Monthly Archives: March 2026
Utmost fined nearly £2m for its sins of the last 10 years.
Angie Brooks is right to point out that governance matters and it matters for Utmost whether it happens to its UK bulk purchase business or its offshore investment bonds. Utmost was the Equitable and is now owned by US … Continue reading
A strange take away for a professional in Edinburgh last week
If your journey to Edinburgh this week was to improve the lot of pensioners from pension investment, you may wonder about this take away. I am surprised that a senior representative of professional trustee Zedra wants to display his “stash”. … Continue reading
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Dirty tricks of some workplace pension schemes
In a recent blog, I pointed to a report that Jonathan Stapleton brings to life with quotes from those working for the personal pensions on the wrong end of the transfer delays (who represent their customers as well). There is … Continue reading
Personal Pension providers opening doors for the unloved consumer
I’ve been talking a lot about collective pensions to the point that you may think I’m disinterested in”pots” arising from DC pension saving. This is not the case. This blog is about an excellent report produced by this group of … Continue reading
Mandating – Government seizing “Henry VIII powers”?
I think we will see the last days of the debate over the Pension Schemes Bill as some of the maddest pensions have seen this century. I had supported Baroness Altmann’s view that schemes that don’t invest more of our … Continue reading
Productivity green shoots boosted by financial services;-Thomas Aubrey
Productivity green shoots boosted by financial services The latest data suggest the UK’s labour productivity may finally be emerging from a lengthy period of stagnation thanks to a pick-up in financial services. Thomas Aubrey highlights the potential of the Insurance … Continue reading
The Pensions UK Conference’s stimulating final morning
The final day of the Conference was an exhausted one , the plenary hall was largely empty for some excellent sessions and many seemed (the observation of Rory Sutherland) to have gone home early frightened of travel. Certainly my late … Continue reading
Oliver Morley speaks at our coffee morning (coincidental to Ostermann’s departure)
In an eventful week when his successor at the PPF resigned unexpectedly , here is the past CEO of PPF (but one) as the latest CEO of MaPS. I watched the event from a northbound train and am looking forward … Continue reading
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A day when CDC was dragged into PUK’s hall!
I make no defence for being in Edinburgh to right an unintentional bias in the conference agenda that neglects the arrival of CDC as a new force in Pensions UK. We have £1.2tr in funded DB pensions and future liabilities … Continue reading
Can and should pensions do society good? PUK day two
The second day of the Pensions UK Conference made the coming and going to Edinburgh worthwhile. Two important speeches from politicians , some relevant discussions on pensions to come and a Gove v Lucas debate on the importance of Environment, … Continue reading