News

• 8 April 2021

  TPR publishes Climate Change Strategy

  TPR published its Climate Change Strategy on 7 April 2021 which gives greater clarity to trustees for upcoming climate-change related regulations. “Climate change and global moves toward low carbon economies will have a fundamental impact on many, if not all, employers and a strong covenant and a sustainable employer are likely to go hand-in-hand. As such, […] More

• 11 March 2021

  TPR launches new consultation on criminal sanctions policy

  New guidance on how The Pensions Regulator (TPR) will use its new criminal powers to investigate and prosecute those who avoid employer debts to pension schemes or put savers’ pensions at risk has been published today (11 March 2021) for consultation. TPR has published the draft policy and a consultation on how it plans to […] More

• 27 January 2021

  Taking action on climate risk: further consultation

  Today (27 January) the Department for Work and Pensions (DWP) has published its latest consultation setting out proposals for pension schemes in terms of climate risk. This follows its consultation in August 2020. The DWP has made a number of changes to its proposals to improve the recognition, the governance, and disclosure of climate change […] More

• 22 January 2021

  Pension Protection Fund Levy Certification 2021/22 – deadline soon

  The deadline for trustees and sponsors to certify contingent assets to reduce their Pension Protection Fund (PPF) levy will soon be upon us. This includes group company guarantees (“Type A” contingent assets) and asset backed contribution (“ABC”) structures. Many will have received levy benefit from these assets in previous years but will need to re-certify […] More

• 18 January 2021

  Claire Bowyer appointed to the Cardano Group Management Board

  The Cardano Group, the pensions risk and investment management specialist, has today announced the appointment of Claire Bowyer to the Group’s Management Board effective immediately. Claire continues to be a Group Partner, a Director of Cardano UK, and the Group’s General Counsel. She will also continue to be responsible for the people leadership of Cardano […] More

• 12 January 2021

  Cardano Group hires Will Martindale as Group Head of Sustainability

  The Cardano Group, the pensions risk and investment management specialist, has appointed Will Martindale to the newly created role of Group Head of Sustainability. Will Martindale will be responsible for working across the business to accelerate the Cardano Group’s sustainability objectives. These objectives include contributing to a sustainable economy, Cardano’s pledge to reach net-zero investments […] More

• 9 December 2020

  NOW: Pensions releases new report on the underpensioned

  NOW: Pensions released a new report with The Pensions Policy Institute on 8 December, called ‘The Underpensioned report 2020’. This looks at the most financially at-risk groups in our society and importantly what can be done to make effective change. Read the full report here.   NOW: Pensions is a sister company to Lincoln Pensions […] More

• 7 December 2020

  Cardano promotes Dawn Thirley, Group HR Director, to Partner

  Cardano today announces the promotion of Dawn Thirley, Cardano’s Group HR Director, to Partner effective immediately. Dawn joined Cardano in 2019 to guide the business on all HR aspects and has over 20 years’ experience in Global HR. Before joining Cardano, Dawn held senior HR leadership roles at Old Mutual, Bank of America and Merrill […] More

• 16 November 2020

  The Pensions Regulator releases new guidance for schemes with distressed sponsors

  The Pensions Regulator (TPR) released new guidance (on Thursday 12 November) for trustees of all DB pension schemes with a focus on spotting situations where sponsors are in distress leading to potential insolvency. It includes common examples and a high-level checklist for when a sponsor is distressed.  Many employers are experiencing financial distress due to […] More

• 21 October 2020

  Superfunds: New guidance from TPR

  The Pensions Regulator has published new guidance for defined benefit pension superfunds. This new guidance is intended as a stop-gap while DWP develops its legislative framework to formally authorise and supervise superfunds. This will fire the starting gun on DB pensions consolidation at a time when, more than ever, the sustainability of DB pensions is […] More