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In this episode of Hymans Robertson On... Kirsty Moffat, Senior DC Investment Consultant, presents our latest DC quarterly round-up. In this instalment, Kirsty covers the key developments shaping the defined contribution landscape this quarter, including:The proposed DC oversight reforms and what they could mean for schemes and governance structures.Updates on the FCA's drive to improve member outcomes and its implications for providers.Changes to pension tax relief, auto-enrolment thresholds, and what schemes need to be aware of.Highlights from The Pensions Regulator's 2024 survey of trust-based DC schemes, and what the results tell us about current scheme standards and challenges.Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.
In this episode of V-FM Pensions, hosts Darren and Nico Chat to the PMI's new Chief Strategy Officer, Helen Forrest Hall. Helen has been in the industry for 20 or so years and has just recently joined the PMI following a glittering career spanning time at The Pensions Regulator, the NAPF, and the DWP. Helen is a self-confessed pensions and policy geek, and we get stuck into topics such as pensions and housing, TPR's approach to supervising professional trustee companies, a recent talk by the Regulator at the PMI's excellent Master Trust and DC Symposium, glide paths and investment allocation, the latest report from the IFS, and a whole lot more. We also find out how Helen got into pensions and, of course, ask what value for money means to her.
In this episode of VFM Pensions, hosts Darren and Nico chat to LCP partner and PASA Board member David Fairs. David has had a long and distinguished career in the pension industry, including a 5-year stint at The Pensions Regulator as Executive Director responsible for Regulatory Policy, Analysis and Advice. The pensions chat covers DB surplus extraction, Trump (again) and DEI/ESG, NEST taking a stake in IFM and People's Pension appointing itself as its own investment consultant. We also chat conflicts in the pensions industry, how David found the transition from the private to public sector, how David got into pensions, and a whole lot more.... including what value for money means to him. The podcast also has a scoop regarding David's future.... you'll have to listen to find out more!
When launching its General Code of Practice, The Pensions Regulator laid down a challenge for trustees: they should take the opportunity to ensure that their scheme is "fit for the 21st century". What changes may trustees need to make in the light of the Code? And, faced with a document which runs to 170 pages, where should they start? Trustee adviser Caroline Curran joins us to discuss. Subscribe to the HSF Pensions Notes Blog here: https://www.herbertsmithfreehills.com/notes/pensions/subscribe
"Trustee boards lack diversity, but not the desire to improve". That was the conclusion of The Pensions Regulator, based on a survey conducted earlier this year. Jia Liu joins us to explain why trustees should be focussing on EDI, and the steps which they can take. Subscribe to the HSF Pensions Notes Blog here: https://www.herbertsmithfreehills.com/notes/pensions/subscribe Speakers: Richard Evans, Professional Support Lawyer and Jia Liu, Associate
Description: In this episode of HL Pensions Newsbeat, Hogan Lovells pensions Partner Claire Southern gives a recap of the last two weeks in the world of pensions, including the latest on the government's pension review; how the Pensions Regulator is getting busy; and the Pensions Ombudsman's blog on how he's going to get things cooking on gas. To listen to more episode of HL Pensions NewsBeat, click here: HL Pensions NewsBeat: all episodes - Hogan Lovells Engage To listen to episodes of our other podcast series, HL PensionsPod, click here: The HL PensionsPod - Hogan Lovells Engage Follow us on LinkedIn here: https://www.linkedin.com/showcase/101861071/feed/posts/
In the latest episode in our monthly podcast series, Jeremy Goodwin and Ele Lovering, were joined by special guest David Fairs, partner at LPC (and former Executive Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator) to discuss the new DB funding regime, which applies to valuations from 22 September 2024. Their discussion covers key issues related to the new DB funding regime.
