Monthly Archives: June 2021
2-0 : a life framing evening
I think my earliest memory is of watching the World Cup Final in 1966. I would have been four and I remember the room, the excitement and my Mum and Dad’s happiness. 55 years on, I am anticipating getting a … Continue reading
Workplace pensions – PFI 2.0?
The Daily Mail have published a heavily spun article that seems to have come from the Treasury with the title Chancellor Rishi Sunak to tap pensions for UK’s growth fund: Treasury draws up plan to help boost economy Regular … Continue reading
Covid Actuaries make sense of the current confusing picture
http://www.covid-arg.com Friday Report: Issue 46 By: John Roberts, Matt Fletcher, Dan Ryan & Adele Groyer COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. COVID-19 is still one of the hottest topics for scientific papers and articles. The … Continue reading
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Are L&G, State Street and BlackRock too dominant in workplace pensions?
The question has been bothering me for a while. While there are maverick allocations (Nest for instance use UBS for passive management), UK workplace pensions are dominated by the big three, who’s passive strategies are used by just about everybody … Continue reading
Goddard and Tapper team up with pensions “All Stars” to relaunch The Pension Playpen
The Pension Playpen, an online community for pensions professionals, is to be relaunched by industry veterans Steve Goddard and Henry Tapper on 1st July. Originally founded by Tapper as a networking group in 2013, the revamped platform will offer a place … Continue reading
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Tagged community, henry tapper, online, pension playpen, Steve Goddard
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Have pension freedoms “benefited” the poor?
Gareth Morgan has written to us via linked in to remind us his submission to the Work and Pensions Select Committee is now public . You can read it in full here bit.ly/3d9PpyW There were 54 written submissions but only … Continue reading
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Tagged Gareth Morgan, Pension Credits, Pension Freedoms, Stephen Timms, WPSC
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TPR – publish your pension scheme register – or be damned!
Following yesterday’s blog moaning at the Pensions Regulator for not getting its act together and publish a register of scheme URLs I have been informed of regulations changes that have the potential to make this happen. DWP’s climate governance regulations … Continue reading
Where are these 1200 schemes to be consolidated?
When it comes to poor practice “sunlight is the best disinfectant”. But the sun never shines on the whereabouts of occupational DC schemes, which are supposed to run their own websites for the benefit of all, but whose whereabouts on … Continue reading
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Tagged AgeWage, Business, consolidation, corporate governance, corporate risk, DWP, hurdles
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Who picks up the cost of consolidating member pots?
The key to answering the question is to establish the value chain; to my mind there are two immediate winners from transferring a member’s pot. The ceding employer (the scheme the member is leaving) The receiving scheme (the scheme the … Continue reading
“Further and faster”- the white heat of pension consolidation.
UK to go “further and faster” with workplace #pension consolidation push. https://t.co/5uM7o0mgHN via @financialtimes — Josephine Cumbo (@JosephineCumbo) June 22, 2021 Yesterday, I wrote about the immediate impact of the DWP’s regulations on consolidation of occupational DC plans, today I’m … Continue reading