Tag Archives: Standard Life

“Phoenix and the Island of misfit pensions” – how one IGC is making a difference.


Phoenix – the island of misfit pensions. It’s not much fun if your pension finds its way to Phoenix Life. It’s the pension equivalent of the Island of Misfit Mascots – the place where Peetie the Sexual Harassment Panda gets … Continue reading

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

The Standard Life IGC – could things possibly have gone worse?


 It has not been a good year for Standard Life or its IGC. This hasn’t stopped the IGC from producing a report that weighs in at an incredible 91 pages, only the first 15 of which are directed at the … Continue reading

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

Standard Phoenixed.


There are few examples, since the demise of Equitable Life, quite so ignominious, as the end to Standard Life. Standard Life Assurance Limited is being sold to Phoenix Life for just £3.2bn , part of which will be paid to … Continue reading

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

Standard Life- welcome to Sage’s digital “Data Exchange”!


I’m very pleased to see Standard Life’s announcement that its “Good to go” proposition is now part of Sage’s Data Exchange initiative. The news grabs headlines in the Scotsman and it should be headline news down south as well! Employer’s … Continue reading

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

Radical thoughts about “value for money” – from Julius Pursaill (aka mystery blogger)


  Establishing a consensus on what “value for money” is, is proving too hard for the IGCs and Trustees, we need intervention from a “deus ex machina” (aka the FCA). Once we know the means to measure, I believe the … Continue reading

Posted in pensions | Tagged , , , , , , | 7 Comments

Ombudsman 1 – Freedom 0


It would seem that Mr T (neither of the A-team or of this blog) has been sent packing by the Pensions Ombudsman. Mr T sued Standard Life’s staff pension trustees to max-up his CETV. He did so using an online … Continue reading

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

Who’s kidding whom – on DC pension governance?


I was “privileged” to spend a whole day with one of the many employer groups we have in Britain.  This meeting brought together Directors (especially FDs and Heads of HR) of  Research and Technology organisations. When I say privileged – … Continue reading

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

Standard Life’s IGC Statement – two greens and a red!


The Standard Life IGC’s chair report was published on Friday. You can find it here https://www.standardlife.co.uk/c1/independent-governance-committee.page. As a note to Standard Life, it would be good if this report could be given more prominence on your home page, you can … Continue reading

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

What’s Standard Aberdeen to the consumer?


Whether the Standard Aberdeen deals goes ahead or not, it’s quite clear that active fund managers are feeling the pinch and that consolidation will follow. Here’s one commentator in the FT summing the deal up.  “The collective headwinds for the … Continue reading

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

If past performance doesn’t matter- what does?


Performance measurement is a deeply unpopular science. If there is one phrase that financial services has given to popular parlance it’s that “Past performance is no guide to the future” This worthy sentiment would ring hollow to the person transferring … Continue reading

Posted in pensions | Tagged , , , , , , , | 6 Comments