Category Archives: dc pensions

More fun and games in the crazy world of pension transfers


It didn’t take long for the ripples from the Lloyds Bank GMP equalisation ruling  to reach the crazy land of pension transfers.  Within a few days of the Judge Morgan’s verdict we hear that thousands of people are having their pension transfers delayed … Continue reading

Posted in dc pensions, de-risking, pensions | Tagged , , | 1 Comment

The human cost of marking our pensions to the market


  The debate at the CSFI mid week between Norma Cohen and John Ralfe on one side and Jon Spain and Dennis Leech on the other – seems to have focussed on the economics of pensions. I’d like to widen … Continue reading

Posted in dc pensions, pensions, Pensions Regulator, Popcorn Pensions, workplace pensions | Tagged , , , , , , , | 1 Comment

Should Government play “fantasy pensions”?


  What should we make of reports in the Daily Telegraph that our Pensions Minister, Guy Opperman, is meeting with pension experts to consider a system where a workplace pension could follow the employee, rather than employees joining new plans … Continue reading

Posted in accountants, advice gap, Dashboard, dc pensions, pensions | Tagged , , , | 1 Comment

Shaking up pensions with Quietroom


Early this morning , I’ll be up the Farringdon Road with Quietroom, shaking up pensions. I’ve just looked at the agenda If we want to get folks fired up about pensions, we need to start doing things differently. That’s the … Continue reading

Posted in dc pensions, pensions, Pensions Regulator, Popcorn Pensions | 3 Comments

“Green pensions” consultation gets record response.


According to my sources at DWP, the consultation on how trustees of DC occupational pensions (including master trusts) listen to members views on “matters green” got record numbers of respondents – over 3,500. Apart from the consultation on pension  following the British … Continue reading

Posted in auto-enrolment, Dashboard, dc pensions, pensions | Leave a comment

Fund managers that plead ignorance- display indolence.


    “Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds’ March year-end statements, according to Lane Clark & Peacock (LCP) research”. (Professional Pensions) Hiring an asset … Continue reading

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Thinking the unthinkable – Frank’s at it again!


For a third inquiry in a row, Frank Field and the Work and Pensions Committee (WPC) – are asking difficult questions that need proper answers. Firstly they asked if the pension freedoms were working – a question that led to … Continue reading

Posted in Big Government, Carillion, CDC, Dashboard, dc pensions, pensions | Tagged , , , , , | 1 Comment

Here’s to pensioners enjoying their pensions!


I’m on the Flying Scotsman to York (the Yorkshireman). My carriage is full of pensioners (including me), people thanking their lucky stars they’ve got the chance to ride behind this famous loco and sit in a beautiful compartment. And the … Continue reading

Posted in club pension, dc pensions, Henry Tapper blog, Pension Freedoms, pension playpen, pensions | Tagged , , , , | 3 Comments

An American view on the collapse of “traditional pensions”.


This article was first published in the NEW YORK TIMES under the headline The Real Reason the Investor Class Hates Pensions No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension … Continue reading

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

HMRC and FCA complicit in the democratisation of villainy.


If the FCA want to get to grips with the problem of contingent (conditional) charging, they had better have a look at the taxation of advice and make changes in the Finance Act 2018 to the way we tax advice. First … Continue reading

Posted in accountants, advice gap, dc pensions, pensions | Tagged , , , , , , , , | 15 Comments