Monthly Archives: April 2024

When will Labour get its pensions act together?

  Back in September 2023 we learned that the Labour party had announced that Gill Furniss, MP for Sheffield Brightside and Hillsborough, had been appointed as the “new” Shadow Pensions Minister following the Shadow Cabinet reshuffle. Furniss took over the … Continue reading

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People’s put the boot into “tea and cake” ESG.

For those of us who thought People’s Pension (now Partnership)  had no ambition with its £22bn of assets, there is this. The commentary I have read so far suggests that People’s Pension is gunning for State Street – which manages … Continue reading

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Rockstar of mountebank? How do we see the AI evangelist?

  This morning Phil Calvert will talk to us on Artificial Intelligence and how it is likely to impact our retirement plans. It looks like open season for AI experts. infact I haven’t seen such a mass migration from marketing … Continue reading

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A country for old men (and women)- Pension Oldie’s advice to WTW.

I will resist giving Pension Oldie a regular column on my blog , only because I want him to enjoy his retirement without the curse of deadlines. He is however, a commentator of great merit and he has commented on … Continue reading

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Call for expressions of interest to provide drawdown administration

  In a break from tradition , I’m calling on readers to recommend me firms who have capacity and capability to provide drawdown administration (record keeping, payments and Member and HMRC interface) to a trustee investment plan run inside an … Continue reading

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WTW call for employers to default member contributions to max

A new white paper released today by WTW emphasises that UK employers, pension trustees, pension providers and regulatory bodies need to take steps to protect workers’ futures.  Employers should consider changing their defined contribution (DC) pensions default to start enrolling … Continue reading

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FTSE 100 at record level (just saying)

The UK stock market has come in for some sustained criticism. As we start a new week, let’s remind ourselves of what happened last… Let’s look at how our market index of leading stocks on the London Stock Exchange has … Continue reading

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Adrian Boulding keeps my faith in CDC

In this article published  by Dunstan Thomas last August, Adrian Boulding argues for CDC as a means to boost pensions by taking away unwanted guarantees. Adrian and I are friends and when I first discussed our plans to provide DB … Continue reading

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Decisive action needed on Thames Water now.

  Travel a mile east of Windsor and you get to Datchet, on the one side of the river are the grounds of Windsor Castle, on the side pictured is the road to Old Windsor, this picture is taken pretty … Continue reading

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Steve Webb’s Ludgate Lecture on the state pension.

In this lecture, Steve Webb gives us what he calls  a two course meal The first course looks at  how it  is  that Government is getting its administation so wrong on the payment of the State Pension Steve’s charitable answer … Continue reading

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