Tag: Pensions

10
Jul

MNTs of ‘highest importance’ to pension boards – Dromey

Written by Theo Andrew – Pensions Age Labour Shadow Pension Minister, Jack Dromey, has said having a member-nominated trustee (MNT) on all pension boards is “of the highest importance”. Speaking at the Association of Member Nominated Trustees (AMNT) Summer Conference last week (5 July), Dromey said that a Labour government would push for stronger member representation, in a time of

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9
Jul

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

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9
Jul

Hymans Robertson breakfast seminar – DB scheme consolidation: one year on

Consolidation has been one of the most significant new trends to shake up the Defined Benefit (DB) industry. Despite many forms of consolidation having existed for decades, the industry-wide drive to lower costs, reduce risks and improve member security has accelerated developments and demand across a wide range of consolidation options. And this is only set to continue. Register for our

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8
Jul

PASA launches DB transfer guidance

Written by Holly Roach- Professional Pensions The Pensions Administration Standards Association (PASA) has launched guidance on defined benefit (DB) transfers to help give members better flexibility while retaining their pension benefits. The first of two parts, the Guide to Good Practice has three key aims: to improve overall member experience; to improve efficiency for administrators; and to improve communications and transparency. Speaking

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8
Jul

Labour throws weight behind MNTs

Written by Sandra Wolf- Mallowstreet Labour’s shadow pensions minister, Jack Dromey, is championing the role of member representatives on pension schemes just as the Pensions Regulator is stepping up efforts to get professional trustees on more boards.  Speaking at the AMNT’s Summer Conference on Thursday, Dromey also wants to see the establishment of a “fiduciary college” within a university to serve

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8
Jul

TPR consults on mandatory pro trustees, sole trustees and diversity

Written by Sandra Wolf- Mallowstreet Badly run schemes need to improve or consolidate, said the Pensions Regulator as it proposes to reduce the number of poorly governed pension schemes in a consultation launched today. The [Future of Trusteeship and Governance](https://www.tpr.gov.uk/en/document-library/consultations/future-of-trusteeship-and-governance-consultation) paper considers how the trustee model can be made more effective. “The trustee model isn’t broken, but it does need

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6
Jun

What do you value?

‘Price is what you pay; value is what you get’ – Warren Buffett In 2107 Lionel Messi, world footballer of the year, had a salary of $53 million; with experience an NHS nurse team leader could earn annually a maximum of £34,876. Should the excitement of the game at the Nou Camp Barcelona bring on a heart attack, who would

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2
May

Press Release: AMNT acquires accredited status for its training programme

Today the AMNT are pleased to announce that their programme has been accredited and they will now be able to issue Continuing Professional Development (CPD) certificates. To read full press release please click here