What we think

Amongst the many publications available online and in print in the pensions world, there are few with a truly corporate emphasis. bac produces 3 regular publications and a weekly news summary, with the aim of bringing a distinctive corporate perspective to the discussion.

Pensions Arena is a quarterly publication designed for finance directors, HR directors and pensions managers. Its compact format pulls together recent news and regulatory information and provides a pensions almanac to help keep you on the front foot in your pensions planning. Arena also contains all the key financial and investment analysis for the previous calendar quarter, presented in the bac dashboard.

Pensions Perspective is published approximately monthly and gives an in-depth, personal view on a topical issue from one of our senior team.

BAC Briefings provide a short technical summary of a single topic.

Pensions news is a weekly summary of those pensions news items that are particularly relevant to the corporate reader.

News

8 November 2019

In the news this week, the Regulator confirms there are 37 authorised master trusts, the DWP consults on simpler annual benefit statements for DC arrangements, the ACA urges tax simplification and university staff are set to strike again.

News

1 November 2019

In the news this week, HMRC aims to provide GMP equalisation tax guidance in December, the CMI publishes the latest quarterly mortality figures and the Pension Schemes Bill is dead in the water.

Arena

Pensions Arena October 2019

Despite the very different circumstances facing individual companies, bac‘s autumn 2019 survey reveals a surprisingly consistent picture of the actions which companies are finding most attractive to manage their DB and DC pension arrangements.

Case study

DB Governance Case Studies

As DB liabilities have become legacy issues to be managed, governance has become the umbrella term for a broad range of risk management tools. In this publication, we look at the DB governance solutions we have helped our clients to implement.

Technology

A match made in heaven?

As pension trustees and sponsors get serious about good governance, a key question is whether technology can play a meaningful role or is simply an expensive addition that looks good but adds little value?

Arena

Pensions Arena July 2019

For a picture of DB governance, imagine a flourishing tree. The root system is not usually visible but it’s crucial to the health of the whole tree. In this Arena article, we aim to get to the ROOT of what makes for good governance for a DB scheme.

Perspective

Advisers: Endgame

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.

Perspective

ROOT and Branch

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.

Case study

DC Governance Case Studies

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.

Arena

Pensions Arena April 2019

Demand for UK buy-ins and buy-outs has been growing very fast. In this Arena article, we consider why bulk annuities have been so affordable and we look at how to get your scheme into the best possible shape to approach the insurance market.

Perspective

Working hand in glove

In this Pensions Perspective, Andrew Udale-Smith looks at how a growing number of companies are finding that working hand in glove with their trustees not only means a smoother valuation process but also leads to more effective funding and investment decisions.

Briefing

Beginner’s guide to DC governance

The Pensions Regulator says it will not accept two classes of scheme member – those that benefit from good governance and administration and those that do not. In this Briefing, we provide an overview of what the Regulator expects from DC scheme trustees.

Briefing

Beginner’s guide to risk registers

Both risk registers and dentists are important for managing risks, but your heart may sink when the next session is approaching! In this Briefing we look at how to ensure your risk register is a useful tool for managing risks (not a large and unwieldy tick-box exercise).

Briefing

Beginner’s guide to reviewing advisers

Whether driven by a desire for good governance, concerns about fee levels or poor quality service, carrying out a formal review of scheme advisers is becoming increasingly common. In this Briefing we set out the principles you should apply when carrying out a review.

8 November 2019

In the news this week, the Regulator confirms there are 37 authorised master trusts, the DWP consults on simpler annual benefit statements for DC arrangements, the ACA urges tax simplification and university staff are set to strike again.

1 November 2019

In the news this week, HMRC aims to provide GMP equalisation tax guidance in December, the CMI publishes the latest quarterly mortality figures and the Pension Schemes Bill is dead in the water.

Pensions Arena October 2019

Despite the very different circumstances facing individual companies, bac‘s autumn 2019 survey reveals a surprisingly consistent picture of the actions which companies are finding most attractive to manage their DB and DC pension arrangements.

DB Governance Case Studies

As DB liabilities have become legacy issues to be managed, governance has become the umbrella term for a broad range of risk management tools. In this publication, we look at the DB governance solutions we have helped our clients to implement.

Pensions Arena July 2019

For a picture of DB governance, imagine a flourishing tree. The root system is not usually visible but it’s crucial to the health of the whole tree. In this Arena article, we aim to get to the ROOT of what makes for good governance for a DB scheme.

Advisers: Endgame

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.

ROOT and Branch

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.

DC Governance Case Studies

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.

Pensions Arena April 2019

Demand for UK buy-ins and buy-outs has been growing very fast. In this Arena article, we consider why bulk annuities have been so affordable and we look at how to get your scheme into the best possible shape to approach the insurance market.

Working hand in glove

In this Pensions Perspective, Andrew Udale-Smith looks at how a growing number of companies are finding that working hand in glove with their trustees not only means a smoother valuation process but also leads to more effective funding and investment decisions.

Beginner’s guide to DC governance

The Pensions Regulator says it will not accept two classes of scheme member – those that benefit from good governance and administration and those that do not. In this Briefing, we provide an overview of what the Regulator expects from DC scheme trustees.

Beginner’s guide to risk registers

Both risk registers and dentists are important for managing risks, but your heart may sink when the next session is approaching! In this Briefing we look at how to ensure your risk register is a useful tool for managing risks (not a large and unwieldy tick-box exercise).

Beginner’s guide to reviewing advisers

Whether driven by a desire for good governance, concerns about fee levels or poor quality service, carrying out a formal review of scheme advisers is becoming increasingly common. In this Briefing we set out the principles you should apply when carrying out a review.