Tag Archives: Scottish Widows

Lloyds Bank’s bold step into 21st century pensions

Time for a viewing of the brilliant film “Margin Call”, which starts with the “letting go” of a bank’s risk officer. Lloyds Bank axes risk staff after executives complain they are a ‘blocker’ https://t.co/HKvI7cMbKt via @ft — Bryn Davies (@DaviesofBrixton) … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Scottish Widows IGC writes a report that policyholders might want to read

  Anna Bradley is back as Scottish Widows IGC chair and she couldn’t have chosen a worse time to get the job. She’s reporting on 2022, a year when not only was the performance of Scottish Widow’s workplace pension funds … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Scottish Widows – Nature and Biodiversity: why should pension funds act now? 

Type – Online (+1Hr CPD) When Tuesday July 18th, 2023 at 10:30 am You are cordially invited to attend our next event on July 18th. In just 50 years, humanity has pushed itself out of a period of stability that … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

Who really wins from DB’s “risk transfer” to insurers?

In a long and well -informed “big read”, the FT has published its thoughts on the structural shift in DB pension provision known as bulk buy-out. The article begins with the memories of 71 year old John Shaw and the … Continue reading

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

Scottish Widows service meltdown

Jessica Beard at The Daily Mail’s “This is Money” website has uncovered a deplorable breakdown in claims management at Scottish Widows. Families waiting months for money they are entitled to after a loved one’s death  Many have faced hour-long call … Continue reading

Posted in pensions | Tagged , , , | 2 Comments

Can these insurers become useful to pension savers again?

    Time was when people regarded a pension as an insurance against getting old, right now insurers compete with master trusts and SIPPs for the nation’s retirement saving and the staple features that made them indispensable seem increasingly irrelevant. … Continue reading

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

The Mail exploits pension saver’s ignorance – who’s fault is that?

There is a lot wrong with this article, but one thing that is right is that performance matters and matters to the people who are using workplace pensions. If it didn’t matter, the Mail would not publish articles like this, … Continue reading

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

Assessment of 2021 IGC reports – a boring read but an important one!

Despite the efforts of the FCA to make IGC reporting more relevant to ordinary savers, I found this crop of IGC reports were bland and unambitious in their reporting of VFM. No IGC suggested that  value for money was not … Continue reading

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

The Scottish Widows IGC looks beyond the swirling cape

    Style, tone and content. Scottish Widows has great if somewhat laddish marketing , thankfully it has an IGC that is interested in what it is delivering to its policyholders/members.  This IGC report continues an improvement evident over recent … Continue reading

Posted in pensions | Tagged , , | Leave a comment

Are you getting pension consultation fatigue?

It looks like plenty of us are As well as being year 2 of the pandemic, 2021 continues to be the year of the pensions consultation #ConsultationFatigue https://t.co/ZKN0luwqLo — Tess Page (@Tess_invests) September 16, 2021 While #ConsultationFatigue isn’t trending, conversations … Continue reading

Posted in advice gap | Tagged , , , , , | Leave a comment