Category Archives: BSPS

“Cry havoc and let slip the dogs of war”

One of the features of a close-knit community is that people talk to each other. For Steelworkers this has been at works and  in clubs. Now the works and clubs of Port Talbot, Llanwern, Scunthorpe and Redcar  have digital counterparts in the Facebook pages … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , | 12 Comments

Someone else’s job.

  I spoke with a nice fellow last week who had been selling his company’s wares to IFAs in South Wales. The talk at the meeting was all about what was going on with the steelworkers. The fellow came away with … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , , | 2 Comments

Port Talbot and Scunthorpe IFA CHIVE (Community, Help, Information, Volunteer exchange)- Al Rush

Many of my readers won’t know Al except from what I’ve said about him, he’s not one for the publicity spotlight, but when it comes to mobilising advisers , it’s another story. This is a rare blog from Al published … Continue reading

Posted in Blogging, BSPS, pensions | Tagged , , , | 1 Comment

Steelworkers are “front and centre of my mind”

    Over the course of the last 24 hours there have been a number of positive developments for BSPS members. The deadline for decisions taken in “time to choose” has been taken back to 22nd December for all members … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , , , , | 10 Comments

You have to be there to fully understand it.

Though it’s a truism – it’s true. You cannot understand the break down in the orderly provision of pensions that is occurring in Port Talbot, until you go there. I did not go to Port Talbot yesterday, there was a … Continue reading

Posted in BSPS, CDC, pensions | Tagged , , | 2 Comments

Stefan, Henry and Rich go to Parliament.

Stefan Zait, Rich Caddy and I  have been invited to go to Westminster and give oral evidence to the DWP Select Committee about the support given to BSPS members in their Time to Choose Al Rush will inform us with the IFA’s … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , | 4 Comments

TPAS offer BSPS a dedicated helpline. Don’t leave your choice to chance!

If you are a steelworker , you now have help on your pension options from TPAS. This is great news. As from this morning, members of BSPS, can call experienced pension people who can discuss the scheme with the experience … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , | 1 Comment

The nastiest, hardest problem in finance

  For all the emotion surrounding transfer values, it’s worth taking a step back and ask the simple question “should I stay or should I go”. In July, John Ralfe wrote what (for me) is still the best summary of the situation … Continue reading

Posted in BSPS, pensions | Tagged , , , , , | 4 Comments

Pension Advice; it’s all about getting paid.

I have read and listened to a lot about professional integrity.  Having been an IFA and being now a fee-based consultant, I know that the first thought you go to bed with (and wake up with) is “how am I going to get … Continue reading

Posted in BSPS, dc pensions, de-risking, pensions | 4 Comments

Why are workplace pensions excluded from transfer advice?

NEST gets us thinking Gavin Perera-Betts work for NEST, he’s the chief customer officer – the person charged with helping people get the most out of their savings and he’s the author of NEST’s recent response  to the Government’s Select Committee … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , , , | 13 Comments