Monthly Archives: April 2023
Top lawyer warns against precipitous action over LTA (shock)
Rosalind Connor’s presentation and Q&A on the taxation changes to pensions in this year’s Finance Bill make for a good watch. As usual we’ve made the session available to those who couldn’t make it yesterday – and it was great … Continue reading
“The LTA – so you think you know it all?” – Pension PlayPen Today
Rosalind comments “very much looking forward to this next week .. talking to people who also think the definition of a good time is wading through the Finance Bill….” Register at http://www.pensionplaypen.com
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Will British Steel lessons fuel retirement income review reforms?
Stephen Lowe of Just clearly thinks that the redress project that is going ahead for British Steelworkers ill-advised to leave their pension scheme has focused minds at the FCA on the need for income in retirement. Citywire reports Lowe as … Continue reading
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Tagged BSPS, FCA, Income, pension, Retirement, Review, Strait of Homuz, thematic review, TPR
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Benefits will be restored at USS but will common sense?
UCU members in their tens of thousands have voted overwhelmingly to move forward with pension proposals agreed with employers which will pave the way for the restoration of benefits. When we launched our pensions dispute, university vice chancellors doubted us, … Continue reading
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Tagged Common sense, Con Keating, DB pensions, Jo Grady, Pensions, trust, UCU, USS, UUK
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Royal Mail strike averted – CDC gets a welcome break.
Only a week after the Pensions Regulator finally authorised Royal Mail’s Collective Pension Plan as Britain’s first CDC scheme, a strike that had threatened the future of the Plan’s sponsor has been averted. The news will come as a relief … Continue reading
How patient is patient capital?
We’re told pension funds have long investment horizons so you’d expect those that invest in infrastructure to buy and hold investments to provide income for current and future generations of pensioners. This is what is called “patient capital” and it’s … Continue reading
Sun Money solves the Retirement Riddle
Pilot your Pot with Harriet Every time Harriet Meyer runs a pension story in the Sun, my heart leaps. She has the knack of using snappy headlines and clear language to make the complex plain. Harriet modestly tells us on … Continue reading
We aren’t all taking SeLFIES yet!
Is there an argument for the State to issue a new kind of pension bond to compete with annuities Arun Muralidhar believes there is and he has evidence that such bonds are popular, in Brazil. This blog asks whether now … Continue reading
They shoot pension schemes, don’t they?
I blundered upon this article last night as I was considering what had just happened at Aintree. I reference yesterday’s Grand National as the 39 runners and riders were all tipped by someone to a point that I bet … Continue reading
CETV madness
I wrote yesterday about confusion about what a defined benefit promise is today. This surrounds the concept of the “DB pot”, a concept that is utter fiction. There is no DB pot. A defined benefit scheme, whether final salary, … Continue reading