In this episode of HL Pensions Newsbeat, Hogan Lovells pensions partner Claire Southern gives a recap of the last two weeks in the world of pensions, including research findings from The Pensions Regulator, The Fabian's take a stand for changes to pension tax; and the growing calls for reforms to auto-enrolment. To listen to more episode of HL Pensions NewsBeat, click here: HL Pensions NewsBeat: all episodes - Hogan Lovells Engage To listen to episodes of our other podcast series, HL PensionsPod, click here: The HL PensionsPod - Hogan Lovells Engage Follow us on LinkedIn here: https://www.linkedin.com/showcase/101861071/feed/posts/
Our Pensions in a Pod podcast series keeps you informed on topical issues within the pensions and benefits world. In latest instalment in this podcast series, Jeremy Goodwin and Charlotte Cartwright focus on trustee governance with guest speakers Nick Gannon (the Pensions Regulator) and Annabelle Hardiman (IGG).
In this episode of HL Pensions NewsBeat, Hogan Lovells pensions Partner Claire Southern gives a recap of the last two weeks in the world of pensions, including The General Election 2024; TPR's “update from the Pensions Regulator” speech; HMRC newsletter 160; PASA's guidance on data accuracy; and TPR's prosecution of a former sports centre director. To listen to more episode of HL Pensions NewsBeat, click here: HL Pensions NewsBeat: all episodes - Hogan Lovells Engage To listen to episodes of our other podcast series, HL PensionsPod, click here: The HL PensionsPod - Hogan Lovells Engage Follow us on LinkedIn here: https://www.linkedin.com/showcase/101861071/feed/posts/
In this episode of V-FM Pensions, hosts Nico and Darren chat to fellow Gooner and editor of Pensions Expert Nick Reeve. Nick joins us supping water (not Pina Colada) from a pineapple shaped glass from sunny Barbados for a great chat about pensions, journalism and, of course, value for money. It was nice to turn the tables on Nick and be asking the questions, but he did manage to ask us a few searching questions... that journo instinct never goes away... Topics discussed this week include pensions dashboards, the Pensions Regulator's Corporate plan, conflicts in professional trusteeship, the Lib Dem manifesto, and pension transfers. Another great guest, another great chat!
May 2024 – Responsible Investment Trends for Asset Owners In this podcast you will hear the key pension news from the last month summarised by Aon's Jennifer Michel and John Harney. This month Jennifer and John are joined by Eilidh Wagstaff from the Principles for Responsible Investment (PRI) and Craig Campbell from Aon's Responsible Investment Team to discuss the key developments of Responsible Investment and the practices asset owners can adopt to be ahead of peers. Further information: Read HMRC's April Newsletter: https://www.gov.uk/government/publications/pensions-schemes-newsletter-158-april-2024/newsletter-158-april-2024 Read the Pensions Regulator's latest review of climate-related disclosures: https://www.thepensionsregulator.gov.uk/en/media-hub/press-releases/2024-press-releases/review-shows-how-pension-trustees-are-addressing-climate-risks-and-opportunities Read the PRI's ‘Global responsible investment trends: Inside PRI reporting data' as mentioned in the interview: https://www.unpri.org/investment-tools/global-responsible-investment-trends-inside-pri-reporting-data/12222.article#storytext-end Read the DWP's quick start guide for pension trustees regarding the Taskforce on Social Factors as mentioned in the interview: https://www.gov.uk/government/publications/considering-social-factors-in-pension-scheme-investments-a-guide-from-the-taskforce-on-social-factors/quick-start-guide-for-pension-trustees Read the FCA's scenario analysis guide for asset managers: https://www.fca.org.uk/publication/corporate/cfrf-guide-2023-scenario-analysis-guide-asset-managers.pdf Watch the PRI's ‘A legal framework for impact': https://www.unpri.org/policy/a-legal-framework-for-impact/4519.article Listen to Aon's New Investment Insights Podcast: https://soundcloud.com/investment-insights-podcast/episode-1 Email us your topic suggestions, comments and questions to TalkToUs@aon.com
Responsible Management - University of Bradford School of Management
In this episode David discusses what it means to be an authentic leader with Ian and Banita, who share their insights on the roles and responsibilities of leaders in this regard, the relationship between responsibility and authenticity and the challenges of developing and maintaining this for leaders in organisations of all types. Ian Adams graduated from the University of Bradford's School of Management in 2002, with a Distinction in his Master's in Business Administration (MBA). This spring-boarded a broad career in communications, at the BBC, BECTA, The Pensions Regulator, and now promoting patient safety in the NHS as a Director of NHS Resolution (the legal arm of the health service). Dr. Banita Lal is an Associate Professor in Responsible Management, Director of the Masters in Management Portfolio and Programme Leader for the MSc Management programme. She gained her PhD from the Department of Information Systems, Computing and Mathematics at Brunel University, UK before moving on to work at Nottingham Trent University and the University of Bedfordshire.
