Tag Archives: Royal Mail

University pensions! – Stay collective! Stay open!

Posted on May 18, 2018 by henry tapper

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 , , , , , , , , | 2 Comments

Johnson misses the point; CDC is for the common man

Posted on May 7, 2018 by henry tapper

  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 henry tapper

  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 henry tapper

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

Royal Mail CDC – proof of concept or the real deal?

Posted on February 23, 2018 by henry tapper

I am always amazed at the churlishness of the pension industry towards innovation. Here’s John Lawson suggesting that the Royal Mail should be spending £400m a year to satisfy his curiosity. I’d quite like one or two schemes to try … Continue reading →

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A good day for pensions, a good day for the DC upgrade.

Posted on February 22, 2018 by henry tapper

We will know we have a solution when we don’t need guns. Overnight I heard the President of the United States deliver his solution to the gun crisis in American schools. To prevent more mass shootings, Donald Trump suggested that American teachers … Continue reading →

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

Why are university staff going on strike?

Posted on February 19, 2018 by henry tapper

  My son has started sending me the announcements he’s been getting from his University about impending strike. He’s at one of two Universities who have been leading the charge amongst employers calling for an end to DB accrual in … Continue reading →

Posted in pensions, Royal Mail, USS | Tagged , , , , , , | 5 Comments

Time for a DC upgrade?

Posted on February 16, 2018 by henry tapper

I was wading through yet another long and technical explanation of CDC  when I got my Eureka moment! I don’t want a CDC plan, I want a DC upgrade! I’m not dissing legal eagle Sandeep Maudgil (who’s soon to appear … Continue reading →

Posted in annuity, CDC, pensions | Tagged , , , , , , | 3 Comments

BSPS – with the benefit of hindsight.

Posted on February 12, 2018 by henry tapper

“I wonder how many of the financial advisors who recommended transfers out , predicted a 10% drop in the stock market in one week? Not many is my bet.” This is a post on the main British Steel Pensioners Facebook … Continue reading →

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

If I was Theresa May….

Posted on February 2, 2018 by henry tapper

I can understand Theresa May’s frustrations, I am a member of her party and have witnessed her “annus calamitous” up close and personal. I am a fan of May’s, an endangered species, but I prefer her to alternative models As … Continue reading →

Posted in CDC, pensions, Royal Mail | Tagged , , , , | 3 Comments