Tag Archives: pensions

TPAS offer BSPS a dedicated helpline. Don’t leave your choice to chance!


If you are a steelworker , you now have help on your pension options from TPAS. This is great news. As from this morning, members of BSPS, can call experienced pension people who can discuss the scheme with the experience … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , | Leave a comment

Question Time – The Growing Pains of DC Pensions


This is a plug for an event I’m helping to moderate. I don’t normally plug events but I’m making an exception for this one. Stephen Glover, who is behind this has donated £1,500 to a charity I chose and that … Continue reading

Posted in dc pensions, pensions | Tagged , , , | Leave a comment

USS pension changes would be a disaster (but they are preventable) – Dennis Leech


The changes to the USS that UUK proposed on Friday will substantially alter the nature of academic employment in the Pre-92 universities and will damage higher education irrevocably. They will mean academic salaries having to rise substantially to attract the … Continue reading

Posted in pensions, USS | Tagged , , , , | 4 Comments

We have “capitalism without the capital” – we should be patient!


It’s budget day and Nigel Wilson has been on Wake up to Money, urging the Chancellor to encourage Britain to invest positively for its future. He tells us that Britain has “Capitalism without the Capital”, he’s right and I’m with the … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , | 3 Comments

A day with Dalriada


  Dalriada are a firm of pension trustees who divide their business into “Regular” and “Irregular” business. Brian Spence who runs the business was prepared to talk to me about “Irregular business”. Members of, and employers participating in, the NOW … Continue reading

Posted in pensions | Tagged , , , , , , | Leave a comment

“Spanish steps” – ideas on pension funding from Jon Spain.


Jon Spain is an eccentric brilliant actuary who has worked for many years worked at the Government Actuary’s department. I am proud he has asked me to provide a précis of his response to Charles Cowling’s Sessional Paper to the Institute … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , , | 1 Comment

To Belfast with love


I’m off to Belfast today to talk with Brian Spence and the Dalriada trustees. They’ve been billed the Regulator’s Rottweiler and I didn’t do much for their brand by dubbing them “Rentokil”. My day-out is partly to build commercial links … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

The nastiest, hardest problem in finance


  For all the emotion surrounding transfer values, it’s worth taking a step back and ask the simple question “should I stay or should I go”. In July, John Ralfe wrote what (for me) is still the best summary of the situation … Continue reading

Posted in BSPS, pensions | Tagged , , , , , | 2 Comments

A brave and timely response to UUK’s proposals


  I was wondering how to react to news that the UUK (the employers of university staff) is proposing to axe future Defined Benefit accrual into the USS. Anger or sorrow seemed the two main candidates as I flew back last night. I was … Continue reading

Posted in advice gap, pensions, Trades Union Congress | Tagged , , , , , , | 5 Comments

Getting away from it all


Ten days ago, Al Rush and I were steaming down the motorway in Al’s £850 Jaguar to Port Talbot. When we got there met some steel workers and some retired steelworkers and people who ran the rugby club and we met … Continue reading

Posted in advice gap, pensions | Tagged , | 4 Comments