Monthly Archives: July 2021
We can live with losing, can we cope with winning?
As I woke up this morning, my dream was still with me, we had beaten the Italians and were European Champions. I fully expect that dream to be realised and that I will return to my bed in a state … Continue reading
In the Vanguard of the IGCs
This year’s IGC reports have been delayed over an arcane dispute over what constitutes a scheme year (see appendix). But the good news is the delay will allow for some IGCs to open a debate about what counts for value … Continue reading
keep on keeping on! – advise the Covid Actuaries Research Group
Choosing the right path for your personal pension pot
A few of my cronies shared screens yesterday evening to discuss “post retirement issues”. I think it was the alert Mark Thompson who pointed out that “post retirement” comes death so we decided “in retirement” was a better phrase. … Continue reading
Green Gilts and the Greenium: Value for money, virtue signalling or breach of trust?
On 28th May, 2021 the UK Debt Management Office issued a press release which said: “HM Treasury will publish the government’s green financing framework on Wednesday 30 June 2021 and it is planned that the inaugural green gilt issue … Continue reading
CDC takes a big step forward
The Minister tweets w0ke us up this morning Guy Opperman this morning announced on twitter the timeline for the development of CDC as a viable third way for British workplace pensions. The thread of tweets was posted prior to … Continue reading
FCA unveil a horror-show from 17 fund managers
It is hard to read the FCA’s verdict on the first round of Value Assessments from fund managers without getting very angry. The list of crimes against the consumer is long and unremitting. While clearly there were some Assessments … Continue reading
DC savers left in “backwaters fouled with complexity” – clean up hybrids now!
In my recent blog ” We can;t risk hybrid DC schemes being left behind. I argued that many member’s benefits are being left in a backwater fouled by complexity. The DWP have chosen to treat small DC schemes that sit … Continue reading
We can’t risk hybrid DC schemes risk being left behind
The case for including DB/ DC hybrids in value for member assessments. There are 5.5m savers with DC benefits within DB schemes and this number doesn’t include AVCs. Of these 1.2m are actively saving and most will be as … Continue reading
Will our pensions reform private equity or become its victim?
Peter Harrison, Schroder’s CEO is making some important comments about investing in the stock market. “Ultimately, we’ve got to grow the wealth of our customers. The move towards private assets is a reflection of the fact that that’s where the … Continue reading