Tag Archives: DC Comics

Bill Whitehead’s drawers

I wrote last week about why we need a national register of people’s pension pots (not a clearing house or a system of enforced transfers). Re-reading the post, I can see many people will be asking “what is the issue at … Continue reading

Posted in annuity, auto-enrolment, corporate governance | Tagged , , , , , , , | 10 Comments

Search “my pensions”!

Steve Webb is right in reckoning we would value our personal pension saving more if it were in one big pot. He is right that this would make the job of converting pension saving into an income stream for life easier. … Continue reading

Posted in annuity, corporate governance, dc pensions, defined aspiration, FSA, happiness | Tagged , , , , , , , | 7 Comments

What’s in store for UK pensions in 2012?

Artificially depressed interest rates drive up DB deficits and depress annuities but the pressure on life companies and pension schemes to adopt Solvency II recedes as the UK  distances itself from Brussels. The price of the settlement on public sector pensions is … Continue reading

Posted in annuity, corporate governance, dc pensions, EU Solvency II, NEST, OECD | Tagged , , , , , , , | 7 Comments

Ticking timebombs in the pension cupboard

When things go wrong in DC pension administration they go badly wrong. The old axiom is “right first time”. The cost of unravelling a mistake can be ruinous. Take the case of the Dutch insurer Aegon, whose UK subsidiary formerly Scottish Equitable– has had … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, NEST, pension playpen | Tagged , , , , , , , | 1 Comment