Tag Archives: Carillion

Trade Unions; a necessary agent of change in our pension system

  Turn to your weekend FT , you happy capitalists, and you will find two stories relating to monopoly of the big four accountants. The first is a comment piece by John Plender where he looks at why Government has … Continue reading

Posted in pensions, Trades Union Congress | Tagged , , , , , , , , | 2 Comments

A measured look at Carillion’s pension problems from Adrian Duncan

  Carillion Plc (Carillion) Shareholder Dividends vs. Pension Deficit Repair Contributions (DRC) – who is responsible for this mess? I thought it would be useful to use the recent Carillion collapse as a case study in determining the complex problem … Continue reading

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

Trojans – don’t trust that horse!

The TUC on Carillion Pensions. With the failure of Carillion, another corporate collapse leaves thousands of workers with uncertain futures and many may face reduced pensions.   There are questions to be asked about the state of Carillion’s myriad pension … Continue reading

Posted in Blogging, journalism, pensions, Trades Union Congress | Tagged , , , | Leave a comment

“Trust is a fragile thing” – it’s based on sharing.

Alistair Queen of Aviva is a great representative of his company. He curated this graphic to twitter yesterday – and it was well liked. Alistair’s comment was made in the context of frustration from Jon Stapleton, a journalist who has done … Continue reading

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

As Carillion goes bust, First Actuarial shows PPF can take the strain.

Carillion’s dramatic and sudden insolvency is likely to push its 13 defined benefit (DB) schemes, and their 28,000 members, into the Pension Protection Fund (PPF). However, as reports emerge of a combined section 179 (s179) shortfall of as much as … Continue reading

Posted in actuaries, First Actuarial, pensions | Tagged , , , | 7 Comments

“Of margins and men”. Were the City and Carillion ever friends?

Of all that is being said about the collapse of Carillon, the comment that remains with me is something said by Robin Ellison, in his capacity as   in an interview with IPE. The FCA is looking at asset management companies’ … Continue reading

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

Who need’s a factory gate when there’s google

Update***** Update****Update***** Update*****Update*****Update The ad below appeared this morning as the top Google Ad on the search “Carillion pensions”.  I asked the FCA and tPR to ask for it to be taken down shortly after and it has been taken … Continue reading

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

Don’t panic about Carillion’s pensions.

The fate of Carillion as a company is in the balance. Up to 20,000 jobs are at risk. Bond and equity holders are likely to lose substantial sums. Carillion driven projects are likely to suffer and 28,000 members of Carillion … Continue reading

Posted in pensions, Pensions Regulator, Retirement | Tagged , , , , , | 8 Comments