Kim Gubler
It is rather fun to have Kim Gubler on Darren and Nico’s podcast this week. Kim Gubler Consultants has sold itself to IGG in a deal which Kim says ensures its independence but gives itself access to IGG’s private equity squillions. Having known Andrew Bradshaw a few years I’d like to congratulate Kim and associates.
The stand out star of this podcast is the one legged pigeon known as Ronnie, who – being of a certain age – has fallen in love with Claire the lady pigeon and is seen on the podcast (matching keeping your independence to IGG).
The stand out discussion point is the discussion of value for money, at least as it is developing as a response to the FCA/TPR proposal. The lads and the lady are of the opinion that leaving it up to DC schemes to provide employers let alone with members with information about the performance of their pension plans (and whether that is valuable relative to what can be got elsewhere ) is going to be ready around 2050.
Commendably, Kim points out that if they bypassed the actuarial mysteries and simply used the data that schemes carry on money in (when and how much) and money out (value at the day of of analysis) we could have a consistent system of evaluation that could be available today. This line would have worked had she not mentioned that it is the system that has been delivered by Henry Tapper’s AgeWage.
It has been 140 sessions that I last appeared on this podcast and I don’t see myself appearing on the pod much before 2050.
But back to Kim Gubler and what is a really most excellent 72 minutes.
Kim and I have had many happy trips to horsey events and I started working with her when she led the Bacon & Woodrow DC research team in the early years of the century. She has a collection of acronyms that she had directed but I think PASA, Smart Master Trust and the are her current priorities.
She points out that the small pots program which has spent a decade going nowhere has been given new momentum by her work with Maurice Tetley.
It’s great to hear Kim, determined to get back to work at the end of this splendid session. I can’t remember 72 minutes worth of this podcast which has been so dedicated to the subject it is about. As I finished my listening, I had a variety of birds waiting out on our patio feeders including a woodpecker , a bird after which Kim’s offices are named. I am sure they had been attracted to my feeders by the story of Ronnie and Claire.
Ronnie and Claire?