Tag Archives: Scottish Widows
Scottish Widows’ DC counter to the CDC challenge.
There is no doubt that the Scottish Widows Master Trust is here to say. It will pick up the Lloyds Banking Group’s DC scheme (Your tomorrow) which will make the Master Trust a £1o bn scheme by 2030 (and well … Continue reading
Little future for “Your tomorrow” at Lloyds Bank
The news through the FT yesterday that Lloyds Banking Group will consult on closing its defined contribution pension scheme and then transfer its benefits to Scottish Widow’s master trust is the end of the line for the private pension scheme. … Continue reading
Will Lloyds salvage the Scottish Widows Master Trust with it’s staff DC scheme?
The Pension Scheme members affected work or have worked for Lloyds bank or a related company and are currently in the Lloyds Bank DC pension scheme. This is the only way I can make sense of “new pension provider” Scottish … Continue reading
It will take more than the Government to make us invest in ourselves
Earlier this month, Charles Randell asked whether the Government could force us to invest in ourselves. Randell is the former FCA Chair is someone who will tell you he earned the biggest monthly pay-packet for him and his law firm … Continue reading
Are pensions political? You bet they are.
The blog yesterday in which I criticised Scottish Widows’ move away from a “home bias” and towards the diversification that DC accumulation has seen over the period of AE workplace pensions may seem “political”. I agree with that opinion but … Continue reading
What of providers who won’t support the pension accord?
The news of the investment accord between 17 of our largest DC investors is good news. The wonderful Corporate Adviser has latest figures on how these providers are competing against each other and the composite assets when considering occupational and … Continue reading
Scottish Widows finds it isn’t getting enough money from savers
Scottish Widows has researched into the UK public’s capacity to pay the bills in later years and has concluded that workplace pensions are key to meeting the shortfall between what people get from the state and what they need to … Continue reading
Pete Glancy and Scottish Widows – caught in the doom-loop of complexity!
In this blog I take issue with Pete Glancy and his premise that we have a “decumulation dilemma”. We have no such thing, we enter into a pension scheme to sort out our pension dilemma, it is the provider of … Continue reading
Only 2/10 entrepreneurs use pensions, I don’t blame the 8 that don’t!
First let’s define “entrepreneur”. It is not defined by the small band of named celebrities who are delivered to us through TV shows like Dragons Den and the Apprentice”. Entrepreneurs to me are the people who decide to make their … Continue reading