In this episode of HL Pensions NewsBeat, Hogan Lovells pensions Partner Claire Southern gives a recap of the last two weeks in the world of pensions, including the consultation on general levy regulations, a case on automatic enrolment compliance, the Department of Work and Pensions' review of the Pensions Regulator, the PPF's new Trustmark accreditation, cybersecurity notifications, and a Pensions Ombudsman's case on pension transfer. To view more content from the Hogan Lovells pensions team, click here: https://www.engage.hoganlovells.com/knowledgeservices/pensions
In this episode of V-FM, Nico and Darren chat to Lou Davey from the Pensions Regulator about all things DC and value for money. Lou talks about how TPR is changing, how it is looking to drive better outcomes and its exciting agenda for reform. We also find out why Lou buys expensive trainers....
In this episode of V-FM The Pensions Podcast, Nico and Darren chat to Andrew Warwick-Thompson, formerly of the Pensions Regulator and now a professional trustee. We cover loads, including master trust authorisation, transfer scams, illiquid investments, market consolidation and the importance of ED&I in the consideration of value for money. Well worth a listen!
The Institute for Fiscal Studies (IFS) is planning a comprehensive pensions review following research which highlighted concerns about the "substantial risks" facing future generations of pensioners. Watch video - https://youtu.be/_7_cd2UWUEg Summary The Institute for Fiscal Studies (IFS) has announced plans for a comprehensive pensions review. The multi-year review will examine the effects of changing economic conditions and public policies on the future of financial security in retirement, including how these effects differ by gender, ethnicity and across the UK. The review will also consider the impact of changing demographics and longevity trends, as well as the impact on self-employed workers. Reports will be shared over the next two years, with concrete recommendations and options for reform to be presented in Summer 2025. IFS research revealed that 60% of middle-earning private sector employees who are contributing to a pension are saving less than 8% of their earnings. Additionally, nearly 90% are saving less than the 15% of earnings previously recommended by Lord Turner's Pensions Commission. The review will also consider the risk facing future generations of pensioners and the risk that too many are saving too little for retirement. The Pensions Regulator welcomed the plans for the review and will support the development of industry-led solutions to help ensure people have financial security in retirement. Here are seven ways to retire financially free: Start Saving Early: The earlier you start saving for retirement, the more time your money has to grow. You can use tax-advantaged retirement accounts/plans to maximize your savings potential. Live Below Your Means: Live a modest lifestyle and avoid overspending on unnecessary items. Create a budget and stick to it, and consider downsizing or relocating to a lower cost of living area. Invest Wisely: Invest your money wisely in a diversified portfolio of stocks, bonds, and other assets. Consider consulting with a financial advisor to help you create an investment strategy that aligns with your risk tolerance and goals. Maximize Your Income: Consider ways to increase your income, such as taking on a side job or starting a small business. Maximize your earning potential by developing new skills, pursuing advanced education, or seeking a higher-paying job. Pay Off Debt: Avoid carrying high-interest debt, such as credit card debt, into retirement. Pay off your debts as soon as possible to reduce your financial obligations and free up money for savings. Plan for Healthcare Costs: Healthcare costs can be a significant expense in retirement. Consider purchasing long-term care insurance or a supplemental health insurance policy to help cover these costs. Have a Retirement Plan: Develop a retirement plan that takes into account your goals, income, and savings. Monitor your plan regularly and make adjustments as needed to ensure that you stay on track to meet your retirement goals. Millions of people have lost faith in the complex and muddled pensions system, preferring to do their own thing by investing in things like buy-to-let property, business or trading directly on the stock market. Whilst this can work for some, ignoring the many benefits of pension investing, such as tax relief, carries risk. Need help with your money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar. 3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #housepricefall #finance #moneytraining #moneymanagement #wealth #money #buytolet #rentalproperty #pensions #IFSpensionreview #maxwell #definedcontributionpensionThis show was brought to you by Progressive Media
In this edition of the pensions podcast, we take a look at the latest legal developments.
