Tag Archives: regulation

“What’s the purpose of a pension scheme?” – Con Keating


  Con Keating argues in this piece that pension schemes aspire to “self-sufficiency”, giving them the status of  insurance companies. His thinking centres on what claims we have on schemes if the covenant to fund these schemes is lost. His conclusions … Continue reading

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Falling out of love with the market.


  The most startling thing about the conservative manifesto is that it advocates Government intervention as a way of improving those just about managing in Britain. This is a very different approach to that of previous Governments that relied on competition within markets. From labour markets, through energy, telecoms and pharma to financial services, the […]

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Falling out of love with the market.


  The most startling thing about the conservative manifesto is that it advocates Government intervention as a way of improving those just about managing in Britain. This is a very different approach to that of previous Governments that relied on … Continue reading

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“Famine or feast pensions”- demand advice is better spread.


Where you work not how you work determines your pension prospects. If you choose to work for a blue chip company or for the Government you can expect at worst a high contribution to a workplace pension and at best a … Continue reading

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“The pension transfer lottery” – thoughts from a PlayPen lunch.


At a consumer level, the absurdity of pension deficit volatility, seemed to me abstract and notional. But yesterday’s Pension Play Pen lunch changed that.  One of our party reported that the value of his cash equivalent transfer value (CETV) changed … Continue reading

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Innovate , collaborate, compete!


  Last Wednesday I chaired a cracking debate over and around lunchtime of the LGIM DC Conference in London’s swanky Sheraton Hotel.   There were three questions on the table Is regulation a spur or a hindrance to innovation? Do … Continue reading

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Financial advice, master or menace?


Which came first, the need or the greed? Old Mutual Wealth (a company that owns one of Britain’s largest financial advice networks and is build a tied network) has commissioned a survey that tells us 90% of those between 30 … Continue reading

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Is contract-based versus trust-based really the question? Guest Blog from Ralph Frank


Automatic Enrolment (“AE”) has resulted in an increase in Defined Contribution (“DC”) pension saving through Master Trusts (“MTs”).  This trust-based approach has overtaken contract-based arrangements, such as Group Personal Pensions, as the most popular form of DC saving.  A key … Continue reading

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What kind of transparency would that be- Sir?


This from the BBC MPs on the Energy Committee have written to the new business secretary to demand no change to the current rules on price comparison websites. As part of its recent report on the energy market, the Competition … Continue reading

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Who is the master? Who can be trusted? Guest blog from Ralph Frank


  There has been increasing clamour in recent times for more stringent regulation of Master Trusts.  The Government has duly obliged, tacking a Pensions Bill onto the Queen’s Speech.  The details of the Bill are currently light, although it is … Continue reading

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