Tag Archives: consolidation

“Consolidate or die” – the DWP tells workplace pensions.

The Department for Work and Pensions (DWP) has launched a consultation seeking views on further proposed changes to the general levy on occupational and personal pension schemes. Their excellent press release tells you what you need to know about the … Continue reading

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

Should the PPF be the consolidator of last resort?

Should the PPF be more than a lifeboat? There is nothing new about calling for the PPF to be more than a “lifeboat”. It is a Government pension success story and has delivered on its objectives to provide security to … Continue reading

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

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

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

Posted in pensions | Tagged , , , , , | 4 Comments

The drive to consolidate DC pension schemes is no bad thing.

The idea that “big is better” is not a universal truth, in the 1970s thinkers such as EF Schumacher said “small¬† is beautiful” an idea that is still popular for millions of us who till allotments or run businesses out … Continue reading

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

DC consolidation slows , Cinderella sits by the fire.

The Corporate Adviser Intelligence on GPP and mastertrusts is back for 2023 and a very good read it makes. The headlines are in the infographic above and I intend to dig down behind several of these metrics in blogs to … Continue reading

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

So how’s DC consolidation actually going?

  The Pensions Regulator has published its 2022 to 202 DC trust: scheme return data¬† The two key images are the chart and table below. They talk to the consistent picture we have seen since this research and analysis began … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Could DC consolidation cause a fresh pension crisis?

    In this blog I argue that DC has its own version of LDI which is still embedded in many occupational DC schemes. Transferring out of these schemes risks crystallising losses for savers – akin to “losing the LDI … Continue reading

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

Implacably opposed to SIPPs?

My last meeting of the year was with a SIPP provider. We discussed the performance of the funds it offered, the value it had offered for the money it had garnered (mainly by combining pension pots built up in the … Continue reading

Posted in pensions | Tagged , , | 1 Comment

Most workplace pensions are great – but DWP’s right to search the weeds

  The DWP is reporting that most employers don’t shift workplace pensions. Tom Higgins and Alex Janiaud report in FT Advisor Employers mainly considered time and financial resource, the reputation and security of a scheme, value for members and advice … Continue reading

Posted in pensions | Tagged , | Leave a comment

Scheme consolidation? You ain’t seen nothing yet!

Speaking with Aussie legend Nick Sherry, I asked him why he was merging the Transport Workers Super with a much larger scheme “The optimum size of a Super is around $20bn AUS”, said the former minister, TWU is at about … Continue reading

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