Tag Archives: Royal Mail

Do we need to pay to get our money back?

Posted on December 29, 2018 by

Imagine going into a bank to withdraw money and being told to get advice before doing so. Imagine being told that the cost of that advice would run to many thousands of pounds. I very much doubt anyone would be … Continue reading →

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

CDC and the actuarial profession

Posted on November 29, 2018 by

  I am not an actuary, I work with actuaries and I work for an actuarial firm. I stand up for actuaries and I praise them where praise is due. Yesterday saw an attack on the actuarial profession on twitter … Continue reading →

Posted in actuaries, pensions | Tagged , , , , , , , , | 9 Comments

Is the tide turning in favour of pensions?

Posted on November 26, 2018 by

As we reach the last few weeks of the year, I’ve been looking at the stories that are dominating the pension landscape and increasingly they are positive. Despite UK and global equity markets being down on the year, pensions are … Continue reading →

Posted in accountants, actuaries, auto-enrolment, pensions | Tagged , , , , , , , , | Leave a comment

For the ripped-off steelworkers – today’s about doing it together!

Posted on November 22, 2018 by

This morning, around 15 Port Talbot steelworkers will make their way from Paddington to Westminster to meet MPs – keen to help them in their pension plight. They will be greeted at the Cromwell Gate by a lot of media … Continue reading →

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

The public debate on USS is elevated by King and Kay.

Posted on September 7, 2018 by

Exclamation: Master @JohnRalfe1! Mervyn King has now joined UCU and is spouting what you call “#USS #smokescreen and pure #UCU #bollocks“! Calling Bazooka @mikeotsuka and Plowman @henryhtapper https://t.co/OFuewk3ER7 — John Ralfebot (@Ralfebot) September 6, 2018 One of the joys of … Continue reading →

Posted in pensions, USS | Tagged , , , , , , , | 3 Comments

Stop scamming – by giving people better choice.

Posted on August 14, 2018 by

I’m a fan of Government intervening to stop scamming. It’s good that the FT on.ft.com/2P1VT5c  and BBC are reporting “SCAMSMART” the FCA’s new initiative to stop scamming. But this intervention has to be accompanied by positive action from the private sector. People … Continue reading →

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

University pensions! – Stay collective! Stay open!

Posted on May 18, 2018 by

Another good day for pensions! Yesterday was a good day for the collective pension scheme in Britain. I had breakfast at Cicero’s offices in the Old Bailey (not the courts). I was able to hear our Pensions Regulator talk openly about … Continue reading →

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

Johnson misses the point; CDC is for the common man

Posted on May 7, 2018 by

  I don’t know whether Michael Johnson is being obtuse or obstructive, but either way, his letter to the Financial Times, misses the point.    A small cabal of consultants to the pensions industry has been banging the collective defined … Continue reading →

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

What is CDC?

Posted on April 2, 2018 by

  I’ve had a couple of calls recently for a simple explanation of what CDC is and why it could be useful in Britain today. CDC is an abbreviation for Collective Defined Contribution. A CDC scheme is created by contributions … Continue reading →

Posted in CDC, Pension Freedoms, pensions | Tagged , , , , , , | 2 Comments

Advisers should welcome a revival of the collective pension scheme

Posted on March 2, 2018 by

Financial advisers have never had it so good. The collapse of the DB market has led to the outflow of tens of billions of pounds into the wealth market,  the emergence of fund platforms has allowed them to demonstrate a … Continue reading →

Posted in Blogging, CDC, pensions | Tagged , , , , , | 4 Comments