Page 22 - Pensions Buzz News Today

Many in the industry feel the triennial valuation model could be redesigned to both reduce pressure on trustees and spread out workloads to allow for better member outcomes, PP finds.

In this week's Pensions Buzz, your peers want to know if you think the triennial valuation model for defined benefit schemes should be replaced by a full valuation every five years and more robust annual updates.

In this week's Pensions Buzz we want to know if you believe that it has become more difficult to justify investment in emerging markets.

While a majority of schemes are continuing to update their member-nominated trustee (MNT) arrangements, many are concerned the role is steadily becoming redundant despite The Pensions Regulator’s (TPR) assertions otherwise.

The pressure on defined contribution (DC) schemes to consolidate is “too much” and risks losing the saver as the central focus in pensions, PP poll pundits say.

In this week's Pensions Buzz we want to know what you think the Small Pots Co-ordination Group should prioritise.

In this week's Pensions Buzz, we want to know if you think there has been satisfactory guidance yet to fully equip your scheme(s) to manage its GMP challenges.

While trustees are split on whether compulsory knowledge should include a full regulatory understanding of the process of a pension transfer, many agree it could help better protect vulnerable savers.

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money, says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme...

The Pensions Dashboards Programme (PDP)’s update outlining its breakdown of what will take place in the next six months of development is unlikely to be feasible, PP readers say.