Tag Archives: Pensions

FCA offers steelworkers £150 compensation for their loss of redress

Posted on April 23, 2024 by henry tapper

It has been six years and four months since Frank Field wrote this letter to Megan Butler at the FCA. Following evidence on the British Steel Pension Scheme (BSPS) in Parliament in November , the Work and Pensions Committee wrote … Continue reading →

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Crashing down from “peak savings”

Posted on April 23, 2024 by henry tapper

It’s a great analogy. You may get exhausted riding to the top of a hill but you aren’t going to break anything. People’s savings get broken (by sequential risk) on the way down from “peak savings”.  When you look … Continue reading →

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The pot consolidation lottery

Posted on April 22, 2024 by henry tapper

  Let’s not pretend otherwise, the consolidation process is a lottery. I know that People’s Pension will consolidate to the best priced of multiple pots with them – @JoeDabrowski1 do you know what other MTs do? — Steve Webb (@stevewebb1) … Continue reading →

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Denmark’s biggest cheese since Danish Blue

Posted on April 21, 2024 by henry tapper

  This is a blog about a chance meeting on social media that got me thinking how lucky we are to have the web, social media and free to read information that broadens our minds. After all these years, I … Continue reading →

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“For countless pensioners, BP will forever be known as ‘Broken Promises'”

Posted on April 21, 2024 by henry tapper

Everyone gets to talk about pensions except pensioners. Many people will feel that the BP pensioners are impertinent in responding to a Government consultation on the use of pension surpluses. But this blog supports the calls on BP to keep … Continue reading →

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CDC’s risks are stacked against their funders

Posted on April 20, 2024 by henry tapper

Would you invest your pension in a company that set up CDC schemes? I’m writing under the Chatham House rule which means I can only quote myself. Yesterday I sat on a 21 person Zoom call to discuss how CDC … Continue reading →

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Steve Webb’s magic magnetic pensions!

Posted on April 19, 2024 by henry tapper

First we had “Magic (baked) beans”! Veteran Webb watchers will know that Steve Webb loves his magic beans. Back in 2013 he told Daily Mail readers he would no more introduce a price cap on workplace pensions than on cans … Continue reading →

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FA and Prem rob grassroots of replays

Posted on April 19, 2024 by henry tapper

What the FA and Premier League say. The FA and The @premierleague have reached an agreement to strengthen the #EmiratesFACup format and increase support for grassroots football. Swipe for details ➡️ — Emirates FA Cup (@EmiratesFACup) April 18, 2024 What … Continue reading →

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This morning; Bryn Davies, Hilary Salt and Andy Young on the state pension

Posted on April 16, 2024 by henry tapper

For free entry to this fascinating debate , use this link   The three speakers at this morning’s Pension PlayPen coffee morning have earned their right to speak about the state pension. Bryn Davies, Andrew Young and Hilary Salt bring … Continue reading →

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No bear traps from the LTA abolition

Posted on April 16, 2024 by henry tapper

  My immediate reaction when reading the latest state of play on the Lifetime Allowance abolition was to wonder why anyone is going to get unduly worked up about it. There appear to be relatively few cliff edges for the … Continue reading →

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