake at night as one of the thought leaders in the pensions industry?

Read more
Don’t de-risk for the sake of it: the role of covenant in setting journey plans
17 July 2020

Don’t de-risk for the sake of it: the role of covenant in setting journey plans

High profile pension scandals and insolvencies, increasing select committee focus, and years of guidance from the Pensions Regulator (TPR) all point towards a regime of increased prudence in Defined Benefit (DB) pensions strategies. This new regulatory paradigm was meant to become reality in 2020 with a new funding Code of Practice from TPR backed up by increased powers from the Pension Schemes Bill. But the COVID-19 pandemic is now putting the industry in a difficult position.

Read more
Is the balance of power over scheme investment changing?
17 July 2020

Is the balance of power over scheme investment changing?

Trustees control investment strategy. That has always been a key factor in trustee-employer negotiations. Whilst trustees have to consult the employer about the contents of the Statement of Investment Principles (SIP), they do not have to agree investment matters with the employer. In fact, legislation currently states that investment powers cannot be restricted by requiring employer consent. But is that all about to change?

Read more
Testing times
17 July 2020

Testing times

The COVID-19 driven crash across return-seeking assets and subsequent bounce (at least at the time of writing), have provided a serious test of pension schemes’ investment strategies. The investment performance across Defined Benefit (DB) schemes has been mixed. As with any crisis – albeit we may still be in the early stages of this one – we can take away some useful lessons.

Read more
The Pension Schemes Bill 2020: clause 107 are we right to be concerned?
17 July 2020

The Pension Schemes Bill 2020: clause 107 are we right to be concerned?

A survey of our members revealed that 80% are concerned about the proposed criminal offences contained in section 107 of the Pension Schemes Bill. The survey also identified a small number of members who expressed a degree of unfamiliarity as to what Section 107 will mean in practice and this note includes a high level summary of the offences.

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Investment, administration and COVID-19
16 July 2020

Investment, administration and COVID-19

A sea change in the world of investments and pension administration.

Read more
10 questions with Ian Pittaway
17 July 2020

10 questions with Ian Pittaway

What keeps you awake at night as one of the thought leaders in the pensions industry?

Read more
Don’t de-risk for the sake of it: the role of covenant in setting journey plans
17 July 2020

Don’t de-risk for the sake of it: the role of covenant in setting journey plans

High profile pension scandals and insolvencies, increasing select committee focus, and years of guidance from the Pensions Regulator (TPR) all point towards a regime of increased prudence in Defined Benefit (DB) pensions strategies. This new regulatory paradigm was meant to become reality in 2020 with a new funding Code of Practice from TPR backed up by increased powers from the Pension Schemes Bill. But the COVID-19 pandemic is now putting the industry in a difficult position.

Read more
The Pension Schemes Bill 2020: clause 107 are we right to be concerned?
17 July 2020

The Pension Schemes Bill 2020: clause 107 are we right to be concerned?

A survey of our members revealed that 80% are concerned about the proposed criminal offences contained in section 107 of the Pension Schemes Bill. The survey also identified a small number of members who expressed a degree of unfamiliarity as to what Section 107 will mean in practice and this note includes a high level summary of the offences.

Read more
Is the balance of power over scheme investment changing?
17 July 2020

Is the balance of power over scheme investment changing?

Trustees control investment strategy. That has always been a key factor in trustee-employer negotiations. Whilst trustees have to consult the employer about the contents of the Statement of Investment Principles (SIP), they do not have to agree investment matters with the employer. In fact, legislation currently states that investment powers cannot be restricted by requiring employer consent. But is that all about to change?

Read more
Investment, administration and COVID-19
16 July 2020

Investment, administration and COVID-19

A sea change in the world of investments and pension administration.

Read more
Testing times
17 July 2020

Testing times

The COVID-19 driven crash across return-seeking assets and subsequent bounce (at least at the time of writing), have provided a serious test of pension schemes’ investment strategies. The investment performance across Defined Benefit (DB) schemes has been mixed. As with any crisis – albeit we may still be in the early stages of this one – we can take away some useful lessons.

Read more