When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Monthly Archives: December 2021
Pensions through the looking glass – the back to front world of the Purple Book!
The 2021 Purple Book , which claims to be the definitie study of the UK’s DB pensions univers risk profile , was putlished last week. Casual readers might expect it to be talking of the “workplace pensions” of the 11m … Continue reading
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Insurers find gold harder to mine from DB pensions.
A change in the market The FCA retirement Income Survey includes a chart on the number of DB to DC transfersi and the number of advisers active in this area. Both continue to decline. Since the start of the survey … Continue reading
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New FCA data shows method in the madness -(but it’s not half the story).
The FCA’s latest data on the way we’re drawing down money from our pension pots shows a sharp increase in the amount of money being taken via flexible and UFPLS whiles total encashments and annuity sales are steady, But when … Continue reading
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Everything to know about Omicron – that you didn’t think to ask.
This article first appeared in the Atlantic. You can subscribe to the Atlantic here I’m sorry to say I’m worried about Omicron. A lot we still don’t know, but this much is becoming clear: Cases are rising very, very fast … Continue reading
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Who cares at No 10 Downing Street?
The credibility of the Prime Minister is being called into question. For the second time during the period of the pandemic, evidence has come to light of people working with the Prime Minister playing fast and loose with the … Continue reading
Time to deploy the PPF as a force for social good?
This blog looks at how , following the closure of its charitable sponsor, another pension scheme is leaving the PPF and improving benefits for its members. The blog looks at the social cost of the Charity’s closure and asks … Continue reading
1m+ employers chose workplace pensions, how many will review that choice?
Thank to Hymans Robertson, for a series of excellent sessions on the benchmarking of workplace pensions value for money propositions. The sessions have been led by Michael and Shabna. The consultancy is looking to encourage good practice amongst not … Continue reading
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Tagged Hymans Robertson, Penson PlayPen, Steve Goddard, workplace Pensions
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The Old British Steel Pension Scheme is back from the dead!
This blog is about a minority of British Steel Pension Scheme members who either chose not to move to the new schemes or transfer benefits , or who made no decision and ended up in a scheme, heading for the … Continue reading
The magic and muck of the cup; mixed news for Yeovil Town fans
The Romance of the Cup It has been a strange weekend for supporters of Yeovil Town FC. We were treated to a 1-0 win in the FA cup second round against struggling Stevenage FC. It will be remembered mostly for … Continue reading
Three new ways to pay ourselves a pension
Yesterday I wrote about how Steve Webb sees the “real world” of pensions Today I am focusing on how he sees choices through retirement and looking at two other ways in which we can hand over the decision on … Continue reading
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Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…