Tag Archives: pensions
Small DB schemes – LDI’s unconsidered victims
The PLSA has around 1400 members, give or take the odd DC master trust, the vast majority run DB pension schemes. You can find who they are if you purchase the PLSA database The industry bible “Pension Fund and … Continue reading
Out from the eye of the storm
Predictably, the PLSA called upon the Bank of England to provide ongoing support for the pension funds which had either directly or through pooled funds, geared up their bond exposure through “borrowing”. “Borrowing” is what the Bank of England thinks … Continue reading
Sam Marsh’s response to TPR’s DB Funding Code
Sam Marsh is a lecturer and branch president of the Sheffield UCU. He has responded on his own behalf to TPR’s consultation. Continue reading
Posted in age wage, pensions, USS
Tagged Consultation, DB Funding Code, pensions, Sam Marsh, TPR, UCU, USS
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Ros Altmann’s response to TPR’s DB funding code consultation.
I have asked for responses to the Pension Regulator’s consultation questions and Ros Altmann has obliged. As a member of the House of Lords and former Pension Minister, I hope Ros’ replies will be of particular interest Continue reading
Posted in accountants, actuaries, pensions, Pensions Regulator
Tagged Consultation, DB Funding Code, final salary, pension, pensions, Ros Altman, TPR
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BONFIRE. Keating and Clacher conclude their articles on the DB funding code
We began this series of blogs and articles with a call for a bonfire of regulation; at the very least we should start with this proposed Funding Code. Continue reading
Posted in actuaries, advice gap, pensions
Tagged Con Keating, DB, defined benefit, Iain Clacher, music, pensions, TPR
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Why your pension records – like your medicals – should be yours by right
This blog sets out for the first time a fundamental right of the retirement saver, a right to see their pension record in a digitally readable format. Continue reading
Posted in accountants, advice gap, age wage, DWP, pensions
Tagged AgeWage, pensions, Record Keeping, records
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Changing the way our pensions work
I expect that those few remaining trustees and members of IGCs and GAAs who are in denial of the value of ESG, will – in the face of the forthcoming Act and the detail within the consultation, step down. Continue reading
Posted in age wage, DWP, ESG, pensions
Tagged DWP, ESG, Make My Money Matter, pensions, sustainability, TCFD, TPR
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Pension scams reported at just £10m a year?
The truth is that the FCA do not have a number for the amount that leaks out of the system through dodgy advice. The resources at their disposal to stop scamming are so small that they cannot even report on the proper size of the problem. Continue reading
Posted in advice gap, age wage, Blogging, pensions
Tagged action fraud, Clive Tildersely, FCA, pensions, scams
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Open and shut conversations on pensions
For pensioners, pensions are very much open. We need to think more about how these DB pensioners are treated and start thinking of their needs for understanding and for financial services. Continue reading
Clacher and Keating blog “Bowles to the Regulator”.
We have received and responded to over one hundred questions, comments and criticisms arising from them. Not one has come from the Pensions Regulator. We have no evidence that the Regulator is listening to us or anyone else. Constructive engagement requires constructive listening, not selective hearing. Continue reading
Posted in actuaries, advice gap, pensions
Tagged Clacher, DWP, House of Lords, Keating, Pension Funding, pensions, Pensions Regulator, Sharon Bowles
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