Tag Archives: Frank Field

Frank Field letter to the FT on pension freedoms

Posted on October 29, 2017 by henry tapper

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 →

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USS – the plot thickens!

Posted on October 15, 2017 by henry tapper

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 , , , , , , , | 15 Comments

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

Posted on September 4, 2017 by henry tapper

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

Posted on September 3, 2017 by henry tapper

  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 →

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

Posted on May 1, 2017 by henry tapper

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 →

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A business-friendly Pension Green Paper

Posted on February 22, 2017 by henry tapper

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 henry tapper

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.

Posted on September 27, 2016 by henry tapper

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 henry tapper

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 henry tapper

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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