Tag Archives: TPR

Regulation 2.0 (and how to pay for it).

  I am on something called the Pension Regulator’s Stakeholder group which means I’m supposed to champion tPR .I get meetings with MAPS (which always get cancelled at short notice) because I represent something out there called “innovation”. But in … Continue reading

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When naming and shaming had to stop

It now is clear there are not one but two firms that have been hit with a  £350,000 fine through escalating penalties from the Pensions Regulator and both relate to the non-payment of monies into staff pension accounts. These are … Continue reading

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Folly in the Pensions Landscape

Every month of every year I get a request from someone for information on the Pensions Landscape in the UK and where people can get reliable stats on where our pension savings go. The answer I give them is to … Continue reading

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The DC Trust – a pension appendix

The appendix Nobody knows exactly why we have an appendix, but removing it isn’t harmful. Appendicitis typically starts with a pain in the middle of your tummy (abdomen) that may come and go. (NHS inform). I feel much the same about … Continue reading

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The right (and wrong) types of pension scheme consolidation

Our vision for the future of occupational pensions is one where all savers are in schemes that have excellent standards of governance that deliver good value. Over time we think this will mean having fewer, but better governed schemes in … Continue reading

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One life – one retirement – two regulators

Yesterday’s Pension and Benefits UK conference kicked off with consecutive speech’s from TPR CEO Charles Counsell and the FCA’s Edwyn Schooling Latter. Counsell delivered a staid and unambitious rehearsal of tPR’s agenda and frankly I was bored. Schooling Latter spoke … Continue reading

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What is going on at MAPS?

I want MAPS to succeed. It needs an experienced person as its CEO who understands pensions. Here’s MAPS’ news as  Pension Age presents it. The Money and Pensions Service (Maps) chief executive officer, John Govett, has resigned eight months into … Continue reading

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Towards a new pension funding code

  On Thursday, David Fairs, head of policy at the Pensions Regulator delivered a keynote speech to 200 or so delegates at the First Actuarial client conference. He did so a couple of hours after publishing a blog which has … Continue reading

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What should you say to your staff about pensions next week?

Next  week most staff will see for the first time the impact of their increased pension contributions on their pay. They may ask you, if you are the boss or run payroll or pensions or work in HR, what this … Continue reading

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Transparency bites the fund industry

From top to bottom of  financial intermediation cost disclosure is causing problems. UBS and Goldman Sachs have been fined eye-watering sums for failure to provide the right information for others to disclose to their clients. They are not alone. Those … Continue reading

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