Category Archives: accountants

Workplace pensions – what we pay and why we pay it!

David Hutchins , who is the presiding genius at Alliance Bernstein, a firm whose investment services power many workplace pensions has written a strongly worded piece in the FT that calls on product providers to ensure savers know what they … Continue reading

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Green pensions? How the DWP are looking to take the luck out of the pot.

Gina Miller is right on this Encouraging people to go green with their #pensions is an excellent aspiration but be very cautious @GuyOpperman Until @TheFCA protects consumers by granting 100% transparency of holdings, acts to stop #greenwashing – this could … Continue reading

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Seven ways to improve Defined Benefit funding

In March 2020, The Pensions Regulator (TPR) opened a consultation on its proposed revisions to the DB funding code. In framing its response, First Actuarial proposes seven ways to change DB funding for the better. What do we want the … Continue reading

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Ros Altmann’s response to TPR’s DB funding code consultation.

I have asked for responses to the Pension Regulator’s consultation questions and Ros Altmann has obliged. As a member of the House of Lords and former Pension Minister, I hope Ros’ replies will be of particular interest Continue reading

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Why your pension records – like your medicals – should be yours by right

This blog sets out for the first time a fundamental right of the retirement saver, a right to see their pension record in a digitally readable format. Continue reading

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What we don’t consider matters

Listening to Victoria Derbyshire talking about domestic abuse on the radio this morning , I was struck by one insight. When asked why domestic abuse had been such a low priority at the start of lockdown she observed that as … Continue reading

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Prem Sikka’s peerage – its value to accounting , governance and pensions

Prem Sikka, too, is an appointment to be welcomed as strengthening the Lords pensions team. Read his monograph from 2006, “Pensions crisis a failure of public policymaking”, https://t.co/xBHu7dgVKJ. Chapter 2: THE PENSIONS CRISIS: FACT AND FICTION explains the valuation and… … Continue reading

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The mess we’re in (pt.1) and how we got here.

Iain  Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading

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Is HMRC handing the low-paid pension saver a Pyrrhic victory?

The government has today published a ‘call for evidence’ on how to address the different outcomes for lower earners, depending on whether their pension schemes use the relief at source (RAS) or net pay method of tax relief. The call … Continue reading

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A great report on tax injustice from the ABI at prayer.

It’s a good and timely report and its analysis of inequality is excellent. But it is only addressing a quarter of the Government’s incentives bill and the solution it models is a lot more painful to the mass-affluent than the report implies Continue reading

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