Tag Archives: Surplus
BP Targets £4 billion UK Pension Fund Surplus – Blocks Trustee for Fifth Consecutive Year
There are few things that annoy me more in pensions than the behaviour of BP’s management in blocking the Trustee’s wish to distribute part of its substantial surplus to members. BP pensioners will be out in force at BP’s AGM … Continue reading
Surpluses will make “employers see DB schemes as long-term assets”
It’s good to see a volte-face from a firm of consultants that has been rock-hard supporters of buy-in and buy out since schemes swung back from deficit and into buy-out territory. But this Bill has been on their desks these … Continue reading
Common sense should win through and pensions should not repeat past follies
The headline seems a disaster for pensions. The ABI and those preying on open DB pensions, are quick to point to the need to insure away the risk of pension paying people deferred pay in later life. If you had … Continue reading
Members of the BP pension still wait for promises to be paid
“Although BP have yet again refused a discretionary increase, the fight goes on. We are waiting for a Pensions Ombudsman ruling, but fully expect it to take several more months. Who knows what the outcome will be, but we are … Continue reading
Posted in pensions
Tagged BP, Distribution, Malcolm, Malcolm McClaren, pension scheme, Surplus
1 Comment
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
Posted in pensions
Tagged BP, Jonathan Guthrie, pensioners, Pensions, Stagecoach, Surplus
3 Comments
Thoughts of accountants on the use of Pension Surpluses in DB
Pensions Oldie is I think an accountant. Here are his thoughts following my blog on employer strategy from Hymans Robertson Pension Oldie I agree that the webcast is an excellent review of the current position and the matters to be … Continue reading
Hywel Robinson – who owns the pension surplus? This morning at 10.30am.
You can get to this meeting at 10.30 this morning by clicking here Coffee Morning – Got a DB Surplus? ..Who owns it?? CPD included Type – Online Teams When – Tuesday 3rd March at 10:30 am You are … Continue reading
Hywel Robinson – who owns the surplus- Pension PlayPen Coffee Mornings are back!
Coffee Morning – Got a DB Surplus? ..Who owns it?? CPD included Type – Online Teams When – Tuesday 3rd March at 10:30 am You are cordially invited to attend our next Coffee Morning. Hywel Robinson, our speaker recently wrote … Continue reading
The people are the company, they get the pension surplus , the company still benefits.
I read this tweet and for a moment thought that I was agreeing , but then I read a little further and decided I was not sure… Did you notice £2.3bn giveaway in Budget to small group of public sector … Continue reading
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
Posted in pensions
Tagged Bryn Davies, henry tapper, House of Lords, Jiohn Hamilton, LDI, Ros Altmann, Surplus, William McGrath
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