Category Archives: Big Government

“Sooner being better than perfect” a model for our times.

There’s a tremendous  post on social media from Tan Suee Chieh , president of the IFOA which outlines the principles that enabled Louis Gerstner to transform IBM. Gerstner Principles • Manage by principle, not process • Market driven (or membership … Continue reading

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Sharon Bowles has thrown the Minister a lifeline, he should grab it with both hands.

  The DWP is in an awkward spot over the funding of defined benefit pensions. The 130 responses to its regulator’s consultation paper are likely to be making uncomfortable reading to those scrutinizing them in Brighton and the Pensions Minister … Continue reading

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A calm hand needed for this pension face off

Mark Twain reported that reports of his death were exaggerated. A journalist had in fact mistaken his state of health for his brother’s (who was in a much worse way). The same could be said for the Open Defined Benefit … Continue reading

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One love or schism?

“Batley and Spen is a gathering of typically independent, no-nonsense and proud Yorkshire towns and villages. Our communities have been deeply enhanced by immigration. While we celebrate our diversity, what surprises me time and time again as I travel around … Continue reading

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“He that hath ears to hear, let him hear.”

I am very pleased that Con Keating and Iain Clacher’s recent article has got so much attention , both in terms of readers and in terms of social media comment. Though I am one of those who thinks the Pension … Continue reading

Posted in actuaries, Big Government, coronavirus, pensions | Tagged , , , , , , , , , | 5 Comments

The end of furlough and what it means for pensions.

A question was asked of the DWP on April 24th filed under  “Pensions: Advisory Services”  To ask the Secretary of State for Work and Pensions, what discussions she has had with the Financial Conduct Authority (FCA) on when the FCA … Continue reading

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Squeaky-bum-time for start-ups

Plenty of promises! Running a start-up at this moment is spooky. The Government promises support. but each new product seems to apply to someone like you – but not you! We haven’t furloughed anyone because what we do – help … Continue reading

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“Nine years ago today, the Budget nearly killed me” – Guy Opperman

    This blog is about and by Guy Opperman – our  pensions minister; it’s re-published with his permission. It was first published April 26th here Today’s date is etched on my memory, and it will be forever. On Tuesday … Continue reading

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Let’s not slide back into the swamp!

After what they must consider a “decent period”, the insurers and the bankers have reappeared from the slimy depths like Grendel out to wreak revenge on consumers protected too long by Europe. The insurance and pensions industry is calling for … Continue reading

Posted in Bankers, Big Government, Brexit, pensions | Tagged , , , , , , , , | 1 Comment

Three little pots went to market

The point of this blog is to show 1. One way of avoiding the damaging impact of the MPAA on future saving 2. The depth of knowledge needed to make good at retirement decisions (especially where there is no adviser … Continue reading

Posted in advice gap, age wage, Big Government, pensions | Tagged , , , , , , , , | 3 Comments