Monthly Archives: October 2021

US retirement plans will be free to adopt ESG

The decision of the American pension authorities to permit plan managers of retirement schemes from using ESG factors in the investment management of their savers is long-overdue – but nonetheless very welcome. UK readers may be shocked to discover that … Continue reading →

Posted in pensions | Leave a comment

“Jobsworth” -Con Keating casts doubt on DWP’s lifetime jobs data

Pots of Money? One of the most commonly cited statistics associated with the discussion of small pots and their consolidation is that we hold, on average, eleven jobs in a working lifetime – and that this number is tending to … Continue reading →

Posted in pensions | Tagged , , | 6 Comments

Workplace Pensioners cannot afford private equity’s current fee scales

The investment of our workplace pensions is quite literally “front page news” as Jo Cumbo is keen to point out. Scoop: Pension savers risk fee rises as Sunak seeks billions for ‘levelling up’ agenda. https://t.co/B4FpR0Vg5O — Josephine Cumbo (@JosephineCumbo) October … Continue reading →

Posted in pensions | Tagged , | Leave a comment

Toy Ferraris or pensions Lamborghinis – how should we react to a pension statement season?

Pension statement season = an analogue solution in a digital world – which wouldn’t even achieve much in an analogue world — Steve Webb (@stevewebb1) October 12, 2021 Steve Webb can be brutal, especially when he’s on home ground. Government … Continue reading →

Posted in pensions | Leave a comment

Four years on – steelworkers remain angry and confused

  The FT is reporting increasing frustration among steelworkers in Port Talbot as they get called into public meetings with the FCA to find out about mis-selling compensation. “The cowboy advisers are laughing in their villas while we are having … Continue reading →

Posted in pensions | Tagged , | 2 Comments

Savers aren’t failing , we’re failing pension savers!

On a day when I learned that 6 out of 10 savers failed to “consolidate workplace pension pots”, I’d like to stand up for these hopeless failures. Firstly, most of them will not use the word “consolidate” and some have … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment

Can pensions save the planet? Not with TPR’s proposed DB funding code!

I received an interesting update earlier today on a fringe meeting at the Conservative Party Conference on ‘Can Pensions Save the Planet?’ One of the people talking was Caroline Escott from Railpen, covering some of the important work Railpen has … Continue reading →

Posted in pensions | Tagged , , | Leave a comment

Architects of our own demise?

We get the Governments we deserve, that’s my view of how the democratic process works. We got a Government in late 2019 to “get Brexit done” and within a few weeks , that Government was confronted by a pandemic , … Continue reading →

Posted in pensions | Tagged , , , | 3 Comments

Con Keating and Edi Truell (a trilogy in the making?)

Con Keating has sent me this post, in reply to Edi Truell’s recent linked in post on his recent blog “Safe as Houses”. I no longer subscribe to Linked-In (I find its security appalling) but I have been told that … Continue reading →

Posted in pensions | Tagged , | Leave a comment

Time to take Tyson Fury to our heart.

Can’t count out @Tyson_Fury 😤 #FuryWilder3 pic.twitter.com/kI4y15d7hc — ESPN Ringside (@ESPNRingside) October 10, 2021 Tyson Fury is Britain’s outstanding sporting superstar. But he is unloved by the sporting establishment and held at arms length by the politicians and business people … Continue reading →

Posted in pensions | Tagged , , | Leave a comment