When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Monthly Archives: October 2017
Why I’m not at the PLSA conference today
I’m writing at 6am, soon I will be getting on a train to Manchester which will be full of people going to the PLSA Conference. I won’t be going to that Conference, instead I will be visiting Sage’s accountant support office … Continue reading
Posted in actuaries, pensions
Tagged Aberdeen, Gupta, oncference, pensions, PLSA, Yeovil Town
5 Comments
Too late Chancellor – that ship has sailed!
If I were a cynical editor looking for a story to focus on, I would look no further than speculation on the autumn statement. Yesterday the Telegraph floated a story, purportedly a leak from #10, that the Chancellor was … Continue reading
Posted in advice gap, pensions
Tagged Hammond, Hargreaves Lansdown, momentum, pensions, Politics, social media, tax relief, Tim Jones
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With value for money – figures speak louder than words.
The pen may be mightier than the sword but the spreadsheet trumps both. Last week, JLT published some projections which showed that if the performance differential between lousy and top pension providers continued – you’d be able to buy a … Continue reading
Posted in pensions, Value for Money
Tagged Chir Sier, IFA, IGC, JLT, measure, past performance, trustee, Value for Money, VFM, wealth management, words
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USS – the plot thickens!
Correspondence has emerged between the various macro-stakeholders in the USS “pension deficit” The cast in order of appearance Frank Field – Chair Elect of the Work and Pensions Committee. Here he is kicking off correspondence in August with…. … Continue reading
Posted in pensions, USS
Tagged David Eastwood, Frank Field, Janet Beer, Lesley Titcomb, pensions, UCU, Universities UK, USS
15 Comments
Portals for show, pensions for dough
The Pension Dashboard is under pressure. Having lost its sponsor, Simon Kirby MP in this summer’s election, early-day momentum is running out. The ABI are clearly fed up and are now calling for Government intervention if they are to … Continue reading
Posted in pensions
Tagged ABI, dc, DWP, Evestor, Neyber, PASA, Pension Bee, pensions, Pot follows member, state pension
1 Comment
Zurich and Widows, a sensible marriage?
I had better be careful here, my partner Stella is Group Pensions Director at Lloyds Banking Group and I am a Zurich pensioner and ex- head of sales of the Zurich workplace proposition. I have -as they say – … Continue reading
Posted in pensions
Tagged Corporate pensions, Eagle Star, Lloyds Banking Group, Zurich
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TPR- the price of pensions can fall as well as rise.
The Pensions Regulator appears to have forgotten one of the fundamental laws of gravity- “what goes up, must come down”. In consumer finance this translates into “the value of investments can fall as well as rise” and in the case of the … Continue reading
Is NOW the time to transfer out?
I was talking last night to a senior financial journalist about NOW pensions. In the catalogue of actions that the Pensions Regulator can call upon, insisting on the inclusion of Dalriada Trustees, is perhaps the most alarming. Dalriada is a … Continue reading
Posted in pensions
Tagged Dalriada, NOW Pensions, pensions, Pensions Regulator, TPR, Transfer, trustees
1 Comment
Finger in the dyke stuff! DC pricing is just too leaky Jon!
Jonathan Stapleton has written a deliberatively provocative piece in Professional Pensions which will be applauded by the operators of workplace pensions but is going to get short shrift from me. You can read Jonathan’s opinions here. The gist of Jonathan’s … Continue reading
Posted in auto-enrolment, dc pensions, de-risking, Debt, NEST, now, pensions
Tagged dyke, jonathan Stapleton, NEST, NOW Pensions, operators, pensions
2 Comments
Normalising pension saving for everyone
The TUC is publishing this morning important research into inclusion. Since our new pensions minister has included “inclusion” in his title, I hope he is reading it! Six in 10 workers in the UK agriculture and hospitality sectors are not … Continue reading
Posted in auto-enrolment, pensions
Tagged auto-enrolement, DWP, Guy Opperman, inclusion, NEST, pensions, Savings
5 Comments
Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…