Category Archives: Pensions Regulator
“Take the small DB scheme seriously?” We don’t and we won’t- at this rate.
In some brooding over the small DB schemes left in the private sector yesterday, I prompted an email that I will quote from. I gave six reasons for there still be nearly 5,000 of the expensive to run and questioned … Continue reading
Posted in advice gap, pensions, Pensions Regulator
Tagged actuaries, DB Scheme, small, superfunds
4 Comments
Reappointed Pensions Minister tweets his agenda
Guy Opperman has been confirmed as Pension Minister following the recent reshuffle. This is a good thing for pensions. It should mean that he becomes the longest serving Pensions Minister this century and that his reform plans can be seen … Continue reading
The Regulator’s not for turning; in conversation with David Fairs,
David Fairs and I were born within a couple of months and have both spent our careers in pensions. We enjoy each other’s company so when David suggested that we spent the last 90 minutes of the business week … Continue reading
Posted in age wage, Blogging, pensions, Pensions Regulator, Politics, Public sector pensions
Tagged David Fairs, Pensions, The Pensions Regulator, TPR
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“Shape up or shape out” – DWP give small DC schemes one year’s notice
It is not acceptable for savers to be enrolled in arrangements that do not deliver value in terms of costs, investment returns or secure and resilient governance. Government would expect trustees acting in the best interests of their members … Continue reading
Posted in advice gap, age wage, DWP, pensions, Pensions Regulator
Tagged dc, DC DWP Pension, DWP, Guy Opperman, TCFD, TPR, VFM
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Philip Bennett’s DB funding code response
Given that the future is unknowable (and particularly over very long time horizons), it is poor regulation to encourage all DB Schemes to adopt similar investment strategies (herding). Continue reading
Posted in advice gap, age wage, pensions, Pensions Regulator
Tagged Consultation, DB funding, Pensions, Philip Bennett, TPR
4 Comments
Ros Altmann’s response to TPR’s DB funding code consultation.
I have asked for responses to the Pension Regulator’s consultation questions and Ros Altmann has obliged. As a member of the House of Lords and former Pension Minister, I hope Ros’ replies will be of particular interest Continue reading
Posted in accountants, actuaries, pensions, Pensions Regulator
Tagged Consultation, DB Funding Code, final salary, pension, pensions, Ros Altman, TPR
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A call for DB consultation responses
If you wish your response to the consultation to be in the public domain and part of the ongoing debate following today’s closure, please send me it in word to henry@agewage.com Continue reading
Posted in pensions, Pensions Regulator
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The Killing of Open Schemes – Michael Bromwich
Michael Bromwich has been the CIMA Professor of Financial Accounting at the LSE since October 1985 . He is the co-author of “Management accounting in a digital and global economy” and one of Britain’s authorities on the subject. His … Continue reading
Posted in Bankers, pensions, Pensions Regulator
Tagged Funding, LSE, LTO, Michael Bromwich, Open Schemes, pensions, Sharon Bowles, TPR
3 Comments
“The way we were” – DWP AE Evaluation
In normal times, the publication of a major Government review of auto-enrolment would be newsworthy. Apart from a series of mentions by Jo Cumbo, I have seen no publicity for it – from the DWP or their press office or … Continue reading
Posted in age wage, DWP, pensions, Pensions Regulator, Retirement
Tagged AE, auto enrolment, DWP, pensions, TPR, workplace Pensions
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Powers during wartime- tPR and funding.
Jo Cumbo has written a fine piece in the FT’s Pension Expert . She is sympathetic to the Pension Regulator’s current dilemma and supportive of its position over deficit holidays. To be exact, Jo is supporting the balanced position … Continue reading
Posted in advice gap, age wage, pensions, Pensions Regulator, Retirement
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