Tag Archives: corporate risk

The Pension Play Pen lunch gives a thumbs up for the new Annuity Framework


A victim of Osborne’s success We were a victim of George’s success on Monday (7th April) as nearly 40 of us spilled out of the gallery room and occupied most of the Counting House’s second floor! Handing over £500 in cash … Continue reading

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PQM – under new management, deserves a second chance


  News that Adrian Boulding has taken the chair at the Pension Quality Mark and that its new MD is crack Kiwi-saver Justine Tate, roused me to re-engage with a venture I had thought as much use as a chocolate … Continue reading

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Standard Life comes up trumps


Four years ago I sat in a crowded room in the DWP’s offices, to hear insurer after insurer refuse to commit to providing a service to small and medium sized companies, let alone the micro employers of which there are … Continue reading

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“Better workplace pensions – further measures for savers”


Recognise the title? It’s what the DWP chose to call their Command Paper on charges. This paper is not a justification for a charge cap, it’s a new framework for DC pension governance. It’s gone un-noticed but only one chapter … Continue reading

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We have scotch’d the snake not killed it – three years to sort out hidden charges


  We have scotch’d the snake, not kill’d it: She’ll close and be herself, whilst our poor malice Remains in danger of her former tooth. Macbeth Act 3 Scene 2   Of all the vested interest groups, the fund managers … Continue reading

Posted in advice gap, Change, dc pensions, Henry Tapper blog, napf, pensions, steve webb | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Annuity reform- payroll needs to be in the front seat!


Yesterday I wrote about the positives of the proposed abolition of compulsory annuitisation for the life insurers active in the UK pensions market. Today I want to share thoughts on payroll, who are always the last to be consulted and the … Continue reading

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Cash and Carry


  My Mum and Dad used to buy the ice-cream and cakes for the Methodist Fete at the cash and carry in Poole. They used to go down each summer in the Methodist Minibus and they would take me and … Continue reading

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Annuity – RIP


  I guess the moment I heard the news on the scrapping of compulsory annuities will stick in the memory like the moment I heard of the death of Elvis/Lennon and Princess Di. All morning we’d heard the helicopters hovering … Continue reading

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All the right funds- not necessarily in the right order (a budget prescient blog)


  I wrote this blog hours before the budget which abolished annuities. For some reason I decided this morning, to write about investment as if annuities didn’t exist. From 2015, for new pensioners- they will no longer be the default, … Continue reading

Posted in auto-enrolment, CDC, corporate governance, dc pensions, de-risking, defined aspiration, Payroll, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Why do we treat charitable pension schemes as if they were for profit?


Charities are charitable and  different - it should go without saying but it seems that many pensions people haven’t worked this out, Why are they different? Firstly they are not for profit and typically view their work as infinitely valuable in … Continue reading

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