Tag Archives: BHS
The still small voice of the (BHS) pensioner
I think back now to the people with whom I worked in BHS – by and large decent and hard-working folk, who had little prospect of ever being well-off unless they won the lottery or their Premium Bond came … Continue reading
Posted in pensions
Tagged BHS, Business, Chris Martin, Dominic Chappell, Elijah, Employment, pension, pensions, Philip Green, Retirement, Shop, Still small voice
2 Comments
A tale of two failures. (BHS and Tata Steel)
BHS and Tata Steel; they have a lot in common BHS is a failed retailer, a tired brand with 11,000 employees and a medium sized pension scheme with a hole in it. Tata Steel is a failed steelmaker, an iconic business … Continue reading
Posted in pensions
Tagged Andy Haldane, BHS, Brexit, Consultation, David Cameron, DWP, June 23rd, pension, pensions, Philip Green, Tata steel, The Pension Regulator
9 Comments
A Faustian Pact that could hurt us all
In a potentially disastrous development to the negotiations around British Steel’s pension benefits, the Government is considering allowing the rights of British Steel workers (including those drawing their pensions) – to be cut. There is no precedent for this. Pensions … Continue reading
Posted in pensions
Tagged BHS, Business, Dr Faustus, Employment, Fausian Pact, Kit Marlowe, pension, Pension Protection Fund, pensions, ppf, Retirement, Tata steel
3 Comments
Putting yourself second – what a boss should do.
There is no law that says you should be polite. Standing aside from someone getting off a train, opening doors for the elderly and those with push-chairs, paying your pension bills before paying your dividend, these are all things we … Continue reading
Posted in pensions
Tagged BHS, Frank Field, justice, law, Pensions Regulator, Philip Green
4 Comments
The time for cost transparency is now – guest blog from Stewart Bevan
The topic of transparency of costs and charges refuses to go away. Significant costs are still not being disclosed fully to asset owners who often have no idea of their potential impact. I recently heard a discussion about … Continue reading
Posted in pensions
Tagged BHS, Blog, charges, costs, KAS Bank, pensions, Stewart Bevan, Transparency
1 Comment
How well protected are you if your pension scheme goes bust?
Not since the early years of the century has so much attention been paid to the solvency of our defined benefit pension schemes. The triple whammy of Tata Steel, BHS and Austin Reed’s schemes will potentially hit the Pension Protection … Continue reading
Posted in pensions
Tagged Austin Reed, BHS, lifeboat, pension, Philip Green, The Pension Regulator
6 Comments
Tata, BHS, Austin Reed- “the big mess”.
In an excellent article “Home of the Big Mess” Ivan Laws gives us his experience of watching on as a defined benefit scheme he administered was plundered by people who had the wit to use pension surpluses to provide … Continue reading