Monthly Archives: October 2017
There are no rats and the ship is not sinking (a message for BSPS members)
Thanks to the moderators of the BSPS Facebook groups for access and to the poll’s author for permission to publish. This is a very worrying post from a BSPS member. The poll is recent and is the only data I … Continue reading
We need to learn to love the PPF more
Hilary Salt asks “rather than designing new DB superfunds, wouldn’t it be better to grow to appreciate and improve our existing superfund?” It must be frustrating for the Pension Protection Fund (PPF) when the public perception is that to end … Continue reading
Posted in actuaries, pensions
Tagged BHS, Hilary Salt, pensions, ppf, professional pensions, Royal Mail, The Pensions Regulator, USS
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Time-bound decisions; the tough choices facing BSPS members
Supporting the Steel Workers in their decision making Over the weekend I was asked to join two important Facebook Groups, one is for those still working at Tata and the other for former employees, what links them is that both … Continue reading
How small schemes can win (with no surrender)!
I’m listening to Bruce Springsteen – “no retreat, baby no surrender” A useful note about “the consolidation opportunity” sits in my inbox. It’s from Con Keating who had been studying the ONS data on how pension schemes invest their money. He … Continue reading
Posted in advice gap, napf, pension playpen, pensions, Pensions Regulator
Tagged CMA, Consultants, Index, pensions, PLSA, small schemes
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Less sales – more trustees please.
I was jogged out of my Friday night lethargy by this picture. Aon’s master trust has just been awarded a “Pension Quality Mark” by the PLSA. I find this picture quite disturbing. The pensions minister Guy Opperman (right) is featured … Continue reading
Posted in advice gap, pension playpen, pensions
Tagged #PLSAANNUAL, Aon, mattingly, Mortimer, Nash, Opperman, pensions, PLSA, trust
5 Comments
A lot not happening! PLSA update
As the PLSA conference winds down and attendees return home, they will be left wondering what hasn’t happened. A lot of debate didn’t happen because those most wanting to debate were not at the Conference. Thankfullly we had expert … Continue reading
Posted in pensions, Politics, Popcorn Pensions, Retirement
Tagged consolidation, jo cumbo, Opperman, pensions, PLSA
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You wait years for good pension communications and then…..
All the best documents can be digested at a glance- think P60 ( or P45 if you’re more used to them)! Simple lay-out , necessary information, few words, maximum impact as it’s all there on one sheet. You wait years … Continue reading
Posted in advice gap, annuity, later life, pensions
Tagged Communications, LV, pensions, Quiet room, Quietroom. LV, statements
3 Comments
Does financial incapacity matter?
We are a nation of financial incompetents.- or so FCA research tells us. A quarter of the people who have accessed a defined contribution pension in the past two years do not know how they did so. The Financial Lives survey, … Continue reading
Posted in advice gap, pensions
Tagged FCA, financial capacity, Financial Lives Survey, pensions, Retirement
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Am I irrationally exuberant (about my pension)?
Irrational exuberance is unsustainable investor enthusiasm that drives asset prices up to levels that aren’t supported by fundamentals. The term “irrational exuberance” is believed to have been coined by Alan Greenspan in a 1996 speech, “The Challenge of Central Banking … Continue reading
Posted in advice gap, investment, pensions
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