News
The right Person
Written by Stephen Fallowell – Recently published in PensionsAge We have just undergone a General Election in which the electorate voted for their chosen candidate. The person elected, irrespective of their political persuasion, then represents all people in their constituency. Politicians come from wide range of backgrounds: educational, professional and social. We welcome this diversity as the best way of providing
More questions than answers
Written by Stephen Fallowell – Committee Member, AMNT – Written for PensionAge In the Science Fantasy satirical novel ‘The Hitch Hikers Guide to the Galaxy’ by Douglas Adams a race of super intelligent beings build a super computer called ‘Deep Thought’ to answer the ultimate question of ‘Life, The Universe and Everything’. They are shocked when the computer comes up
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
Pension trustees test UK’s revamped stewardship code
FCA questioned over whether asset managers are preventing clients from acting as corporate stewards Chris Flood – Financial Times OCTOBER 30 2019 Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.comT&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may
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
How can scenario planning help trustee boards?
Written by Sandra Wolf, Mallowstreet Trustees are increasingly being advised to learn from the army and use scenario planning to understand risk and improve their reaction in a downside event, but are they following this advice? From a sponsor event to a sudden shock to the economy, scenario analysis can help trustees prepare and keep their cool when an event does