Monthly Archives: October 2025

Why are banks so rubbish at workplace pensions?

The chart shows how “pensions” fit into a retail structure alongside protection and investments. This blog explains why workplace pensions do not fit on this organigram and why banks are so bad at doing pensions. Yesterday, I wrote a piece … Continue reading →

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Will “Single Purpose Pensions Authorities” suit Surrey and the LGPS?

I have interest in Surrey’s pension affairs, Surrey is a neighbour to Berkshire and the City of London and many of my family and friends live and pay council tax and business rates there. Its Pension Fund has helped my … Continue reading →

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A great British Fintech is no fit for NatWest.

It is intriguing to consider what Cushon’s workplace pension (let’s put aside their ISA) to the three named suitor. There are many others who might have been on the suitors list, where the prospect of the master trust achieving Scale … Continue reading →

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We have a Government that respects pensions – let’s be thankful.

Politics are playing the right way right now. The Pension Minister has never got the prominence that Torsten Bell got last week when making announcements on how pensions were an important part of British pension policy. There is a video … Continue reading →

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Millions need us to deliver on CDC by 2027 ; here’s why- here’s how!

Many of us (the three in the picture especially) have been waiting over a decade for a CDC plan to run and to be in. The three of us were at The CDC Forum CIC event on Wednesday when the … Continue reading →

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Pension heroes or Pension zeroes – pre-97 and under payment of indexation.

The Minister termed those with a pension vocation “pension heroes”. This is a blog in praise of such people and against those who I call Pension Zeroes, those who stand against people getting their fair share. Readers of this blog … Continue reading →

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CDC today and tomorrow – PlayPen coffee morning 10.30 Tues.

You are  invited to attend our next online Coffee Morning next Tuesday Next week Henry Tapper will be hosting a conversation with Chris Bunford and Tuesday’s audience. They will be taking a deep dive into the possibilities of CDC now … Continue reading →

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McPhail lays into Bell over mandation

Ed Miliband is no longer the most dangerous man in government Forget the energy secretary, it’s the minister rewriting pension rules and lending a hand on the budget that you need to worry about Tom McPhail Since Labour took power … Continue reading →

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CDC’s got a hard centre. Tough talking from DWP (4 TPR)

This blog bites inside the sweet messages of a 60% better pension for members to find what the DWP (and its regulator) have in mind beyond what was laid in 2022, is being laid now but what will need to … Continue reading →

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Why keeping at retirement transfers separate from whole of life CDC makes sense

CDC creates pools of money that pay “aspirational” pensions.  Aspiration – the word that was dropped in favour of “ambition” by Steven Webb, reappears in the consultation that arrived yesterday, This is it… In whole-life CDC schemes, member and employer contributions are … Continue reading →

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