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What were the most read opinion pieces on Professional Pensions over the last 12 months? We look at some of the top pieces from our commentators during the year.
1) Death by discount rate: The fundamental flaws of the accounting approach to pension scheme valuation
Controversy over the discount rate used to value defined benefit pension liabilities is nothing new but, as Tim Wilkinson and Frank Curtiss explain, the flaws may be more serious than many realise.
2) The hidden scandal of net pay and low earners
Ros Altmann calls for urgent action on 'net-pay' schemes, warning the impact on low earners will significantly worsen with contribution rates set to rise to 5%.
3) Was Port Talbot the tipping point for pension freedoms?
Henry Tapper says as the initial euphoria of 'never having to buy an annuity again' wears off, the prospect of freedoms becomes less appealing.
4) Steve Webb: Does The Pensions Regulator deserve the criticism it's getting?
The regulator has come under significant criticism in the wake of the Carillion affair. Sir Steve Webb asks if the flak it is getting is fair.
5) Pensions minister: How I'll work with industry to support consumers
Guy Opperman says we need to get people to fall in love with pensions again and give them the tools to achieve a more secure retirement.
6) What the Lloyds case means for advising DB schemes
Henry Tapper says the Lloyds GMP ruling will see little benefit for members but profound fees to administrators.
7) Government must address plight of DB sponsors following Carillion collapse
Jonathan Stapleton says government must take action to help lift the DB burden facing many UK businesses, rather than simply just blaming 'greedy' bosses and shareholders for pensions loss.
8) Was the Ombudsman wrong over landmark Northumbria Police Authority scam ruling?
Edward Brown says The Pensions Ombudsman's maladministration ruling against the Northumbria Police Authority for its handling of a transfer out of the Police Pension Scheme is an 'uncomfortable' decision.
9) Shadow minister: The white paper has been a long time coming and is a missed opportunity
Jack Dromey MP says the government had an opportunity to properly tackle the widespread problems facing DB schemes.
10) GMP ruling gives schemes clarity, cost and complexity
Jonathan Stapleton says the GMP headache may persist as schemes take action following ruling.
11) WASPI campaign continues - but to what end?
Malcolm McLean says the chances of an equitable solution for Women against State Pensions Inequality campaigners do not seem very likely now.
12) Being 'economical' with the truth with discount rates
Iain Clacher and Con Keating say there is much confusion over pension valuations and argue all the methods currently used are wrong. They say a pragmatic resolution could be to use the expected return on assets.
13) DC schemes aren't pensions
Hilary Salt says DC is merely a savings vehicle, and argues collective DC would provide a wage in retirement more efficiently.
14) BA judgment creates uncertainty over extent of trustee powers
Stephen Richards says the 'paymasters' principle is likely to be scrutinised closely in light of British Airways' landmark win in the Court of Appeal.
15) Carillion collapse highlights fragility of scheme funding
Jonathan Stapleton says in light of the construction giant's collapse, the government must urgently tackle the issue of scheme funding.
16) HMS LGPS? Our members' pensions are now an arm of UK foreign and defence policy!
Colin Meech warns the Court of Appeal's bizarre judgment could cause significant financial detriment to local government pension funds.
17) How can we make DB transfers safer?
Margaret Snowdon says there are three ways to protect members from making bad decisions.
18) Royal Mail experience shows CDC is a good news pension story
Con Keating says the Royal Mail pension story is a rare piece of pension good news. And there are a number of major listed firms watching developments in CDC closely.
19) Webb: What tax relief changes could mean for DB pensions
Any further changes to tax relief would undoubtedly add to the cost and complexity of running a DB scheme, says Steve Webb.
20) LGPS pooling is just 'the end of the beginning'
Susan Martin says local government pension funds have made great strides in collaborating but there are still challenges ahead of the April deadline.