Monthly Archives: September 2024

What future for DC pension consultancy?

The big three actuarial pension consultancies , by which I mean Mercer, Willis Towers Watson and Aon have a dilemma. They all are funders of master trusts (Mercer funds two) and Aon has its own GPP to boot.  WTW’s Lifesight … Continue reading

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USS gives its top brass an 18% pay hike despite writing off Thames Water

  The latest report and accounts for USS are out They show how the scheme is doing under a number of measures. As Toby Nangle says on BlueSky, “this is always helpful“. When I started writing about USS , 7 … Continue reading

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As with pop – so with pensions – the story will shape the spending!

Andy Haldane has been contrasting  in the FT of the bungled efforts of Oasis and the smart ticketing of Taylor Swift . David Bowie predicted a decade ago that the experience of a live concert would overtake the economic impact … Continue reading

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McPhail and I on taking pension tax-free cash before the budget.

There is no-one I more enjoy debating pensions with than Tom McPhail. I have recently applied to take my tax free cash early from my DC pot. I’m nearly 63 and in 2 years I have to pay off a … Continue reading

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I’m breathing the rare air of a DB pension!

Thanks to John Greenwood for publishing and thanks to my very dear friend Alan Chaplin for pointing out a couple of points that need clarifying. We are in the business of offering every DC saver a DB pension  and we … Continue reading

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If you think we have a pension problem, pity China.

Darren Dodd Writer and Commissioning Editor ‌ ‌ September 13 2024     This from the FT’s Darren Dodd made me think how far we’ve come in offering better retirements in this country. Not only do we live longer but … Continue reading

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Coffee Morning – Investment implications of the new DB Funding Code

You are cordially invited to attend our next event. Steve Barker, MD of Investment Consulting firms Barker Tatham and GPIC will update us on the investment implications of the new TPR DB funding Code. 🔵 What are the key messages … Continue reading

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Pension tax free cash- why it’s in Overton’s window.

I have been saying for some time now that I suspect the Government has cottoned on to the misalignment of tax privileges in pensions to the wealthy. When people think of tax-relief, they think of the savings they get against … Continue reading

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Watch Andre Kerr explain XPS Xchange at Pension PlayPen.

Thanks to Andre Kerr and team for an instructive and interesting exegesis of the XPS Xchange. The video of the event should be required viewing for anyone who was not at the event. XPS has launched a unique solution for … Continue reading

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Pensions Investment Reform in the Pension Regulator’s own words

If the Pensions Regulator published its response to the Treasury’s Pension Investment Review, it would , we can reasonably suppose, be along the lines of Nausicaa Delfas’ speech yesterday. Billed by Professional Pensions as a call to improved investment governance, … Continue reading

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