Monthly Archives: July 2023

Dashboard doldrums

While everything else in pensions appears to be moving on, the pensions dashboard program appears to be becalmed and – judging by the two events I’ve witnessed this week, suffering a confidence crisis. On Wednesday Chris Curry met with cross … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment

Alternatives to buy-out – the new DB surplus opportunity

Thanks to Willis Towers Watson for an excellent seminar yesterday. I am now a lot clearer in my head about the “DB surplus opportunity” though I’m not clear why (as the slide intimates) schemes that could afford buy-out shouldn’t choose … Continue reading →

Posted in pensions | 2 Comments

After the blizzard – Tom McPhail explains the Mansion House reforms!

I’ve dug myself out from the “blizzard” of consultations , responses and calls for evidence from Government and I’m now sitting on top of the mountain hut trying to work out what is going on. A good way to work … Continue reading →

Posted in pensions | Tagged | Leave a comment

As CDC becomes mainstream – lets “KISS” – CDC’s just a non-guaranteed pension.

First a tribute to the people who have made CDC happen. This is the first time I have put CDC in the title of a blog expecting it to be a turn on not a turn off to my readers. … Continue reading →

Posted in pensions | Leave a comment

Industry mindset shift needed to deliver value for pension savers

12 July 2023 / Guest post from Nausicaa Delfas, CEO of the Pensions Regulator Investing for a pension is often the only and largest investment people make. Savers rely on the pension system working as hard as it can to … Continue reading →

Posted in pensions | Tagged , , , , , , , , | 8 Comments

The trouble with trustees ( DWP and HMT get “constructively tough”)

The wildest of all the consultations and calls for evidence issued today (July 11) is undoubtedly the call for evidence on trustee skills, capability and culture. The following blog is written in a spirit of “constructive toughness” (see below). The … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments

Steve Webb – “what is the Government trying to do?”

Speaking with considerable modesty, Steve Webb addressed the Pension PlayPen the morning after the night of the Mansion House Speech.  Although not at the event in person, he was there in spirit , referenced by Jeremy Hunt in his speech … Continue reading →

Posted in pensions | Tagged , , , , | 1 Comment

Trott plans to revive ambition within DB pensions.

When Laura Trott arrived in post she called up a few people who Guy Opperman had suggested to her and told them she intended to narrow the difference between DB and DC outcomes. I was one of them. Frankly, I … Continue reading →

Posted in pensions | Tagged , , , , | Leave a comment

The price of taking “wanted” risk off the table; Mansion House’s sub-text

  There are two ways for a Chancellor to promise £1,000 extra pension to us. The proper way is through the state pension, in 2022 the Government didn’t uplift the state pension by inflation meaning millions will be losing out … Continue reading →

Posted in pensions | Tagged , , | 6 Comments

Steve Webb, fresh from the Mansion House – 10.30 today at Pension PlayPen

Steve is one of Britain’s premier pension commentators , having been Minister for Pensions during the Coalition. Now he’s a consultant for LCP and he appears on every platform from the Martin Lewis Money Show to the Work and Pensions … Continue reading →

Posted in pensions | Tagged , , , , , , , | Leave a comment