This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
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…
Tag Archives: jo cumbo
Can’t get to grips with collective pensions? LCP and Barbi-can!
I’m sorry about the poor headline to this post but the Barbican was part of the experience of LCP’s DB conference yesterday. I’ll call it a collective pension conference as CDC crashed the party. It looks like LCP , the … Continue reading
Posted in pensions
Tagged jo cumbo, Justine Joy, Kevin Fong, Laura Purkess, LCP, Sam Brodbeck, Steve Webb
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Jo Cumbo’s final warning as an FT journo is to high earners endangered by the pension tax-trap.
Jo has left the FT; her final day was 31st July and this was published on the 1st August. I offer it to the Pension Plowman’s readers as a memorial to a fine lady who sacrificed her night with Nick … Continue reading
Are different supermarket’s strawberries fungible? Is there VFM but in price?
I have been pondering this, My partner, who doesn’t like strawberries says they are and I say that Waitrose No 1 strawberries are different and are not fungible with Aldi strawberries which are half the price. I want to have … Continue reading
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Tagged chris sier, fungibility, Investopedia, jo cumbo, Strawberries, VFM
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Let Jo Cumbo and Nest have this debate in front of 14 million savers!
There are two competing views on how 14 million saver’s should have their money invested. This is a view that accords with the research that Nest commissioned from its members. This is the view of Josephine Cumbo, a longtime friend … Continue reading
Savers need to know how their savings did – say these heroes of VFM!
Jo is right, how we have done with our savings should be important to us in the UK as it is in her native Australia But it goes further than the analysis from Corporate Adviser (good as that is) Olly … Continue reading
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Tagged Dean Wetton, Heroes, jo cumbo, John Greenwood, Olly Payne, VFM
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Google DeepMind or Thames Water? Can you or your employer’s DC “workplace pension” take the risk?
Jo Cumbo is spot on here; I am sure that Jo is furious that pension mandation could leave some schemes the worse for doing what they had to do. She sees things through the eyes of employers and through those … Continue reading
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Tagged CDC pension, DC pension, DC pot, Deep Mind, jo cumbo, Thames Water
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Google DeepMind or Thames Water? Can you or your employer’s DC “workplace pension” take the risk?
Jo Cumbo is spot on here; I am sure that Jo is furious that pension mandation could leave some schemes the worse for doing what they had to do. She sees things through the eyes of employers and through those … Continue reading
Posted in pensions
Tagged CDC pension, DC pension, DC pot, Deep Mind, jo cumbo, Thames Water
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“Pension wealth” is subject to “EET” – exempt, exempt – but taxed when spent!
Jo Cumbo in an excellent article charts the complexity to the rich of having money as “pension wealth”. The furore over IHT over pension “wealth” is a belief that for the rich, pensions were “EEE”, not “EET” as they are … Continue reading
I took her CDC baited hook and was landed by Jo Cumbo!
Following this year’s Pensions UK investment conference I was told that my press badge would not be renewed. I was not a journalist and I spent too much time expounding my commercial views and not enough the views of other. … Continue reading
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Tagged CDC, ft, increases, jo cumbo, Journalist, Pensions, salesman
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Can trustees go against the laws of parliament? Members elect Governments.
So runs this morning’s headline in the FT (Mary McDougall). The argument that has been put forward by Pensions Minister Torsten Bell and argued for by political economists such as Will Hutton. The debate by an FT journalist (Jo Cumbo) … Continue reading
When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…