Tag Archives: Stagecoach

22,000 people who worked for bus company Stagecoach got a good deal

This was a job well done and PWC can pat themselves on their own back. The final shout out must go to the Trustees and  who orchestrated the deal. Continue reading →

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LCP – boy am I looking forward today’s day-long discussion at the Barbican!

I’m not a DB man, but I’m a collective pensions man and I will get a part of LCP’s DB conference dedicated to CDC (3pm – Draper and Taylor repeats the line up of last week’s PP coffee shop)! I’ll … Continue reading →

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Pensioners look on as insurers gloat.

There is something wrong about this. Insurers should not gloat that they will be investing what is currently our pension fund money. The insurance companies expect £550bn of our money to insure and reinsure promises already secured in pension schemes.  … Continue reading →

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Of old and new; Derek Scott is my master!

As I’m near him in Scotland this week, I will promote some of the remarkable comments on my blog of Derek Scott to the blog itself. This will I hope solicit an invitation to visit him in his Fife Fiefdom … Continue reading →

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Your £50k pension surplus negotiable with your DB trustees and the boss!

Yesterday I sat through a day in the City listening to insurers talking about the safety of giving them your money while everyone else wanted to talk about what to do with the surplus funds not needed to pay the … Continue reading →

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Insights into a pensions sponsor substitution transaction – watch Aberdeen, Stagecoach Trustees with PWC

Iain Pearce is a smart consultant, Nick Chard a professional trustee and Rob Andrew an actuary who manages pensions at Aberdeen.  Together they did a great job for the Stagecoach Pensioners. I’m pleased he is making sure the story of … Continue reading →

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Revival of pension investment as pension buyout deals slow.

The FT kick off the week reporting something that you’ve been reading on this blog and in the pension trade press, the flow of pensions to insurance annuities is slowing as the size of buy-ins and buy-outs slows. Thanks Mary … Continue reading →

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Stagecoach’s Pension’s heritage simplified – in less than 2 minutes

There are parts of a weekend when you’re finding yourself wanting to hear someone talking at you. I start this blog with a five year old news item linking Stagecoach with Aberdeen and will revert to the heritage of the … Continue reading →

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Why are there still 4,838 DB schemes and what will happen in 2026?

Thanks to the Pension Protection Fund for using its data gathering prowess to keep those of us working in and commentating on pensions, armed with the right information. It’s the latest stuff from the Purple Book and it shows just … Continue reading →

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Innovators ; so much for yesterday – what of tomorrow?

I have reprinted the links to the video and slides from John Hamilton’s presentation yesterday. It is a mark of the interest the Stagecoach/Aberdeen (SASA) deal has had that the blogs surrounding John Hamilton’s appearance have had enormous interest. But … Continue reading →

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