In this episode, Mark Atkinson and Simon Evans look at the Pensions Regulator's draft Funding Code In particular, Mark and Simon will look at: Areas of the code relating to the regulations The differences that this code envisages for covenant advisors How some of the Regulator's intended purposes may impact the substance of how valuations conclude How the Regulator may act in the future To find out more about our Pensions team or this podcast, head to cms.law.
In this episode, Jeremy Goodwin, Simon Daniel and Gemma Hanley look at the Pensions Regulator's current consultation on a new funding Code of Practice for DB schemes, including what's expected of trustees when dealing with the investment aspects and whether employers will have to fund their DB schemes to a greater degree and more quickly than they do currently
March 2023 – Focusing on cyber risk In this podcast you will hear the key pension news from the last month summarised by Aon's Ricky Marsh. This month Ricky is joined by David Burwell and Vanessa Jaeger to discuss the latest developments on cyber risk, including what to expect from The Pensions Regulator's new Code of Practice and some practical options for schemes looking to assess their providers. Further information: Watch the recording of Aon's CDC webinar: [https://www.aon.com/unitedkingdom/retirement-investment/defined-contribution/collective-defined-contribution/webinar-replay-the-expansion-of-cdc] Watch the highlights from January's Economic and Market Outlook webinar: [https://players.brightcove.net/1509269527/default_default/index.html?videoId=6319344751112] Register for the 29 March Economic and Market Outlook webinar: [https://contact.aon.com/AONS_ECONOMIC__MARKET_OUTLOOK_WEBINAR_INV]
Nico and Darren talk to Amanda Latham who used to work at the Pensions Regulator and now works on strategy at the consultancy Barnett Waddingham. A wide ranging chat including talking about how Amanda got into pensions, the use of offsets, and an idea to set up a new national pensions service to provide more support and help to people in managing their retirement, delivering more value for money to more people.
Podcast: The gilt market “doom cycle” that briefly seemed to threaten the existence of UK pensions may not have been as bad as the apocalyptic media coverage made out, and there is no need for the Pensions Regulator to take a greater role regulating liability-driven investments. Dalriada Trustees director David Fogarty is joined by Sam Roberts, director of investment consulting at Cartwright, to discuss what caused the crisis, what was done to stall it, and what the future holds. Hosted on Acast. See acast.com/privacy for more information.
Welcome to the first in a three-part special edition series of our Barker's Dozen podcasts, focussing on diversity, equity and inclusion (DE&I) in pensions. For these Barker's Dozen episodes, we'll be stretching slightly over our usual 13 minutes to do our topics and guest speakers justice. In this first episode, Emma King and Charlotte Cartwright are joined by David Fairs, Executive Director of the Pensions Regulator, to discuss the Pensions Regulator's new DE&I action plan published recently, TPR's expectations on trustees in this area, and practical tips for trustees on DE&I.
Bruce Kasman, JPMorgan Chief Economist and Head of Global Economic Research calls it “appropriate” for the Federal Reserve to target a softening of the US labor market. Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says it's time to pivot to small caps. Nadia Calvino, Spanish Economy Minister, says the Spanish economy continues to grow quite strongly. Chloe Smith, UK Secretary of State Work and Pensions, says the UK government is in talks with the Pensions Regulator. Dan Skelly, Morgan Stanley Wealth Management Head of Market Research and Strategy, says he is watching earnings, PMIs, and jobs data to decide when to increase equity exposure again. See omnystudio.com/listener for privacy information.
