Monthly Archives: February 2019
Who are these pension delinquents?
Pension delinquents The weekend has seen a fair bit of interest in pension saving. This morning’s Wake up to Money featured Ros Altmann celebrating 10m new savers auto-enrolled into workplace pensions. Sunday’s lead story was Amber Rudd’s threat that she … Continue reading
Rudd’s posturing – no help at all
When BHS went belly up, this blog pointed the finger of blame at Philip Green for putting dividends before the pensions of the staff who earned him them. Green coughed up over £350m and the BHS pension scheme restructured into … Continue reading
What do we mean by fiduciary care?
Travelling back from Newcastle last week in a much delayed train, the passengers in my carriage were trying to get to sleep. It was tough as the carriage were illuminated by the brightest of stip lights. Eventually some of us … Continue reading
Trustees and transfers
Jo Cumbo’s article in Pensions Expert on contingent charging takes a dim view of trustee behaviour to date. Her idea that advice to stay in a DB scheme could be paid for by docking the original pension has got some … Continue reading
Posted in advice gap, pensions
Tagged Adrian Boulding, jo cumbo, pensions, Phil Yound, SJP, transfers, trustees
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Pension Transfers need planning permission.
In an important contribution to the debate on how members of DB plans can pay for advice on whether to transfer out, the FT’s Jo Cumbo calls for the financial advice bill – regardless of whether the answer is “yes” … Continue reading
Posted in pensions
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“Why pensions might just change your life”.
This morning I’m travelling north east to Newcastle on the first train up. I’ll be delivering the graveyard slot for my friend Carsten Staehr at the Cintra Conference. The people I’ll be talking with don’t like pensions, Carsten’s title is … Continue reading
Come join the party – the AgeWage video!
I think AgeWage the most exciting thing I’ve done in my working life! Watch our video and see if you agree!
Posted in pensions
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The curfew tolls the knell of small DC
I was a bit churlish in yesterday’s blog to the DWP who – on re-reading – have produced an excellent paper outlining the advantages of incorporating social purpose into the DC funds we default to. I urge you to read … Continue reading
Posted in advice gap, dc pensions, DWP, pensions
Tagged dc, DC DWP Pension, DWP, ESG, pensions, Responsible, SRI
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“Patient Capital incubators” wanted. Our workplace pensions fingered!
The DWP and its pension minister Guy Opperman have taken the opportunity of a speech at the TUC conference to launch an unexpected and wide-ranging consultation on DC investments- where the money of “a couple of hundred short of 10m … Continue reading
Posted in advice gap, age wage, Blogging, pensions
Tagged DWP, Innovation, Patient Capital, Paul Lewis, Work
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How pensions look from outer space
I’ve been thinking with a few friends about what can best be described as the “pensions market”. If you were to look down at Britain from Richard Branson’s spaceship, you would see people working towards a single aim in a … Continue reading
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