Tag Archives: jo cumbo

Pension trustees -you can’t buy a sausage with a brick!

There is an interesting article in  the FT which has sparked quite different reactions from people I know. Here is it’s presentation from Jo Cumbo, who has strong views on investing other people’s money for social purpose. It’s Jo’s article. … Continue reading

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IGCs should take providers to task over the MaPS “price comparison” site

  Jo Cumbo and the FT are road testing the Government’s new pensions comparison site which helps people select a later life provider to pay them their money back via the four investment pathways. The worry for Jo and it’s … Continue reading

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Still no evidence that pots are becoming pensions!

There’s not been much discussion about the HMRC’s latest update on what’s being drawn down from  our pensions and what there has been has interpreted the data differently. Alistair Mcqueen has tweeted positively New pension freedom data out today. Total … Continue reading

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A Living Pension! What would it take to secure a better retirement income for workers?

  UK pensions have seen radical reforms in recent years to boost pension saving and tackle poverty in retirement. Government has introduced a flat-rate state pension and got more millions more workers saving through auto enrolment. But these policies alone … Continue reading

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TPR’s funding dilemma increases

  In an article in FTfm this morning , Guillaume Prache, MD of Better Finance (a EU wide organisation representing savers) claims that EU Governments have deliberately chosen to sacrifice the financial security of pension savers in favour of artificial … Continue reading

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Superfunds and COVID-19

In a very good overview of superfunds, Jo Cumbo and the FT explain the new option available to the 5000+ employers sponsoring DB schemes on what Guy Opperman calls their spectrum of choice. Jo makes clear that superfunds are not … Continue reading

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The G in ESG is vital to pensions and our pensions governance vital to ESG

  Sarah Wilson, chief executive of Minerva, the shareholder adviser, said: “At a time when innovation and [research and development] is so important it would seem that financial engineering is taking a higher priority.” – Financial Times  Employers looking for … Continue reading

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Pensions are today’s Big Read for FT readers

It is worth getting hold of an FT today or taking out a subscription. Jo Cumbo Robin Wigglesworth and Billy Nauman  have compiled stunning insights from around the world on how the pandemic has deepened the global pension crisis. I’ve … Continue reading

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Who’s protecting pensions from the impact of COVID?

This is a very real and important question as the priorities of Government tend to be protect jobs and the businesses that create job over the incomes of those who have left the labor market. The key performance indicators of … Continue reading

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Thoughts on the triple lock

There’s no doubt that the unwinding of the furlough presents the Treasury with a technical problem with the triple lock. You can read the details here But that does not mean that the pensions industry can consider the state pension … Continue reading

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