Podcast: The consultation into the defined benefit funding code by the Department for Work and Pensions hints at a prescriptive regime to come, but the Pensions Regulator must improve on its “rubbish” code of practice draft, according to Zedra client director Richard Butcher. He and Hymans Robertson partner Laura McLaren discuss the next steps, stronger nudge concerns, and assess the health of pensions post-Maxwell. See acast.com/privacy for privacy and opt-out information.
In our latest pensions podcast, Emma King, Claire Carroll and Jen Miles discuss the dreaded section 72 notice: the Pensions Regulator's powers, steps to take when a section 72 notice lands, and how technology can streamline the process.
Find out more on our website: https://bit.ly/3PAIikb In this webinar, Dr Con Keating will cover his paper, examining the legal position of common elements of liability driven investment (LDI) for DB pension schemes. It concludes that there are significant risks, that their actions will be deemed ‘ultra vires', for trustees and LDI investment managers arising from the use of borrowing, the use of derivatives, and the purchase of conventional and index linked gilts as ‘hedge' instruments. It appears that the Pensions Regulator has failed to enforce the law, in breach of their statutory duty. The returns to LDI strategies are directly related to the performance of gilts and have historically generated positive returns with the secular decline in yields. However, with rates now rising, the losses which follow are likely now to attract the attention of scheme members and their sponsors, and most importantly their lawyers, Messrs Sue, Grabbit and Runne. Speaker: In the seven years since retiring, Dr Con Keating has restricted his advisory activities to projects for friends, former colleagues, and old clients. He remains active in a number of pro bono roles, including chairing the Bond Commission of the European Federation of Financial Analysts Societies. For the past five years, with Professor Iain Clacher, he has been researching the design and operation of collective defined benefit pensions schemes. He has taught courses as a visitor, at undergraduate and post graduate levels, at universities in the UK, US, Asia and Europe, and continues to supervise two doctoral candidates. The subjects taught and researched have included international and development finance, financial economics, mathematical finance and actuarial science, risk management and pensions design and modelling.
The Institute for Government was delighted to welcome Sir David Norgrove, Chair of the UK Statistics Authority. Sir David's term as chair of the Statistics Authority, which oversees the UK's statistical system (including the Office for National Statistics, the Office for Statistics Regulation, and the Government Statistical Service), has taken in a Census, the coronavirus pandemic, technological progress and other developments in how data and statistics are used in decision making. As his term comes to an end, he reflected on his experiences in conversation with Gavin Freeguard, Associate at the Institute for Government. #IfGNorgrove Sir David Norgrove is Chair of the UK Statistics Authority. Sir David began his career as an economist at the Treasury and worked in a Chicago bank before becoming Private Secretary to the then Prime Minister, Margaret Thatcher. He spent 16 years with Marks & Spencer between 1988 and 2004 and became a member of the Board there. Since leaving M&S he has chaired the Low Pay Commission, the Pensions Regulator and a Government review of the family justice system. Sir David was knighted in the 2016 New Year Honours for services to the low paid and to family justice.
In this podcast Jonathan Hazlett (Partner and Head of Pensions at Osborne Clarke), talks to Tobias Hole (Associate Director), about the new powers given to the Pensions Regulator last October and the introduction of a new requirement for employers to provide trustees and the Pensions Regulator with early notice of certain changes. They also look at some of the actions trustees and employers should consider taking. The next podcast in the series (on getting ready for pensions dashboards) will follow shortly.
In our latest podcast on diversity in pensions, David Fairs, Executive Director for Regulatory Policy, Analysis and Advice at The Pensions Regulator discusses the Pension Regulator's Equality, Diversity and Inclusion Strategy with Pensions Partner and Head of Employment, Pensions and Incentives, Samantha Brown. During the conversation, David shares: • steps the Regulator expects trustees to be taking to promote greater diversity on their boards; • what actions the Regulator will take if schemes don't take these actions; • steps the Regulator is taking to promote greater diversity and inclusion internally; and • what success would look like in terms of achieving greater diversity and inclusion both within TPR and within the pensions industry. To receive future podcasts in this series direct to your inbox subscribe to our UK pensions blog. www.hsfnotes.com/pensions/subscribe/ To view our other pensions podcasts, including the other podcasts in this series, click here: www.hsfnotes.com/pensions/?m=podcasts
In this episode, Beth talks about the Pensions Regulator's guidance for trustees and sponsoring employers considering transacting with a defined benefit superfund.
