Monthly Archives: November 2023
The financial consequences of dying
We seem to be a nation pre-occupied not so much with the after-life as the after-death. Perhaps our obsession with planning ahead, whether it be funeral costs or the settlement of our affairs with the tax-man, allows us a … Continue reading
The award is for what you deliver to your customers – HELLO FRIDAY!
Congratulations to everyone who was dressed up last night for whatever awards ceremony you were at. Award ceremonies now happen on Thursday nights making “Hello Friday” a business of waking up in a hotel bed with a stinking hangover and … Continue reading
“A word in your ear about pensions, Jeremy”
“Jeremy, as your new number two, I’m supposed to be getting my feet under the table right now, but I couldn’t help noticing you have an autumn statement to make next week and since I didn’t get my … Continue reading
Shame on insurers for blocking pensions “running-on”.
The scope of this, and the creep, will be crucial. One insurance exec told me any move that “blew up” the buyout market would put at risk previous pledges from insurers to invest £100bn in infrastructure and other long-term assets. … Continue reading
Posted in pensions
2 Comments
Morrisons – auto-enrolment hero to pension zero
When the staging of auto-enrolment started in 2012, one UK employer stood out for going above and beyond the requirements of law, that firm was Morrisons. Nearly 9 years ago to the day, I wrote a blog “It worked for … Continue reading
Help – I’ve been chat GPT’d!
Ever get the feeling that the person on the other end of an email doesn’t mean a word they say? If you are the victim of inauthentic claptrap from ChatGPT you are probably left feeling what might be described … Continue reading
TPR calls for workplace pensions to become “full service providers”.
Our vision, shared by government, is that, over time, all workplace schemes should become full-service providers. This would involve providing services for saving into a pension, accessing pension savings and post-retirement support. Lou Davey- TPR November 2023 Yesterday, I re-blogged, … Continue reading
Posted in pensions
3 Comments
TPR on the challenge of turning pots to pensions
Helping savers to access their DC pensions savings: the principles that will guide us, the challenges we must address 15 November 2023 / louisedavey Nobel Prize-winning economist William Sharpe once described accessing pension savings as the “nastiest, hardest problem in finance”. Indeed, … Continue reading
Cost disclosure for investment trusts – Treasury takes charge
Following Ros Altmann and Sharon Bowles assault on the misinterpretation of EU regulation over investment trust cost disclosure, I understand that the matter was also discussed in the House of Commons , drawing this comment on linked in. Investment … Continue reading
Posted in pensions
Tagged Investment companies, Investment trust, Pensions, Treasury
Leave a comment
Have we passed the high-water mark for pension scheme funding?
News of a sharp fall in inflation this morning (to “only” 4.6% pa) will feed through to expectations of lower interest rates, lower gilt prices and higher valuations of pension scheme liabilities. The question is whether the current balmy conditions … Continue reading
Posted in pensions
3 Comments