Tag Archives: Charles Counsell

Who’s in regulatory control of DB pensions?

Posted on March 30, 2023 by henry tapper

The Financial Policy Committee’s recommendation is that the Pensions Regulator is re-equipped with another statutory objective, to become pension’s agent for the Bank’s work on financial stability. For departing CEO, Charles Counsell, this means a handover to incoming CEO Nausicaa … Continue reading →

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TPR’s news is that no-one knows what is going on in DC-land.

Posted on January 13, 2023 by henry tapper

  Nigel Wilson, boss of Legal & General, said when asked about investment strategies at a parliamentary hearing into LDI, “it may be that actually we want to spend more time on the DC pension schemes” At a separate hearing … Continue reading →

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Parliament’s six challenges to LDI

Posted on December 15, 2022 by henry tapper

Things are not going to be the same for fiduciaries, advisers or managers of DB pension schemes. That was the big message coming out of the lengthy evidence session conducted by the Work and Pension Committee on December 14th.   … Continue reading →

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LDI – where next?

Posted on October 3, 2022 by henry tapper

  The debate on the future of LDI can be polarised by comments of two highly respected figures who have been active in the bond market for decades. Dawid Konotey-Ahulu said to the FT that there was “no doubt” schemes … Continue reading →

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“If everything’s a scam, nothing’s a scam”

Posted on September 11, 2022 by henry tapper

We’ve only had issue with XPS so far. If industry thinks a US equity tracker is “Amber” then this deranged and unworkable. If everything is highlighted as a potential scam then nothing is highlighted as a scam! — Alistair Cunningham … Continue reading →

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Employers should refer staff who can’t afford their pension to MoneyHelper

Posted on September 10, 2022 by henry tapper

Contrary to the messaging from those who have postponed the attention to pension plan and cancelled a Nest Insight seminar, the issues surrounding our day to day finances are not put on hold till we have mourned the queen. Yesterday … Continue reading →

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“No better time to extend auto-enrolment than now”. Webb hits out at Treasury as “blockers”

Posted on June 9, 2022 by henry tapper

It was good to see Steve Webb back in parliament, if only for the Work and Pensions Committee’s discussion yesterday morning  questioning key players past and future Witnesses Panel 1 Sir Steve Webb Baroness Jeannie Drake Baroness Ros Altmann Panel … Continue reading →

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Charles Counsell hands on the poisoned chalice

Posted on June 3, 2022 by henry tapper

It’s been a year since TPR appointed Sarah Smart as Chair and her anniversary is marked by news that Charles Counsell will not be seeking a second four year term as CEO. Sarah Smart brought youth and feminity to a … Continue reading →

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“They’ve got Charles Counsell – he’s one of their own”

Posted on December 19, 2018 by henry tapper

  As a kid I always preferred home-grown, beat the expensive imported stuff.  So it seems does the Pensions Regulator – who’ve eschewed the great and the good and gone for one of their own. Those of us who have … Continue reading →

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“Best of TPAS-Best of MAS”; here’s your starter for 10!

Posted on November 28, 2017 by henry tapper

Best of TPAS – best of MAS It’s good to hear that people with money problems will now get a “best of MAS/best of TPAS” service, ( what this press release is alluding to).   The Money Advice Service (MAS) and … Continue reading →

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