In this latest podcast in our Pension Schemes Act 2021 Soundbite series, Senior Associate, Philip Lis from our restructuring and insolvency team, joins Professional Support Consultant, Tim Smith, to discuss the impact the new pensions criminal offences and regulatory sanctions are having on corporate restructuring and insolvencies where a company or group has a defined benefit (DB) pension fund. In particular, Philip shares his views on: • how the new offences and regulatory sanctions and the Pensions Regulator's guidance are likely to impact the approach to restructuring and insolvency processes • what practical steps stakeholders can take to mitigate the risks associated with these new sanctions; and • how these sanctions interact with directors' general legal duties. For more analysis on how these new offences and regulatory sanctions may impact corporate activity check out: • Our recent blog - New pensions criminal offences and regulatory sanctions now in force https://hsfnotes.com/pensions/2021/10/01/new-pensions-criminal-offences-and-regulatory-sanctions-now-in-force/ • Our UK Pensions Regulation https://www.herbertsmithfreehills.com/latest-thinking/hubs/uk-pension-regulation
As we enter dividend season Pensions Partner, Rachel Pinto, joins Professional Support Consultant, Tim Smith, to discuss how directors should approach decisions over the payment of dividends in light of the new pensions criminal offences and regulatory sanctions. In particular, Rachel shares her views on: • what directors need to be aware of in terms of the Pensions Regulator's new powers this dividend season • how this changes the way directors of companies and groups with DB schemes should approach decisions regarding the payment of dividends, and • other circumstances in which directors need to be alive to these new offences and regulatory sanctions. For more analysis on how these new offences and regulatory sanctions may impact corporate activity check out: • our recent blog - New pensions criminal offences and regulatory sanctions now in force (https://hsfnotes.com/pensions/2021/10/01/new-pensions-criminal-offences-and-regulatory-sanctions-now-in-force/) • our UK pensions regulatory hub (https://www.herbertsmithfreehills.com/latest-thinking/hubs/uk-pension-regulation).
The third podcast in the series focuses on the obligations on trustees in relation to investment monitoring and stewardship and considers whether current market practices are aligned with the Regulator's new expectations.
The second podcast in the series highlights the Regulator's expectations on trustees when it comes to investment governance, investment decision making and some of the new requirements for documentation, training and advice.
The first podcast in the series looks at the background to the Single Code of Practice and the new obligations on trustees in relation to climate change and the sorts of steps trustees might wish to consider.
Official statistics and evidence have been central in ensuring that the government has the best possible data, not just on infections and deaths, but on social behaviour, the impact on the economy, etc. As chair of the UK Statistics Authority, Sir David Norgrove is responsible for safeguarding the production and publication of official statistics: he will discuss how data and statistics evolved during the pandemic, and the strengths and weaknesses of the way Government handled the data.Sir David Norgrove is a businessman and government official, who has been chair of the UK Statistics Authority since 2017. The UK Statistics Authority is an independent body which oversees the Office for National Statistics, the Office for Statistics Regulation, and the Government Statistical Service. He was previously the first chairman of The Pensions Regulator, and then chair of the Low Pay Commission. ACCOMPANYING SLIDES
Podcast: The government mandating default funds be aligned with ‘net zero' would be a way around concerns about fiduciary responsibility, but there are questions about what this would mean in practice. Stuart O'Brien, partner at Sackers, and Gareth Stears, pensions technical consultant at Aries Insight, discuss environmental, social and governance issues, social housing, and the Pensions Regulator's controversial criminal powers. See acast.com/privacy for privacy and opt-out information.
October 2021 – Focusing on the Pensions Consumer Journey In this podcast you will hear the key pension news from the last month summarised by Aon's Ricky Marsh. This month Ricky is joined by Aon's John Foster and Anne Oliver to discuss the DC Pensions Consumer Journey, following up from their work on Aon's response to a joint call for input from The Pensions Regulator and the FCA. They also discuss wider trends in pensions communications. Further information: Participate in Aon's latest DC Survey: [https://sg.aon.nl/s3/DC-survey-2021]
In this episode, Beth Brown talks about the draft Regulations currently being consulted on which will change the regime for notifications that employers to defined benefit schemes need to make to the Pensions Regulator.
