Tag Archives: Pension Schemes Bill
Does the Pension Bill give schemes the “pieces” to run on?
Brightwell ran a webinar yesterday morning, sadly I was called to hospital and could not attend but I hear that the overwhelming view of schemes was that they wanted to stay open rather than hand on the rights to … Continue reading
Who’s going to make it to mega-fund? The writing’s on the wall for all but a few.
Parliament has published for MPs and those in the upper house a document “Explanatory Notes” that explains the Pension Schemes Bill 2025. You can download it here. It is interesting to see where the emphasis of the explanation is. There … Continue reading
Posted in pensions
Tagged Bill, Government, Megafund, Pension Schemes Bill, Pensions
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Employer’s DB “money-back” will be slow and 5% of the surplus.
In case the Pension Security Alliance (aka Just and PIC insurers and John Ralfe) are still worrying you, here is the proposal from the Government of the Pension Schemes Bill , as Mary McDougall explains out in her article. Only … Continue reading
The man behind the Pension Schemes Bill – Torsten Bill.
Torsten Bell is now Pension Minister. When he did this interview he had just become an MP. Thanks to John Mather for sending it me on the day he delivered a Pensions Bill for which he will be remembered. He … Continue reading
How to read the Pension Schemes Bill – start with the Roadmap!
The big, beautiful (pensions) bill has been introduced to the @HouseofCommons this afternoon pic.twitter.com/VFZrPN2kdA — Torsten Bell (@TorstenBell) June 5, 2025 Two documents that will shape private and public pensions for the next decade Yesterday saw two documents published that … Continue reading
With Friends Like These, Who Needs Enemies? The DB Funding Code: An Existential Threat to Open DB Scheme
We have been asked what impact the Funding Code would have on open schemes by a number of correspondents. This blog illustrates why the new funding code is the biggest risk that open scheme members face . Simply put, … Continue reading
Posted in actuaries, advice gap, age wage
Tagged Con Keating, DB Funding Code, Dr Iain Clacher, open pensions, Pension Schemes Bill, Pensions
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“Let my data go” – our plea to parliament
Submission to the Committee scrutinising the Pension Schemes Bill 1, This submission from Henry Tapper in his capacity as CEO of AgeWage and Chairperson of the Pension PlayPen. These private companies are digital resources for individuals and employers to … Continue reading
DB pensions are in a hole, let’s swap the DWP’s spade for a ladder
Bowles my liege… It’s a great shame to read Guy Opperman excising Sharon Bowles amendment to the Pensions Act. The Bowles amendment would give open pension schemes the capacity to be funded as ongoing concerns rather than being … Continue reading
Posted in dc pensions, de-risking, DWP
Tagged Con Keating, Guy Opperman, LCP, Pension Schemes Bill, Pensions, RailPen, Sharon Bowles
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Bowles, my liege! DWP’s cruel blow to open pensions
Like a U-boat slipping silently out of its berth, amendments to the Pension Schemes Bill were launched into the rough swell of political waters on Monday (19th). You can read the amendments here, though they seem to have eluded even … Continue reading
Would CDC have surfed the pandemic’s waves? Aon think so
Earlier this week Willis Towers Watson explained how an individual’s buying power from a CDC scheme could be 70% higher than from a conventional DC scheme. Hot on its heels, Aon analysis shows UK CDC schemes would have weathered 2020’s … Continue reading
Posted in actuaries, advice gap, CDC, pensions
Tagged Aon, CDC, Pension Schemes Bill, Pensions, target pension
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