Monthly Archives: September 2020
Net pay pension problems? – don’t leave them to the Treasury
The headline is misleading, the Treasury are not looking for solutions, they are looking for the long-grass ; unless people who give a damn , tell the Treasury to pull their finger out, 1.7m low earners will continue to overpay … Continue reading
Posted in Force for Good, pensions
Tagged HMRC, HMT, Net Pay, pension tax relief, Pensions
2 Comments
“Shape up or shape out” – DWP give small DC schemes one year’s notice
It is not acceptable for savers to be enrolled in arrangements that do not deliver value in terms of costs, investment returns or secure and resilient governance. Government would expect trustees acting in the best interests of their members … Continue reading
Posted in advice gap, age wage, DWP, pensions, Pensions Regulator
Tagged dc, DC DWP Pension, DWP, Guy Opperman, TCFD, TPR, VFM
1 Comment
Weathering the Storm
Iain Clacher & Con Keating As part of our Funding Code research, we searched for academic or practitioner papers covering long-term expected returns forecasts. We were particularly interested in the ex post accuracy of these forecasts. We found none which … Continue reading
Posted in actuaries, advice gap, age wage, pension genome, pensions, risk
Tagged #USS, CETV, DB transfers, ppf, Ralph nader, USS
2 Comments
Payroll + Pensions = Value for money! Register here for the event of next week
REGISTER HERE This is going to be by far and away the best webinar you could watch next week REGISTER HERE Hosted with our thanks by the CIPP For a sneak peak of payroll’s best kept secret – … Continue reading
Posted in pensions
Tagged #pensions, AgeWage, henry tapper, Michelle Sutton, Payroll, Pensions, reward, Suez
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Savers are denied the right to check their pension statements
Although it feels like winning, this has been a tough few weeks for me and my team as we struggle to get nearly 600 Data Requests sent to pension providers. These have been entrusted to us via Letters of Authority … Continue reading
Posted in advice gap, age wage
Tagged FCA, GDPR, Jerry Schlichter, MAS, TPAS, treating customers fairly
3 Comments
The best friend investors have never heard of (Robin Powell)
By ROBIN POWELL @RobinJPowell He’s arguably done more to advance the cause of ordinary investors than anyone except the late Jack Bogle. And the chances are you’ve probably never heard of him. His name is Jerry Schlichter, and he’s the … Continue reading
Posted in age wage
Tagged #TEBI, Evidenced Based Investor, Jerry Schlichter, Robin Powell, Schlitcherised
3 Comments
Wine, lizards and the hazards of the mute button – Covid-19 actuaries Friday report
The Friday Report – Issue 21 By Nicola Oliver, Matthew Fletcher and John Roberts COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. COVID-19 is still one of the hottest topics for scientific papers and articles. The COVID‑19 Actuaries Response … Continue reading
Posted in pensions
Tagged @ons, actuaries, Actuaries Response Group, Covid-19, Covid-19 Actuaries Response Group, Government
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Balance sheet relief leads to later life grief?
It’s a shame for my loyal readers (Con Keating especially) that some of the most interesting comments on my blog are made on twitter and linked in. In yesterday’s blog I suggested that our former pensions minister, Steve Webb, was … Continue reading
Posted in pensions
Tagged DB transfers, Debate, Jade Muray, LCP, Steve Webb, transfers, Webinar
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Seven ways to improve Defined Benefit funding
In March 2020, The Pensions Regulator (TPR) opened a consultation on its proposed revisions to the DB funding code. In framing its response, First Actuarial proposes seven ways to change DB funding for the better. What do we want the … Continue reading
Posted in accountants, dc pensions, de-risking
Tagged #Pensiondebate, DB Funding Code, pension, TPR
2 Comments