Tag Archives: Frank Field

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

Posted on May 1, 2017 by

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

Posted on February 22, 2017 by

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)

Posted on December 21, 2016 by

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

A sad year – when only Tories count.

Posted on September 27, 2016 by

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!

Posted on August 6, 2016 by

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!

Posted on July 26, 2016 by

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.

Posted on July 25, 2016 by

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?

Posted on May 30, 2016 by

  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 →

Posted in pensions, Pensions Regulator, Retirement | Tagged , , , , , , , , , , | 3 Comments

Putting yourself second – what a boss should do.

Posted on May 14, 2016 by

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?

Posted on January 14, 2016 by

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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