Monthly Archives: October 2025

Extracting DB surplus with Christos Christou

Christos Christou is a  PMI Professional Trustee and has produced this proposal to the Pension PlayPen . For more details scroll to the bottom of this blog. The Challenge • Based on DWP’s impact assessment (Sept 2024), the Government’s surplus … Continue reading

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Struggling to compute the risk of being paid a pension by Microsoft?

7.7% of my savings for retirement are invested in one company – Microsoft, more than a quarter in one sector, US technology. By comparison less than 4% of my savings are invested in the UK. When someone who runs a … Continue reading

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A roadmap for a CDC pension by 2027?

This morning I set out what I see (from the private side) what the DWP see happening (from the public side). This blog looks at the Roadmap for Retirement CDC ( transfers that result in immediate pensions being paid – … Continue reading

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At last a plan for all pension schemes to pay pensions.

The shot is of Terry Pullinger speaking at a First Actuarial Conference many years ago. He , one company (Royal Mail),  and a few enlightened advisers got CDC going. This blog is a reminder of where what we are enjoying … Continue reading

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Pension Credit – new figures reveal large regional gaps

Fresh drive to boost Pension Credit take-up as new figures reveal large regional gaps in those receiving benefit worth around £4,300 a year A new trial to boost Pension Credit take up is underway after analysis showed significant regional disparities … Continue reading

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Have Standards Phoenix and watch how you go with Americans !

I had a question to the CEO of Standard Life’s retail annuity business – “where’s Tom Ground”. I’ve found out since that meeting. Tom’s on gardening leave awaiting his departure because the cupboard is bare. Tom is CDO of the … Continue reading

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Pensions screwing leaseholders? We say- “cap freeholder fees”!

I have received a message from my friend Harry Scoffin, a young man who spoke at Pension PlayPen on rapacious behaviour of freeholders to leaseholders. Here’s what young Harry has sent me This has just dropped in the FT tonight: … Continue reading

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Don’t make trophies of your CDC trustees – TPT!

TPR would like us to be impressed. TPT thought it warranted a press release , they wanted headlines in the trade press- they got them. This was marketing. I’m not impressed by using Trustee appointments as marketing. The trustees TPT … Continue reading

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Five reasons for opening this blog, CDC,CDC,CDC,CDC,video!

This is the Video of one of Pension PlayPen’s best ever coffee mornings. Just check out the faces on this screenshot and you’ll get some feeling for what happened over 61 glorious minutes of excitement about CDC. Here are five … Continue reading

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CDC: “How do you make it fair?” not through liability driven investment!

The point of multi-employer CDC is that you share things. You cannot run a scheme on a lifestyle basis, where you invest for how long your members are going to choose to be in the scheme, you must assume they … Continue reading

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