Category Archives: governance
ISIO’s insightful report on professional trustees in 2024
ISIO’s latest survey on the state of the Professional Trustee market makes fascinating reading and Mike Smedley’s frank assessment of the results made for a good use of time. You can watch a rerun of the event from this video. … Continue reading
Our best shot at pension simplification in a generation!
It’s an interesting time right now for those involved in DC regulation. This blog suggests that if we can find a single definition of value for money that is acceptable to TPR and FCA, then we can massively simplify DC … Continue reading
Posted in advice gap, governance, pensions
Tagged Chair statement, NEST, nestle, pensions, VFM
Leave a comment
The G in ESG is vital to pensions and our pensions governance vital to ESG
Sarah Wilson, chief executive of Minerva, the shareholder adviser, said: “At a time when innovation and [research and development] is so important it would seem that financial engineering is taking a higher priority.” – Financial Times Employers looking for … Continue reading
Posted in ESG, governance, pensions
Tagged ESG Goevernance, jo cumbo, Minerva, pensions, Sarah Wilson
1 Comment
By their fruits ye shall know them.
Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles? Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit. A good tree cannot … Continue reading
Posted in advice gap, age wage, ESG, FCA, governance, investment, pensions
Tagged City of London, Coronavirus, ESG, Heart of the City, HOC
Leave a comment
No more reports – nobody reads!
Baroness Bennett, Stedman-Scott and Altmann – getting things done Every year occupational pensions schemes are required to publish reports that nobody reads. Clearly this is unsatisfactory and we could go two ways Stop writing the reports (would anyone notice?) … Continue reading
Posted in advice gap, age wage, dc pensions, governance, Guidance, pensions
Tagged Chair statement, DWP, Pensions, Ros Altmann, SIP, Stedman-Scott, TPR
Leave a comment
What does SJP “sacking” Woodford mean?
“HL removed Woodford from its Wealth 50 but did not force sell the funds as SJP has.” But this shows a fundamental misunderstanding of how SJP (costly restricted funds) and HL (costly self-select platform) work! https://t.co/6eQoSKNK0T — Alistair Cunningham (@Cunningham_UK) … Continue reading
Posted in FCA, governance, pensions
Tagged Funds, governance, Hargreaves Lansdown, pensions, pooled fund, segregated mandate, SJP, Woodford
10 Comments
Con Keating questions the value of “limited liability”.
It’s been a while since this blog has featured Con’s incisive thinking. This article calls into question the capacity of shareholders to have their returns and have someone eat the risk. There’s a lot of easy talk about the “governance” … Continue reading
Posted in Fiduciary Management, governance, pensions
Tagged Con Keating, ESG, Goodhart and Lastra, governance
4 Comments
Five things that surprised me at the LawDeb Debate
And the results are in at the #LawDebDebate. An indicative vote versus the final result show a dramatic swing following the speakers taking to the stage pic.twitter.com/1EK1uxs9s6 — Law Debenture (@law_debenture) 20 May 2019 I didn’t go to my … Continue reading
Posted in governance, pensions
Tagged banking crisis, governance, law debenture, lawdeb, lawdebdebate, pensions
Leave a comment
“In an advised world – do workplace pensions need trustees”.
The quote is taken from a recent interview of Steve Webb of Royal London. It is a critical question which deserves an answer. The Workplace Pension Governance landscape (is changing) Something very odd is happening in DC Governance, something that … Continue reading
Posted in First Actuarial, governance, pensions
Tagged governance, pensions, Royal London, workplace, workplace Pensions
Leave a comment
ReAssuring us through its IGC?
A word on padding The first thing you notice about the ReAssure IGC report is stock images. Page one and two are entirely devoted to them, page three and four have one, page five has five and page six is … Continue reading
Posted in governance, IGC, pensions
Tagged ESG, IGC, outcomes, pensions, Reassure, Trust Pilot
2 Comments