Tag Archives: consolidation

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

Posted on October 4, 2023 by henry tapper

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 →

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Should the PPF be the consolidator of last resort?

Posted on September 6, 2023 by henry tapper

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 →

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

Posted on July 19, 2023 by henry tapper

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 →

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

Posted on May 21, 2023 by henry tapper

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 →

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DC consolidation slows , Cinderella sits by the fire.

Posted on May 17, 2023 by henry tapper

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 →

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So how’s DC consolidation actually going?

Posted on January 29, 2023 by henry tapper

  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 →

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Could DC consolidation cause a fresh pension crisis?

Posted on January 15, 2023 by henry tapper

    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 →

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Implacably opposed to SIPPs?

Posted on December 24, 2022 by henry tapper

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 →

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

Posted on October 31, 2022 by henry tapper

  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 →

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Scheme consolidation? You ain’t seen nothing yet!

Posted on July 7, 2022 by henry tapper

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 →

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