Monthly Archives: November 2023
Misleading cost disclosures are reducing investments in alternative energy and harming UK growth- Altmann
This blog is written by Ros Altmann and republished with her permission. She considers the plight of investment companies (investment trusts) , “an emergency situation”. It is published on Ros’ blog UK investment Companies are ready-made for kick-starting pension investment … Continue reading
Just desserts still have to wait – 6 years on.
OTD in 2017 that I persuaded Henry Tapper to visit Port Talbot with me to listen to BSPS steelworkers. Appropriate therefore, that exactly 6 years on, the Daily Mail exposes Darren Reynolds. Six years on, astonishingly, the fight for justice … Continue reading
LCP lays down a marker for the future
LCP has published an open letter to Pensions Minister encouraging her to use the Mansion House reforms to ease inter-generational issues over the future of the planet by getting pensions invested for a purpose. The timing is not great, … Continue reading
“Not my Government” – discontent over pension policy meltdown
The consensus from people I have spoken to , following the King’s Speech is that the Government we have today has lost its legitimacy and is increasingly looking like a marketing tool for the Conservative party at the next general … Continue reading
Yeovil equal club record with 12 wins on the bounce
If #YTFC win on Saturday, it will be a club record nine league wins in a row. They last won eight en route to promotion to the Championship. Glovers on 🔥 https://t.co/bCSVPOnWpu — Sheridan (@SheridanRobins) November 8, 2023 12 wins … Continue reading
Posted in pensions
Leave a comment
The cost of pensions crisis is only just beginning.
At yesterday’s Pension PlayPen coffee morning, Con Keating made an important point ab0ut the lag between interest rates rising and those rising hitting household spending. This came as a surprise to me and many others in the room as … Continue reading
What is Mansion House’s Plan B?
There are two ways to react to the disappointment of not having a pensions bill in the Kings Speech. The first is to let rip at the DWP and a process that has had the pensions industry engaging in … Continue reading
WTW asks “why is the PPF proposing to charge £100m of levies in 2024/25?”
My good friends Jo Shepard and David Robbins have clubbed up to write a blog on the PPF levy which I shamelessly re-blog without amendment – as I agree and cannot aspire to improving what they write in any … Continue reading
Will we get a Pensions Bill today? What should be in it?
This morning Pension PlayPen will be debating what we’d like to see in the King’s Speech, which Charles III will make later this morning. Indeed by the time we’ve shut up, the King may already be in full flow. … Continue reading
Posted in pensions
Leave a comment
Clara’s triumph, a real deal or an expensive proof of concept?
Several people have commented on yesterday’s post that the £30mn buffer provided by Clara to support the £600mn Sears pension appears ” a little low”. A bit of digging into the Sears accounts reveals that the scheme has … Continue reading