PTL Blog

Underwhelming member engagement: Who is at fault?

Posted by Richard Butcher on May 18, 2016 10:30:00 AM

I was recently chatting to some industry people about member outcomes in pensions and, in particular, how engagement could drive up contributions to a sensible level. After a short while, inevitably, we came to the subject of engaging with members.

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Topics: dc, member engagement, communications

The new DC codes: 6 x 5 things to know, part V

Posted by Richard Butcher on May 10, 2016 8:30:00 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over six days we’ll share five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.

5 things to know about the new DC codes
No. 5 - value for members

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Topics: dc, tpr

The new DC codes: 6 x 5 things to know, part III

Posted by Richard Butcher on May 6, 2016 8:30:00 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over six days we’ll share five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.

5 things to know about the new DC codes
No. 3 – Administration

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Topics: dc

The new DC codes: 6 x 5 things to know

Posted by Richard Butcher on May 4, 2016 8:19:15 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over the next six days we’ll share five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.

5 things to know about the new DC codes
No. 1 – The trustee board 

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Topics: dc, tpr, governance

De-Coding Small Lump Sum Exercises

Posted by Alison Bostock on Mar 11, 2016 11:18:06 AM

First published in Pension Funds Online, 11 March 2016

Alison Bostock looks at the benefits of the revised Code for Incentive Exercises.

The Code of Practice on Incentive Exercises is a brilliant example of the pensions industry working together to solve a problem.

Many people felt uncomfortable with cash incentives offered to members to transfer out their DB pensions or give up their future pension increases.

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Topics: Defined Contribution, Pensions, Defined Benefit, dc, decoding, lump sum

DC Schemes risk letting down members because they are lacking strategic objectives

Posted by Richard Butcher on Jan 6, 2016 12:14:03 PM

DC pension schemes are risking letting down members because they lack a strategic objective.

To mitigate this, PTL has created a DC scheme mi

ssion statement and blueprint which defines a strategic objective and clear principles for trustees to set the standards of their DC pension scheme against.

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Topics: Defined Contribution, pension freedoms, dc, pension trustee services, independent pension trustees, independent trustee uk, independent trustee services ltd

ESG: What is it and why doesn’t it work in pension investment?

Posted by Richard Butcher on Nov 12, 2015 12:08:09 PM

Let’s start off by defining ESG (although there’s a good chance you won’t have got past the title if you didn’t know already!). ESG is the acronym for Environmental, Social and Governance.

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Topics: Defined Contribution, Pensions, Defined Benefit, dc

Value for Money

Posted by Alison Bostock on Sep 11, 2015 4:49:00 PM

First published in Pension Funds Online

Alison Bostock draws on her experiences to address the topic of Value for Money in pensions

As Independent Governance Committees and defined contribution (DC) trustees grapple with what Value for Money really means, I was reminded of a special occasion from over 20 years ago that draws similar comparisons.

My parents had organised a family dinner at a renowned Michelin-starred restaurant in Mayfair to celebrate my qualification as an actuary.

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Topics: Defined Contribution, dc, pension trustee services, independent pension trustees, independent trustee uk, independent trustee services ltd

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