Tag Archives: lawyers
Are lawyers “economic parasites” or “rentiers”
Byron McKeeby has this to say. December 28, 2025 at 7.32 (Edit) AI gave me the following bones of contention on this topic: The question of whether or not lawyers are “economic parasites” or “rentiers” is a complex, critical debate. Some … Continue reading
How to re-define superfunds! “Interpretation” leads to “General Provision”.
Excuse me in strolling into an area for defined benefits that I call “pension capitalism”. I am not a financier, I am not an actuary, I am someone who sits at the other end of the process, helping ordinary people … Continue reading
“Taking CDC out of the hands of actuaries and lawyers”
What does “taking CDC out of the hands of actuaries and lawyers” mean? — Mike Harrison (@HigherEdActuary) August 20, 2022 Mike usually picks up on the real point I am trying to make in a blog. A couple of blogs … Continue reading
Posted in pensions
Tagged actuaries, CDC, CDC fund, CDC scheme, investment pathways, lawyers, Savers
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2022’s the year for lawyers to stop moaning
I’ve just read Pension Expert’s lengthy article “2022-Lawyers-call-for-regulatory-pension-pause“. Rather than a pause in legislation, I’d like to see a pause in moaning – and a focus on simplifying the pension system by focusing on consolidation I have little sympathy … Continue reading
93% of advisers put two fingers up to TPR’s Fast Track funding proposals
The UK #pensions sector has undertaken a temperature check on major changes to a funding code, governing DB schemes, proposed by the Regulator. The result was a cool response to proposals for a new “twin track” approach to scheme valuations. … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Consultants, lawyers, pension, Society of Pension Professionals, SPP, Turkeys
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A time to be angry
I got angry yesterday… I was on a conference call with a couple of lawyers arguing about the technical difference between a “duty of care” and the need to “act in good faith”. Apparently the semantics let an employer … Continue reading
Posted in pensions
Tagged CWU, Duty of Care, John Ralfe, lawyers, pensions, Pre-pack, Royal Mail, Rutland, The Pensions Regulator
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NEST is not auto-enrolment
I went to a talk yesterday by a former shadow cabinet minister of state for the DWP. It was under Chatham House rules so I can’t tell you which one – it doesn’t matter which one – it matters … Continue reading
Posted in advice gap, auto-enrolment, pensions
Tagged API, auto enrolment, choice, dumbing down, lawyers, litigation, NEST, pensions, Technology, The Pensions Regulator, workplace Pensions
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