Tag Archives: Pension Pound

DC Trustees still valued but they need to raise their game

The Pension Play Pen met for their 21st consecutive lunch on Monday August 1st to discuss whether we still needed DC trustees. Jenny Davidson made the point about her company which had developed all the monitoring tools needed to measure the performance … Continue reading

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Scheme Pensions aren’t the magic bullet -yet

There seems to be irrational exuberance among some parts of the IFA community that a new solution is round the corner to what are seen to be the poor “at retirement” options presented by conventional annuities or the new drawdown (under … Continue reading

Posted in NEST, pensions, Retail Distribution Review | Tagged , , , , , , , , , , , , , , , , | 21 Comments

When “two sevens clash”

When I was a kid growing up in a very white part of Britain, I was fascinated by a guy called Joseph Hill who was predicting a calamity on the 7th July 1977 which pretty well brought to Jamaica to a … Continue reading

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The case for doing nothing

There is a case for doing nothing and it is a logical case- but it’s not a course of action I intend to follow, Continue reading

Posted in corporate governance, dc pensions, de-risking, Retirement | Tagged , , , , , , , , , , , , , , , , , , , | 14 Comments

Accounts and accountability-who pays for NESTCorp?

I am a lover of NEST– of collective DC – of private and public partnerships that bring better funded pensions to people for whom the current system cannot reach. I have made my own private submission to the Work and … Continue reading

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“Buying a Retirement Income” from an RIP

I’m sure the panelled annuitants or Retirement Income Providers (hereafter known as RIPs) are feeling pretty comfortable about life this morning.

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Posted in annuity, NEST, pension playpen, pensions, Personal Accounts, Retirement | Tagged , , , , , , , , , , , , , , , , , , , | 14 Comments

Clearing up a few things about pensions

We may need Superchoice to do our clearing up.

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The DB Phoenix

Things are pretty grim in DB land just now.  The 3% hike in personal contributions to public sector pensions is likely to accelerate the trend for individuals to opt-out of DB leaving these schemes derelict. The anticipated abolition of contracting out from … Continue reading

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Tell them the truth (a ridiculous notion)

However, it would lead to the kind of engagement between staff and retirement that is needed if we are to move forward from the current deadlock of distrust.

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Posted in EU Solvency II, NEST, pension playpen, Personal Accounts, Retirement | Tagged , , , , , , , , , , , , , , , , | 7 Comments

Con climbs up Pigsah

And he went up from the plains of Moab unto the mountain of Nebo, to the top of Pisgah, that is over against Jericho.”. Deuteronomy 34:1

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