Tag Archives: Consultation

CDC – the DWP seem to have got the message.

Posted on July 19, 2021 by henry tapper

The consultation on the regulation of CDC schemes begins today and ends on August 30th,  it is a summer holiday job and timed to get a little attention as possible. As a statement of intent, Guy Opperman’s foreword is different … Continue reading →

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What is our goal for these simpler pension statements?

Posted on October 20, 2020 by henry tapper

Yesterday’s blog “The Simpler pension statement, more of the same I’m afraid“, anticipated the Government’s response its 2019 consultation on a simpler pension statement (and our comments on it). The Pensions Minister is pretty bullish on these statements (though his … Continue reading →

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Association of Pension Lawyers dubious about tPR’s DB funding code

Posted on September 15, 2020 by henry tapper

      Editor’s note Apologies to the APL and to readers for the poor reproduction of Rosalind Connor’s letter. This is due to the shortcomings of my PDF reading rather than a failure of the APL to correctly format … Continue reading →

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Why value for money must be assessed on saver’s data

Posted on September 14, 2020 by henry tapper

The numbers in the boxes above  show how much value a group of savers have done with £523m invested in their pots. On the face of it, they have got a better return on average (4.75%) than if they’d been … Continue reading →

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Philip Bennett’s DB funding code response

Posted on September 4, 2020 by henry tapper

Given that the future is unknowable (and particularly over very long time horizons), it is  poor regulation to encourage all DB Schemes to adopt similar investment strategies (herding). Continue reading →

Posted in advice gap, age wage, pensions, Pensions Regulator | Tagged , , , , | 4 Comments

Sam Marsh’s response to TPR’s DB Funding Code

Posted on September 4, 2020 by henry tapper

Sam Marsh is a lecturer and branch president of the Sheffield UCU. He has responded on his own behalf to TPR’s consultation. Continue reading →

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Ros Altmann’s response to TPR’s DB funding code consultation.

Posted on September 3, 2020 by henry tapper

I have asked for responses to the Pension Regulator’s consultation questions and Ros Altmann has obliged. As a member of the House of Lords and former Pension Minister, I hope Ros’ replies will be of particular interest Continue reading →

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The DB white paper consultation- is it a scam, a closed shop or just a cock-up?

Posted on June 27, 2018 by henry tapper

      As one of the DWP’s “stakeholders”, I got this message in my inbox yesterday. “I wanted to make you aware that the DWP has published a consultation for A Stronger Regulator today covering elements of its White … Continue reading →

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

A tale of two failures. (BHS and Tata Steel)

Posted on May 27, 2016 by henry tapper

BHS and Tata Steel; they have a lot in common BHS is a  failed retailer, a tired brand with 11,000 employees and a medium sized pension scheme with a hole in it. Tata Steel is a failed steelmaker, an iconic business … Continue reading →

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When will these taxation nightmares end?

Posted on November 1, 2015 by henry tapper

The ludicrous complexity around the 2016/17 rules for the pension annual allowance, are only part of the story! Add to them , the extraordinary complexity surrounding the use of Pension Input Periods and you have manna from heaven for pension tax … Continue reading →

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