Monthly Archives: July 2016
Pensions Deficits: Mark-to-market valuation is the elephant in the room
Following on from yesterday’s blog from Hilary Salt, here are some interesting thoughts from Dennis Leech, Professor Emeritus of Economics, University of Warwick You can contact Dennis directly at d.leech@warwick.ac.uk The chief economist of the Bank of England, Andy Haldane, … Continue reading
Posted in actuaries, pensions
Tagged Actuary, Deficit, Dennis Leech, elephant, Mark to Market, pensions, Warwick University
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Hilary Salt gets a touch of the William Blakes!
Arise you actuaries from your slumber (guest blog from Hilary Salt) I’ve found the last few weeks exhilarating. For the first time in perhaps 30 years, there’s been a real political debate in Britain. A debate where it clearly mattered … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Brexit, Britain, CDC, Hilary Salt, pensions, Politics
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Get off your boat, get back to the Regulator, go and write a whacking big cheque.
A paraphrase of Frank Field’s advice to (Sir) Philip Green, after the publication of a damning report into the failure of governance that Green created in his 15 years in charge of BHS. Here is his press comment “One person, … Continue reading
Posted in pensions
Tagged BIS, Business, Chappell, DWP, Frank Field, Green Shield Stamp, pension, Philip Green, ppf, TPR
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Why we need to see the workplace pension IMAs.
This article relates to US DC managers (fiduciaries). It shows just how seriously the USA is taking the obligations of fiduciaries towards members of workplace pensions. This article calls for UK fiduciaries (Trustees and IGCs) to be given the opportunity to … Continue reading
The role of the insurance market in developing Fintech
Have you thought about the risks of e-commerce? This blog talks to those interested in Fintech and in particular the promotion of the start-ups that drive innovation in financial markets. My digital start-up, Pension PlayPen is in terms of staff, … Continue reading
Posted in FinTech, Pension Freedoms, pension playpen, pensions
Tagged AIG, auto enrolment, Blufin, Confidence, FinTech, Insurance, Lloyds, Lockton, pension playpen, protection, Sage
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The new politics of pensions
What has leaving the European Union some time in 2019 have to do with four new Ministers at the DWP and as many at the Treasury? We currently have no shadow pension minister, Angela Rayner who became shadow … Continue reading
Why every firm must pay attention to their pension
The poet Yeats , concludes a short poem But I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams. Small employers rely on large organisations to establish, … Continue reading
Posted in auto-enrolment, pensions
Tagged auto enrolment, NEST, pension, pension playpen, pensions, TPR, tread on my dreams, Workie
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Wake up to the PPF!
It was good to oversleep and wake up not to the lark (metaphorical here in EC4), but to Alan Rubenstein purring about his Pension Protection Fund. Pension Protection Fund figures published yesterday show the lifeboat scheme has £4.1bn surplus and … Continue reading
What kind of transparency would that be- Sir?
This from the BBC MPs on the Energy Committee have written to the new business secretary to demand no change to the current rules on price comparison websites. As part of its recent report on the energy market, the Competition … Continue reading
Posted in pensions
Tagged Comparison sites, Investment Association, regulation, Transparency, Transparency Task Force
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Shaking up at the DWP- how will politics effect pensions and payroll?
As we all know by now, the DWP are very proud of auto-enrolment which former Pension Minister described as “that hen’s tooth – a public policy success”. At the time of writing, I should be in a meeting chaired by … Continue reading
Posted in pensions
Tagged Business, DWP, Payroll, Pension new, pensions, Politics, Retirement, tata
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