Monthly Archives: February 2022
Australians propose a $5,000 pension bonus to women starting a family
The UK needs to recognise that the gender pension gap is problem and innovate to address it The proposal by the Association of Superannuation Funds of Australia (ASFA) for women to receive a $5,000 superannuation bonus when they become a … Continue reading
Should we be switching in the dark?
It’s not the headline you want to read if you’re a regulator trying to find a common definition of value for money. Nor is Pension Expert’s strap-line. More than four in 10 pension holders surveyed by B&CE said they would … Continue reading
“To a man with a hammer….” – Making sense of the CDC Code of Practice
This is Con Keating’s second blog covering the consultation on TPR’s proposed Code of practice for CDC. In the period since writing the first blog, I have managed to resolve one of the major uncertainties I expressed there concerning … Continue reading
Online pension scams are a daily problem and cost us £1bn+
Investor losses from #pension scams estimated at more than £1bn but fraud really isn’t a big problem, says UK Minister. https://t.co/EL76pP8JHe — Josephine Cumbo (@JosephineCumbo) February 7, 2022 One of the things that endears Martin Lewis to the nation is … Continue reading
Why do our sweet children buy bitcoin?
Claer Barrett has written a very good article on the plight of those entering the labour market having spent time at university and accumulated something in the region of £30,000 of debt. Like many in their fifties and sixties, I … Continue reading
Boris has united the country – but not as he hoped.
In an interview with the Observer, Sir Charles Walker, a former vice-chairman of the 1922 Committee of backbench Conservative MPs, implored the prime minister to go of his own accord in the national interest, and likened events in the Tory party … Continue reading
Private Equity has a consumer duty which it can’t ignore.
Let me disclose my prejudice, I don’t like management consultants, I don’t like the way they pander to the basest instincts of those who employ them and I don’t like the way they are used to justify corporate behavior … Continue reading
Posted in pensions
Tagged Bain, Life and pensions, McKinsey, Phoenix, Private Equity, Royal London
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Phoenix should be putting out fires – not fanning the flames!
Phoenix are rightly taking some stick for suggesting that the young should pay more for their pension investment than the old. It would be hard to present an argument in a worse way than Phoenix/Standard Life’s PR team have managed … Continue reading
LGPS AVCs- how can Prudential get it this wrong?
Shaun Tetley (pictured) who is chair of the CIPP’s Public Sector Specialist Interest Group and an AVC specialist, has explained to me the problems the LGPS’ 90 pension funds are having with Prudential AVCs. Shaun and I have developed … Continue reading