CONTENTS
September 2019
Editorial Amid Brexit chaos, RPI end could rock pensions The Treasury has finally signalled an end to the rules lottery on inflation protection, but its methodology could be damaging to many, writes editor Angus Peters.
News roundup All the month’s important headlines, including a potential legal challenge by public sector workers, a green light for Arcadia’s restructuring plans, and fears LEBC’s exit from the DB pensions transfer market could lead to further departures.
UCU ‘confident’ of strike over contribution rise The USS and UUK have reached a deadlock in pension negotiations, which could result in strike action, reports Victoria Tichá.
12 TPR ramps up information requests under new ethos The Pensions Regulator’s efforts to become more effective and proactive has seen a 133 per cent spike in the number of s72 requests in the past five years.
14 Schemes still lagging peers on cyber security Pension scheme trustees have been warned they must do more to protect members from the threat of cyber attacks.
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One in five ‘not bothering’ with their pensions Survey finds more than a third of savers do not know how to
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News 8
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FOR PENSION SCHEMES LOOKING
PAGES 20-25
SOLUTIONS
ALTERNATIVE ASSETS
TO ACCESS MORE
access their pension pots, with many believing that their pension contributions are a total “waste of money”.
Comment
16 Regulator still sparing AE breach employers’ blushes Tough talk from TPR on auto- enrolment breaches has translated into more action in recent years, but there are signs it is still hesitant to use the toughest sanctions in its toolbox, says Josephine Cumbo.
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PPF’s role in insolvency and restructuring events Malcolm Weir sets out the difference in roles played by the pensions lifeboat and the regulator in company insolvency and restructuring cases.
18 A successful year so far, but uncertainty remains Despite some positive developments this year, there is still a significant amount of uncertainty over what the next few months have in store for the pensions industry, writes Julian Mund.
Features
26 Investment Shell MND elections revive debate over selection panels As the Shell Contributory Pension Fund announces elections for member-nominated trustees, the process has reignited the debate over whether elections or selection processes deliver the best outcomes for members, writes JemBartholomew.
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