Tag Archives: Tesco

Ruston Smith takes staff retirement seriously

I was glad to see Ruston Smith sticking his neck out in the pages of REBA. as Chair of the Tesco Pension Fund, Ruston has always been prepared to go the extra mile and say the things his peers shy … Continue reading

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New Improved Pension Statements on the way.

Ruston Smith and Quietroom   We need improved annual statements from our workplace pensions because…. Many annual statements are  too long, complicated and include jargon As people have savings with many providers, they get different statements at different times of … Continue reading

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Care or hubris? – How Tesco got in such a pensions mess.

Every little helps? The right old mess that Tesco has found itself in , is blamed partially on its mishandling of its pension strategy. How can an organisation with the motto “every little counts” have such a large pension deficit? … Continue reading

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The pension zeitgeist

The real lessons to be learned come from what people do , not just what they say; but we can start by listening to the pensions Zeitgeist Continue reading

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Tescos – Karen Wake helps- quite a lot!

It is not about staging dates, it is about day in, day out; forever into the future Continue reading

Posted in auto-enrolment, pensions, Popcorn Pensions | Tagged , , , , , , , | 5 Comments

Time to look at VAT on pension costs

OK – not the most exciting topic but it’s an important one! I’ve seen no discussion about VAT on pension fees and that’s troubles me as we put together our strategy to sort out the pension challenge facing the 1.2m … Continue reading

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100% horse!

When you pick up a packet from a shelf- the chances are you looking at the brand. If you are looking at the supermarket‘s own brand– you are making ca call on the probity and governance of the supermarket. If … Continue reading

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Tesco v Morrisons – a pension-enrolment showdown

The Government officials charged with monitoring the success of auto-enrolment will no doubt be watching with interest the reported numbers enrolling into the Morrison’s and Tesco’s pension arrangements. Both organisations have opted to provide their “eligible jobholders” with defined benefit pensions; the … Continue reading

Posted in auto-enrolment, customer service, de-risking, defined aspiration, Financial Education, Management, Payroll, pension playpen, Popcorn Pensions | Tagged , , , , , , , | 5 Comments

Abusing the voice of the people – a call for better pensions

Evangelists of social media cite the wisdom of the crowd. But wisdom and gullibility are two sides of the same coin and  those who marvel at the capacity of groups to congregate around their chosen solutions, demonize their herd mentality when the crowd looks elsewhere. “Vox … Continue reading

Posted in annuity, auto-enrolment, Change, David Pitt-Watson, dc pensions, defined aspiration, Henry Tapper blog, leadership, NEST, pension playpen, pensions, Personal Accounts | Tagged , , , , , , , | 5 Comments