Monthly Archives: February 2013

Light in the lifestyle tunnel!

Posted on February 7, 2013 by henry tapper

The way in which your DC pot magically turns from investing in shares to investing in cash and Government bonds is called lifestyle and it involves hundreds of transactions in 60+ months before you buy your pension. All of these transactions involve … Continue reading →

Posted in actuaries, dc pensions, defined aspiration, First Actuarial, governance, Henry Tapper blog, life insurance, NEST, pensions, target date funds | Tagged , , , , , , , | 4 Comments

On a snowy night in Oldham

Posted on February 5, 2013 by henry tapper

Thoughts turn to the intrepid bunch of farmers, yokelling up to Oldham this evening to cheer on Yeovil‘s Glovers at Boundary Park. Oldham in the 5th round of the cup but without a manager and heading for the relegation zone … Continue reading →

Posted in champions league, corporate governance, Yeovil Town | Tagged , , , , , , , | 2 Comments

Playpen guru says its all our fault

Posted on February 4, 2013 by henry tapper

In an astonishing outburst at today Play Pen London lunch, pedagogue David Hargreaves bit the hand that fed and claimed that the predicament at retirement was down to the financial services industry. Hargreaves, an actuary who trades as the pension … Continue reading →

Posted in annuity, auto-enrolment, de-risking, defined aspiration, pension playpen, pensions, St Paul's | Tagged , , , , , , , | 4 Comments

Johnson v Keating ; a pensions heavyweight title fight

Posted on February 4, 2013 by henry tapper

There are two documents sitting on my desktop this morning. The first is a paper by Con Keating. Con believes that the best way of providing pensions is collectively through large organisations who are able to offer and keep future … Continue reading →

Posted in actuaries, auto-enrolment, David Pitt-Watson, dc pensions, de-risking, defined aspiration, pension playpen, pensions, Personal Accounts, Personality | Tagged , , , , , , , | 1 Comment

DC Trustees – asleep at the wheel?

Posted on February 3, 2013 by henry tapper

I was spending insomniac hours reading posts about savings on http://www.moneysavingexpert.com when I came upon a thread about the ABI 14 agreeing to disclose transactional costs from next summer. There wasn’t much on the comments board – one post stood out. … Continue reading →

Posted in actuaries, corporate governance, David Pitt-Watson, dc pensions, First Actuarial, Management, NEST, pension playpen, pensions, Personal Accounts | Tagged , , , , , , , | 4 Comments

What would you pay to get your firm a proper pension?

Posted on February 2, 2013 by henry tapper

£500? That’s what I think should be the procurement cost to get a firm through auto-enrolment staging. Which is not going to please a lot of people who still consider this pension revolution “Business as Usual” and anticipate multiples of current … Continue reading →

Posted in pensions | Tagged , , , , , , , | 7 Comments

The dam is full – manage the sluices

Posted on February 1, 2013 by henry tapper

It can’t be much fun at the ABI these days. The FSA are investigating mis-pricing of annuities, the OFT are studying the distribution insurers use for pensions and just about every consumerist from Gregg McClymont to the NAPF are calling … Continue reading →

Posted in actuaries, annuity, customer service, David Pitt-Watson, de-risking, pension playpen, pensions | Tagged , , , , , , , | 7 Comments