Monthly Archives: November 2023
TPR look at ways to help schemes “run on”.
Developments in the defined benefit alternative arrangements market 27 November 2023 / Mike Birch Protecting savers and supporting innovation are central to our work. In line with this, we are working closely with providers in the market to explore alternative defined benefit … Continue reading
A pot for life doesn’t mean a provider for life
When I think back to the start of my savings career (a 10 year MIP with Save and Prosper bought in 1979), I took my decision based on Life Assurance Premium Relief using a life insurer few (other than David … Continue reading
A bit of pride would come in handy
Ok, so there’s a fine line between being proud of your country and being xenophobic , this blog is being proud of living and working in Britain and being British, so if you want to hear more about our economic … Continue reading
LCP’s “huge” leap forward for Pensions…
I am really pleased to see LCP getting behind the Mansion House reforms. Here’s what Steve Webb has to say in more detail “Today’s announcement represents a huge leap forward in plans to allow well-funded DB schemes to invest for … Continue reading
Mansion House is not about saving better not more.
“The purpose of the Mansion House reforms is to make us save better. The reforms are not about us saving more – though restoring public confidence in pensions should lead to higher savings rates” This is not a parliamentary answer … Continue reading
Margaret Snowdon – a decade ahead of her time
It’s both joyful and painful to publish this Q&A from Margaret Snowdon. It’s a pleasure to read such clarity about the future of pension administration but frustrating when you remember that this piece is over seven years old. So much … Continue reading
Playpen 15,000 members and countless memories
The AgeWage and Pension PlayPen linked in group passed 15,000 members this week making it Europe’s largest dedicated pension group – and its best. Dedicated to restoring confidence in pensions, the group is now a robust posting site for … Continue reading
Pot for life spells d-o-o-m for DC consultants!
There are 1.3m employers in the UK operating pensions auto-enrolment, a few thousand of whom use the services of actuarial and employee benefit consultants.. So we can reasonably talk about the employers who pay for advice on workplace pensions in … Continue reading
Funds to tokenise – now let’s tokenise pension admin!
Great news arrived yesterday in the form of a statement from the Treasury that it backs a blueprint for blockchain-based technology to be used by investment funds. The funds industry says using the blockchain through tokenisation will cut costs for … Continue reading