Monthly Archives: October 2024

Lord Blunkett’s letter on taxing pension contributions

This is what Lord Blunkett wrote and the Times published yesterday Sir, The widespread reporting of a possible extension of employers’ national insurance in next week’s budget is very worrying (news, Oct 23 & 24). It is one thing to … Continue reading →

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Michelin Tyre Plc ; NO GRIP- NO STARS ; William McGrath

Trustees, Company and Advisors Still Spinning There is no grip and no Michelin stars in the UK pension scheme’s track record.  A sad, lame deal announced this month sees Aviva given £1.5 billion to drive off with it and a … Continue reading →

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TPR Leveraged LDI survey – Iain Clacher & Con Keating

This article has kindly been written for this blog by Con Keating and Iain Clacher TPR Leveraged LDI survey This year, TPR’s annual DB and hybrid (mixed benefit) scheme return template contained new questions on liquidity and leverage. There are … Continue reading →

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6 tips to win in the reorganisation of pension investment.

Even without the corporate DB schemes that Rachel Reeves has carved out of her recent investment review, Reeves has the best part of £2 trillion pounds in DC and LGPS funds that can be partially allocated to grow those parts … Continue reading →

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Coercion or mandation?- Rachel Reeves’ will get her way.

Coercion mandation or nudge? Back in 2018, Rachel Reeves published a long and very earnest document which this blog did not pick up on. Why should it – back then Reeves was an obscure opposition politician. But today it gives … Continue reading →

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“Sole mates IV- the video”. LCP walks us through the trustee landscape

LCP’s Nathalie Sims and Laura Amin expertly take us on a ramble through the professional trustee’s current landscape, pointing to the polarisation between traditional self-owned and the new Private Equity owned businesses. Along the way we have pleasant diversions by … Continue reading →

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The pension endgame as an interminable goal-less draw

By coincidence, I spent this morning listening to LCP talking about the pension trustee and this lunchtime reading about how sponsors should ignore him/her at their peril. From experience,  I find the conversation between trustees and employers a little awkward. … Continue reading →

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The risks for the Government of its Pension Dashboard

The Government appears to be reverting to its safety first policy on pension dashboards, putting its eggs in the MoneyHelper basket and kicking the commercial dashboards down the road. Since any delay in dashboard-land is measured in years rather than … Continue reading →

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LCP’s Sims and Amin;- “Sole Mates – today 10.30 – free link

There’s a lot of talk about PTs this week as TPR announces its looking into the impact of private equity on the professional Professional Trustees. Several conversations I’ve had with consultants recently have focussed on “scope creep” with consultants worrying … Continue reading →

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An alternative debate on risk, governance and advice – (between practitioners)

    I wrote a blog on Sunday – Sunday Morning- John Plender and a song to the moon.  It has had brilliant comments on it- as usual the comments are rather better than the blog and do John Plender’s … Continue reading →

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