Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
That is a good point about the ordinary person/voter due to being too poor to get interested in political donations.…
Monthly Archives: September 2024
Outside the trains don’t run on time
It was a joy to host a meeting yesterday of some 60 colleagues with a common interest in meeting the needs of ordinary people who want a pension from their workplace pension. We heard for openers from Guy Opperman and … Continue reading
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Tagged Andy Haldane, annuity, Edi Truell, Guy Opperman, Margaret Snowdon, Pension Superhaven, Pensions
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Pensions fail to get a look-in at the Labour Party Conference
The vote on the Winter Fuel Allowance (WFA) at the Labour Party Conference was a protest vote, made on the morning after the speech before. Apparently the hall was half-empty reminding the Guardian of a Zombie Apocalypse Liz Kendall found … Continue reading
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September 26th 2024 – it could be a big day for pensions in the UK
It’s an exciting day for me; we are hosting an industry event this afternoon looking at how we can turn pots to pensions. As I wrote yesterday, this is a hot topic for those involved in creating pensions out of … Continue reading
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Why does nobody want to pay pensions anymore?
Twenty years ago, fund managers aspired to pay workplace pensions to staff of large companies, now they are confined to the margins as the investment of our retirement savings has been handed to a few passive managers whose pooled … Continue reading
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Nick Lowe, Brentford and Pension Bees!
Nick Lowe lives in Brentford. I lived in Brentford for a time and I liked it. My Dad’s Dad was Methodist Minister for the Hounslow circuit and he lived in Brentford. My son and I went to see Nick Lowe … Continue reading
Pension industry all at sea over pots and pensions.
The Pensions Schemes Bill, announced in the King’s Speech 2024, will require pension schemes to offer retirement products, so people will have “a pension and not just a savings pot when they stop work”. This is not a quotation from … Continue reading
My Nest is my Crib!
Thousands of people may find themselves living in houses built and rented to them by their pension. If their pension is with Nest , their Nest could also be their Crib following plans unveiled yesterday by L&G, Nest and … Continue reading
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How should Rachel Reeves incentivise private investment in UK growth?
There was enough in Rachel Reeves’ first speech to the Labour Party Conference as Chancellor to make pension people’s ears pick up. Though there will be some tinkering with the way that the Government measures the value of its investment … Continue reading
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Riddaway stars on Pension PlayPen – “it’s going to be Friedkin good”
Friedkin good Unlike some of Britain’s annuity insurers, Everton has been saved from 777 by Dan Friedkin. Meanwhile , in a similar move, Bobby Riddaway is busy turning round the fortune of HS Trustees, a firm he took charge of … Continue reading
From gold to rust – time to sort pensioner pay?
The story is a simple one. Hundreds of thousands of people who have defined benefit pension rights built up before 1997 have not and are not getting any increases on their DB pensions. Most pensioners in private sector DB plans … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…