Tag Archives: KPMG

Putting “transfer” in employer’s heads

Posted on March 3, 2020 by henry tapper

Since 2012, the industry has self regulated pension transfer exercises where employers offer staff a financial incentive, to quit good quality schemes. Industry leaders are now calling for the Govt to intervene after saying self-regulation is failing https://t.co/sSwvLQG94A — Josephine … Continue reading →

Posted in age wage, pensions, Pensions Regulator, TPAS | Tagged , , , , , , , , , , , , , , , | 1 Comment

What will Isio mean for pensions?

Posted on March 2, 2020 by henry tapper

Over the weekend I saw a number of my pension contacts leaving KPMG and joining Isio. I couldn’t work out what Isio was until the FT ran an article about this new consultancy launching today. If I was in the … Continue reading →

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Could a Local Government Pension Scheme go bust? NO

Posted on March 11, 2018 by henry tapper

  Well the answer “no” as has been explained to me by Colin Meech of Unison – who makes the following points; LA’s can not go bust in the way you suggest – they would be taken over by government … Continue reading →

Posted in Big Government, corporate governance, governance, pensions | Tagged , , , , , , , | 2 Comments

Waiting for Dunkirk ; The Pensions and Benefits show #pb13.

Posted on June 13, 2013 by henry tapper

We’ve seen the early skirmishes which have been won by large employers throwing money at the problem but our Dunkirk has yet to come Continue reading →

Posted in pension playpen, pensions | Tagged , , , , , , , | 3 Comments

Payroll folk and Pensions should be friends

Posted on August 17, 2012 by henry tapper

Well ok, it’s not as glam as the farmer and the cowboy in Oklahoma, but there’s that same edge between payroll and pension people . This blog’s about how we’re getting it together- thanks to some lucky chancs- some serendipity! Serendipity … Continue reading →

Posted in auto-enrolment, dc pensions, Payroll | Tagged , , , , , , , | 3 Comments

Who cares who manages our pension funds?

Posted on May 24, 2012 by henry tapper

Almost nine out of ten defined contribution members cannot name the funds their contributions are invested in, according to research from Standard Life. The survey revealed that, in spite of this, just under half (49%) of respondents, felt their investments reflected their … Continue reading →

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Some of our pensioners are unwell

Posted on September 2, 2011 by henry tapper

I’ve  not  read anything so silly as this  http://www.professionalpensions.com/professional-pensions/news/2105510/stv-slashes-liabilities-bespoke-mortality-exercise for a long time. If you can’t read the story via the link, KPMG are delighting in having got the STV Trustees to change their mortality assumptions after they’d collected eveidence that most of … Continue reading →

Posted in corporate governance, de-risking | Tagged , , , , , , , , , , , , , | 5 Comments

That ETV debate in full

Posted on August 20, 2011 by henry tapper

Sometimes people’s comments on blogs are more interesting than the blog itself- this is certainly the case in a blog I wrote last week on “Enhanced Transfer Values” the thrust of which is that there are better ways to de-rsik defined benefit pension plans than by giving members cash bungs to transfer out theirguaranteed rights.
Continue reading →

Posted in annuity, dc pensions, de-risking, pension playpen | Tagged , , , , , , , , , , , , , , , , , , | 11 Comments

There are better ways to de-risk than ETVs

Posted on August 18, 2011 by henry tapper

The only pension schemes which you cannot transfer out of are the Basic State Pension, State Second Pension and NEST (yes – odd that a DC plan is in that mix). Continue reading →

Posted in corporate governance, customer service, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, NEST, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 13 Comments