Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…
I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Category Archives: corporate governance
21st Century Retirement Income Update
Well here I am in a Village hotel under the M1 seven miles south of Leeds to chair a day long conference on the opportunities for financial advisers from George Osborne’s Budget Changes (the photo is the lovely view … Continue reading
Posted in corporate governance, First Actuarial, NEST, pensions
Tagged advice, advisers, Budget, Budget 2014, Business, DWP, financial advisers, Financial services, George Osborne, Government, Guidance, Guidance Guarantee, IFA, National Employment Savings Trust, pension, pension playpen, Treasury
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“Better workplace pensions – further measures for savers”
Recognise the title? It’s what the DWP chose to call their Command Paper on charges. This paper is not a justification for a charge cap, it’s a new framework for DC pension governance. It’s gone un-noticed but only one chapter … Continue reading
Posted in advice gap, corporate governance, First Actuarial, pensions, Retirement
Tagged Business, corporate governance, corporate risk, dc pensions, Defined benefit pension plan, DWP, Human Resources, Insurance, Investing, Investment, Investment management, pension, Pension Protection Fund, Pension Regulator, pensions, Retirement, Society, Steve Webb
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All the right funds- not necessarily in the right order (a budget prescient blog)
I wrote this blog hours before the budget which abolished annuities. For some reason I decided this morning, to write about investment as if annuities didn’t exist. From 2015, for new pensioners- they will no longer be the default, … Continue reading
Posted in auto-enrolment, CDC, corporate governance, dc pensions, de-risking, defined aspiration, Payroll, pension playpen, pensions, Popcorn Pensions
Tagged annuity, Business, Business and Economy, Collective Pensions, consumptions, corporate governance, corporate risk, dc pensions, de-risking, decumulation, Defined benefit pension plan, DGF, Diverification, Employment, Financial services, free-lunch, National Employment Savings Trust, notes, order, pension, pensions, Retirement, Steve Webb
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I’m in- who’s out?
I’m serving up a dish which may have gone cold in your inbox or may not have reached you at all. Personally I’m not concerned about opt-out rates, even if they crept above the 9% generally advertised. That Ceridian … Continue reading
Posted in advice gap, auto-enrolment, Bankers, brand, Change, corporate governance, Payroll, pensions
Tagged Asset management, Bankers, BNP Paribas, Business, Business and Economy, Ceridian, dc pensions, Employment, FCA, Government, Insurance, pension, Pension new
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TPAS – the light shines on!
TPAS – bridging the pensions advisory gap! The light shines on… Continue reading
Posted in auto-enrolment, brand, corporate governance, Henry Tapper blog, investment, pension playpen, pensions
Tagged Business, Business and Economy, corporate risk, DWP, Financial services, Michelle Cracknell, pension playpen, Pension Poverty, Pension Regulator, pensions, Steve Webb, TPAS
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Can TISA hit out on pension transfers.
Who knows, we might even have pot follows member one day. Continue reading
Posted in advice gap, corporate governance, customer service, investment, pension playpen
Tagged Business, Financial services, Insurance, pension, Pension Regulator, pensions, Pot
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A promise or a guarantee?
If Steve Webb wants AE to work, he should stop turning promises into guarantees and burdening employers with unforeseen liabilities and huge consultative and administrative costs. Continue reading
Posted in actuaries, auto-enrolment, corporate governance, EU Solvency II, Fiduciary Management, leadership, Liability Driven Investment, pension playpen, Popcorn Pensions, steve webb
Tagged Benefit, Business, Business and Economy, dc pensions, de-risking, Defined benefit pension plan, Guarantee, pension, Pension new, pension playpen, Retirement, Steve Webb
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Dear Asset Manager…
Dear asset manager I’ve been noticing how much you’ve wanted to manage DC assets so I thought you might like to have a chat about strategy. I think you’ve been looking at your marketing strategy through the wrong lens or … Continue reading
Posted in advice gap, annuity, corporate governance, dc pensions, pensions
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Shopping for pensions
Internet marketing is a funny young business which looks the same as a funny old business called “shopping”. Continue reading
When taxation is retroactive it will change behaviour. Be careful with envy focused legislation promote real solutions to British poor…