Tag Archives: Royal Mail

A finger of fudge is not enough!

Posted on February 1, 2018 by henry tapper

    The fudge that is “guidance” is top of the list of Ros Altmann’s priorities. She’s even written a letter to the Pensions Minister. Lord McKenzie (Labour) and Lord Sharkey (LibDem) and I have written joint letter to Pensions … Continue reading →

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Pensions: universities could learn lessons from Royal Mail

Posted on January 29, 2018 by henry tapper

David Pitt-Watson and Hari Mann believe there could be a way to settle the ongoing pensions row amicably   University employers and university staff are locked in a dispute about pensions. Both have reasonable positions. The employers say that the cost … Continue reading →

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

No shortage of “pension engagement” at Royal Mail.

Posted on January 28, 2018 by henry tapper

Pension people want positive engagement, but when they get it, they ignore it or deride it. On Friday, the CWU announced that an agreement had been reached between CWU and Royal Mail which will now be put to the membership. … Continue reading →

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“Trust is a fragile thing” – it’s based on sharing.

Posted on January 23, 2018 by henry tapper

Alistair Queen of Aviva is a great representative of his company. He curated this graphic to twitter yesterday – and it was well liked. Alistair’s comment was made in the context of frustration from Jon Stapleton, a journalist who has done … Continue reading →

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Terry Pullinger on progress towards a Royal Mail CDC scheme

Posted on January 15, 2018 by henry tapper

  This video talks of the intent of the CWU to reach an agreement with Royal Mail.   “I believe we are on the verge of something very very special”

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A pension settlement needs general agreement.

Posted on December 11, 2017 by henry tapper

I spent most of this cold dark weekend putting together a submission to the FCA on what we know is happening to millions of pounds of money that has been disinvested from the British Steel Pension Scheme and reinvested through … Continue reading →

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A time of trust – not guarantees.

Posted on November 26, 2017 by henry tapper

About the time that I was ranting to TISA about the complacency with which we are dismantling the retirement promises made to those who were promised a DB pension based on the years they worked with the company;- this happened! … Continue reading →

Posted in CDC, DWP, FSA, Music, pensions | Tagged , , , , , , , , , , , | 3 Comments

We need to learn to love the PPF more

Posted on October 24, 2017 by henry tapper

Hilary Salt asks “rather than designing new DB superfunds, wouldn’t it be better to grow to appreciate and improve our existing superfund?” It must be frustrating for the Pension Protection Fund (PPF) when the public perception is that to end … Continue reading →

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

Why we should be proud to invest our savings in real assets!

Posted on August 1, 2017 by henry tapper

  My blog yesterday on USS attracted a lot of attention on social media and some interesting comment. This from Ros Altmann – a blog in its own right; Excellent piece Henry. There is insufficient differentiation in this DB debate … Continue reading →

Posted in actuaries, infrastucture, investment, pensions, Treasury | Tagged , , , , , , , | 2 Comments

A wage in retirement or freedom from pensions?

Posted on July 15, 2017 by henry tapper

Yesterday I wrote about one aspect of the dispute between Royal Mail and its workers – the difference in opinion between the two sides on how postal workers are financially supported in retirement. It appears very simple; Royal Mail want to … Continue reading →

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