Latest articles from Tom Higgins

Adaption: How schemes can tackle climate and social issues together

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As the COP26 conference draws near, the summit’s theme of ‘adaptation’ has raised questions around how schemes can align their environmental and societal commitments to protect the planet’s ecology and communities.

Keeping ahead of regulation curve vital to private market success

News on the go

On the go: Private markets offer schemes access to transactions that will facilitate the transition to a green economy, but staying ahead of the regulatory curve is vital to achieving success within the space, the Pensions and Lifetime Savings Association’s annual conference has heard. 

‘Stronger nudge’ still possible, but cost benefits need to be understood

News on the go

On the go: A stronger guidance nudge may be needed to increase the number of savers using the Pension Wise service, but it may not be enough to drive a significant uptake or deliver the right kind of engagement, the Pensions and Lifetime Savings Association’s annual conference has heard.

Most pension schemes falling short on climate commitments

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On the go: An overwhelming number of large UK pension schemes are yet to make net-zero commitments ahead of the COP26 summit, pensions campaign group Make My Money Matter has revealed.

New index fund aims to help schemes build Paris-aligned portfolios

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On the go: Willis Towers Watson has teamed up with index provider Qontigo to launch the Stoxx Willis Towers Watson Climate Transition Indices, which they say will enable investors to address climate risks in their portfolios with a forward-looking evaluation of Paris-aligned equity valuations.

DC payments steady during Covid, but statutory rise may be needed

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On the go: Most companies with defined contribution schemes did not reduce their pension contributions during the pandemic, according to the latest CBI/Mercer Pensions Survey.

BT Pension Scheme deficit falls on back of recovery plan

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On the go: The BT Pension Scheme deficit is expected to have improved by roughly £3.4bn over the year to June 2021 to around £4.6bn, due to sponsor contributions and strong returns on growth assets.

TPR may leave sponsors ‘guessing’ over potential enforcement action

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Sponsors could be “left guessing” as to whether key decisions could lead to enforcement action under new guidelines from the Pensions Regulator, LCP has warned.

Ombudsman finds NHS ‘negligent’ failings led to doctor's tax breach

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The Pensions Ombudsman has upheld a complaint against the NHS Business Services Authority and Primary Care Support England after they “negligently” failed to provide a GP with tax information and delayed the handling of his pension contributions.

Pensions Dashboards Programme seeks testing providers

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On the go: The Pensions Dashboards Programme is inviting organisations that intend to provide a pensions dashboard to help test the development of the project’s ecosystem.