It was announced this morning that the Pension Play Pen is to launch a DB
pension scheme open to all its members.
Chairman Henry Tapper said this morning
“We have been working on this for several months and now we have reached the critical mass of 1,000 members we can officially launch the scheme.
We are very dissapointed that the Government has chosen to leak its plans for an upgraded BSP on this very day and deplore these spoiling tactics.”
The scheme will be an unfunded, offshore, twentieths scheme with 100% early
drawdown.
All Play Pen members will be appointed MNT’s and the trustee board
will meet monthly at the Counting House.
The annual meeting to receive the financial report and accounts and to review our Alpha-seeking investment
strategies will be held at Cheltenham each March. Given the number of agenda
items this may last for four days.
Membership benefits include unlimited access to networks, fun and laughter.
Beauty parades will be held shortly for actuary, investment adviser, lawyer, and
any other specialist who thinks we need their services. (GSOH essential)
To express an interest, e-mail Henry (Chairman) or Bill (Secretary) immediately
with a detailed CV and referees.
Closing date 1st April
Henry.h.tapper@gmail.com
Bill.whitehead@pentrus.co.
Related Articles
- Hotel Demented ; The Pensioner Playpen (henrytapper.com)
- The Pension Play Pen (henrytapper.com)
- A blueprint for DC pensions (henrytapper.com)
Pingback: Clearing up a few things around pensions « Henrytapper's Blog
Pingback: General Melchett’s fancy DC defaults « Henrytapper's Blog
Pingback: “You’re on your own in retirement” claims blue-blood at Pension Play Pen lunch. « Henrytapper's Blog