News week ending 6 September
In the news this week, the Chancellor announces a consultation on changes to the RPI, trustees successfully challenge their DC investment fund provider on charges and one of the GKN schemes splits into four.
News for week ending 3 August
In the news this week, a report from the FRC shows room for improvement in pension disclosures in company accounts, the ONS publishes a survey on wealth and assets and the bank base rate finally rises.
Pensions Arena July 2018
Tales of the Unexpected
DB pension schemes are inherently long-term in nature: the last child’s pension arising from America’s civil war is still being paid, 150 years after the war ended! This long-term nature is fundamental to how they are managed but what happens when the life of a scheme is cut short unexpectedly?
In this quarter’s Arena article, “Tales of the Unexpected”, we look at some of the ways in which sudden and unexpected short-term developments can cause issues for a scheme which is being managed in a traditional long-term way. Our focus is on practical steps that can be taken now to prevent problems in the future.
And, of course, July’s Pensions Arena contains all the usual financial and investment analysis for the quarter ending 30 June 2018, presented in the BAC Dashboard.
News for week ending 13 April
In this week’s news, the WPC launches an inquiry into the recent DB White Paper, a transport company moves from RPI to CPI indexation, whilst a DC master trust introduces an in-house drawdown facility and reduces its charges.
News for week ending 23 March
In this week’s news, the White Paper is published, two regulators in the pensions sector jointly ask for input and the Co-operative Bank moves from RPI to CPI.