Tag Archives: Frank Field

A business-friendly Pension Green Paper


I went to a  talk yesterday  from the CBI’s Carolyn Fairbairn. It was a lot more optimistic on business prospects than I’d expected (having heard her gnashing her teeth following the referendum). To be fair, she was saying then that … Continue reading

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Of nuclear deterrents, sledgehammers and nuts – (DWP Select on DB)


The 90 page report on the state of our defined benefit pension schemes is published this morning. From first to last it is the work of Frank Field, it begins with BHS and ends with BHS, the confrontation with Philip … Continue reading

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A sad year – when only Tories count.


I am going to the Conservative party conference, I am not going to the freak show in Liverpool and I don’t even know when the Liberals are convening. I have limited time on my hands to understand Government but I … Continue reading

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Pensions Minister in the house – shout out for Richard Harrington!


A new man In one of the lowest keys of appointments, Richard Harrington crept into the DWP as an under-secretary and inherited all the issues for rather less pay than he’d have got if he’d got the usual ministerial salary. … Continue reading

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Workie off balance-Frank to the rescue!


An everyday story of kleptocratic mismanagement Here is an extract from the recently published conversation between the DWP Select Committee (Frank Field & Co) and the DWP (under new management). You are always supposed to read the source material first, … Continue reading

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Get off your boat, get back to the Regulator, go and write a whacking big cheque.


A paraphrase of Frank Field’s advice to (Sir) Philip Green, after the publication of a damning report into the failure of governance that Green created in his 15 years in charge of BHS. Here is his press comment “One person, … Continue reading

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Shutting the stable door?


  We probably know more about the solvency of our defined benefit pension schemes than we have ever done. They are subject to rigorous examination by Experian who stress test them for failure to calculate their levy to the Pension … Continue reading

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Putting yourself second – what a boss should do.


There is no law that says you should be polite. Standing aside from someone getting off a train, opening doors for the elderly and those with push-chairs, paying your pension bills before paying your dividend, these are all things we … Continue reading

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Is work – are pensions (and is life) fair?


Reading the scope of the DWP Select Committee’s new enquiry into intergenerational fairness had me grasping for my video copy of the Meaning of Life. The inquiry aims to answer the question of whether the current generation of people in … Continue reading

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“Confusion rife!” and not just over the new state pension.


The DWP Select Committee has published its report “Understanding the New State Pension” this morning. The accompanying Press release calls for clear statements of entitlement while stopping short of calling for changes to those entitlements. The Work and Pensions Committee’s … Continue reading

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