Tag Archives: master trust
Eri-tation ; time to come clean on DC pensions.
Eritability Of all the time wasted talking about pension dashboards, the time wasted on “estimated retirement income” irks me most. It is not the sight of actuaries arguing over annuity and growth rates that irks me , it’s that the … Continue reading
Posted in actuaries, advice gap, CDC, Dashboard
Tagged CDC, Dashboard, M3, master trust, Royal Mail, SPP
4 Comments
How DC consolidation can benefit DC members
Like Climate Change, Pension Consolidation isn’t something theoretical, it’s happening and at a great pace. I remember when DB transfers were at their peak (2018) people talking about what was to come. It had come and before the regulators … Continue reading
The death of the employer pension trust
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
David Butcher – “silver drummer” and man of the hour.
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
Posted in age wage, pensions
Tagged David BUtcher, IGC, Invesco, master trust, Scottish Widows, silver drummer
Leave a comment
Time for some fresh thinking on CDC
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 CDC, DB, employer, master trust, one trick pony, Pension Schemes Bill, pensions, Royal Mail
4 Comments
Are employers able to “know their workplace pension”?
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
Posted in advice gap, age wage, pensions
Tagged AgeWage, FCA, GPP, master trust, pensions, Tesco, Value for Money, VFM
2 Comments
A good day for master trusts
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
Trapped! What if you’re in a failing master-trust?
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
Posted in pensions
Tagged auto enrolment, Hogan Lovells, master trust, pension playpen, pensions
3 Comments