Tag Archives: corporate governance

Wake up to the PPF!


  It was good to oversleep and wake up not to the lark (metaphorical here in EC4), but to Alan Rubenstein purring about his Pension Protection Fund. Pension Protection Fund figures published yesterday show the lifeboat scheme has £4.1bn surplus and … Continue reading

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Playing the personality card


Of all the financial myths that remain unchallenged, the myth of personality is least challenged and most lethal. For it allows the congregation of expert panels/committees/boards – stuffed with perceived “personality” to validate all manner of iniquities. For those personalities … Continue reading

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How can IGCs engage people with their pensions?


There are three measures by which I am judging the IGC Chair reports Do they speak with a proper tone of voice Do they show themselves effective in dealing with the provider they are governing Have they properly addressed whether … Continue reading

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Money corrupts, is State Street corrupted absolutely?


Is there no end to the  greed within State Street’s global custody division? Two former executives at State Street have been charged by US officials for their part in a scheme involving secret commissions within its transition management business. Ross … Continue reading

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Aren’t we our century’s spoiled brats?


Another year,another sensational headline from your “pension puncturing” Daily Express. It’s not a new story, its facts are from the Pension Institute study published last year. So long as interest rates remain low, pension liabilities will be inflated and pension … Continue reading

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The Nigella Lawson of workplace pensions


I met Hayley Jaggers at a recent Capacity Crunch Conference and linked in with her. We agreed to meet at our Tonbridge offices and we had a business meeting yesterday. She has re-defined my expectation of what can be achieved … Continue reading

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Tidings of great joy from the ICAEW


Auto-enrolment is a worry to accountants. Estimates are pretty consistent that around two thirds of all employers staging auto enrolment will look to accountants for compliance with auto-enrolment regulations and help with choosing and setting up a workplace pension. Unfortunately … Continue reading

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Pensions are dead – long live pensions!


The OECD have spoken – British workers will have worse pensions than folk from any other OECD country; this from Patrick Collinson in  the Guardian. Workers in the UK will have the worst pensions of any major economy and the … Continue reading

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NEST is not a financial soup-kitchen.


For some time , I and others advising on workplace pensions have been calling for NEST to make a clear statement on charging employers for NEST support. Now we have it . In case you can’t press the link , here … Continue reading

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Preparing for an auto-enrolment capacity crunch.


The Telegraph is running a story suggesting that the DWP are drawing up a plan B for auto-enrolment that could see the timeline for initial staging stretch to the next decade. Nannies, gardeners and staff at small firms may not get … Continue reading

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