Tag Archives: regulation

The mess we’re in (pt.1) and how we got here.

Iain  Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading

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From PS20-06 to the dashboard; – can the FCA pull it off?

  Amidst the noise of the ban on contingent charging, the FCA published a long and detailed Policy Statement PS20-06 For the most part, the FCA is concerned with people safeguarding their rights to promised benefits wherever they may come … Continue reading

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Regulator fines Regulator

Robin Ellison has too refined a mind and too fine a writing style, for his thoughts to be left languishing on Linked in. Not since the days of John Quarrell has there been such a dissenting voice, speaking against  the  … Continue reading

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L&G ‘s IGC ratings fall with a sorry 2017 Chair’s report.

Legal and General has published its third IGC report, which you can read here.. Overall rating VFM – Red Engagement – Amber Effectiveness – Amber   Value for Money It doesn’t get off to a very good start, giving us … Continue reading

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“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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