Tag: The Pensions Regulator
Hymans Robertson – Webinar: The impact of TPR’s 2021 Annual Funding Statement
Overview The Pensions Regulator (TPR) recently published its 2021 Annual Funding Statement. This year, the themes are largely in line with recent guidance published by the Regulator, reinforcing the message that focus should remain on long-term planning and risk management. However, with the fallout from the COVID-19 pandemic likely to continue for some time, it’s no surprise that sponsor covenant and affordability have been given
Hymans Robertson – Webinar: TPR’s Annual Funding Statement 2020
On 30 April, The Pensions Regulator (TPR) published their 2020 Annual Funding Statement for trustees and sponsors of defined benefit pension schemes. Register for our webinar on 18 May where our experts, alongside David Fairs from TPR, will share the key messages from the Statement and what this means for your scheme. This will be followed by a Q&A session. This year’s Statement
New plans to protect pension savers
TPR publishes response to Future of Trusteeship and Governance consultation Date: Monday 10 February 2020 NEW measures have been announced by The Pensions Regulator to protect savers and improve member outcomes by ensuring they are in well run schemes able to deliver good value. The action comes as TPR publishes its response (click here) to its consultation on the future
Lay trustees still have a role to play in scheme governance
Written by Johnathan Stapleton – Editor, Professional Pensions The Pensions Regulator’s consultation on scheme governance ups the watchdog’s long-running campaign to improve the standards of trusteeship. But, this time, it seems to be taking an incredibly tough line, particularly on small schemes. As TPR executive director David Fairs explains on page 20: “Many smaller schemes are simply not good enough…
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
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
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
Press Release: AMNT congratulates Pensions Minister for questioning why asset owners cannot have control of the vote in pooled fund arrangements
Responding to Pensions Minister Guy Opperman’s speech at the TUC Pensions Conference today, the Association of Member Nominated Trustees (AMNT) congratulates the Minister for raising the issue of why asset owners do not have control over their shareholder votes when they invest in pooled funds. Janice Turner, founding co-chair of Association of Member Nominated Trustees (AMNT), said: “We strongly welcome
River and Mercantile Small Schemes – Consolidation: Breaking the Enigma
The only event solely focused on smaller pension schemes. Join us for an insightful look at consolidation, current solutions and alternatives available to smaller schemes. Confirmed speakers include The Pensions Regulator (TPR) and the PLSA. This half day event is free to attend and will be relevant for your TKU requirements and will also qualify for professional CPD. Registration and
Press release – AMNT/UKSIF initative on investment consultants
UK investment consultants publicly back UK Pensions Regulator guidance to consider environmental and social issues • Twelve influential advisory firms back key guidance on Regulator’s expectation that pension funds will consider environmental, social and governance (ESG) factors in investment decision making • Increased consideration of ESG issues by trustees through a robust advisory framework will add value to investment portfolios