Pensions Aspects Magazine

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Climate risk update - a quick guide
07 June 2021

Climate risk update - a quick guide

The Pension Schemes Act 2021 (the Act) introduces a requirement for occupational pension schemes to manage the effects of climate change as a financial risk, and to report on how they have done so in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. A compliance framework regarding the new duties will be put in place, including additional powers being given to The Pensions Regulator (TPR).

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The role of technology in member communications and engagement
07 June 2021

The role of technology in member communications and engagement

It’s been well over a year since our first national lockdown and life has changed considerably for many pension scheme members since then.

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Tips for avoiding communications traps
07 June 2021

Tips for avoiding communications traps

Many trustees and employers are on a constant quest to capture the interest of their membership, and with good reason: there’s a clear correlation between improved member engagement and better member outcomes. With greater information and understanding, members are more likely to make appropriate decisions, keep their scheme up-to-date with the information it requires, and be less likely to fall victim to a scam. But schemes must be careful about the ‘hows’ and ‘whats’, particularly in the light of a couple of recent industry publications. So, how can we make sure employees are engaged and financially literate, whilst avoiding the risks inherent in doing so?

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The Pensions Regulator’s Climate Change Strategy - some key comments and next steps
07 June 2021

The Pensions Regulator’s Climate Change Strategy - some key comments and next steps

On 7 April 2021 The Pensions Regulator (TPR) published its Climate Change Strategy, including its approach to the trustee requirement for Statement of Investment Principles (SIPs) to include an Implementation Statement by 1 October 2021. Considered below are some of the key extracts from the Strategy, together with a practical summary of related SIPs and Implementation Statement requirements.

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Professional Trustee Accreditation – a must have!
07 June 2021

Professional Trustee Accreditation – a must have!

Having been in the consulting business for over 30 years, it was a natural switch to join the ranks of Professional Trustees. However, it was clear to me that whilst being a Fellow of the PMI (FPMI) felt like it should be enough, the world had moved on and the role involved taking responsibility directly for real people’s incomes in retirement. It seemed, therefore, entirely logical to look at what additional publicly acknowledged qualification would support me in my new world.

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How should trustees respond to a distressed employer and weaker covenant?
07 June 2021

How should trustees respond to a distressed employer and weaker covenant?

“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” Dialogue from Ernest Hemingway’s 1926 novel, The Sun Also Rises.

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Full magazine editions

Pensions Aspects October 2020
08 October 2020

Pensions Aspects October 2020

The hard-hitting financial reality. Read the latest issue re-evaluating the path of your retirement goals.

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Pensions Aspects September 2020
11 September 2020

Pensions Aspects September 2020

Defined contribution considerations. Read the latest issue on maintaining composure
in a state of flux.

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Pensions Aspects July/August 2020
17 July 2020

Pensions Aspects July/August 2020

Strategic Investor. Read the latest issue on using capital to drive positive change.   

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Pensions Aspects June 2020
07 June 2020

Pensions Aspects June 2020

Investing with a conscience. Read the latest issue on pension scheme sustainability and development.

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Pensions Aspects May 2020
05 May 2020

Pensions Aspects May 2020

A bit too close to home? Read the latest issue on cyber security, data management in a pandemic, trustee meetings in an ongoing crisis situation and more

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Pensions Aspects April 2020
09 April 2020

Pensions Aspects April 2020

This issue focuses on best practice board composition; meeting new regulatory standards; effective governance and more

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