CFG's latest flagship publication Navigating the Pension Maze 2014 was launched today at their London Members’ meeting.

CFG’s latest flagship publication The Pension Maze series is an exciting endeavour to guide charities' financial leaders through the complex world of pensions.

Six years on from the last edition much has changed in charities’ pensions practice as the 2004 changes have fed through the system, auto-enrolment has taken its grip on employees large and small.

Coupled with the announcements made in the Chancellor's 2014 Budget and the raft of other recent pension reforms, the publication is more important than ever.

The Pension Maze explains to charities the bewildering array of complex pension issues and risk that charities face.

It also serves to highlight those critical risk issues which are of concern to the sector and have wider policy implications.

John Tranter, chair of CFG’s Pension Maze project, said: “With liabilities growing for many charities, pensions are preoccupying more and more of their resources and management time.

"One of the most significant long term risks for those responsible for a charity’s financial position is their pension scheme, not just managing legacy issues but also coping with changes in legislation.

"The Maze gives guidance to variety of pension issues that charities face. It also serves to highlight those critical risk issues which are concerning the sector and have wider policy implications.

"This publication aims to be the 'go-to guide' for finance and human resource directors, chief executives and charity trustees to ensure their charity is on track to best manage their pensions.”

Alongside our new publication CFG is taking the opportunity to highlight the key asks that they will be making on behalf of the sector in the run up to the election.

CFG's Pension Manifesto 2014 sets out clearly the issues of importance right now and offers some practical considerations and solutions for relevant parties including Government, the Pensions Regulator and others.

Caron Bradshaw, CEO of CFG, said: “Charity pensions are becoming an elephant in the room; problems growing in size and complexity but which few are equipped to face due to the enormity of the challenges.

"We’ve stepped forward to address the main issues before this pension time bomb explodes and undermines the sector’s ability to raise funds.

"We’re encouraged by the way Government and the Regulator have responded so far. This Manifesto plays a part in articulating the broad range of problems faced and what can be done about them.”

The Pension Maze publication was produced in collaboration with Foster Denovo, Premier Pensions and Spence and Partners.

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