Tag Archives: dc
LGPS shows Workplace DC a clean set of heels
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
TPR calls for lifestyle strategies to be reviewed
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
Will the new inequalities of Dutch pension prove easier to stomach than the old ones?
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
The grand old Duke of York should have “avoided foreseeable harm”….
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
Posted in pensions
Tagged DB, dc, de-risking, Duke of York, Einstein, Gilt yields, Pensions
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The drive to consolidate DC pension schemes is no bad thing.
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
Posted in pensions
Tagged consolidation, DB, dc, MNTs, Pensions, small schemes, trustees, unions
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Congratulations to Royal Mail on Britain’s first authorised CDC scheme
A sight many of us thought we would never see…. It is hugely satisfying that after so long, we can finally say that there is an authorised CDC scheme. Many congratulations to the management of Royal Mail , to its … Continue reading
DC pensions should invest for a brighter future and ditch de-risking.
DB and DC are not the same. We have destroyed the corporate DB sector by applying the wrong rules , we are now applying the strategies that ruined DB to our DC workplace pensions. We must stop insuring and start … Continue reading
The importance and focus of UK DC consultants
The influence of a handful of independent consultants in determining winners and losers in the reshaping of DC workplace pensions cannot be overestimated. The big deals- the consolidation of large single employer sponsored occupational schemes into master trusts are determined … Continue reading
Fairer pensions for the private sector?
One of the Minister for Pensions personal desiderata is to narrow the gap between DB and DC savers. The graph, taken from the DWP’s recent Analysis of Future Pension Income.shows DC savers increasing while those with DB rights are … Continue reading
Burnt at the stake – the 2022 “lifestyle” fiasco is no joke.
End of the sub-zero bond yield era https://t.co/4iygBZ3Z4o — Josephine Cumbo (@JosephineCumbo) January 5, 2023 Over the Christmas period , Japan decided to join the rest of the world and call time on “free money”. You now have to pay … Continue reading