I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Success in applying the rules set out in law is not reliant on loopholes (I prefer educated projections of future…
Tag Archives: Financial services
Comparing the asset allocation of global pension systems
William Wright and James Thornhill – September 2024 Analysis of investment in domestic equities and of home bias by pension funds in the UK and around the world This report highlights that UK pension funds have a significantly lower absolute … Continue reading
Posted in pensions
Tagged Business, Defined benefit pension plan, Financial services, Pensions
Leave a comment
Are IFAs overserved?
I read that Standard Life has pulled back from providing a fresh platform for IFAs after a review concluded the traditional provider platform space is ‘very well served’. Independent financial advisers are served through software that offers them a load of … Continue reading
When it comes to pensions – we don’t know what we’re doing.
TPT’s survey of its DC membership makes for predictably depressing reading (reporting from Professional Pensions) Nearly half of defined contribution (DC) savers on the verge of retirement are unaware as to how they will access their pension savings, according to … Continue reading
Posted in pensions
Tagged Business, DWP, Financial services, Government, pension, Pension new, Pension Regulator, Pensions
1 Comment
“Show some bloody compassion!” Martin Lewis – a friend to the poor.
It’s time to call out these comments. When I started my career, the BBC called a programme I went on, about debt crisis “Hey Big Spender” – I objected. The biggest cause of debt crisis was change of circumstance. Since … Continue reading
Posted in pensions
Tagged AgeWage, Business, DWP, Employment, Financial services, Martin Lewis, pension, Steve Webb
2 Comments
Michelle Ostermann – the PPF’s new CEO
Here is how the PPF’s new CEO , Michelle Ostermann introduces herself on Linked in. I have over 30 years of pension investment and senior leadership experience. I am currently the CEO of the Pension Protection Fund and Chair of … Continue reading
Posted in pensions
Tagged Business, Financial services, Government, Michelle Ostermann, Pensions, ppf, Retirement
Leave a comment
Michelle Ostermann – the PPF’s new CEO
Here is how the PPF’s new CEO , Michelle Ostermann introduces herself on Linked in. I have over 30 years of pension investment and senior leadership experience. I am currently the CEO of the Pension Protection Fund and Chair of … Continue reading
Posted in pensions
Tagged Business, Financial services, Government, Michelle Ostermann, Pensions, ppf, Retirement
6 Comments
The high price we are paying for pension fraud
This blog is about a discussion in parliament about cleaning up a legacy of pension scams and a discussion in the popular press about how legislation designed to stop those scams is leading to popular discontent. This morning, we continue … Continue reading
Posted in pensions
Tagged FCA, Financial services, pension, pension playpen, Pensions, Retirement, TPR, workplace Pensions
Leave a comment
Pot for Life – when an employer bit off more than it could chew
I enjoy First Actuarial bulletins. This one’s so pithy it speaks for itself. We are light years away from pot for life and – as this case study shows, it’s not just payroll who’ll have problems! First Bulletin – … Continue reading
Posted in pensions
Tagged auto enrolment, Financial services, first actuarial, pension, Pensions, Retirement
3 Comments
Putting our money where the Chancellor’s mouth is.
After a week of hearing how hard it will be to invest in growth capital. I am relieved to hear that the British Business Bank is planning to help pension funds invest in venture capital using its considerable intellectual … Continue reading
Posted in pensions
Tagged Business, CDC, DWP, Financial services, Government, National Employment Savings Trust, NEST, pension, Pensions
3 Comments
Curiouser and curiouser – small pots the real agenda (Will Watling)
This blog, written by Will Watling on 25 July 2023, sums up the frustration of those who have committed time to developed the infrastructure to let pots follow members., The blog can also be found on Altus’ Website and on social media Those … Continue reading
Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…