Tag Archives: Derek scott
Derek Scott and his part in the creation of the Mineworker’s surplus
I should put some context to the comment below, made by Derek Scott after he had read my article about putting the £15bn surplus in the PPF to work. There seem two types of surplus in UK DB pensions, those … Continue reading
Derek Scott calls on Pensions Awareness Day to be every day
Derek Scott’s view of Pension Awareness follows my publication of thoughts on the subject of Pension Awareness Days – yesterday! The existence of a “Pensions Awareness Day” creates the illusion that the problem is being addressed simply because people are … Continue reading
Cowardly capitalism blocks the free flow of transfers.
I do not want to make a crisis out of a drama , but we are having a bit of a drama on this blog about whether we are taking bulk transfers from DC schemes seriously. I have stated that … Continue reading
SJP’s right to hold pre-eminence in managing financial affairs of the wealthy questioned
Yesterday I published an article by Gordon Aitken that stood up for SJP after it had taken a stock-marketing beating for losing customers. My argument has consistently been that SJP serves a place in society, they are an expense that … Continue reading
Another senior pension thinker breaks loose to tell it like it was
We have fine voices among our fine mature thinkers; among them Derek Scott. Here are comments he has made on this blog; prompted by Andrew Young who he grew with over 60 years ago. The comments are about state and … Continue reading
Does this increased cost of a Regulator give any value to Pension Schemes and outcomes?
This question was posted on yesterday’s blog on the Pensions Regulator’s account of 2025/6. Derek Scott, a retired Trustee Chair and notable accountant had this in reply. I assume he talks of “value for money”; his comment is in reply … Continue reading
Derek Scott calls the state of reform from the Pension Schemes Bill
Some people do it for you whatever their age. Follow Bob Dylan , follow Derek Scott! Both call the state of things. So why do you want to read my blogs when you can read the fantastic Derek Scott … Continue reading
Could actuaries have had a better balanced address?
I must admit I wrote to Nausicaa Delfas to thank her for her speech. It is the first time I’ve heard the Pensions Regulator speak of CDC as a (let alone the) way forward. But I feel bound to give … Continue reading
DC workplace pensions can try to eat the CDC mouse, but Tom never got to swallow Jerry!
This is an interesting post from Joe Dabrowski formerly of Pensions UK now of Smart. I was surprised when I went to the Edinburgh Investment Conference that there was not one session devoted to the work pension CDC that is … Continue reading
We need better from FOS than this
A victim of the lack of action from FOS is Gavin H. Here he is on his experience Mercilessly mocking the Financial Ombudsman Service, the BBCs ‘The Naked Week’ took the view that if you didn’t laugh you’d cry. It’s … Continue reading