Category Archives: defined aspiration

Convince or collapse – the options for small DB schemes in the next decade.

    We stand on the cusp of the third decade of the 21st century. That decade is likely to see small DB schemes collapse into consolidators or stand firm with renewed conviction. I wonder if I will still be … Continue reading

Posted in CDC, dc pensions, de-risking, defined ambition, defined aspiration, pensions | Tagged , , , , , | 2 Comments

“Why Michael Johnson’s so wrong!” – Con Keating

Michael Johnson’s letter to Frank Field & Co on CDC (reproduced in full here) was a real disappointment. I had expected more; a new and closely reasoned critique, passionately believed, perhaps. What I got was a tired and repetitive rehearsal … Continue reading

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Pensions Resurgent! The merit of the CWU’s proposals to the Royal Mail

For the third day I am returning to the CWU’s proposals to the Royal Mail which I now consider the most important break through in pension scheme design we have seen in Britain this century. I base this on three … Continue reading

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Good retirement outcomes depend on collective solutions

The FCA have called for evidence on the likely success of our current “at retirement” strategy, this response is consistent with what this blog has been saying for some years, collective problems need collective solutions, the market is not enough, … Continue reading

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Companies count the cost of pension freedoms

Pension freedoms are … creating a human resources burden, the CBI said, as company leaders try to ensure their older staff do not spend their pension pots early and face hanging on to their jobs when they should have retired. “Even … Continue reading

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Crushed by falling bond yields – great guest blog by Ralph Frank

Mainstream assessments of the state of investment markets tend to focus on the equity market.  The level of the FTSE 100, S&P 500, Dow and/or Nikkei is deemed to be an indicator of the health of savers’ investment portfolios and/or … Continue reading

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How far can guidance go?

Guidance Technology? I am interested by Guidance Technology, it is at the core of www.pensionplaypen.com. As we use it, Guidance Technology narrows down options available to people to a shortlist that is clearly differentiated. For an employer to choose the … Continue reading

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It’s not just pension taxation that’s changing- products are!

Pension PlayPen’s Submission to the Parliamentary Committee reading the Pension Schemes Bill Continue reading

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The great pensions rotation

“Everything dies honey that’s a fact, and everything that dies some day comes back” – Bruce Springsteen DB died the day they guaranteed indexation. DA will be born the day they take that guarantee away. Ring out the old, ring … Continue reading

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“We are as concerned as we can afford to be”

The DWP has now presented the draft bill that will enable Defined Ambition pensions to be set up, probably from this time in 2016.  While lawyers pour over the clauses, it’s worth considering the responses the Government received to the ideas … Continue reading

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