Monthly Archives: October 2023
Why corporate PR is seldom – value for money.
I am now clear why so few pensions offer savers value for money, it is because so much of our money goes on buying Elizabeth Pfeuti champagne and fine food. Delivering a 68 minute deluge of vitriol, her only brief … Continue reading
Is it an employer’s job to pay pensions?
I haven’t heard much demand to hear me talk about turning pots to pensions, but I have a burning desire to discuss pots and pensions with the members of Pension PlayPen. I don’t intend to beat around the bush, we … Continue reading
Royal London’s IGC – great on detail but a tad conservative
Royal London’s IGC report has the best opening of any report I have read. The primary purpose of the Independent Governance Committee (IGC) is to act independently to assess the ongoing value for money provided to Royal London’s Workplace Pension … Continue reading
Is DWP shooting its own regulator in the foot
There are two “levies” that matter to occupational schemes. There’s the PPF levy which is still being charged to provide a safety net , despite that safety net being self supporting and largely irrelevant to most DB schemes. Then there’s … Continue reading
SSAS collateral damage in small pensions’ Dunkirk
To date, the DWP’s proposals to change the general levy to “tax” small occupational schemes £10,000 for being small, hasn’t aroused much opposition. The big lobbyists, the PLSA and ABI have long given up on small occupational schemes and focussed … Continue reading
Labour win in Scotland – what would Labour winning in Westminster mean for pensions?
If Labour are to win the next general election, they have to win seats in Scotland. As I drove back from Wales last night, Labour had one Scottish MP, when I arrived home, they had two. Labour won in Rutherglen … Continue reading
Posted in pensions
Leave a comment
Benefits restored as USS moves towards partial CDC.
BREAKING: 2022 cuts to pensions for thousands of university sector workers are to be reversed under an agreement between unions and the university sector.https://t.co/GXnAmgOF0T — Josephine Cumbo (@JosephineCumbo) October 5, 2023 This is great news for members of the USS … Continue reading
Benchmarking workplace pensions is not just for marketing!
Helen Ball has produced a superb article on benchmarking the workplace pension we are in against those of our neighbours. She starts like Jane Austen with a “universal truth – generally acknowledged”. We are all nosey and love to know … Continue reading
Posted in pensions
Tagged benchmarking, corporate adviser, Helen Ball, Ian Pittaway, Pensions, Sackers, VFM
Leave a comment
Getting in a car again.
Yesterday, for the first time this decade, I drove to a business meeting. I borrowed my wife’s car and drove up the M4 to Brentford to talk pensions with GSK. I had little choice else, there were no trains. Today, … Continue reading
Did Britain have a good pandemic?
The numbers are in The Continuous Mortality Investigation (CMI) has today published an analysis of mortality in 24 international territories. The analysis investigates mortality from the start of the coronavirus pandemic until the end of 2022. The key points are: England … Continue reading
Posted in pensions
2 Comments