Category Archives: governance

Should we jock the Jocks?

Posted on May 14, 2013 by henry tapper

A huge thankyou to Susan Mcdonald for making this happen. Good on you Edinburgh- even if you have the climate of Reykjavik.
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Posted in governance, pension playpen, pensions | Tagged , , , , , , , | 3 Comments

Get up! Stand up! For your pension rights!

Posted on May 9, 2013 by henry tapper

Governance on these schemes cannot be imposed by Government, it needs to happen organically – bottom up. Continue reading →

Posted in cricket, governance, investment, pension playpen, pensions, poetry, Popcorn Pensions | Tagged , , , , , , , | 7 Comments

Debunking the RSA myth that Dutch CDC provide better outcomes

Posted on May 5, 2013 by henry tapper

I’ve received this open letter from John Lawson (he of Aviva) which I print in full. Dear Henry, I have mentioned before the folly of relying on the RSA for any rigorous analysis. The RSA is a political construct, not a … Continue reading →

Posted in actuaries, advice gap, CDC, dc pensions, governance, pensions | Tagged , , , , , , , | 4 Comments

Those Dutch Pensions – a Civil Servant writes

Posted on May 4, 2013 by henry tapper

I get some feedback on my blogs from people I know who don’t want to or aren’t allowed to go public. Here’s an example from a formidable figure and a personal friend (who I know/hope has the skin or a rhino … Continue reading →

Posted in actuaries, auto-enrolment, David Pitt-Watson, dc pensions, de-risking, defined aspiration, First Actuarial, governance, pension playpen, pensions | Tagged , , , , , , , | 13 Comments

All that glitters does not lure – thoughts on DC default funds.

Posted on April 21, 2013 by henry tapper

“I asked him, ‘My God, they’re purple and green. Do fish really take these lures?’And he said, ‘Mister, I don’t sell to fish.’ Continue reading →

Posted in auto-enrolment, CDC, dc pensions, fish, governance, investment, pensions | Tagged , , , , , , , | 3 Comments

And why these “employer duties”?

Posted on April 7, 2013 by henry tapper

Employers do not have fourty year business plans but employees do. We call those plans “careers”. Continue reading →

Posted in auto-enrolment, corporate governance, David Pitt-Watson, dc pensions, Fiduciary Management, governance, Henry Tapper blog, pension playpen, pensions, Retirement | 5 Comments

Would you take your chance on a mastertrust?

Posted on April 6, 2013 by henry tapper

It’s called proper choice and I’m all for GPPs and mastertrusts squaring up to each other and having the argument Continue reading →

Posted in actuaries, auto-enrolment, brand, governance, pensions, Retirement | Tagged , , , , , , , | 2 Comments

How the banks try to f*ck us – and how we deal with them

Posted on March 10, 2013 by henry tapper

It’s Sunday morning and I am reading a poem written around 1936 by Ezra Pound. It is about Usury , in this context the bad practice of the Medici Bank which Pound claimed screwed up the great artistic achievements of medieval … Continue reading →

Posted in economics, ezra pound, Fiduciary Management, Financial Education, Fred Goodwin, governance, happiness, pensions, poetry, Popcorn Pensions | Tagged , , , , , , , | Leave a comment

Some of our insurers are missing

Posted on February 24, 2013 by henry tapper

What have all these insurers got in common?
Answer, you can’t buy one of their personal pensions today.
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Posted in Change, club pension, governance, pensions | Tagged , , , , , , , | 6 Comments

Poor execution – a pigsty – not a playpen

Posted on February 12, 2013 by henry tapper

A researcher I was speaking to yesterday asked whether I considered the bad practices associated with the poor execution of trades by fund managers as criminal fraud. His argument was that indirect benefits such as the receiving of rugby tickets from … Continue reading →

Posted in David Pitt-Watson, dc pensions, First Actuarial, governance, pensions, Retirement | Tagged , , , , , , , | 8 Comments