Tag Archives: Pension Protection Fund

A democratic way to improve DC investment.


The responsibility for improving DC governance falls on all of us Continue reading

Posted in advice gap, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , | 5 Comments

Bill – get some DC resource into the Regulator now!


Bill, t tPR need a gong-worthy head of DC asap. Continue reading

Posted in actuaries, auto-enrolment, dc pensions, de-risking, defined aspiration, NEST, pensions, Retirement | Tagged , , , , , , , | 12 Comments

Pensions personality – the oxymoron is back!


After a year off, Prof Pens have relaunched their pension personality award and the long list is out. I’m a great fan of this award because it gives people a chance to have a little fun , big up their … Continue reading

Posted in pensions, Personality | Tagged , , , , , , , | 5 Comments

A defined ambition scheme that would work


Members want two things from their pensions, a decent retirement when they knock off work and certainty that they’ll get it during their working lives. It is extremely expensive to achieve these things and beyond the means of most people. If … Continue reading

Posted in actuaries, annuity, David Pitt-Watson, dc pensions, de-risking, Management, napf, NEST, pensions, Popcorn Pensions | Tagged , , , , , , , | 5 Comments

Why we mustn’t let the Royal Mail “pension solution” become a precedent


In Pension Age’s May edition, Paddy Briggs argued that the member’s best interests were not being served by the Government’s “sequestration” of the assets of the Royal Mail’s pension fund. Roger Turner produced a cogent riposte in your July/August issue … Continue reading

Posted in Fiduciary Management, Financial Education, Management, pensions, Public sector pensions, Royal Mail | Tagged , , , , , , , | 2 Comments

Sponsor affordability and the use of security


This is an excellent article from my friend Simon Kew who trades as the Pensions Jackal on twitter. The subject may seem obscure but it isn’t – if you are in a Defined Benefit Pension Scheme you should know about … Continue reading

Posted in de-risking, defined aspiration, Financial Education, Pension Rocks III, pensions | Tagged , , , , , , , | Leave a comment

Pension Corporation points the way to “ambitious pensions”


A timely report arrived yesterday from the Pension Corporation estimating that the cost of replacing a standard DB benefit structure using DC had risen to 55% of salary. PIC’s business model is based on managing out DB plans on a … Continue reading

Posted in annuity, auto-enrolment, dc pensions, de-risking, defined aspiration, Jersey, pensions, Public sector pensions, Retirement | Tagged , , , , , , , | 21 Comments

How to get the pension you’ve earned


In response to some earlier blogs, Alan Higham has made this comment on a Pension Play Pen discussion thread. Alan regularly features in my thinking as does Andy Young (of the “Young report” below). Both are actuaries who have translated … Continue reading

Posted in dc pensions, de-risking, defined aspiration, Retirement | Tagged , , , , , , , , , , | 4 Comments

Define your aspiration.


Last week, the brotherhood  of DB and DC pensions got a little sister when Steve Webb introduced the prospect of DA to the family. There is nothing new about the search for a third way, indeed it is the pensions equivalent of the … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, defined aspiration, EU Solvency II, NEST | Tagged , , , , , , , , | 12 Comments

Aspirational pensions – popcorn pensions!!


There are going to be a lot of objections to aspirational pensions over the weeks and months to come, but for me they are popcorn pensions – delicious, affordable and while they may not be the haute cuisine of the guaranteed Final Salary plans pragmatic.

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Posted in annuity, auto-enrolment, dc pensions, de-risking, EU Solvency II, happiness, Henry Tapper blog, Management, pension playpen, pensions, Popcorn Pensions, Public sector pensions, Retirement, Treasury | Tagged , , , , , , , | 15 Comments