Tag Archives: Frank Field

Frank Field and the “two worlds” of pensions.


    On Thursday 13th December the Workplace and Pensions Select Committee took evidence from a variety of people with an interest in the choices members have to take as part of Time to Choose, but in the context of  the … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , | 4 Comments

A method for the madness. Is the DWP Select Committee – pension’s best hope?


The diverse agenda of the DWP Select Committee might be considered madness. I am not going to write that their is method in this madness as it’s clear to me that we cannot properly consider freedoms, without looking at CDC for … Continue reading

Posted in drawdown, DWP, governance, Henry Tapper blog, pensions | Tagged , , , , , | 4 Comments

A time of trust – not guarantees.


About the time that I was ranting to TISA about the complacency with which we are dismantling the retirement promises made to those who were promised a DB pension based on the years they worked with the company;- this happened! … Continue reading

Posted in CDC, DWP, FSA, Music, pensions | Tagged , , , , , , , , , , , | 3 Comments

Frank Field letter to the FT on pension freedoms


Folly of granting total pension freedom is now becoming all too clear This is Frank Field’s letter to the FT , published October 28th. In the context of the Work and Pension Select Committee’s  current examination of pension freedoms, it needs … Continue reading

Posted in pensions | Tagged , , , , , | 8 Comments

USS – the plot thickens!


Correspondence has emerged between the various macro-stakeholders in the USS “pension deficit” The cast in order of appearance Frank Field – Chair Elect of the Work and Pensions Committee. Here he is kicking off correspondence in August with….     … Continue reading

Posted in pensions, USS | Tagged , , , , , , , | 12 Comments

What future – if we cannot rely on universities in twenty years time?


When I wrote my blog yesterday, I had not read the USS consultation document which contains the basis of the triennial valuation it has just completed. I was writing “over” the FT article written by Jo Cumbo which (as usual) presented … Continue reading

Posted in actuaries, advice gap, Henry Tapper blog, pensions | Tagged , , , , , , , | 8 Comments

Don’t make the teachers pay


  I am  sad to read that “academics face a big rise in their pension payments”. That’s the headline in the FT and it may be true. Another set of spurious numbers? The University Superannuation Scheme has completed it’s three … Continue reading

Posted in accountants, actuaries, advice gap, pensions | Tagged , , , , , , | 7 Comments

“How we’re paid” is top of #GE17 agenda


If there is a debate going on over who next Governs Britain, how we get paid – as workers and pensioners, is at the heart of it. BREXIT may be the most important political issue , but we are no … Continue reading

Posted in pensions, Politics | Tagged , , , , , , , , , | 1 Comment

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

Posted in pensions | Tagged , , , , , , , , , | 2 Comments

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

Posted in defined ambition, DWP, pensions, Pensions Regulator, workplace pensions | Tagged , , , , , , , | Leave a comment