Category Archives: Royal Mail

CDC – a new type of pension provision coming to the UK

Posted on October 5, 2020 by henry tapper

On Wednesday (October 8th),  CDC will be debated in the house of commons and with a fair wind, legislation enabling employers and multi-employer master trusts to provide DB like benefits for defined contributions will be enacted  by the end of … Continue reading →

Posted in CDC, pensions, Royal Mail | Tagged , , , , , , | 5 Comments

Absolutely true (as I visited the Royal Mail)

Posted on August 16, 2019 by henry tapper

  How the Royal Mail pension schemes are run Whether it be through its Final Salary Scheme (RMPP), the interim Cash Balance arrangement or its DC trust, Royal Mail Pension Trustees have consistently over-delivered to their organisation and the members … Continue reading →

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Why are university staff going on strike?

Posted on February 19, 2018 by henry tapper

  My son has started sending me the announcements he’s been getting from his University about impending strike. He’s at one of two Universities who have been leading the charge amongst employers calling for an end to DB accrual in … Continue reading →

Posted in pensions, Royal Mail, USS | Tagged , , , , , , | 5 Comments

If I was Theresa May….

Posted on February 2, 2018 by henry tapper

I can understand Theresa May’s frustrations, I am a member of her party and have witnessed her “annus calamitous” up close and personal. I am a fan of May’s, an endangered species, but I prefer her to alternative models As … Continue reading →

Posted in CDC, pensions, Royal Mail | Tagged , , , , | 3 Comments

Pensions: universities could learn lessons from Royal Mail

Posted on January 29, 2018 by henry tapper

David Pitt-Watson and Hari Mann believe there could be a way to settle the ongoing pensions row amicably   University employers and university staff are locked in a dispute about pensions. Both have reasonable positions. The employers say that the cost … Continue reading →

Posted in pensions, Royal Mail, USS | Tagged , , , , , | 3 Comments

Terry Pullinger on progress towards a Royal Mail CDC scheme

Posted on January 15, 2018 by henry tapper

  This video talks of the intent of the CWU to reach an agreement with Royal Mail.   “I believe we are on the verge of something very very special”

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A pension settlement needs general agreement.

Posted on December 11, 2017 by henry tapper

I spent most of this cold dark weekend putting together a submission to the FCA on what we know is happening to millions of pounds of money that has been disinvested from the British Steel Pension Scheme and reinvested through … Continue reading →

Posted in BSPS, Pension Freedoms, pensions, Royal Mail | Tagged , , , , | Leave a comment

Taxpayer subsidy for public service pensions to double over 6 years

Posted on March 29, 2013 by henry tapper

This is an article from Michael Johnson. I agree with the numbers but I’m not so sure about the sentiment that lies behind it. As a nation we can afford anything if we chose to prioritise the spending and we … Continue reading →

Posted in Financial Education, First Actuarial, pensions, Public sector pensions, Royal Mail, smelly | Tagged , , , , , , , | 8 Comments

Why we mustn’t let the Royal Mail “pension solution” become a precedent

Posted on August 6, 2012 by henry tapper

In Pension Age’s May edition, Paddy Briggs argued that the member’s best interests were not being served by the Government’s “sequestration” of the assets of the Royal Mail’s pension fund. Roger Turner produced a cogent riposte in your July/August issue … Continue reading →

Posted in Fiduciary Management, Financial Education, Management, pensions, Public sector pensions, Royal Mail | Tagged , , , , , , , | 2 Comments