Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
That is a good point about the ordinary person/voter due to being too poor to get interested in political donations.…
Tag Archives: governance
Governance – as easy as riding a bike?
I sometimes get unsolicited blogs sent me by friends. This one was sent me by Bob Compton, a regular commentator on here. It’s written by Michael Redston who combines an interest in cycling with pensions governance Introduction Innovative art … Continue reading
Let loose the dogs of law!
In this article, I argue that until those who manage funds and assets are held responsible to the end consumer we will not see effective enforcement of reforms. The central thrust of the FCA’s Asset Management Market Study (interim) is … Continue reading
Posted in pensions
Tagged Asset management, dogs of law, FCA, Fiduciary, governance, ICG, law, market study, trustees
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Was BHS a blessing?
At a rowdy debate at yesterday’s Battle of Ideas, my colleague Hilary Salt stoked the fires by claimed the fall of BHS was a milestone to improving British productivity. Nobody expressed disagreement – despite it being packed with left-wing thinkers. … Continue reading
Posted in pensions
Tagged BHS, blockchain, Brexit, ethical, ethics, first actuarial, governance, Hilary Salt, Merryn Somerset Webb, pensions, Productivy, Technology
3 Comments
“Transaction cost disclosure in Workplace Pensions” – #FCA
Most people now have a DC workplace pension and if you haven’t got one you’re either very lucky (as you’re accruing a defined benefit) or one of the 6m marginal employees who are reckoned to be “entitled”, “non-eligible” or … Continue reading
Posted in pensions
Tagged charges, costs, FCA, governance, IA, pension, workplace Pensions
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Allardyce- a fan’s eye’s view.
“Money corrupts and wads corrupt absolutely” – anonymous football fan – last night. I heard about Sam Allardyce’s departure from the England Manager’s job while watching Cambridge United beat Yeovil Town in a Tuesday night league 2 fixture at … Continue reading
Posted in pensions, Yeovil Town
Tagged Cambridge United, Corruption, England, FA, football, governance, Money, Sam Allardyce, yeovil town fc
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Don’t be passive; just because your tracking
Most of us have our pensions invested in passive funds. I use a passive grammatical structure because we do not choose , our funds are chosen by others, hopefully with our best interests in mind. So the best we … Continue reading
Posted in pensions
Tagged ETF, governance, IGC, pension, SIPP, Tracking difference, Tracking error, VFM
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The soft underbelly of master trusts
Many master trusts are absolutely rotten – they are not fit for purpose. Lots of advisers are using them as a back door way of bringing in commission, dressed up as high governance charges. The words of Barnett Waddingham’s … Continue reading
Posted in accountants, advice gap, auto-enrolment, pensions, Pensions Regulator
Tagged auto enrolment, charges, DWP, Employment, Financial services, governance, Government, master trust, National Employment Savings Trust, Retirement, soft underbelly, The Pensions Regulator, trust, underbelly
2 Comments
Governance rides a horse called transparency!
My day today is dominated by meetings about governance. I’ll be meeting organisations who want to provide benchmarks for governance, an organisation charged with overseeing the pension pots of millions of us and a regulator who kicked off the shift … Continue reading
Posted in governance, pensions
Tagged Business, Employment, Financial services, governance, pension, pensions, Retirement, Transparency, trasnparency taskforce, TTF
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IGCs – a final reckoning
Here is a summary of the IGC reports analysed on this blog. If you want to read my assessments in detail, please use the search engine. I have segmented the blogs as you can see. It may be unfair to … Continue reading
Posted in governance, IGC, investment, Pension Freedoms, pensions
Tagged Asst manager, auto enrolment, CAA, FCA, governance, IGC, SIPP, TPR
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How IGCs help employers (and their advisers)
If you read the terms of reference or Chair reports of the IGCs (and GAAs) , it’s the “member” on whom the work is focussed and for whom the reports are written. “Member” is short-hand for policy holder as in … Continue reading
Posted in IGC, pensions, Personality
Tagged Business, customers, employers, Employment, FCA, Financial services, GAA, governance, IGC, members, pension, pensions, Retirement, TCF
2 Comments
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…