Tag Archives: TPR

“He that hath ears to hear, let him hear.”

I am very pleased that Con Keating and Iain Clacher’s recent article has got so much attention , both in terms of readers and in terms of social media comment. Though I am one of those who thinks the Pension … Continue reading

Posted in actuaries, Big Government, coronavirus, pensions | Tagged , , , , , , , , , | 5 Comments

“The way we were” – DWP AE Evaluation

In normal times, the publication of a major Government review of auto-enrolment would be newsworthy. Apart from a series of mentions by Jo Cumbo, I have seen no publicity for it – from the DWP or their press office or … Continue reading

Posted in age wage, DWP, pensions, Pensions Regulator, Retirement | Tagged , , , , , | Leave a comment

The end of furlough and what it means for pensions.

A question was asked of the DWP on April 24th filed under  “Pensions: Advisory Services”  To ask the Secretary of State for Work and Pensions, what discussions she has had with the Financial Conduct Authority (FCA) on when the FCA … Continue reading

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All plans off for DB funding proposals

I’m sorry to have missed the FT’s DB funding debate, it sounds like a lively affair! Mercer, the professional services firm, last week estimated the aggregate accounting deficit for DB schemes for the UK’s 350 largest listed companies was £52bn … Continue reading

Posted in actuaries, advice gap, Blogging, dc pensions, de-risking, defined ambition, DWP, pensions | Tagged , , , , , , , | 1 Comment

“Procrustean Pensions”; Jon Spain challenges tPR’s modelling

On 03 March 2020, the Pensions Regulator (“TPR”) launched its consultation on clearer DB funding standards. The documentation included a report from GAD (the “report”) entitled “Modelling the Long-Term Funding Objective” dated 14 February 2020. This short piece concentrates upon … Continue reading

Posted in actuaries, pensions | Tagged , , , , , | 6 Comments

No more reports – nobody reads!

Baroness Bennett, Stedman-Scott and Altmann – getting things done   Every year occupational pensions schemes are required to publish reports that nobody reads. Clearly this is unsatisfactory and we could go two ways Stop writing the reports (would anyone notice?) … Continue reading

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A dashboard of everything?

Is the Pandemic- a regulatory challenge or opportunity? More than 30 consumer protection measures in the UK have been put on hold since COVID outbreak. Regulators need to guard against lobbying to make these interim measures permanent. https://t.co/5lbFgbVXYF — Josephine … Continue reading

Posted in advice gap, age wage, Dashboard, de-risking, pensions | Tagged , , , , , , , , | Leave a comment

Shouldn’t pensions “stay at home”?

Should we stop transfers for the next 6 months?   Yields are down, markets are down, has there ever been such a time to transfer your pension rights? That’s what many people may be thinking and if you were a … Continue reading

Posted in advice gap, age wage, FCA, Financial Conduct Authority, pensions, Pensions Regulator | Tagged , , , , , | 2 Comments

Are small DC pension schemes in the member interest?

Trustees vote for their own demise There hasn’t been much comment on social media about the Pension Regulator’s consultation response on the future of trusteeship. This is in marked contrast to what TPR reports as a record 114 written responses … Continue reading

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Regulator fines Regulator

Robin Ellison has too refined a mind and too fine a writing style, for his thoughts to be left languishing on Linked in. Not since the days of John Quarrell has there been such a dissenting voice, speaking against  the  … Continue reading

Posted in age wage, FCA, pensions | Tagged , , , , | 2 Comments