Monthly Archives: February 2025

Sarah Smart to move on from TPR in July

Sarah Smart is leaving the Pensions Regulator. I have recently written about the tremendous impact she has made to Pensions and to many like me.   This is what the Pension Regulator’s press release has to say   Chair of … Continue reading

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From Eton Street to Eton – we love Liverpool and Everton!

I have some Liverpool friends and some Everton friends and by writing that down I realise that I am defining them by their football allegiance. Damion is a Liverpool fan and Bobby an Everton one and I expect that both … Continue reading

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Why are local LGPS costs so mad? – Toby Nangle explains!

At some stage over the emotional past three days,  I submitted an attempt to win a WTW journalistic award. I know I won’t win it but I do think that people who make an effort to explain themselves , have … Continue reading

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IFS, isn’t this why we are building dashboards?

You can download the report here. The IFS are telling people 10 things they already have – which annoys them The number of deferred small private pension pots is large and growing. The proliferation of these deferred small pension pots … Continue reading

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Backdrop for 2025 DB valuations.

I am sorry not to have made it! I was pressing away on my iPhone as the Queen Elizabeth train took me up from Slough to Farringdon in London. But it would not obey my instructions. Thankfully, I have the … Continue reading

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Sessions at Sessions

I find myself wanting to work in a different way. I like to think early in the morning, from 4.30 at my computer dealing with the work that I am doing getting new pension structures off the ground and considering … Continue reading

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Stop Bulk Transfer Waste : Recycle DB Pension Surpluses

“Pens down on risk transfers”, trustees and consultants urged at Mercer Conference.   At the Mercer Risk Transfer Conference (Tues 11/02)  in a debate with life insurers Rothesay and Just, Con Keating and William McGrath argued that bulk transfers are … Continue reading

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Hymans Robertson debating pension funding this Morning.

First the advert.. Tuesday (today) 10.30 am event ; free ticket at the bottom of the blog. Having made a mistake and locked myself out of the excellent session led by Pensions for Purpose, I’m not going to do it … Continue reading

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How political can LGPS get! Let’s rid it of localism.

The Andrew Gwynne affair seems to have something to do with pensions, as Michael Crick reports. Tameside runs the Greater Manchester local government scheme, the largest in the UK. The gov want it to invest for growth but local councillors … Continue reading

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UK pension assets fall – while DC savings assets do much better

It is one of the most curious and intriguing papers produced recently and it’s produced by Willis Tower’s Watson. While DC savers remained in good shape , investing in long-standing assets which have returned growth, DB plans have suffered low … Continue reading

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