Monthly Archives: January 2022
Private markets – where do pension fees go?
According to the FT, CVC partners had a light-bulb moment on their way to their forthcoming flotation. They realised that what investors want is the 1.5%pa management fee on the $122 bn. CVC has under management (a discount to the … Continue reading
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Is TPR setting too high a bar for CDC?
If you’re thinking of running a CDC scheme, make sure you have deep pockets. The application price alone is an eye-watering £77,000. This compares with £23,000 to apply for master trust authorisation. No one will make an application without being … Continue reading
Get retirement ready with the PPF and you’re over 40
Yesterday, I published the PPF’s how to get retirement ready in your 20s, 30s and early 40s. Today they compile a list of seven things you should think about as you approach the end of your career. Even if you … Continue reading
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Tagged dc pensions, Defined benefit pension plan, Employment, mature, pension, Pensions, ppf, retirement ready
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Stuart Fowler asks “is a British Steel redress scheme workable?”
Foreword. Stuart Fowler has published a very compelling argument for protecting the levy and not creating a redress scheme for BSPS. On the face of it, we are at odds. I refer to the “note” below in my recent article … Continue reading
Can Stephen Timms cut the Gordian Knot and unbind FAS pensions?
Stephen Timms , chair of the Work and Pensions Committee, has written to pensions minister Guy Opperman asking for clarity over the compensation cap placed on the Financial Assistance Scheme. Last year the Court of Appeal ruled that the cap … Continue reading
How the PPF are helping their younger members to get retirement ready
The Pension Protection Fund isn’t an organisation you’d expect to provide financial guidance. They’re keen to show that they want the people who they’ll be paying pensions to, to get as much help before they take their benefits as they … Continue reading
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Invite – Tuesday Jan 25th -10.30 am; coffee with me and Tom McPhail.
I’m inviting you to Pension PlayPen’s Coffee Morning, this Tuesday January 25th – 10.30 am. I’ll be in conversation with industry guru and pundit Tom McPhail. Statutory Blurb Tom, after a glittering career with Hargreaves Lansdowne, has recently been … Continue reading
Are we in a stock market crash?
I’m not bothered about market corrections, I live on wages and pensions not on drawdowns from equity funds. But most people I know of my age or above, are dependent on the markets for their income and they are right … Continue reading
How a British Steel redress scheme might work.
Stuart Fowler has produced a counter-argument to that I put forward last week, it was published before my blog and I can’t say that my blog would have changed Stuart’s argument. I will ask Stuart for permission to publish it … Continue reading
Tik-Tok for pensions? You’d be surprised.
Damian Stancombe doesn’t have enough twitter followers- follow him – he’s always got a contrarian view and like my good friend David Harris – isn’t afraid to share it. Here he is commenting on my recently published blog on the … Continue reading