Tag Archives: Fiduciary Management
The pervasive progress of “fiduciary management” into DC schemes.
Why Fiduciary Management is important to DC schemes This blog is part 2 of my thoughts on Barnett Waddingham’s excellent review of investment performance in fiduciary management in 2022. Though this paper does not talk of DC schemes, it … Continue reading
Posted in pensions
Tagged DC trustees, Fiduciary Management, Pensions, pervasive, trustees
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The Care-taker
The Caretaker or janitor was a familiar figure in apartment blocks until recently. Their demise has coincided with the advent of outsourced facilities management. Listening to the National Association of Fire Door manufacturers calling this morning for a single accountable … Continue reading
Posted in pensions
Tagged CARE, Duty of Care, Fiduciary Management, fund management, governance, IGCs
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When cheap is not cheerful – Boris Bikes and uncapped liabilities.
Boris Bikes are wonderful. For £90 a year you can hurtle around the streets of London on the cycling equivalent of a Sherman Tank. All you have to remember is to dock your bike at the end of your … Continue reading
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Tagged blame, Boris Bike, Boris Bikes, Boris Johnson, Borough Market, Fiduciary Management, liabilities, pensions, Santander, Sherman Tank, uncapped liabilities
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Meaningless choice
“choices should only be offered where they are meaningful, timely and can be taken in the full understanding of both up and downside”.
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Posted in annuity, corporate governance, customer service, de-risking, Fiduciary Management, Liability Driven Investment, NEST, Retail Distribution Review, Retirement
Tagged Business, Debora Price, Decision making, Eagle Star, Eagle Star Insurance, Einstein, Employment, Fiduciary Management, Financial Capability, Financial literacy, Financial services, Galileo, Gallileo, Newton, pension, Quantitative easing, Social group, trustee, United States, Wittgenstein
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Le Pension Crisis est Arrivé
Image via Wikipedia PWC report today that the value of DC pension pots has fallen by 30% in the last three years. This Telegraph article gives the grim details. This is not a paper loss which can be reversed if markets recover, … Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, NEST, OECD, pension playpen, Retirement
Tagged annuity, Bank of England, Channel 4, corporate governance, corporate risk, customer service, Cyberbury, dc pensions, de-risking, England, Fiduciary Management, Financial Assistance Scheme, John Hutton, moneysavingexpert, NEST, OECD, pension, pension playpen, Pension Pound, Pension Poverty, Pension Protection Fund, Pensions, Public Sector Pensions, PWC, Quantitative easing, Retirement, RSA, Steve Webb
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The Regulator, wisdom and the crowd
The Pension Regulator, it needs be said , did not have a good Professional Pension Show. Things started well enough with a keynote speech that laid out its 2012 agenda Get DB solvent Get DC sorted Get Auto-Enrolment in Simples… And that … Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, Liability Driven Investment, NEST
Tagged annuity, Bill Galvin, bribery act, Brighton, corporate governance, customer service, dc pensions, de-risking, Employment, Fiduciary Management, Financial services, Government, Human Resources, Keynote, Liability Driven Investment, National Employment Savings Trust, NEST, pension, Pension Regulator, Trusteeweb, William F. Galvin
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A pound spent on pension’s as good as salary – the new golden rule
I published a blog recently on the need for the DWP to take notice of the real concerns of the ASA. It got some really interesting comments made on various sites mainly opposing the ACA’s pessimism. Interestingly the pessimism of the actuaries mirrors … Continue reading
Posted in annuity, corporate governance, dc pensions, Fiduciary Management, pension playpen, pensions, Retirement
Tagged annuity, Business, corporate governance, croydon, dc pensions, Economics, Employment, Fiduciary Management, Financial services, Human Resources, Insurance, National Employment Savings Trust, pension, Pension new, pension playpen, Pension Pound, Pension Poverty, pensions, Pensions, Politics, Public Sector Pensions, Retirement, Salary, Society
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Just watched the Wigan West Ham game on radio
Watching a Premier League Game is a marketing not a football experience. Continue reading
A massive failure of nerve – the sad state of our DC pensions
Last year 460,000 people bought annuities from their DC pensions, Two thirds of these people did not bother to get the best rate for their accumulated funds and as a result suffered on average a 10% lower pension than those who did. Continue reading
Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Liability Driven Investment, NEST, pensions, Personal Accounts, Retirement
Tagged corporate governance, dc pensions, de-risking, Department for Work and Pensions, Employment, EU Solvency II, Fiduciary Management, Hargreaves Lansdown, Liability Driven Investment, Mike Wadsworth, National Employment Savings Trust, NEST, pension, Pension new, Pension Pound, Pension Poverty, pensions, Pensions, Persnal Accounts, Personal Accounts, Politics, Rensselaer Polytechnic Institute, Retirement, Society, Tom McPhail
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