Monthly Archives: February 2023
Better poor pension contributions than a poor credit rating
I got to do my podcast with Nico Aspinall and Darren Philp yesterday and one of the pension news stories we discussed was a report from Aon that savers into Aon managed pension schemes were saving less or even stopping … Continue reading
Nest’s big IT cock-up – what does it mean for savers and employers?
Credit to Professional Pensions for republishing a story that had been circulating in IT circles all month. At least we have a trade press capable of getting a scoop out of recycling a week-old story in the IT trade … Continue reading
How should you divorce your financial advisor?
Marriages always start so well and that’s the same if you are getting into a relationship with a spouse or your financial advisor. Many people selecting an IFA find themselves in “shock and awe” at a handsome report presenting … Continue reading
Advisers should welcome (not fight) the FCA’s review of in retirement advice
Thankfully , I find Al Rush’s tweet shocking. If I didn’t – I could have no faith in financial advice and financial advisors. @henryhtapper 👇🏻 https://t.co/IWPFzjn9vx — Rush (@exRAF_Al) February 8, 2023 The vast majority of clients of IFAs rightly … Continue reading
Why we need to be patient about patient capital.
This is a really excellent piece by @helentbiz, not least because it touches on the fact that there do actually have to *be* projects to invest in in the UK + how the DC market (even with consolidation) will take … Continue reading
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“A good way to kick off the debate” – Now let’s get this VFM Framework over the line
The headline was given me by the DWP’s Des Healy after Pension PlayPen’s hour long debate on the VFM Framework. Unsurprisingly, it was one of our best attended events. Surprisingly, we heard not just from Des but other … Continue reading
Selling pensions by the sausage not the sizzle!
There’s an interesting debate going on in Australia about what sells Super. Super is the Australian system of delivering retirement income from workplace savings (it’s short for Superannuation) – a pension paid to a retired employee who has contributed … Continue reading
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Tagged Bloated, Impact, Jim Hennington, jo cumbo, Pensinos, Pensions grants, Productive Capital, Social housing, Super, VFM
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The Lords’ findings and recommendations on leveraged LDI.
In a strongly worded report, the House of Lords Industry and Regulators Committee has criticised the use of leveraged liability-driven investment (LDI) strategies by defined benefit (DB) pension funds, which played a significant role in the financial turmoil following the September … Continue reading
IFS found touching our unmentionables (hands off our tax-free cash)
“Fiscal purity is admirable – but” Steve Webb, himself once a pensions provocateur at the Institute of Fiscal Studies draws his red lines between his current and former employer! In this article I look at what happens when the sacred … Continue reading
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Tagged holy cow, IFS, Noli me tanger, SteveWebb, unmentionable, untouchable
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While we slept
While we slept, people lay trapped in pain and without relief in freezing cold in southern Turkey and Northern Syria. While they were suffered I was dancing to a band in Brighton and talking with some refugees from Iraq after … Continue reading