Tag Archives: ABI

The ABI’s attempt to smear CDC – flops

Posted on September 13, 2023 by henry tapper

The ABI should be feeling pretty pleased with itself. Last week, its Director of Policy, Yvonne Braun, told  the Work and Pensions committee that it seen off the consolidators. As a result, its members can now choose which overfunded DB … Continue reading →

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Pension Superfunds are more than the “poor man’s buy-out”

Posted on July 19, 2023 by henry tapper

The Government has radically changed its position on pension superfunds, at last giving feedback on its 2018 consultation and making clear that pension superfunds are helpful to pension consolidation and support the wider aims of the Treasury. The response to … Continue reading →

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The ABI look to seize the high ground on pension investment

Posted on July 3, 2023 by henry tapper

The Treasury is softening up the British Public for change This weekend, the softening up of the British public to the idea that pension schemes can invest for Britain gathered further momentum. The Times ran an article headlined Can pensions … Continue reading →

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Why special pleading on the MPAA brings “pensions” into disrepute

Posted on March 3, 2023 by henry tapper

In a letter to the Treasury ahead of this month’s Budget, more than a dozen companies, including leading pension groups and trade associations, have urged ministers to change the rule that governs how much can be saved into a pension … Continue reading →

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The give and take of workplace pensions (it can’t all be “done for us!”)

Posted on January 28, 2023 by henry tapper

“Done for you” has become an over-worked phrase in a very short time. I started using it to refer to the CDC decumulation solution discussed by Simon Eagle and others where CDC becomes another investment pathway – with the pension … Continue reading →

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The cost of living crisis – and the value of small pots

Posted on August 5, 2022 by henry tapper

This IMF chart is (rightly) getting a lot of attention given the UK figures are truly awful. But why are they so bad? Because this is what happens when you add an energy price surge onto a country with our … Continue reading →

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For millions, “the partner dies- the annuity dies”- pension credit comforts the bereaved

Posted on July 15, 2022 by henry tapper

It’s easy to forget in a world of “pension freedom” that millions of British savers purchased annuities with their pension pots in the 40 years prior to the day George Osborne announced “no one will ever have to buy an … Continue reading →

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Call out the Karma Police – (they’re at it again)

Posted on June 25, 2022 by henry tapper

As if the Karma Police weren’t busy enough, we have more work for them! Legal & General, like Hargreaves Lansdown. have found a way to demand money of us to swell their coffers in aid of narrowing the gender pay … Continue reading →

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We need courage not legislation – to sort out small pots

Posted on June 24, 2022 by henry tapper

    Dress it up as the industry may, the progress report of the Small Pots Working Group is a disappointment. The Group was set up to find a working solution that commanded consensus from the ABI, PLSA and the … Continue reading →

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ABI sets out how auto-enrolment can work better for insurers.

Posted on June 22, 2022 by henry tapper

    Insurers have long benefited from Government pension policy in building up their funds under management. Lobbying from the ABI has led to the establishment of personal pensions which have been used not just as a means of accumulating … Continue reading →

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