Category Archives: age wage

Three lessons from the FCA’s retirement income market data

Posted on April 17, 2024 by henry tapper

My analysis of this data leads me to three behavioural insights People are concerned about “net cash” – not “gross before tax” People want control and ownership People prioritise today’s cashflow needs over a wage for life The data published … Continue reading →

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Jo Cumbo remembers Port Talbot

Posted on April 29, 2023 by henry tapper

If you could go to one of the two Facebook support groups for mis-sold BSPS pension Scheme this bank holiday weekend, you’d find this post Al Rush has put the last four minutes of this week’s VFM podcast, the minutes … Continue reading →

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A good day to become senior

Posted on November 11, 2021 by henry tapper

Today is 103 years since the armistice  ended the first world war and it is my 60th birthday. I popped out just after 11 am. My father, who delivered me , joked that Mum didn’t observe the minute’s silence. I … Continue reading →

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“Welcome to the corridors of corruption” (Con Keating unedited)

Posted on October 7, 2021 by henry tapper

This article first appeared in Professional Pensions , a little edited and under the title “state goals won’t override my duty. This is the unexpurgated version published the day after the Prime Minister outlined his vision for Britain at his … Continue reading →

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Private markets – a jewel in the crown or fool’s gold?

Posted on September 29, 2021 by henry tapper

A key aim for DC trustees should be to consider how to ‘further improve’ long term future net risk adjusted returns and ‘member outcomes’ rather than just cutting costs. Getting more for members! @GuyOpperman @DWP @TPRgovuk @TheFCA @ThePLSA @bankofengland @henryhtapper … Continue reading →

Posted in age wage, DWP, Fiduciary Management, Guidance, guy opperman | Tagged , , , , , , , , | 2 Comments

Can pensions impact for good? They’ve no choice but to.

Posted on September 27, 2021 by henry tapper

Pension funds balk at No 10 appeal to fuel UK investment boom https://t.co/jTpJz8qNMU — Josephine Cumbo (@JosephineCumbo) September 27, 2021 Reading Jo Cumbo’s excellent article on the reaction of fund and pension scheme managers to Johnson and Sunak’s call for … Continue reading →

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Reappointed Pensions Minister tweets his agenda

Posted on September 20, 2021 by henry tapper

Guy Opperman has been confirmed as Pension Minister following the recent reshuffle. This is a good thing for pensions. It should mean that he becomes the longest serving Pensions Minister this century and that his reform plans can be seen … Continue reading →

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Where will Nest’s £1.5bn private investment go?

Posted on August 31, 2021 by henry tapper

Nest wants to invest £1,500,000,000 into private markets, meaning just under 10% of our money will not be invested in public stock exchanges or debt markets but in companies that raise money other ways. Actually £1.5bn is not a lot … Continue reading →

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Keating moves the dial towards collective DC pensions.

Posted on August 26, 2021 by henry tapper

The work done by Iain Clacher and Con Keating on creating a consistent  framework for a fair , sufficient  and sustainable way of returning to funded pension provision is too important to sit on an academic bookshelf. We have DC … Continue reading →

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Are our workplace pensions doing any good?

Posted on August 24, 2021 by henry tapper

  Employers choose a DC pension for their staff for different reasons. During the staging of auto-enrolment, the capacity of the provider to manage compliance with regulations was a key criterion for medium sized employers; the capacity to set a … Continue reading →

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