Press release
MALLOWSTREET: 2019 general election manifestos and pensions
Written by David Weeks: Co-Chair, Association of Member Nominated Trustees: 25 November 2019 Mrs May’s snap general election campaign in 2017 unravelled rapidly after a gaffe in her manifesto over care costs for the elderly. An unwise new policy appearance derailed a broader agenda. The debacle also showed how it can become difficult to promote sensible policies in an area
22 years of pension savings gone in 24 hours
Pension Fraud can be devastating. Victims can be left facing retirement with limited income, and little or no opportunity to build their years of savings back up. Read more here
Why are we being herded into buying part of the world’s biggest polluter
Patrick Collinson- The Guardian Pension funds will be stuffed with Saudi Aramco shares after the oil giant’s floatation this weekend On Sunday, the baroque-and-bling Ritz-Carlton in Riyadh (suites a mere £6,500 a night) is expected to host the launch of the biggest privatisation in history. Aramco, the holder of Saudi Arabia’s oil reserves, is likely to come to the market with
UK minister reassures on pensions bill, challenges and chides on ESG
31 OCTOBER 2019 BY SUSANNA RUST – IPE The UK pensions minister today said the early general election does not spell the end for recently introduced workplace pensions legislation, and that pension scheme trustees have the power to change the world, and should use it. Guy Opperman made the comments in a speech delivered to delegates attending a conference held by
Pensions minister: Trustees should fire investment managers who fail to act on climate change
Written by Louise Farrand Minister “shocked” by AMNT report which found that over half of fund managers do not have climate change-related voting policy – and warns trustees to get ready to implement the recommendations of the Taskforce on Climate-related Financial Disclosures Guy Opperman MP, the Minister for Pensions and Financial Inclusion opened the Association of Member Nominated Trustees’ Autumn
Landmark Pension Schemes Bill: Jail for reckless bosses, dashboards and new type of pension given green light
• New jail term for bosses who run pensions into the ground • Legislation enabling the delivery of Pensions Dashboards • Legislation paves way for first Collective Defined Contribution pension in UK The UK’s retirement-saving revolution takes another huge step forward today as the Government brings forward its latest pensions proposals. The Bill brings in a new sentence of up
AMNT secure Guy Opperman MP as a keynote speaker on Brexit day
“AMNT looks forward to welcome our members and guests to a bang up to the minute account from the Pensions Minister as the Brexit agenda unfurls. Sign up early to secure your place at what is set to be this autumn’s “must attend” pensions event.” – David Weeks, Co-Chair AMNT On 31st October 2019, the AMNT is holding an exciting
New annual survey to reveal pension trustees’ biggest challenges
mallowstreet, together with the Pensions and Lifetime Savings Association, the Pensions Management Institute and the Association for Member Nominated Trustees, is launching an annual survey to take the pulse of the nation’s pension trustees. The trustee landscape is changing; from freedom and choice to climate change and technology, there is a growing range of things trustees need to keep on top of. This complexity is
Shadow Pensions Minister, Jack Dromey supports the role of member representatives on pension schemes as TPR pushes for professionalising the trustee role
Labour MP champions the role of member representatives on pension boards as the regulator increases efforts to get more professional trustees on boards Dromey reaffirms last year’s statement that Labour wants to move from at least a third member-nominated trustees on pension fund boards to a 50/50 split Labour MP wants to see the establishment of a “fiduciary college” within
AMNT identifies poor transparency in its review of fund manager voting policies and practices as part of complaint to FCA
Pensions Minister slams fund managers’ failure to act on climate change and gender Findings highlight a market failure and insufficient transparency which hinders consumer choice Requests the FCA to further investigate and propose remedies to enable pension scheme trustees to develop their own voting policies As part of a formal complaint to the Financial Conduct Authority (FCA), the Association of