Tag Archives: Treasury

What’s the Long Term Asset Fund and will it work?

The ‘Long Term Asset Fund’ (LTAF) will be launched within the year to provide long term alternative and innovative investments. I’m quoting here from a paper send by my Swedish friend Per Andelius and written by the lawyers CMS The … Continue reading

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Are unicorns just for little girls?

I don’t often agree with my friend Steven Groves (at least not on social media) but we found common ground yesterday after I argued that the charge cap needs a carve out to accommodate performance fees when something goes really … Continue reading

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24 hours to save pensions from Treasury nutters

  We have known some time that the minimum age at which most people can access their pension savings will be moving from 55 to 57 and will probably be pushed back again as life expectancy continues its remorseless progress. … Continue reading

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The Chancellor’s listening – are you? (a shouty blog)

You asked for it. We arranged it. Clubhouse with the Chancellor @RishiSunak and some special guests. 4.30pm tomorrow. More details here: https://t.co/jsEweOnIc7 pic.twitter.com/KkqnuIRW6H — Coadec (@Coadec) March 24, 2021 I’m certainly going to be on this call and listening to … Continue reading

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Why “pension raids” are not the priority for the Treasury

Yesterday’s “Tax-Day” came and went without a headline grabbing announcement on personal tax relief. I liked this reaction published in Professional Pensions Quilter tax and financial planning expert Rachael Griffin said the announcements were “a bit of a damp squib, … Continue reading

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The end for small DC trust-based schemes?

  My old firm, First Actuarial have published a  timely bulletin to its clients which I’m drawing on here. It gives me the title for this blog and sets out the issues troubling Government in a clear and formal way. … Continue reading

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Underpayments of the State Pension estimated at £2.7bn.

In May last year, former Minister Steve Webb, now a partner with actuarial practice, Lane Clark and Peacock, launched a calculator to help the nation’s Grannies work out if they were entitled to more state pension than they had received.. … Continue reading

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The Treasury’s review of funds should remember all who use them!

The Government faces four particular challenges in its regulation and promotion of the UK asset management industry. It has much to lose and little to gain from change – Britain is Europe’s largest asset management hub and the disruption of … Continue reading

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Could pension freedoms mortgage our future? too?

In her role as global pensions consultant, Jo Cumbo has been looking at early withdrawals from pensions around the world. Having looked closely at Australia, where there is some evidence of increased withdrawals by younger members, the FT looked this … Continue reading

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The heavens open on tPR and DWP’s DB plans

As predicted in my recent blog , the heavens have opened and the Government’s plans for a new DB funding code and powers to the Regulator to make it stick are at risk of being deluged by industry criticism. Not … Continue reading

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