Podcast: The negative reaction of the industry to the Pensions Regulator's new code of practice shows what can happen if consultations are handled poorly, says Tim Middleton, director of policy and external affairs at the Pensions Management Institute. He is joined by Steven Taylor, partner at LCP, to discuss consultations, collective defined contribution schemes, and flexibility within the defined benefit universe. See acast.com/privacy for privacy and opt-out information.
Catch our live Ask The Expert Q&A session with Glenn Collins to learn how to log government grants or schemes in your accounts. Glenn Collins FCCA is Head of Technical Advisory and Policy at ACCA. He is responsible for advice and support to ACCA members on a range of issues, including audit, financial reporting, business and credit advice, taxation, company and business law, ethics, export and access to finance. A Fellow of ACCA, Glenn Collins spent 16 years in public practice, specialising in audit and business advice, before joining ACCA where he has worked for over 20 years.Alongside providing advice to finance professionals, Glenn Collins also liaises closely with UK government departments, Her Majesty's Revenue & Customs, BEIS, Department for International trade and also agencies like the Charity Commission and Pensions Regulator. He also leads ACCA's support for small and medium practitioners and is a member of numerous small business, tax and charity groups. Our fully interactive Q&A sessions are hosted by a different business expert every day. Pick up valuable tips and advice and discover practical positive steps you can take in the months ahead. You ask all the questions — add yours in the comments section of YouTube or Facebook or use the #QBATE hashtag on Twitter. #QuickBooks The world's largest workforce works for themselves. We work for them by providing smarter business tools. QuickBooks is always backing you. https://quickbooks.intuit.com/uk/ Subscribe to our YouTube channel: https://bit.ly/2ycNB3g Follow us on Facebook: https://www.facebook.com/QuickBooksUK/ Follow us on Twitter: https://twitter.com/QuickBooksUK Follow us on Instagram: https://www.instagram.com/quickbooksuk/
Podcast: UK pension schemes are too often under-allocated to China and missing out on the significant opportunities presented by its continued growth and development. There are, however, lingering environmental, social and governance concerns around investing in the “nominally communist” state, says RisCura investment consultant Lars Hagenbuch. He is joined by SEI Investments director Cyprian Njamma in an episode also covering Covid-19 mortality data and the Pensions Regulator’s proposed asset information reform. See acast.com/privacy for privacy and opt-out information.
Catch our live Ask The Expert Q&A session with Glenn Collins to get advice on how to minimise your finance worries. Glenn Collins FCCA is Head of Technical Advisory and Policy at ACCA. He is responsible for advice and support to ACCA members on a range of issues, including audit, financial reporting, business and credit advice, taxation, company and business law, ethics, export and access to finance. A Fellow of ACCA, Glenn Collins spent 16 years in public practice, specialising in audit and business advice, before joining ACCA where he has worked for over 20 years.Alongside providing advice to finance professionals, Glenn Collins also liaises closely with UK government departments, Her Majesty's Revenue & Customs, BEIS, Department for International trade and also agencies like the Charity Commission and Pensions Regulator. He also leads ACCA's support for small and medium practitioners and is a member of numerous small business, tax and charity groups. Our fully interactive Q&A sessions are hosted by a different business expert every day. Pick up valuable tips and advice and discover practical positive steps you can take in the months ahead. You ask all the questions — add yours in the comments section of YouTube or Facebook or use the #QBATE hashtag on Twitter. #QuickBooks The world's largest workforce works for themselves. We work for them by providing smarter business tools. QuickBooks is always backing you. https://quickbooks.intuit.com/uk/ Subscribe to our YouTube channel: https://bit.ly/2ycNB3g Follow us on Facebook: https://www.facebook.com/QuickBooksUK/ Follow us on Twitter: https://twitter.com/QuickBooksUK Follow us on Instagram: https://www.instagram.com/quickbooksuk/
In this episode, Beth Brown talks about the Pensions Regulator's draft policy on its approach to the investigation and prosecution of the avoidance of the s75 debt and conduct risking accrued scheme benefits criminal offences.
