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Tag Archives: LGPS
Could a Local Government Pension Scheme go bust? NO
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 covenant, covenant assessment, KPMG, LGPS, pension, pension governance, pensions, Steve Simkins
2 Comments
Poking sticks at LGPS in a “shouty” report – Johnson just isn’t helping.
In 2013 Michael Johnson of The Centre for Policy Studies published a paper “the local Government Pension Scheme; opportunity knocks” http://tinyurl.com/jru498m. Today he publishes the sequel, “the LGPS- the lost decade”. http://tinyurl.com/jtz2jwx In the intervening period, Johnson has seen none … Continue reading
Government Pensions? Who’s money is it anyway?
The vast majority of the money outstanding to those who work and have worked for Government is to be paid as pension. The Government’s pension debts – for its own people – have been estimated in the Whole of Government … Continue reading
Posted in pensions
Tagged Bonds, equities, gilts, Government, House, Infrastructure, LGPS, Local Government, NEST, our money, ppf
4 Comments
Paying for other people’s pensions
I’ve said it before on this blog, but I’ll say it again. The amount of Council Tax many people pay to fund other people’s pensions exceeds their own contributions into pensions, even when they’ve been auto-enrolled into “workie”. “You … Continue reading
Posted in de-risking, Financial Education, governance, infrastucture, investment, leadership, pensions
Tagged auto enrolment, Centre for Policy Studies, change, CPS, LGPS, Michael Johnson, pensions
3 Comments
Who are the pick-pockets after our wealth and how do we stop them?
There is a lot of loose money in our financial system, destined for our later years. This has not escaped the notice of those who make it their business to manage other people’s money. The money is “free” for three … Continue reading
Posted in pensions
Tagged artful dodger, auto enrolment, fagin, FCA, LGPS, pick-pocket, TPR, workplace Pensions
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Pensioner First
A consistent theme of the pension reforms we have witnessed over the past five years has been a focus on the consumer of pension savings – the pensioner. Set in the wider context of welfare policy, the proposals to re-align … Continue reading
Posted in pensions
Tagged ABI. IA, auto enrolment, Business, consumerism, corporate governance, corporate risk, DC outcomes, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, Government, Government demands, LGPS, lobby, NAPF, outcomes, pensioner, Private sector, Retirement, Ros Altmann, social media
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Keeping pensions “in balance”.
Occasionally an article I publish on here hits a raw nerve and a missive is sent to someone at my company naming me and trying to shame me. Thankfully, my company is familiar with how social media and accepts that staff who care, have … Continue reading
Dissemblance and dissolution
Britain’s most famous advert was produced by Ridley Scott for Hovis, it put my town Shaftesbury on the map for many people. A fake Hovis loaf still sits at the top of Gold Hill up which the young … Continue reading
Posted in annuity, Matisse cut-outs, pensions
Tagged Gold Hill, Government, Hockney, LGPS, pensions, Shaftesbury, St edward king and martyr
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St Rumwold – we need another miracle!
The patron Saint of Cann and Melbury Abbas is St Rumbold (Rumwold), a curious Saint who only lived 3 days , dying after delivering a sermon on the Trinity while barely out of the womb. His memory was besmirched by fraudulent … Continue reading
Posted in Blogging, journalism, London
Tagged A350, Boxley Abbey, C13, Cann, Council Tax, Dinah's Hollow, Dorset, Dorset County Council, EU, Europe, LGPS, Local Government Pension Scheme, Melbury Abbas, North Dorset, North Dorset District Council, pensions, Spetisbury, St Rumbold, St Rumwold
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