Tag Archives: TPR

A DB funding code – but not as we knew it

  Professional Pensions has secured a scoop from TPR policy head, David Fairs admission that the DB funding code he launched in 2019 is practically dead in the water. Not being at the event, I am going on PP’s report … Continue reading

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Three quarters of Uber workers are muslim; they have no Sharia investment option.

People reading this headline will be entitled to ask, how did that happen? Workplace pensions are chosen by employers, or in the case of Uber, by their “workplace solutions” provider. Did Uber choose NOW Pensions or did Uber follow Adecco? … Continue reading

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Is CDC more threatened by regulation than markets?

CDC and Stochastic Investment Returns Con Keating and Iain Clacher In an earlier blog we examined the decumulation performance of CDC schemes under deterministic investment returns and inflation This blog considers the excessive volatility and the wildness of outcome introduced … Continue reading

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The IGCs are now in a tight corner – is this fair?

Normally at this time of the year I would be reading IGC reports and commenting on them. In future reports will be published by the end of September and will be considerably more challenging for IGCs to produce. In this … Continue reading

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Value for Money

When I went to see the Pensions Minister earlier this week, I had three problems and three ideas My first problem was that we had no fix for the feeble participation rates for pension credits, I’ve written about the solution … Continue reading

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Ian McKenna’s dashboard rant gets a huge “like”

I didn’t realise I had as much in common with Ian McKenna  – nearly 5,000 linked in connections it seems! Those bonds were cemented yesterday when Ian posted this great comment on my blog on pension dashboards. Ian McKenna Winner … Continue reading

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The OECD’s 10 Commandments for DC pensions

The OECD has produced a well thought out Recommendation for the design of defined contribution pension plans. Published on 23rd February, it has received little comment (presumably as it has not been subject to a press release). However, it is … Continue reading

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CDC investment – a “B-movie caricature” – Con Keating

Blog 3 from Con Keating on  the Proposed CDC Code The CDC Code of practice has much to say about investment; much of which is far more intrusive than single lines requiring that assets held as part of reserves be … Continue reading

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CDC – time to ask the audience?

  When you bring a new product to market, you first test whether there is a gap into which it can fit. If nothing else, the FCA’s Retirement Income Study is showing that there is space in the market for … Continue reading

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Is TPR setting too high a bar for CDC?

If you’re thinking of running a CDC scheme, make sure you have deep pockets. The application price alone is an eye-watering £77,000. This compares with £23,000 to apply for master trust authorisation. No one will make an application without being  … Continue reading

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