When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Tag Archives: pension
People cannot allow despair to overtake their retirement hope.
I have met a few people when advising who have given up on retirement because they see the pension system working against them. Some of them have given up on work – at least in the paid sense. I have … Continue reading
The horror of letting the taxman take your unspent pension pot!
I have swum in a pool where mournful pensioners refill the water level with their tears. Bless Steve Hunt and all the others in that swimming pool. Open the article for page after page of indignation at the treasury’s designs … Continue reading
The Dashboard is cleaning up our data – so we’ll see our retirement wages.
It makes us think;- the prospect of life with a pension dashboard! If Chris Curry is right, the dashboard has done part of its job- a year from starting. We don’t know when he’ll have it open to the public … Continue reading
Posted in pensions
Tagged Chris Curry, Dashboard, Geraldine Brassett, Income, Money Helper, pension
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Turning “de-risking”to “growth” through a new pension strategy.
There is a story that Andy Smith is brace tell. He is an independent consultant and though he has skin in the game, his honesty is commendable. The de-risking of DB pensions through the buy-in/out of insurers is slowing. I … Continue reading
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Tagged Andy Smith, buy-in, buy-out, CDC, Collective Pension, de-risk, pension, Pensions
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We don’t opt in to paying for our old age care! Would you opt out of optional insurance?
There are awful things that beset the old. Dementia is our great mental fear. There are long and frightening physical complaints that require care. There are people who die easily. People have state, public and private pensions and in … Continue reading
Consistency needed for “expected income” from the pension dashboard.
Here is the paragraph from DWP that could mean most to those using the Pension Dashboard (IMO) 20. The Department for Work and Pensions (DWP) is working closely with the Financial Reporting Council (FRC) to explore the development of standardised … Continue reading
Capita’s pension debacle poses the question “what else can Government outsource?”
This letter asks a question that poses the practical against the philosophic laws of outsourcing. For those who reckon that privatisation is the way forward, we have been moving forward since the days of Margaret Thatcher. For those who are … Continue reading
How did deferred pay become a financial product?
This is a beautiful explanation of the change that has occurred over the past fifty years from a means of providing a wage in retirement to a financial product providing us with a product. Thanks Daniela Silcock Daniela Silcock Director, … Continue reading
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Tagged Collective Scheme, Financial product, pension, Saster trust, Silcock
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Unions – what’s happening with pensions? Neil Walsh explains CDC’s impact on Prospect – 10.30 this morning
This from the Government on “The future of CDC” The initial impetus for CDC has come from a large employer and a major trade union seeking an alternative pension model. But establishing CDC schemes opens the possibility of more diverse … Continue reading
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Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, Targe, TPR
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Tomorrow ; progress from DC to CDC with the unions! Invitation inside!
I’m very pleased that we have Neil Walsh of Prospect at the Pension PlayPen at 10.30 am tomorrow (Tuesday 21st July). We will discuss how unions are getting to grips with CDC as a way forward to what are currently … Continue reading
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Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, TPR
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Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…