Tag Archives: Financial Services Compensation Scheme

The Regulator’s right to be cautious about mastertrusts

Over the past two years we’ve seen a number of multi-employer occupational schemes spruced up for auto-enrolment. We’ve seen a number of insurers and asset managers set up as the providers of master trusts. We’ve had a few financial advisers … Continue reading

Posted in actuaries, annuity, auto-enrolment, club pension, dc pensions, governance, NEST, Payroll, pensions | Tagged , , , , , , , | 9 Comments

Ticking timebombs in the pension cupboard

When things go wrong in DC pension administration they go badly wrong. The old axiom is “right first time”. The cost of unravelling a mistake can be ruinous. Take the case of the Dutch insurer Aegon, whose UK subsidiary formerly Scottish Equitable– has had … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, NEST, pension playpen | Tagged , , , , , , , | 1 Comment