All The Pensions Regulator (TPR) articles – Page 5
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News
TPR updates superfunds guidance with saver security as primary focus
When TPR published its original guidance in 2020, it committed to review the issue of profit extraction within three years.
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Analysis
Analysis: Disagreements abound over pension funds’ climate scenario models
USS wants more ‘useful’ ways of assessing climate pathways, while experts at UK pension regulator tell funds to challenge consultants on current results
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News
Mercer urges trustees not to ignore incoming DB funding code
Funding level increased from 108% to 109% and has not dipped below 105% since the start of 2023
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News
UK roundup: Small DC schemes fail to meet value expectations
Plus: Border to Coast sets up engagement programme; Risk sharing could provide an age-old solution, says Hymans Robertson; Impact Cubed launches SDG dataset
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News
TPR’s new general code to improve outcomes for members
The new code will introduce new pension scheme governance responsibilities
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News
UK pensions regulator in hot seat over lax governance of LDI
The Pensions Regulator was not able to monitor whether its LDI guidance on managing risk was being followed, Work and Pensions Select Committee finds
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News
UK’s pensions regulator to gather feedback on LDI guidance
The Regulator placed ‘huge emphasis’ on operational processes
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News
UK master trusts don’t survey members on risk appetite
‘Risk considerations are not driven by member views but by expert opinion,’ says Hymans Robertson
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News
Pensions industry calls on regulators to ‘materialise’ revised funding code
The code has introduced elements of flexibility, but uncertainty needs to be avoided
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News
PLSA pinpoints UK investment potential for pension funds
The association expects the scale and distribution of assets across the pensions sector to alter substantially over the next decade
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News
Pension professionals increasingly dissatisfied with pensions policy, says PMI
However, there is scope for improvement, according to the Institute
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Analysis
Analysis: How to navigate cyber security crisis management
More than 400 pension funds using Capita’s services should check whether their scheme’s data could be affected
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News
Value over cost, says new UK pensions regulator chief
’Our position is clear: no saver should be in a poorly performing scheme that doesn’t offer value for money,’ says Nausicaa Delfas
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News
Ignoring ESG factors is not an option for trustees, says The Pensions Regulator
There have been concerns on the implementation risks of greenwashing and the potential for ‘greenhushing’, among others
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News
Pensions regulator calls on DB trustees to brush up on employers’ financial positions
A high level of debt among businesses can risk their ability to support DB pension schemes
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News
The Pensions Regulator pushes trustees on long-term funding targets
TPR’s Annual Funding Statement explains how pension funds will need to reset funding and investment strategies
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News
UK’s pensions regulator, FCA set out new LDI guidance
Trustees must understand investment strategy risks, and only use leveraged LDI if appropriate, says TPR
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News
UK government pushes for wider CDC schemes as regulator approves Royal Mail as first
Aon calls for regulations to be in place for wider forms of CDC by the end of 2024
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Opinion Pieces
Guest viewpoint: LDI regulation should not ignore private asset solutions
In the aftermath of the liability-driven investing (LDI) crisis, The Pensions Regulator (TPR) in the UK drew up guidelines for pension funds to improve the resilience of LDI strategies. These guidelines primarily aim to support the creation of liquidity buffers so that pension funds can withstand yield shocks. To that end, the guidelines advise pension funds to conduct stress tests and identify suitable collateral with respect to both leveraged and unleveraged LDI strategies using yield-shock scenarios.
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News
Bank of England tips Pensions Regulator to keep LDI buffers wide
UK central bank advises DB pension funds keep minimum of 250 basis points buffer liquidity – but more on top of that