Monthly Archives: March 2024
Swiss vote themselves a Pension for Christmas!
This article originally appeared on the BBC website (thanks to J Cumbo for highlighting it Swiss voters have given themselves an extra month’s pension each year – in a nationwide referendum focusing on living standards for the elderly. The government … Continue reading
40 years on from the miner’s strike, coal worker pensions are still producing
When I was up at the PLSA event, I sat down next to an unassuming chap as we waited to go into the plenary. Hello Henry – he said. I looked down his lanyard for a peak of who it … Continue reading
What pensions mean to small businesses (Jeremy Hunt).
This is a blog that looks at small business owners and the testy relationship they have with workplace pensions. I am chair of one such business and have recently completed a long questionnaire from the Federation of Small … Continue reading
The FCA shouldn’t exclude pensions from “simplified advice” – Gareth Morgan
Most advisor talk this week has been about the consumer duty and the impact of SJP’s fall from grace. In the midst of it , I received a message from my friend Gareth Morgan with a submission to Government and … Continue reading
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IFAs fear contagion from SJP’s fall from grace
It’s hard to underestimate how frightened the financial advisory community is over the decline in St James’s Place’s fortunes. For years IFAs have moaned about the collateral damage SJP’s high charges are doing to their reputation. But when SJP’s fortunes … Continue reading
The price members are paying to de-risk their employer’s balance sheet.
How did the Boots pension scheme change? It was bought out by Legal & General Why couldn’t Jon Swinson retire? Because Boots paid L&G £640m to buy-out their pension liabilities rather than pay pensions they’d promised but didn’t guarantee. Boots … Continue reading
Will we improve pension VFM with British investments ?
The timing of the story suggests a midnight embargo. The FT (never to be caught short on a scoop) is also running the story as a budget leak. The Telegraph Bloomberg and Citywire are all running the story. this … Continue reading
Will Hunt’s pension bombshell catch you with your pants down?
It’s a proper old fashioned scoop for the Treasury. While the pension minister and the DWP are having cosy round tables with the PLSA in Edinburgh, Jeremy Hunt’s getting the press-packs ready for a full scale onslaught on bad practice … Continue reading
Free link to Norma and Harry’s leasehold question time – Tuesday 10.30
Having conspicuously failed to find any opportunity to discuss the issues facing residential leaseholders at the PLSA investment conference, my attention turns to next Tuesday (March 5th’s) Pension PlayPen coffee morning , when Norma Cohen, Harry Scoffin and I will … Continue reading
PLSAinvest24 – the bland leading the bland?
In terms of attendance and overall satisfaction levels, the PLSA’s 2024 investment conference was a success. In terms of moving on the key debates on how pension funds should be invested , what makes for good governance and how benefits … Continue reading