Monthly Archives: March 2023
“Boring , boring FTSE”; Did Arm leg-it to avoid UK governance standards?
If anyone has been to the Emirates (or Highbury) to watch Arsenal, the title of this blog should resonate with the Gooner’s ironic chant about “boring, boring Arsenal”. Arsenal made that chant up when they were boring but won things. … Continue reading
Laura Trott unlocks a new chapter in the “quiet revolution”
What’s this about? If you’re aged between 16 and 21, your employer will not currently automatically enrol you in their workplace pension. But you have the right to join if you want. You and your employer will both contribute. You … Continue reading
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Tagged auto-enrolment, David Robbins, Jonathan Gullis, Pensions, quiet revolution, revolution, Steve Webb
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Why special pleading on the MPAA brings “pensions” into disrepute
In a letter to the Treasury ahead of this month’s Budget, more than a dozen companies, including leading pension groups and trade associations, have urged ministers to change the rule that governs how much can be saved into a pension … Continue reading
The pension dashboard needs more than a reset – it needs a rethink.
The dashboard is being delayed again. Team PDP is already four years late getting the pension dashboard crossing the line but our grand-prix racecar is in the best of hands – even with that retro-refuelling pipe! It was originally intended … Continue reading
Posted in pensions
Tagged Chris Curry, DWP, Guy Opperman, Laura Trott, MAPS, PDP, Pension Dashboard
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IF THE GOVERNMENT TAKES AWAY ON PENSIONS, IT NEEDS TO GIVE A LITTLE, TOO
Ahead of the Government’s Spring Statement (15 March) PensionBee, has identified nine key policy changes the Government could feasibly introduce to improve retirement outcomes, reduce dependence on benefits and the cost to the Government of providing those benefits, alleviate poverty … Continue reading
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What’s behind the sad decline in the City of London’s productivity.
Over the last 20 years, London has become more rather than less important to Britain’s economy. London now has more jobs and produces a higher share of Britain’s product , relative to the rest of the country than it did … Continue reading
Vanguard vanquished
So Vanguard has closed its advice arm, much to the delight of the IFA community. Back in April 2019, the service sounded ideal for the cost-conscious investor in need of help. Here’s FT Adviser’s report Vanguard has launched its financial … Continue reading
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More innovative thinking from OZ on turning pots to pensions
I hope you aren’t getting sick of me citing the Australian Super system and its struggles to provide lifetime retirement income. Australians do not like annuities, so anyone suggesting that insurers should be involved in managing longevity risk, is in … Continue reading
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Illiquid funds are not ATMs – they need long horizons
Michelle Teng has written a really useful article in Professional Pensions which is free to read and well worth your time. If you aren’t already subscribed to Professional Pensions, this article could be the reason to sign up. This … Continue reading
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How do we know if our client’s drawdown strategy stacks up?
There’s a natural tendency for all asset managers to report performance as if they were talking to the trustees of a defined benefit pension scheme. Fact sheets, league tables and projections for pensions have been created out of what actuaries … Continue reading