Tag Archives: DWP

Respect small pension pots, they simmer our dreams

I was lucky to be invited to listen to Chris Curry yesterday at a DWP convened meeting to think about the issues around small pots. Much of the information discussed was proprietary to the DWP so I can’t share the … Continue reading

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USS; are UCU and UUK missing the big picture?

This is nonsense. If universities can’t pay the required #USS DB contribution, then simply move to DC, which was of course the original plan. Universities backed down in the face of strikes https://t.co/rYtU1azGjM via @timeshighered — John Ralfe (@JohnRalfe1) November … Continue reading

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Are our pension schemes the treasury’s piggy bank?

Yesterday I published a series of tweets from Jo Cumbo on the difficulties the Pensions Regulator would have balancing the interests of members and sponsors with the interests of Rishi Sunak in getting schemes to invest in the nation’s infrastructure. … Continue reading

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A counterblast to apostasy – Keating and Clacher hold the faith!

  A blog from the pens of  Con Keating and Iain Clacher Henry Tapper has been our eyes and ears on social media and has passed us a variety of questions that have been sent to him on twitter. He’s … Continue reading

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Why is Pension Consolidation flavor of the month?

Yesterday (October 30th), the Government closed its consultation on improving member outcomes. It called for small workplace pensions to fold into bigger ones and by consolidating , deliver better outcomes for their members. Pension consolidation is so politically correct it’s … Continue reading

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The heavens open on tPR and DWP’s DB plans

As predicted in my recent blog , the heavens have opened and the Government’s plans for a new DB funding code and powers to the Regulator to make it stick are at risk of being deluged by industry criticism. Not … Continue reading

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Bowles, my liege! DWP’s cruel blow to open pensions

Like a U-boat slipping silently out of its berth, amendments to the Pension Schemes Bill were launched into the rough swell of political waters on Monday (19th). You can read the amendments here, though they seem to have eluded even … Continue reading

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What is our goal for these simpler pension statements?

Yesterday’s blog “The Simpler pension statement, more of the same I’m afraid“, anticipated the Government’s response its 2019 consultation on a simpler pension statement (and our comments on it). The Pensions Minister is pretty bullish on these statements (though his … Continue reading

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Spot on Steven Cameron – VFM needs radical innovation!

I find myself in  agreement with Aegon’s Steven Cameron in his position on the FCA’s value for money proposals as reported in Pension Age Steven Cameron, has highlighted concerns with proposed responsibilities for Independent Governance Committees (IGCs) in the Financial … Continue reading

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Andy Cheseldine’s VFM assessment is just too good!

Andy Cheseldine gave , in 21 minutes , one of the most complete and articulate expressions of what makes for good value in a DC pension scheme. I hate the word “masterclass” but on this occasion it is appropriate and … Continue reading

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