Tag Archives: Torsten Bell
Can we afford the triple lock on our state pension?
Last week I commented on the choice that the Pensions Minister has over whether to promote the triple lock, retain the current state pension age or do both, Here are younger voice. My friend Andy Young had privately reproved me … Continue reading
A fudge on mandation to get a Pension Schemes Act? I don’t think so!
The FT are clear about mandation of commercial pension schemes to toe the line . The new word is “capped” which is tantamount to a fudge on mandation that will keep the ABI and all they command quiet. “Capped”, is … Continue reading
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Tagged Clause 40, Pat McFadden, Pension schemes Act, Pensions Schemes Bill, Reeves, Steve Webb, Torsten Bell
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“Is this Government really interested in Pension Superfunds?” – asks Gupta
New Capital Consensus are a group of thinking people including my friend Ashok Gupta who want to see policy through to action. I’m not quite sure why I and AgeWage are included on this post, but I’m pleased they … Continue reading
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Tagged Ashok Gupta, DB, dc, Insurers, Pensions, superfunds, Torsten Bell
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Higher payroll payments for deferred pay; Webb and Bell should work together
In a recent talk to the Association of Member Nominated Trustees, Steve Webb was savage about the lack of progress in pension policy. Thanks to Callum Conway for this report last week We need the straight talking of Webb on … Continue reading
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Tagged Bell, Contribution, Deferred Pay, higher deductions, Pensions, Steve Webb, Torsten Bell, Webb
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What matters most to people about the state pension?
The state pension age matters to everyone still to get it. I worked most of my life expecting to receive my state pension when I’d be 65; I’d be a pensioner in 8 months time had that conjecture held true. … Continue reading
Pension Mandation and “the irrelevance of the Lords as a talking shop”
Guy Opperman may not be a part of the Labour Government but he understands how governments work and why the protest from those arguing for fiduciary freedom will not be granted the amendment the House of Lords has sent downstairs … Continue reading
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Tagged Guy Opperman, House of Lords, Irrelevent, Labour, Mandation, Pensions, ping pong, Torsten Bell
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What matters more to us – our pension on day one or how it increases?
Increasing rates of a pensions at inflation (CPI) is half the liability of a pension promise says my friend and colleague Chris Bunford. Another actuary, Andy Young makes the point that we do more than promise inflation protection with the … Continue reading
Spring statement from the Pensions Minister
I was not able to go to the Trades Union Conference but I could watch it from afar and did, oddly from Bishopsgate where a separate conference was talking about pension administration. Torsten Bell talked of pension administration and I’ll … Continue reading
Torsten Bell would make a good Chancellor one day
I don’t spend much time on Twitter but I do follow Torsten Bell. Lately he’s been tweeting a lot about Swansea where he is an MP but occasionally he makes an economic statement that sounds like him and not the … Continue reading
We are planning for pensions to fail and that is not a way for Britain to grow,
This appears in Mary McDougall’s timeline for her recent posting, I guess it was two months ago that this snippet appeared and I missed it but it seems rather more important since the Aberdeen/Stagecoach Pension deal. There is a future … Continue reading