Tag Archives: Cushon

Why has WTW bought Cushon? Why did people buy Cushon?

One interesting snippet from the WTW/NatWest Cushon press release comes at the end of Nick Reeves’ pre-report I wonder what an employer in a firm such as Creative or Salvus is thinking having started with that trust, become part of … Continue reading

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Why are banks so rubbish at workplace pensions?

The chart shows how “pensions” fit into a retail structure alongside protection and investments. This blog explains why workplace pensions do not fit on this organigram and why banks are so bad at doing pensions. Yesterday, I wrote a piece … Continue reading

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A great British Fintech is no fit for NatWest.

It is intriguing to consider what Cushon’s workplace pension (let’s put aside their ISA) to the three named suitor. There are many others who might have been on the suitors list, where the prospect of the master trust achieving Scale … Continue reading

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Will NatWest get back its £144m for 85% of Cushon?

It’s an important story if Editor John Greenwood puts his name to it. It was published on a Friday and so has had very little comment on it from a pension press (as yet) but I suspect it will have. … Continue reading

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NatWest Cushon set their sights high at the Mansion House

John Greenwood has reported on yesterday’s event at the Mansion House, reported on from the FT and Torsten Bell’s perspective here. It looks that an agreement was in place that set the FT’s Mary McDougall on reporting Torsten Bell and … Continue reading

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How Standard Life’s Master Trust could be a world beater.

Over this Easter weekend, Helen Dean, former CEO of Nest and one of the architects of auto-enrolment, will take over as Chair of Standard Life’s Master Trust. Big challenge 1.0 She can look back at this statement, made when she … Continue reading

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Pot for life (more than a hippy’s dream)

Having roved around the basement of the National Liberal Club with David Robbins and the Pension PlayPen crew (more on this later) , I cycled through a wet Whitehall to the offices of the Social Market Foundation meeting along the … Continue reading

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“Chapeau Cushon” – truly consolidating Workers Pension Trust

“Chapeau”  Cushon What Cushon has achieved in merging Workers Pension Trust into the Cushon trust is truly outstanding and sets the benchmark for consolidators going forward. According to its press release we learn that  the consolidation – an intra-group merger … Continue reading

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The future for LTAFs looks grim.

Sales of LTAFs aren’t going well and this doesn’t bode well for both the Conservative and Labour party’s plans to put our long-term savings to work for the good of the country. This week we learn that sales of LTAFs … Continue reading

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Cushon fusion. As part of NatWest will Cushon innovate or replicate?

Cushon has reached an agreement with NatWest Group for them to acquire a majority shareholding in Cushon.  A minority shareholding (15%) will remain with Ben Pollard, CEO and Founder and other senior management.  Cushon, a great British Fintech The story … Continue reading

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