Tag Archives: tata

Pension Risk Sharing – they’re all at it but us!


Japanese CDC is coming @JohnRalfe1 @markjrowlinson @WillJAitken @henryhtapper https://t.co/e9D2UClhBR — Sam Pickford (@pickfos) June 2, 2017 Oh dear! News that the Japanese have gone all defined ambition did not go down well. Infact it went down like Japanese Knotweed at … Continue reading

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The pension transfer debate can’t be left to experts!


I’m a big fan of outright hostility on social media, especially if it is directed at me. I don’t rate myself as anywhere near as good as Paul Lewis – who is the master at absorbing and developing such hostility … Continue reading

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DB pension heading for the PPF? – Read this!


  Here are some things you didn’t know about the Pension Protection Fund (PPF). If you are in a pension scheme heading in that direction you should read this! While most people think it would be an unmitigated disaster to see … Continue reading

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Tata puts pensions first


  Though the details of Tata’s offer to the members of the British Steel Pension Scheme (BSPS) are only sketchy , it is clear that they are focussed on members getting “PPF+” on existing benefits and a defined benefit pension … Continue reading

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FAB index continues to climb (and has some good news for Tata Steel!) #FABI


First Actuarial’s Best estimate (FAB) Index improved again in March showing a surplus of £294bn across the 6,000 UK defined benefit schemes. This continues to buck the trend with the PPF 7800 index falling for the third month in a … Continue reading

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Was DC the only choice for the Tata Steelworkers?


      Speaking on the radio yesterday, John Ralfe called the decision of Tata Staff to accept the loss of future accrual into a final salary scheme in exchange for a 10% contribution into a DC pension fund as … Continue reading

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What next for the British Steel Pension Scheme?


There must be something in the water at the DWP. First NEST now the PPF make bids to become our national pension providers. I am not against state run pension funds, but I am against the creation of state oligarchies … Continue reading

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Good and bad news for Tata’s pension scheme


BSPS members down but not out The deal facing members of the British Steel Pension Schemes(BSPS)  isn’t great , but it’s a whole lot better than that predicted. What’s clear is that there won’t be much future accrual of defined … Continue reading

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GAD shows you can’t take “company” out of “company pensions” #TATA


So the mysterious volte face by the Government over the Tata Steel pensions rescue package is a mystery no more. The FT, led by super-snooper Jo Cumbo have unearthed the GAD submission to the DWP consultation on solutions to the … Continue reading

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Shaking up at the DWP- how will politics effect pensions and payroll?


As we all know by now, the DWP are very proud of auto-enrolment which former Pension Minister described as “that hen’s tooth – a public policy success”. At the time of writing, I should be in a meeting chaired by … Continue reading

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