Monthly Archives: February 2025

We need more debate on how to invest in Britain’s infrastructure.

I went to the Methodist Central Hall yesterday to hear about this from John Flint, CEO of UK  National Wealth Fund. This morning I have found out about what “NWA” is doing to improve British housing. But I have to … Continue reading

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State Street’s bad behaviour catches up with them, a decade late.

I’m pleased to see People’s having the courage to do sack State Street from managing £28bn of people’s money. I am not able to comment on the aptitude of Invesco and Amundi but State Street is a bank that works … Continue reading

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People’s sack State Street for all but a slither of its £33bn “pension”

If there’s a shock headline for the investment community it’s the news from Mary McDougall in today’s FT. More later in the day but as the sub-line says, this will be a shake up for American investment managers wanting to … Continue reading

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Pension Dashboard may be delayed to 2027 or beyond.

The People’s Pension calls for delay to pension dashboard I wrote yesterday about my concern that concerns about agreed formats to help ordinary people organise their retirement income in retirement using the Pensions Dashboard were being challenged by TISA for … Continue reading

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Former FCA Chair, Randell on the regulators we ask for

  Charles Randell published this in linked in yesterday and wants it published on this blog. A group of us are meeting next week to get beyond “vibes and tribes” and I hope that this former Chair of the FCA … Continue reading

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Are Trustees bothered- Rosalind Connor says they should be!

Should Trustees be listening to employers from their pensions? Should they be worried about the financial strength of the employers whose workforces they run a pension scheme for? In a fun but sophisticated presentation, Rosalind explained how the law has … Continue reading

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All Pension dashboard projections should conform to State and Work pensions.

Tisa calls for standardisation on pension projections What with what? Tisa is an organisation whose job is to make people see their finances consistently. The Pensions Regulator is keen to get DC benefits presented to ordinary people who do not … Continue reading

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“Member outcomes?” what does TPR mean?

When we lived in a world of defined benefits we knew what benefits were, they were defined by the scheme and save for a few “cash-balance” schemes (which never caught on) , defined benefits are “pensions”, an income paid for … Continue reading

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Today- understand your DB pension’s future!

Today is packed with interest for DB fiduciary aficionados.   I’m pleased to see Rosalind O’Connor leading the discussion tomorrow at our Pension PlayPen coffee morning, organised by Steve Goddard. The question being asked is.. What are Trustees’ legal duties … Continue reading

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Chair Riddaway brings PMI members a day of delights!

Today marks three years of war in Ukraine, it is also the day the PMI is discussing with its members the future of Defined Benefit pension provision. I fear that there is little evidence of new pensions for people in … Continue reading

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