Monthly Archives: August 2023

Pension Superfunds – half a step forward

The development of commercial superfunds took half a step forward today with the publication of TPR’s latest guidance on what a Superfund needs to do to commence business and what occupational schemes need to do by way of “clearance” to … Continue reading

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England “still” bookies favorites for world cup

After watching England’s uninspiring performance (on catch up) and the loss of their star player -first to close marking and then to immaturity, I am surprised that the bookies still only offer 3/1 against England lifting the cup. The bookies … Continue reading

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IFAs should be circumspect about the allure of annuities

IFAs have a very difficult relationship with annuities. Here’s Julian Stevens , an IFA himself, explaining the problem that faces many of them The trouble is that because annuity rates were so terrible for so many years, whilst equity and … Continue reading

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The state of private equity and what it means for pensions

🇬🇧 Private Equity Offers Discount Fees As Dealmaking Drought Deters Investors ▫Sweeteners aimed at big backers ▫Cut-throat competition for cash ▫Industry fortunes face reversal ▫@william_louch @JosephineCumbo 🇬🇧#frontpagestoday #UK @FinancialTimes pic.twitter.com/sjXBfUpjIg — 𝙵𝚛𝚘𝚗𝚝 𝙿𝚊𝚐𝚎𝚜 𝚃𝚘𝚍𝚊𝚢 📰 (@ukpapers) August 8, 2023 I … Continue reading

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Response to the DWP’s consultation on choice architecture for DC spenders

The DWP has published a consultation called Helping savers understand their pension choices It is  billed as a Response to the products and services element of the call for evidence and the public consultation on a policy framework to support … Continue reading

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Pension funding in the silly season

  I’m sure I’m not the only person who read this headline in Professional Pensions yesterday – astonished! XPS’ monthly funding report of course tells us no such thing. July was a month when gilt yields initially rose as  the … Continue reading

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Pension trustee skills, capability, and culture – must change!

Necessarily August brings a lighter workload and the opportunity to dive deeper into the questions the DWP are asking the pensions industry. I am using this month to write responses which are personal and reflect the views of my colleagues … Continue reading

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Stefan Lundergh’s turning pots to pensions- Pension PlayPen 10.30 today

  Coffee Morning – Cardano’s Stefan Lundbergh explains how the world’s  turning pots into pensions     Tuesday August 8th, 2023 ; 10:30 am -11,30am  Online (+1HR CPD) Stefan has spent the last year bringing together thought leaders from around the … Continue reading

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The wrong time to lose the political consensus on tackling climate change

Writing in the FT, Piers Forster, Chair of the UK’s Climate Change Committee is compelled to state what many of us would consider obvious. This is precisely the wrong time to lose the UK’s informed political consensus on tackling climate … Continue reading

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Let’s target workplace pensions on those who can save – not tax those who can’t.

  There’s a lot of talk about the new legislation we need to make pensions better, but how about using the legislation we’ve got a little bit better! Why do we moan that the self-employed don’t have access to a … Continue reading

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