Tag Archives: dc

“Helping savers understand their pension choices” My Blueprint for Trustees.

Posted on August 7, 2023 by henry tapper

  I’m using these cold and wet weekends we’re having, not to sit alone on my boat but to write to Government my thoughts on some of their  papers that come out of the Mansion House Reforms. The one I … Continue reading →

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TPR has a new mindset. Get with it or get out.

Posted on July 27, 2023 by henry tapper

Jo Cumbo’s meeting with Nausicaa Delfas This interview  is the clearest evidence yet that there is a new mindset within TPR. Because I don’t have enough free links to offer direct access , I will share a PDF of Jo’s … Continue reading →

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16bn reasons why USS was saved by the discount rate

Posted on July 27, 2023 by henry tapper

Saved by the discount rate! — Richard Disney (@RichardDisney) July 26, 2023 Richard Disney’s verdict on the state of the USS pension scheme , which as I mentioned last week, is showing that it lost £16bn of its asset base … Continue reading →

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Trott plans to revive ambition within DB pensions.

Posted on July 12, 2023 by henry tapper

When Laura Trott arrived in post she called up a few people who Guy Opperman had suggested to her and told them she intended to narrow the difference between DB and DC outcomes. I was one of them. Frankly, I … Continue reading →

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Steve Webb, fresh from the Mansion House – 10.30 today at Pension PlayPen

Posted on July 11, 2023 by henry tapper

Steve is one of Britain’s premier pension commentators , having been Minister for Pensions during the Coalition. Now he’s a consultant for LCP and he appears on every platform from the Martin Lewis Money Show to the Work and Pensions … Continue reading →

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LGPS shows Workplace DC a clean set of heels

Posted on July 1, 2023 by henry tapper

LGPS – the benefits of maturity One of my aims for spending three days with the LGPS crew this week was to see what a fully functioning investment community intent on ESG and levelling up – looked like. I can … Continue reading →

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TPR calls for lifestyle strategies to be reviewed

Posted on June 7, 2023 by henry tapper

Louise Davey, acting head of policy at TPR has written a blog to coincide with the PLSA investment conference, “Trustees must not lose focus on protecting members from economic volatility” Indeed they shouldn’t. we remain determined to ensure trustees do … Continue reading →

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Will the new inequalities of Dutch pension prove easier to stomach than the old ones?

Posted on June 1, 2023 by henry tapper

The Dutch pension reforms will involve the transfer of all accrued and future DB pension rights to the new DC system, without the consent of the member. “It is by no means certain that each member will benefit” from this … Continue reading →

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The grand old Duke of York should have “avoided foreseeable harm”….

Posted on May 25, 2023 by henry tapper

Anyone who is familiar with the Consumer Duty knows the phrase “avoiding foreseeable harm” but trustees and funders of occupational schemes may not. That’s because the Consumer Duty doesn’t extend as far as occupational schemes. Perhaps it should. If you … Continue reading →

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The drive to consolidate DC pension schemes is no bad thing.

Posted on May 21, 2023 by henry tapper

The idea that “big is better” is not a universal truth, in the 1970s thinkers such as EF Schumacher said “small  is beautiful” an idea that is still popular for millions of us who till allotments or run businesses out … Continue reading →

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