Tag Archives: PWC

Have shareholders any real leverage on executive pay?

Two articles, published in the FT within 24 hours, with polarised messaging! The first written by Harriet Agnew from New York includes a quote from LGIM’s Angeli Benham. “Most companies don’t act on the remuneration feedback we give them. For … Continue reading

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Putting “transfer” in employer’s heads

Since 2012, the industry has self regulated pension transfer exercises where employers offer staff a financial incentive, to quit good quality schemes. Industry leaders are now calling for the Govt to intervene after saying self-regulation is failing https://t.co/sSwvLQG94A — Josephine … Continue reading

Posted in age wage, pensions, Pensions Regulator, TPAS | Tagged , , , , , , , , , , , , , , , | 1 Comment

Otsuka finds balm for USS’ “forty year itch”

    With remarkable restraint , Mike Otsuka reports on conversations he’s had with the USS on unknown unknowns. We do not know what the future brings, but past performance suggests that universities do not fail as people need higher … Continue reading

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“It’s not what you’re saying, it’s what we’re hearing”. DB needs clearer messaging.

I hate falling out with old friends so I wasn’t happy when Raj Mody phoned me and told me that I’d pissed him off. Well he put it more mildly than that but when an actuary says he’s disappointed, you … Continue reading

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Is increasing complexity making pension saving harder ? – guest blog by Ralph Frank.

The most conclusive finding of a recent survey by PwC into pensions taxation was not even related to the respondents’ views on the central question of the survey (namely, the most appealing tax scenario for their pension)! Sixty percent of … Continue reading

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The problem with actuaries

The closest most actuaries get to the beneficiaries of pensions is behind a one way mirror watching a focus group arranged by a marketing company. Continue reading

Posted in actuaries, Australia, auto-enrolment, Financial Education, First Actuarial, pensions | Tagged , , , , , , , | 10 Comments

How sure are you that you’ll get your pension promise?

While large numbers of people,  (the low-paid , young and the haitual self and unemployed) have never been in a company pension scheme, some 30 million of us in the UK have either a private pension in payment or have the prospect … Continue reading

Posted in dc pensions, pensions, Popcorn Pensions, Retirement | Tagged , , , , , , , | 5 Comments

Insurers find comfort in Boardroom Benefits

Earlier in the week I mentioned I was highly sceptical about corporate wrap platforms. They have become the holy grail for a magic circle of insurance companies whose business models are increasingly focusing on pandering to the boardrooms of fellow corporate … Continue reading

Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Martin Lewis, pensions | Tagged , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Le Pension Crisis est Arrivé

Image via Wikipedia PWC report today that the value of DC pension pots has fallen by 30% in the last three years. This Telegraph article gives the grim details. This is not a paper loss which can be reversed if markets recover, … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, NEST, OECD, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 7 Comments