Tag Archives: Consultants
Why “up to 60% more pension” should be a focus of the debate on CDC.
It is funny what captures the imagination of the pension brother (and to a degree sister) hood. The Pensions Bill has become an argument about mandation of investments and whether Government can have power to implement it to increase funding … Continue reading
Paint my bandwagon
There are some consultants who see the funding of DB pensions as a mercurial science where schemes can be magically elevated from zero to hero at the click of a chancellor’s mouse. For them the gilt rate determines pension funding … Continue reading
Pot for life spells d-o-o-m for DC consultants!
There are 1.3m employers in the UK operating pensions auto-enrolment, a few thousand of whom use the services of actuarial and employee benefit consultants.. So we can reasonably talk about the employers who pay for advice on workplace pensions in … Continue reading
Consultants – we must end the “AMC limbo” now!
A long time ago , I and a colleague were presenting to the trustees of the parliamentary DB pension plan (the PCPF), an alternative AVC arrangement to the Equitable Life (whose proposition was collapsing). We knew that we were offering … Continue reading
Forget the doors, we need new stables – FCA and TPR’s LDI guidance
I doubt that any conversation surrounding TPR and FCA’s guidance on managing LDI will not reference stable doors, horses, creaking hinges or boults. Being wise after the event is something we are all very good at, being wise before the … Continue reading
Combining pensions – what are Dan and Steve really up to?
Dan Mikulskis and Steve Webb have teamed up to write a paper aimed at people considering combining their pension pots. They are writing for the kind of sophisticated consumer who knows their way around pensions and is thinking of … Continue reading
Posted in pensions
Tagged actuaries, Consultants, Dashboard, experts, Geeks, LCP, Pension Dashboard, Pensions
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Ros Altmann’s defence of pension consultants (contested).
I wouldn’t say my “postbag was full” , but my recent blog on the damage inflicted by pension consultants on the UK pension framework has raised a few heckles on social media. Having worked in pension consultancies for nearly twenty … Continue reading
93% of advisers put two fingers up to TPR’s Fast Track funding proposals
The UK #pensions sector has undertaken a temperature check on major changes to a funding code, governing DB schemes, proposed by the Regulator. The result was a cool response to proposals for a new “twin track” approach to scheme valuations. … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Consultants, lawyers, pension, Society of Pension Professionals, SPP, Turkeys
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Managing means knowing what to measure
One of the most interesting (and challenging) parts of running a blog is in encouraging and moderating comments. This site gets quite few (real) comments, but sometimes the comments are as insightful as the blogs they comment on. Such … Continue reading
Posted in actuaries, advice gap, pensions
Tagged AgeWage, cliche, Consultants, managed, measured
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CMA investment probe shock; the big three breathe again!
It shows the distance between the consumer and the investment consultant that all but a handful of readers will know what this headline refers to. To the general public, the Competition and Markets Authority’s probe into the opaque world of … Continue reading
Posted in advice gap, pensions
Tagged Aon, CMA, Consultants, Investment, Mercer, pensions, WTW
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