The view from Pensions Awareness Day

By Joe Cockerline, Professional and Financial Services Today is the UK’s annual call to pensions awareness – a rallying call to pension savers to encourage them to engage with their schemes and actively take stock of their retirement planning. The persistent issue of low engagement with pensions and generally low levels of financial capability and…

How pension schemes will need to help tackle climate change

By Gareth Jones, Associate Partner Last Wednesday, the government tabled new legislation that would require pension trustees to take climate change into account when managing their pension schemes assets and investments. This proposed legislation was inserted into the current Pension Schemes Bill (which is currently being debated in Parliament and is expected to become law later this…

What does the new normal mean for pensions and why does it matter?

By Alistair Kellie The pensions industry is still coming to terms with the social and financial impact of the coronavirus and how to manage the major challenges around business disruption, historic stock market falls, record low interest rates and market volatility. Arguably the biggest challenge, however, concerns the ongoing viability of certain companies with significant…

Where does financial services need to try harder?

A recent Financial Services Forum event posed the question, ‘where does financial services need to try harder’?  Attendees debated whether the financial services industry has managed to reach and engage Millennials (gen Y) and whether it has forgotten the over 70s. My overall sense was that that there was agreement that in recent years over-70s…

Pension Freedoms or confusion and irresponsibility?

By Shelly Durrant, Account Director I recently attended a Financial Services Forum, ‘Out with the new, in with the old: the ageing population as a driver for change’. One of the many interesting facts I learnt was that following the Government’s announced pension freedoms in the 2014 Budget, the most searched for term on the…

Newgate hosts 21st Transparency Symposium

Event round-up: Transparency Symposium, “The CMA’s Investigation into Investment Consultants and Fiduciary Managers – their Provisional Decisions on Reforms” August 2018 Newgate Communications was delighted to host the 21st Transparency Symposium, run by financial services transparency campaigner and founder of the Transparency Task Force (TTF), Andy Agathangelou. The event focused on the Competition and Market…

Defined Benefit Schemes – The Saga Continues

  The collapse of BHS has created further uncertainty in the pensions industry, as trustees of pension schemes come under even greater scrutiny from industry bodies and members calling for greater governance and better communication. We have seen how the recent Brexit vote has given defined benefit (DB) pension schemes another beating, after the stock…