Monthly Archives: August 2023
Bet on England to win the world cup
Until recently , England were favorites to win the world cup, but no longer. You can get slightly better odds on Spain. If you don’t think the final will go to extra time (discounting the draw) , you … Continue reading
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What are BDCs and are they the future of private credit?
I hear a lot of people moaning about private market investments, but I don’t hear a lot of detail about why. This strikes me as likely to be moaning from prejudice not fact, so I’m setting about … Continue reading
Risk averse regulators now need to celebrate risk
At the PLSA investment conference earlier this year, Treasury secretary , Andrew Griffiths, told his audience they should celebrate our economic successes and in particular encourage the risk taking that creates them. In retrospect, we can see him laying the … Continue reading
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Tagged andrew griffiths, change mindset, Mindset, Pensions, PLSA, TPR
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How to watch the Pension PlayPen video you missed!
A lot of people ask to see the videos of Pension PlayPen coffee mornings (including me!). Here’s yesterday’s. You can fast forward the chat at the beginning (Steve G NB) Thanks to Bobby and Simon and Stefan, especially to Simon … Continue reading
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The risks and benefits of CDC to savers. A blog for Rob Reid
I have been asking for a one page summary of CDC risks and benefits that a member could understand – but its never appeared But then the member is not the client……. — rob reid (@reidremoney) August 15, 2023 Dear … Continue reading
Bumper celebratory blog – as triple lock bites!
This is a bumper celebratory blog as it marks 7000 blogs published on henrytapper.com. But much more importantly – it celebrates a great day for British pensions as the third leg of the Triple Lock cuts in to give British … Continue reading
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Superfunds jeopardized by regulatory torpor and timidity
One of the key planks of the Mansion House reforms needs is in urgent need of regulatory attention. There may be legislation and guidance enabling Pension Superfunds to consolidate DB plans, but without revision, the Pension Regulator’s guidance looks … Continue reading
Default or pathways, CDC or drawdown? Lundberg , Riddaway and Eagle for coffee this morning
I love it when a plan comes together, Stefan Lundberg will now be joined not just by Bobby Riddaway but be WTW’s Simon Eagle, doyen of the friends of CDC. I will not be there but my thoughts are well … Continue reading
Confusing evidence. Aon and Aegon’s bogus trade-offs
Aon has produced a survey of Aegon customers who are approaching the point they could choose pension over pot by buying into CDC, annuitizing or drawing down from their pot. The survey is interesting not so much for the results … Continue reading
Is there any need for a public sector consolidator?
The Government have twice set up pension schemes this century to meet market need. The PPF was set up to provide a life-boat for pension schemes that lost their sponsor and Nest was set up for employers who couldn’t find … Continue reading