Category Archives: corporate governance

Shopping for pensions


Internet marketing is a funny young business which looks the same as a funny old business called “shopping”. Continue reading

Posted in auto-enrolment, corporate governance, pension playpen, pensions | Tagged , , , , , , , | 1 Comment

Can social media play a part in pension scheme governance?


Are the systems used to offer participating employers a say in the running of mastertrusts or contract based workplace pensions fit for today’s purpose? Continue reading

Posted in auto-enrolment, corporate governance, dc pensions, Facebook, Linkedin, social media, twitter | Tagged , , , , , , , | 13 Comments

And why these “employer duties”?


Employers do not have fourty year business plans but employees do. We call those plans “careers”. Continue reading

Posted in auto-enrolment, corporate governance, David Pitt-Watson, dc pensions, Fiduciary Management, governance, Henry Tapper blog, pension playpen, pensions, Retirement | 5 Comments

“What’s expensive for a pension these days?”


Most UK pension people may still agree with you and see 0.9% as cheap but not me. It might have been cheap in 2000 and it certainly isn’t today! Continue reading

Posted in auto-enrolment, brand, corporate governance, customer service, David Pitt-Watson, dc pensions, fish, one pound fish, pensions, Personality, Retirement | Tagged , , , , , , , | 21 Comments

Better-buying makes auto-enrolment work


The promise of “Wealth at work” has disguised the paucity of the pension outcomes when work finishes. Continue reading

Posted in auto-enrolment, corporate governance, dc pensions, First Actuarial, Henry Tapper blog, pensions, steve webb, target date funds | Tagged , , , , , , , | 15 Comments

DC4Good; ABdc and the Pension Trust get it.


  DC just took a little step forward… Here’s AllianceBernstein‘s press release (with the flim-flam deleted and my comments in blue) AllianceBernstein has launched a range of ethical target date funds for the  UK DC market.   Good news, we all know that … Continue reading

Posted in actuaries, annuity, corporate governance, dc pensions, defined aspiration, pensions, target date funds | Tagged , , , , , , , | 3 Comments

What to do about commission


Debbie O’ Donovan who blogs as DOD has written a definitive comment on commission and the shameful shenanigans of Q4 2012 which saw advisory firms filling their boots at the expense of the members of workplace pension schemes. Many years ago … Continue reading

Posted in auto-enrolment, corporate governance, dc pensions, pensions, Retirement | 9 Comments

No win no fee – one way to clean up asset management


I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading

Posted in Bankers, Change, corporate governance, David Pitt-Watson, dc pensions, de-risking, Fred Goodwin, FSA, Management, napf, pension playpen, pensions, RBS, redington, Retirement, twitter | Tagged , , , , , , , | 1 Comment

Pension agnostic?


An ”agnostic“ is someone who knows he cannot know and so gives up trying to find out. You hear the phrase “pension agnostic” bandied around at the moment, mainly from the providers of ancillary services that help companies auto-enrol. If you key … Continue reading

Posted in pensions, dc pensions, Retirement, Fiduciary Management, pension playpen, corporate governance, defined aspiration, Consolation, Financial Education, actuaries, First Actuarial, hargreaves lansdowne | Tagged , , , , , , , | 7 Comments