Tag Archives: master trust
L&G – another target for American private equity firms?
L&G is generally considered Britain’s number one life insurer. This is down to it’s numbers, these are last year’s Bulk Purchase Annuities league table It worries the FT that the life company with the largest insured master trust, the insurance … Continue reading
Can British pension funds invest in Britain as their Australian counterparts do?
If it won’t come from up here, it’s going to be from somewhere and the new “super unit” will start by getting it from down under. This new unit “will pave the way for vital investment into key UK projects”, … Continue reading
The nastiest problem facing master trusts – designed for workplace saving (not retirement spending)
This blog is about the reasons pension master trusts are struggling to pay pensions. The individuals above are Christoph Hirt and Laura Johns whose report for Pi Partnership can be read here. The first workplace master trust to matter was … Continue reading
Good sense from TPR but is moderation enough in an uneasy time?
I like the Pensions Regulator when they are sensible , but I fear for them when there is a view in Britain that civil servants are doing us no good. In this article I give Robin Lloyd his voice but … Continue reading
Will NatWest get back its £144m for 85% of Cushon?
It’s an important story if Editor John Greenwood puts his name to it. It was published on a Friday and so has had very little comment on it from a pension press (as yet) but I suspect it will have. … Continue reading
Why is no-one declaring for CDC?
It is getting on for 6 years since Royal Mail and CWU decided to quit warring over pensions and settle on a CDC solution for their staff. To date, not one penny has been committed to its corporate pension plan … Continue reading
Tegs Harding of the L&G MT in conversation at Pension PlayPen
It’s great that Tegs Harding has agreed to have a conversation with me at the first Pension PlayPen coffee morning of 2023. Tegs has taken the reins at L&G’s two mastertrusts (yes there are two) and I’m really looking forward … Continue reading
SEI discovers their “DC pensions” don’t make sense – time for a change?
SEI – the upmarket mastertrust owned by an American multi-manager is keen to find out more about what their members think. It’s commissioned our old friends Ignition House , headed by Jannette Weir to tell them. Steve Charlton , … Continue reading
How the Evolve pensions measure value for money – Pension PlayPen – 10.30am today
Paul Bannister is a remarkable fellow, a brilliant runner he was laid low with Covid and when I met him last summer , he was sapped for energy. But now he’s back! His Strava posts are awesome and he’s running … Continue reading
Has Stephen Timms just thought the unthinkable?
I’ve had the pleasure of listening to Stephen Timms talk twice in two days and not only does he deliver what he has to say with dignity and feeling, what he says has a humanity about it that reminds … Continue reading