Tag Archives: master trust

The death of the employer pension trust

Posted on February 11, 2021 by henry tapper

  Geof Pearson told the NAPF conference in 1998 “I have looked over the cliff and seen DC” 22 years later DB trustees can argue that they still have the weight of past money but they are dependent on employers, … Continue reading →

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David Butcher – “silver drummer” and man of the hour.

Posted on September 26, 2020 by henry tapper

    It is extremely important that we hear more from David Butcher. The good news is that he is now at Scottish Widows and on both its IGC Committee and Master Trust Board. Stephanie Hawthorne has drawn an accurate … Continue reading →

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Time for some fresh thinking on CDC

Posted on April 26, 2020 by henry tapper

  The Pension Schemes Bill is making its way through the House of Lords but now seems unlikely to get Royal Assent before July. If it misses its target and we don’t get an Act till the Autumn, a Royal … Continue reading →

Posted in advice gap, age wage, CDC, pensions | Tagged , , , , , , , | 4 Comments

Are employers able to “know their workplace pension”?

Posted on March 8, 2020 by henry tapper

Are employers the provider’s clients? In financial services, the client is the entity that takes the decisions on where the money goes. Whether we define “money” as “pension contributions” or “fees paid”, the employer is seen as the client. It … Continue reading →

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A good day for master trusts

Posted on February 10, 2020 by henry tapper

The FT run a scoop this morning, predicting that today the Pensions Regulator will withdraw its proposals to require small DC plans to be run by “professional trustees” and urging  that most of the 8000 single occupational trust based DC … Continue reading →

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Do we have to be told to save our planet?

Posted on December 21, 2019 by henry tapper

Do we have to be told? Share Action’s Master Trust survey starts with the question “IS REGULATION ENOUGH?” and through the 26 pages of Lauren Peacock’s survey that remains the key question. But there are secondary questions… Can we trust … Continue reading →

Posted in ESG, pensions, social media, trustee | Tagged , , , , , , , | 1 Comment

Why the FCA cares about IGCs

Posted on December 20, 2019 by henry tapper

New powers for IGCs Slipped into the wash-up of consultation responses and Calls for Input published in the last full business week of 2019 was the FCA’s PS19/30 which substantially extends the role of IGCs IGCs currently provide independent oversight … Continue reading →

Posted in dc pensions, ESG, IGC, pensions | Tagged , , , , | 1 Comment

Trapped! What if you’re in a failing master-trust?

Posted on May 24, 2018 by henry tapper

  Duncan Buchanan’s articles in Pension Expert are always worth reading, and his latest blog in Pensions Expert is no exception. He looks at small master trusts and asks just what would happen if one decided to pack it in. He … Continue reading →

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Did the 2018 IGC reports meet today’s challenges? Only in part.

Posted on May 2, 2018 by henry tapper

    The table above reports on the various ratings given to IGC reports in 2018, it includes the GAA report of St James Place that is good enough to be an IGC report. I said, when I set out … Continue reading →

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Consolidation – Darren Jefferson says it’s only just begun.

Posted on February 17, 2018 by henry tapper

It’s all around us, auto motive manufacturers, lawyers, employee benefit consultants, you name it. The same reasons for the deal are usually given whether you believe them or not, ‘We complement each other really well’ ‘it will allow us to … Continue reading →

Posted in auto-enrolment, pensions | Tagged , , , | 1 Comment