Category Archives: Jersey

Was DC the only choice for the Tata Steelworkers?

Posted on February 16, 2017 by henry tapper

      Speaking on the radio yesterday, John Ralfe called the decision of Tata Staff to accept the loss of future accrual into a final salary scheme in exchange for a 10% contribution into a DC pension fund as … Continue reading →

Posted in actuaries, advice gap, FinTech, Jersey, pensions, Pensions Regulator, Politics, pot | Tagged , , , , , , , , , | 1 Comment

Beeb forces closure of offshore payroll loophole

Posted on March 19, 2013 by henry tapper

A good news story all round (except for the man and the goat on Sark). Continue reading →

Posted in auto-enrolment, dc pensions, Henry Tapper blog, Jersey, pensions, Retirement, smelly | Tagged , , , , , , , | 1 Comment

Pension Corporation points the way to “ambitious pensions”

Posted on April 11, 2012 by henry tapper

A timely report arrived yesterday from the Pension Corporation estimating that the cost of replacing a standard DB benefit structure using DC had risen to 55% of salary. PIC’s business model is based on managing out DB plans on a … Continue reading →

Posted in annuity, auto-enrolment, dc pensions, de-risking, defined aspiration, Jersey, pensions, Public sector pensions, Retirement | Tagged , , , , , , , | 27 Comments

Whatever happened to “stakeholder economics”?

Posted on February 27, 2012 by henry tapper

When Blair swept to power in 1997, Will Hutton‘s vision of a stakeholder economy was central to New Labour‘s vision. While the idealism of those years is now derided, I prefer it to the negativity of today’s commentary. Listening to … Continue reading →

Posted in Bankers, corporate governance, Henry Tapper blog, Jersey, pension playpen, pensions, Popcorn Pensions, Retirement | Tagged , , , , , , , , , , , , , | 4 Comments

Play Pen on Public Sector Pensions

Posted on October 3, 2011 by henry tapper

Following robust debate over pie ale and an October Pimms, the 16 members of the Pension PlayPen split 8/8 on the motion  “the pensions paid to the public sector are unfair”. However there was a healthy majority of 13 to 3 that … Continue reading →

Posted in annuity, corporate governance, Jersey, NEST, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Post not that ye be not judged

Posted on November 21, 2009 by henry tapper

“Relying” on on-line profiles is a problem that needs attention from us all, not just those in Government. Continue reading →

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The Ilford ruling-who won?

Posted on November 14, 2009 by henry tapper

The Ilford ruling will require trustees to concentrate on sound investment strategies and stop the practice of securing tip-top pensions at the expense of Joe the tax-payer. It will require companies to pay more attention to the risk management of their pensions rather than relying on a Government lifeboat.

Continue reading →

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