This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
Category Archives: age wage
Sexy-cash is back incentivizing pension transfers – let’s nip this in the bud
When you move your pension to an AJ Bell Youinvest SIPP, we’ll reward you with between £100 and £2,000 cashback to say thank you. The more you transfer, the more you’ll get. T&Cs apply. Capital at risk. Check for benefit … Continue reading
Posted in actuaries, advice gap, age wage
Tagged AJ BEll, Pensions, Sexy-cash, Steve Webb
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Is GMP equalization an opportunity or a sand trap for advisers?
There is a roaring silence surrounding the second judgment on GMP equalisation which was delivered against the Lloyds Banking Group pension scheme but impacts all DB pension schemes that contracted out using the Government’s system of Guaranteed Minimum Pensions. The … Continue reading
The four green leaves of the clover
It’s my privilege to attend the three-weekly sessions of the Pensions NetWork and I’ve found them a welcome relief over this year of lockdown from the trials of the diurnal round. The 80 minute sessions are positive, informative and intellectually … Continue reading
Posted in actuaries, age wage
Tagged Climate change, John Moret, Jonathan Parker, Make My Money Matter, Maria Nazrova-Doyle, Tomas Carruthers, TPNW
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The Regulator’s not for turning; in conversation with David Fairs,
David Fairs and I were born within a couple of months and have both spent our careers in pensions. We enjoy each other’s company so when David suggested that we spent the last 90 minutes of the business week … Continue reading
Posted in age wage, Blogging, pensions, Pensions Regulator, Politics, Public sector pensions
Tagged David Fairs, Pensions, The Pensions Regulator, TPR
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Saul Jacka on “Regulation, risk and (defined benefit) pensions”
Published with the kind permission of the author.
Pension savers -“What’s the value of your money?”
There’s a lot of argument amongst pension experts about what value for money actually means. Here’s the provisional result of a poll we are doing on Facebook this week We don’t think there should be any argument, the only “value … Continue reading
Are our pension schemes the treasury’s piggy bank?
Yesterday I published a series of tweets from Jo Cumbo on the difficulties the Pensions Regulator would have balancing the interests of members and sponsors with the interests of Rishi Sunak in getting schemes to invest in the nation’s infrastructure. … Continue reading
Posted in advice gap, age wage, pensions
Tagged DB pensions, dc pensions, DWP, LTAF, Pensions, Rishi Sunak, TPR
6 Comments
Can you run a pension scheme with no end in sight?
The concept of infinity has puzzled philosophers for millennia and I’m not taking it on in a blog. It’s temporal counterpart “eternity” has at least the boundary of time, though it’s still pretty mind-blowing to think of anything being eternal. … Continue reading
Pension Providers – Is spending on technology an investment choice?
I ask the question in the title because an assertion was made at last night’s Pensions Network Session that pension providers had a choice as to whether to be dashboard ready or not. This is currently the case. … Continue reading
Dashboards aren’t the “small-pot fix” some claim
The ABI want us to consider pension dashboards as a means to consolidate small pots Imperative for any solution … is for government to prioritise delivery of commercial and non-commercial pensions dashboards to spur pension scheme members to consolidate … Continue reading
Posted in advice gap, age wage, pensions
Tagged consolidation, Pensions, small pots, Stephen Timms
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When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…