Monthly Archives: July 2022

Pension Bee and the transfer Kerfuffle. Have your say 10.30 Tuesday.

Last week wasn’t just about politics. One of the last tweets Guy Opperman issued in his first term as Pensions Minister was in support of pot to pot transfers , following Pension Bee’s now notorious letter of complaint. Pleased that … Continue reading →

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Watch your carbon footprint – Aussie!

  The UK’s Financial Conduct Authority last month said it saw a “clear rationale” for regulatory oversight of certain ESG data and rating providers. “We stress that market participants and consumers must be able to trust green and other ESG-labelled … Continue reading →

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Ministerial duties – and conflicts.

  I got a  tweet from the Pensions Minister thanking him for yesterday’s blog. “Agreed” it said – referring to his intention to serve the queen before the prime minister. Bless you and agreed ⬇️👍 https://t.co/wjpcHT3o4D — Guy Opperman (@GuyOpperman) … Continue reading →

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The return of the Opp – pensions minister returns

Guy Opperman , after barely a day out of office, is back – though in a “caretaker” role for the DWP.  The Queen – rather than the Prime Minister is the boss. Have agreed to help DWP navigate the next … Continue reading →

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Let’s not make a pensions drama out of a political crisis.

There are a number of frustrated policy wonks working for our consultancies , life companies and workplace pensions , for whom Guy Opperman’s resignation came an hour too early. I include myself in that wonkery. But a sense of humor … Continue reading →

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The next great step forward in personal finance

  Our survey results confirmed that pensions are viewed as the most likely ‘useful app’ – or the first product type that can deliver value The TISA-EY Open Finance Report 2022 is the vindication of many years perseverance by the … Continue reading →

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Pensions Minister resigns

I resign with great regret, given there are serious ongoing issues that need addressing ranging from cost of living support, to legislation, & parliamentary debates. It should not take the resignation of 50 colleagues, but sadly the PM has left … Continue reading →

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Scheme consolidation? You ain’t seen nothing yet!

Speaking with Aussie legend Nick Sherry, I asked him why he was merging the Transport Workers Super with a much larger scheme “The optimum size of a Super is around $20bn AUS”, said the former minister, TWU is at about … Continue reading →

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“It was thirty years ago today” – the story of Super – the future of workplace pensions

  Yesterday I met with my old friend Nick Sherry who once got me out of hospital in the middle of the night when I’d driven into a car on my bike. Australian finance ministers are very helpful like that! … Continue reading →

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Can Trustees, SIPPS and lawyers provide DWP with agreed rules on DC transfers?

Six years ago, no-one had heard of PensionBee; it was a start-up operating out of a serviced office in the Borough with a handful of staff, a scanner and some very good coders who knew their way around Salesforce. Rather … Continue reading →

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