Monthly Archives: October 2023
“Consolidate or die” – the DWP tells workplace pensions.
The Department for Work and Pensions (DWP) has launched a consultation seeking views on further proposed changes to the general levy on occupational and personal pension schemes. Their excellent press release tells you what you need to know about the … Continue reading
Posted in pensions
Tagged Andy Cheseldine, Consolidate, consolidation, die, Pensions, small pots
1 Comment
Truell addresses the DB consolidation crisis on Thursday
Truell to form – Edi’s on Zoom on Thursday I’m very pleased to hear Edi Truell has been booked to speak at the SG Conference I wrote about earlier this week Digital comms from Edi tend to be brief … Continue reading
Posted in pensions
Leave a comment
Stefan Lundbergh decodes decumulation for us!
It’s been a long time since I’ve had the privilege of re-publishing one of Stephan’s articles. This is a real corker, bringing us up to date on latest world-wide thinking on the “post-retirement solution for DC savers”. You can read … Continue reading
How will the PPF fare playing away? Join us at 10.30 to see
A senior DWP official once described Nest to me as “the home team”. I guess they must feel the same way about the Pension Protection Fund. Both Nest and the PPF are hugely successful in fulfilling their briefs … Continue reading
Posted in pensions
Tagged David Taylor, pension playpen, Pensions, ppf, Shalin BHAGWAL
Leave a comment
IHT mitigation funds plead for IHT to remain – shock!
I wrote recently about why I see IHT as a tax that should be abolished. My argument was based on it attracting small revenue at great cost (both in collection and to the reputation of HMRC as ghoulish. To these … Continue reading
Now I understand agender exclusion
I didn’t know there was such a thing as “agender”. Maybe a typo, but not a thing, It turns out to be a term for people who don’t align to any gender at all. Which of course is confusing … Continue reading
Posted in pensions
Leave a comment
I’m more worried about benefits getting the chop than that Sycamore tree.
The Minister for employment, Guy Opperman has been quiet on this. He has had issues with the Sycamore Tree felled in his constituency. Sadly it is true that the iconic tree 🌲 at #SycamoreGap has been deliberately cut down overnight. … Continue reading
Posted in pensions
2 Comments
BP’s rotten core put self-interest above pensioner promises.
In an open letter to BP Board Chair Helge Lund, BP interim CEO Murray Auchincloss and BP Pension Trustees Chair Brendan Nelson. Alex Kent – a BP pensioner writes A dispute has arisen between BP and defined benefit BP pensioners. The previous bp … Continue reading
Time for Corporate Sponsors to Embrace DB Schemes as ESG Flagships
This post is by William McGrath, formerly CEO of Aga-Rangemaster, now heading C-Suite. He is one of a breed of entrepreneurial leaders who see pensions as a force for good , rather than a millstone around the finance director’s neck. … Continue reading
Time for a Pension Revolt by Current Employees
William McGrath is not a lifelong agitator. Until recently he was CEO of Aga-Rangemaster. He is the kind of person you’d expect to bump into at CBI conferences (if they still had them). His is the authentic voice of the … Continue reading