Tag Archives: Business

Plebicide and Suicide – Con Keating on post-Brexit pensions


In the post-Brexit period, I have listened to no fewer than three investment consultants advocating the immediate hedging of interest rate risk in our pension scheme “as the deficit is likely to blossom in the event of further quantitative easing”, … Continue reading

Posted in pensions | Tagged , , , , , , , , | 1 Comment

A little bit of anarchy does you good


I’m grateful to my Swedish friend Per Andelius for finding this. Provenance has kindly been provided by readers (see comments). In game theory, the “price of anarchy” describes how individuals acting in their own self-interest within a larger system tend … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , , , , , , | 4 Comments

Very “interest”-ing


For millions of savers, the most important piece of financial news over the past few weeks has not been about the impact of bond yields on pension liabilities or their mortgage interest payments or the state of the stock market. … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , | 3 Comments

Your ten point checklist when choosing a pension


  The law says you have to choose a workplace pension for your auto-enrolment eligible staff. But it doesn’t say how! The Pensions Regulator’s website, while excellent on auto-enrolment compliance, is pretty hopeless in helping you choose a pension. So … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , | Leave a comment

So who gave Mark Carney the keys?


Ros Altmann, along with many others is concerned that a side-effect of the measures announced to bounce our economy out of  Brexit blues, will be to require employers to pump money into pensions and not into jobs, research and building new … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , | 2 Comments

Pensions Minister in the house – shout out for Richard Harrington!


A new man In one of the lowest keys of appointments, Richard Harrington crept into the DWP as an under-secretary and inherited all the issues for rather less pay than he’d have got if he’d got the usual ministerial salary. … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | 5 Comments

NOW – for something completely different.


Amid all the noise of auto-enrolment , one master trusts has put its head down and got on with mending a damaged reputation by hard work and through decent behaviour. I’m talking about NOW pensions. NOW was set up by … Continue reading

Posted in napf, NEST, now, pensions | Tagged , , , , , , , , , , , , | 8 Comments

Get off your boat, get back to the Regulator, go and write a whacking big cheque.


A paraphrase of Frank Field’s advice to (Sir) Philip Green, after the publication of a damning report into the failure of governance that Green created in his 15 years in charge of BHS. Here is his press comment “One person, … Continue reading

Posted in pensions | Tagged , , , , , , , , , | Leave a comment

Why we need to see the workplace pension IMAs.


This article  relates to US DC managers (fiduciaries). It shows just how seriously the USA is taking the obligations of fiduciaries towards members of workplace pensions. This article calls for UK fiduciaries (Trustees and IGCs) to be given the opportunity to … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | Leave a comment

The new politics of pensions


  What has leaving the European Union some time in 2019 have to do with four new Ministers at the DWP and as many at the Treasury?   We currently have no shadow pension minister, Angela Rayner who became shadow … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | 2 Comments