Month: June 2019

Pensions Perspective June 2019 ROOT and Branch View pdf For a picture of bac’s approach to DB governance, imagine a flourishing tree. The root system is not usually visible but it’s crucial to the health of the whole tree, as is the environment in which the tree lives. In terms of good governance for a …

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In the news this week, a busy week for the Regulator which has published updated DC investment guidance and its annual scheme funding statistics

In the news this week, the GMP Equalisation Working Group divides in order to conquer, while the FCA worries about too many DB transfers.

In the news this week, there are more SIP changes on the horizon, the CMA’s investment proposals become law, a new version of the combating pension scams code is published, Nest decides to go tobacco-free and Arcadia achieves agreement to its CVA.

In this Pensions Perspective, Andrew Udale-Smith looks first at the different types of adviser review and when and how they might best be used. Then he focuses on how to design a smooth and efficient process for a full market tender.

In the news this week voting on the Arcadia Group CVA is delayed, Rolls Royce agrees a £4.6 billion partial buyout, whilst HMRC decides not to appeal a fixed protection case and admits problems with its state pension forecasts.

In this Pensions Perspective, Andrew Udale-Smith aims to get to the ROOT of what makes for good governance for a DB scheme. The article looks at Risk management, the two branches of Organisational and Operational governance and the use of Technology.

For both trustees and DC governance committees, it is becoming increasingly important to demonstrate a clear focus on DC governance. In this publication, we look at four different areas which our clients have prioritised.