Tag Archives: Pensions Regulator

A DB funding code – but not as we knew it

  Professional Pensions has secured a scoop from TPR policy head, David Fairs admission that the DB funding code he launched in 2019 is practically dead in the water. Not being at the event, I am going on PP’s report … Continue reading

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Fair’s fair, will employers share their good news on DB with staff?

There’s more to this question than meets the eye. DB in run-off is likely to become less expensive to sponsors as inflation and interest rates increase. This should feed through to lower funding which might feed through into more equitable … Continue reading

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There is more rejoicing in Brighton….

My spy at the PMI passes me a copy of this month’s Pension Aspect with the finger pointed at this article by David Fairs. Those versed in current a- Fairs , will have noticed a relaxation in the Regulator’s tone … Continue reading

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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 , , , , , , , | 8 Comments

The right (and wrong) types of pension scheme consolidation

Our vision for the future of occupational pensions is one where all savers are in schemes that have excellent standards of governance that deliver good value. Over time we think this will mean having fewer, but better governed schemes in … Continue reading

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Should Government play “fantasy pensions”?

  What should we make of reports in the Daily Telegraph that our Pensions Minister, Guy Opperman, is meeting with pension experts to consider a system where a workplace pension could follow the employee, rather than employees joining new plans … Continue reading

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Why CDC risk management breaks all the DB rules – Con Keating

The advent of CDC will offer an opportunity to introduce forms and techniques for risk management which are intrinsically more efficient than those currently advocated by the Pension Regulator and which are consistent with the true duties and obligations of … Continue reading

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TPR- the price of pensions can fall as well as rise.

The Pensions Regulator appears to have forgotten one of the fundamental laws of gravity-  “what goes up, must come down”. In consumer finance this translates into “the value of investments can fall as well as rise” and in the case of the … Continue reading

Posted in Bankers, pensions | Tagged , , , , , | 10 Comments

Is NOW the time to transfer out?

I was talking last night to a senior financial journalist about NOW pensions. In the catalogue of actions that the Pensions Regulator can call upon, insisting on the inclusion of Dalriada Trustees, is perhaps the most alarming. Dalriada is a … Continue reading

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Small employers are sorting the pension problem – but they need some help!

  There are a lot of organisations taking the credit for auto-enrolment and it’s true it has worked because Government , providers and business advisers have worked together. But the heavy lifting has been done by getting on for a … Continue reading

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