Monthly Archives: March 2023
Are you suffering from Premature Buy-Out?
This is the testimony of a member of a defined benefit pension scheme. It’s anonymous but none the worse for that. Anyone who is in a corporately sponsored defined benefit pension plan should be considering the implications of their scheme … Continue reading
DB pensions and their wasteful risk-transfers.
Pension actuaries have got it wrong “It’s not an endgame – it’s “play on””, William McGrath of C-Suite told those enjoying coffee at the Pension PlayPen this morning. With a windfall gain of 3-5% coming the way of schemes with … Continue reading
Consultants and VFM – Nico and Darren’s podcast #9
I spent my lunchtime yesterday wondering up to the Regents Canal in Islington listening to Nico, Darren and Sophia Singleton talking about VFM from DC pensions. Well that’s not exactly true, more of the conversation was about DB plans (and … Continue reading
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Tagged Darren, Nico, podcast, Sophia Singleton, VFM, VFM framework, XPS
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Let’s put workplace pension saving in perspective.
A sense of perspective needs to be applied to this headline in Professional Pensions. The Government backing the private members bill that extends auto-enrolment commits them to no more than they promised in 2017 and does not even commit them … Continue reading
High fives for the UN! The High Seas treaty was signed this weekend!
This cute little fellow may not know it yet, but the UN has just signed a treaty that may make his/her life a lot better. We know about 23,000 of the species that inhabit the high seas, but there are … Continue reading
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Tagged ESG, High Seas, Natural Capital, Robert Gardner, Treaty, UN
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DIY pension dashboards will have to do for now.
First, let’s first, spare a thought for those whose livelihoods are linked to pension dashboards The DWP’s announcement last week that the pensions dashboards’ delivery will be delayed without definite timescale , will have implications for many people whose livelihood … Continue reading
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Fairer pensions for the private sector?
One of the Minister for Pensions personal desiderata is to narrow the gap between DB and DC savers. The graph, taken from the DWP’s recent Analysis of Future Pension Income.shows DC savers increasing while those with DB rights are … Continue reading
High fives for the UN! The High Seas treaty was signed last night!
This cute little fellow may not know it yet, but the UN has just signed a treaty that may make his/her life a lot better. We know about 23,000 of the species that inhabit the high seas, but there are … Continue reading
Posted in pensions
Tagged ESG, High Seas, Natural Capital, Robert Gardner, Treaty, UN
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DWP bets the house on “adequate” DC pensions. No wonder it’s targeting VFM!
The DWP published a report on Friday that has attracted attention from mainstream and social media. It is the DWP’s first analysis of retirement income in the UK since the analytical report of the 2017 auto-enrolment review and it was … Continue reading
“Discretion is the better part of value” – William McGrath at the Pension PlayPen
William McGrath is a cultured lad who recently ran Aga Rangemaster. So he knows pensions from the sponsor’s perspective and he’s not afraid to speak his mind. I’ll endorse Steve Goddard’s comments! William McGrath is fighting the good fight for … Continue reading