From thought leadership to technical pieces, knowledge hub keeps our members and pensions professionals up to date with the recent developments in the industry.
Is the balance of power over scheme investment changing?
Trustees control investment strategy. That has always been a key factor in trustee-employer negotiations. Whilst trustees have to consult the employer about the contents of the Statement of Investment Principles (SIP), they do not have to agree investment matters with the employer. In fact, legislation currently states that investment powers cannot be restricted by requiring employer consent. But is that all about to change?
Pension Scheme Reporting in the context of COVID-19
ICAS, ICAEW and PRAG have published new joint guidance on pension scheme reports and financial statements, and related matters in the context of the COVID-19 pandemic.
The COVID-19 driven crash across return-seeking assets and subsequent bounce (at least at the time of writing), have provided a serious test of pension schemes’ investment strategies. The investment performance across Defined Benefit (DB) schemes has been mixed. As with any crisis – albeit we may still be in the early stages of this one – we can take away some useful lessons.
Ok, so that’s stretching it a bit, but I did decide that I wanted to become a lawyer when I was still at school, albeit largely based on the 80s classic LA Law.
Is the balance of power over scheme investment changing?
Trustees control investment strategy. That has always been a key factor in trustee-employer negotiations. Whilst trustees have to consult the employer about the contents of the Statement of Investment Principles (SIP), they do not have to agree investment matters with the employer. In fact, legislation currently states that investment powers cannot be restricted by requiring employer consent. But is that all about to change?
Pension Scheme Reporting in the context of COVID-19
ICAS, ICAEW and PRAG have published new joint guidance on pension scheme reports and financial statements, and related matters in the context of the COVID-19 pandemic.
The COVID-19 driven crash across return-seeking assets and subsequent bounce (at least at the time of writing), have provided a serious test of pension schemes’ investment strategies. The investment performance across Defined Benefit (DB) schemes has been mixed. As with any crisis – albeit we may still be in the early stages of this one – we can take away some useful lessons.
Ok, so that’s stretching it a bit, but I did decide that I wanted to become a lawyer when I was still at school, albeit largely based on the 80s classic LA Law.