Pensions unscripted: in this 13 minute podcast, François Barker is joined by Stuart Earle and Vanessa Wells to discuss the Pensions Regulator's vision for its proposed super-code of practice, consolidating all its codes into one 149-page composite document.
April 2021 – Focusing on TPR’s new consolidated Code of Practice In this podcast you will hear the key pension news from the last month summarised by Aon’s Ricky Marsh. This month Ricky is joined by Aon’s Susan Hoare and Sarah Butlin to discuss The Pensions Regulator’s long-awaited consultation on bringing ten of its existing Codes of Practice together into a new consolidated Code
In The Month In Pensions for March 2021, Ian Chapman-Curry looks at the wave of consultations that have been released by government departments and The Pensions Regulator. In this month's interview, Liz Wood explains the impact that the Pension Schemes Act 2021 will have on employers that sponsor defined benefit pension schemes. We also look over some of the other developments that have made the headlines in the world of pensions in March 2021, including: TPR launches consultation on draft single code of practice - Click here for TPR's ‘New code of practice consultation’ (17 March 2021). DWP consults on information gathering powers - Click here for the DWP's consultation ‘Strengthening The Pension Regulator’s Powers: Contribution Notice and Information Gathering Powers Regulations 2021’ (18 March 2021). TPR consults on employer resources test regulations - Click here for the DWP’s consultation ‘Strengthening The Pension Regulator’s Powers: Contribution Notice and Information Gathering Powers Regulations 2021’ (18 March 2021). DWP consults on diversification of DC investment portfolios - Click here for DWP’s consultation ‘Incorporating performance fees within the charge cap’ (18 March 2021). TPR issues its revised 15 year strategy for the future - Click here for TPR’s strategy paper ‘TPR Strategy: Pensions of the future’ (10 March 2021). No surprises for pensions in the March Budget statement - Click here for HM Treasury’s Budget 2021 documents webpage. Then we take a quick look at what is coming down the tracks for pensions in April 2021. NOT LEGAL ADVICE Information made available as part of this update or on our website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Many of us are trying to consume less, eat less meat, recycle, limit the number of flights we take to have a positive impact on the environment. However it is estimated that of the “£3 trillion invested in UK pensions, a lot of it funds harmful industries like fossil fuels, tobacco, and arms”, according to Make My Money Matter. With workplace pensions, it's sometimes hard to know where your money is being invested which could be conflicting with your personal beliefs, but there is huge potential for this money to be used for positive change. Joining me today is Georgia Stewart, the co-founder of Tumelo, an impact-focused financial technology firm. Her mission is to enable investors and pension members to benefit from a more sustainable investment system, giving a voice to shareholders and full transparency as to where their money is being invested. We look at how you can make sustainable choices with your investments and how to get started investing in companies and causes you care about. *Remember: the value of investments can go down as well as up so you may get back less than you invest. Always do your own research - and note that what we discussed in the podcast is not a personal recommendation for any particular investment.*You can follow and connect with Georgia at:Tumelo: https://www.tumelo.com/ Twitter: https://twitter.com/tumelohq Georgia shared some great resources in this episode. All the links are below:Make My Money Matter by Richard Curtis: https://makemymoneymatter.co.uk/The Positive Change Fund by Baillie Gifford: https://www.bailliegifford.com/en/uk/individual-investors/funds/positive-change-fund/The Big Exchange: https://www.bigexchange.com/The Pensions Regulator: https://www.thepensionsregulator.gov.uk/enThe Investment Association: https://www.theia.org/You can learn more about Vestpod and subscribe to our newsletter here: https://www.vestpod.com. You can follow us on Instagram @vestpod and join our Facebook group. My book is available to purchase from Amazon and your favourite bookshop.* Please note that we are not certified financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.* See acast.com/privacy for privacy and opt-out information.