Monthly Archives: June 2021
Small DC schemes must be guided by data – not self interest.
As flagged on this blog , the Government is turning the heat on workplace pensions to deliver. The raft of papers produced by the DWP culminate in new regulations , The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) … Continue reading
Covid lessons for the UK from Taiwan and South Korea-Gordon Woo
First Published at Covid-19 ARG here
It’s been a “long day coming”- and a change is going to come
For most of us, June 21st has been the day when we return to normal ever since the Prime Minister announced the timetable to lift lockdown – the long day coming. But today is not going to see further easing, … Continue reading
Tales of kindness from the riverbank
This isn’t one of those trophy weekends when the sun is shining. The river is full of last week’s rain and the temperatures are ten degrees down on this time last week. But Lady Lucy was out yesterday and … Continue reading
The Scots teach us a lesson
Yesterday evening saw London invaded by the tartan hoard. Mainly young, male and full of noise they roamed the streets looking to remind us Sassenachs that something was missing from our lives. From 8-10pm , we were shown what – … Continue reading
Posted in pensions
2 Comments
When can we be free? #COVIDARG follows the data
By Matt Fletcher, Adele Groyer and John Roberts COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Summary On 14 June, a large batch of papers was published by SAGE. These set out further modelling of the impact of … Continue reading
Pouring advice into a bottomless pot – lessons from Westiminster
The capacity of the pension industry to pour advice, guidance and financial education into the bottomless pot seems limitless. I define the “bottomless pot” as the perceived resource needed to make informed choices on retirement finances, a pot that never … Continue reading
KEEP CLEAR- unexploded pension bomb
The DWP’s full frontal assault on poor value occupational pensions will be launched shortly. The intent of Guy Opperman and his policy team at the DWP is to consolidate the occupational DC pension market with intent to improve member outcomes. … Continue reading
Posted in pensions
Tagged Bomb, Charge cap, Guy Opperman, Ian Duncan Smith, LTAF, Treasury
1 Comment
USS and Future Service; – Michael Bromwich
Michael Bromwich has published on this blog before and I’m proud to publish his latest note on the University Superannuation Scheme. This is a long and technical blog which is very topical. Yesterday we heard more news of breakdowns in … Continue reading
Posted in pensions
Tagged Future Service, Michael Bromwich, Technical Provisions, USS
Leave a comment
The devil is in these pension increases
Yesterday I was writing about the need to be pragmatic about the indexation of our pensions. Today I read in the FT that the calculation rules for the triple lock mean that pensioners could be in for an 8% rise … Continue reading
Posted in pensions
Tagged Business, CDC, corporate governance, DWP, Employment, pension, Retirement
Leave a comment