Tag Archives: Consultation
CDC – the DWP seem to have got the message.
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
What is our goal for these simpler pension statements?
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
Association of Pension Lawyers dubious about tPR’s DB funding code
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
Posted in Blogging, later life, leadership
Tagged APL, Arc, Consultation, DB Funding Code, Pension lawyers, Rosalind connor, TPR
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Why value for money must be assessed on saver’s data
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
Posted in advice gap, age wage
Tagged AgeWage, Consultation, DWP, IRR, Pensions, Performance
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Philip Bennett’s DB funding code response
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 Consultation, DB funding, Pensions, Philip Bennett, TPR
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Sam Marsh’s response to TPR’s DB Funding Code
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
Posted in age wage, pensions, USS
Tagged Consultation, DB Funding Code, pensions, Sam Marsh, TPR, UCU, USS
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Ros Altmann’s response to TPR’s DB funding code consultation.
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
Posted in accountants, actuaries, pensions, Pensions Regulator
Tagged Consultation, DB Funding Code, final salary, pension, pensions, Ros Altman, TPR
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The DB white paper consultation- is it a scam, a closed shop or just a cock-up?
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
A tale of two failures. (BHS and Tata Steel)
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
Posted in pensions
Tagged Andy Haldane, BHS, Brexit, Consultation, David Cameron, DWP, June 23rd, pension, pensions, Philip Green, Tata steel, The Pension Regulator
9 Comments
When will these taxation nightmares end?
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
Posted in pensions
Tagged Consultation, Green paper, HMRC, nightmare, pension nightmare, Taxation
7 Comments