Tag Archives: Surplus
The Lords and the Pension Schemes Bill – the game is on for pension surplus!
This comment was fed into my mail yesterday evening by someone who’d watched the debate in the House of Lords about the choices facing trustees and employers with defined benefit pension plans they are responsible for. Re the Lords and … Continue reading
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Tagged Bryn Davies, henry tapper, House of Lords, Jiohn Hamilton, LDI, Ros Altmann, Surplus, William McGrath
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Back to the future; the return of the surplus; Stagecoach and Richard Jones
Richard Jones’ excellent explanation of the history of pension surplus kicked off a first rate discussion. Have a look at the slides to get an idea of whether you want to devote up to an hour of the session. Richard … Continue reading
The idea that members will get pension pay increased from Stagecoach’s surplus “interesting”.
I am amazed that people like Sammy at Rothesay see deals that do ordinary people good as bad news to me! I am aware that many people are fed up that they did not do the deal for Stagecoach but … Continue reading
Back to the future! The return of DB Surpluses with Richard Jones
Tuesday 9th December at 10:30am You are cordially invited to attend our next online Coffee Morning….get your Flux capacitors out! At this event, Richard Jones, Managing Director of Punter Southall Pension Solutions, will present insights from their latest research report: Back … Continue reading
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Tagged Back to the Future, Pensions, Reichard Jones, Stagecoach, Surplus
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Will HSBC pensioners get unjust deserts?
I came across this post on Linked in. It’s from Andy Ripley, head of retail sales at HSBC for 10 years. It feels from the heart. I have not verified the numbers myself but there is an underlying concern here.from … Continue reading
We shouldn’t have deficits , we shouldn’t have surpluses – we won’t with CDC!
The headline run by the FT out of the maligned OBR’s report on pension is that only £2.2bn of the £160bn surplus capital in UK DB pensions is going to be drawn down by companies from the occupational pensions they … Continue reading
Penson Surpluses can now be “tapped” for staff’s best interests
From April 2027, well-funded defined benefit pension schemes will be permitted to pay surplus funds directly to scheme members over the normal minimum pension age where permitted by the scheme rules. This is a welcome measure that has been called … Continue reading
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Tagged C-Suite, pension surplus, rubber tree, Surplus, tapped, Tapper, William McGrath
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Coal Staff – why aren’t we shouting from the rooftops this great news?
I am very pleased that the Government has agreed to pay the surplus in this pension scheme to members. Well done Mark Walker and the investment team who have kept the coal workers invested in growth (mainly in … Continue reading
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Tagged BCSSS, Budgeet, Economic growth, equities, growth, Mineworker, Surplus
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Debate pension surpluses – tomorrow 10.30 am
Christos Christou is a PMI Professional Trustee and has produced a proposal to the Pension PlayPen . For more details about Christos scroll to the bottom of this blog. Paste the link below into your diary https://teams.microsoft.com/l/meetup-join/19%3ameeting_OTIwYjc5ZGUtMDQ4ZC00ZDFkLWI4YjYtOWYyYWE1ZDFmYjMz%40thread. The Challenge • … Continue reading
Extracting DB surplus with Christos Christou
Christos Christou is a PMI Professional Trustee and has produced this proposal to the Pension PlayPen . For more details scroll to the bottom of this blog. The Challenge • Based on DWP’s impact assessment (Sept 2024), the Government’s surplus … Continue reading