Monthly Archives: August 2012
“The Employer’s Duty”
We talk blithely of the employer’s duties as if these obligations were pre-ordained. Economic Liberals may ask how we got to a world in which the Pension Regulator can issue a document entitled “Employer Duties and defining the workforce – an … Continue reading
I’m so bored with the U-S-A!
There’s nothing like a bad loser – this from the guys who gave us the Atlanta and Los Angeles fiascos! LONDON — Be careful if you run into Brits for the next little while: They’re under a spell. Specifically, they … Continue reading
Does your pension scheme need advice?
WARNING- THIS BLOG CONTAINS A SHAMELESS PLUG FOR OUR SERVICES! (transparent as always!) I’m travelling up to Nottingham this morning to talk to Employers and Trustees who are asking themselves “Does our pension scheme need advisers”. Meeting similar groups recently, the answers I’m … Continue reading
Is honesty contagious? More on pension charges.
I’ve just read an excellent blog by Alastair Conway of Cofunds published on FT Advisor. It deals with the issues IFAs are facing as they enter the new world formed by the Retail Distribution Review and focusses on the adoption … Continue reading
An amnesty on pension charges is not the answer!
It seem that Aviva are to review the legacy charges on pension charges. Tom Mcphail is calling for a general amnesty on charges that hints that there is currently a “charges war”. There isn’t a charges war Tom, if there was … Continue reading
Bolt live – a night with genius
Of all the very wonderful things about my Olympics, last night’s experience watching Usain Bolt and his colleagues clean up in the 200m sprint ranks highest. Not that the performances of the other five medallists on the night were not … Continue reading
Too important to hide;- why the Government has to investigate pension default charges
LCP, the pensions consultancy, yesterday published its first DC Fees Survey and very good it is too. It confirms what we knew, that the investment fees and charges for some DC funds are not transparent, that they can be as much as 100% … Continue reading
DC road testing – August Play Pen Pension lunch
It’s come to a pretty pass when a man can walk into a room full of pensions people , ask a question and not get an answer for the fear of the advisers. When our good colleague , a company secretary … Continue reading
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
The incredible day
Everyone in Britain yesterday today will have been touched in some way by the Olympics. Like the opening ceremony, the events that unfurled last night in the Olympic Stadium were dream-like. Watch the action in the BBC’s brilliant video montage … Continue reading