Tag Archives: trustee
TPR has done well to get rid of non-performing DC trust boards
I wrote this blog, early in 2013 when the idea of a multi-employer trust was still new and opposition to it strong. The Pensions Minister then (Steve Webb) was considering bringing in a charge cap to drive out rogue providers … Continue reading
“Workplace CDC” – Day 2; how’s it going?
Two things have happened in the last few weeks that will make a change. The first was the arrival of a new Government and yesterday we had the arrival of a new type of workplace pension. First – what we … Continue reading
TUC says all Trustee boards should have member representing trustees
This blog is by Sandra Wolf of Mallowstreet The pensions system largely functions well, some in the pensions industry have said in response to a governance consultation by the Department for Work and Pensions closing on Thursday but suggest extra rules … Continue reading
David Butcher ; the trustee salesman’s views offered with conviction
I told you that these VFM podcasts are getting a lot better this year. I thought that I would have to bring my praise to an end when I discovered that the second interview with David Butcher was 77 minutes … Continue reading
Debate pension surpluses – tomorrow 10.30 am
Christos Christou is a PMI Professional Trustee and has produced a proposal to the Pension PlayPen . For more details about Christos scroll to the bottom of this blog. Paste the link below into your diary https://teams.microsoft.com/l/meetup-join/19%3ameeting_OTIwYjc5ZGUtMDQ4ZC00ZDFkLWI4YjYtOWYyYWE1ZDFmYjMz%40thread. The Challenge • … Continue reading
Extracting DB surplus with Christos Christou
Christos Christou is a PMI Professional Trustee and has produced this proposal to the Pension PlayPen . For more details scroll to the bottom of this blog. The Challenge • Based on DWP’s impact assessment (Sept 2024), the Government’s surplus … Continue reading
“Other people’s money” – The PPF’s shocking surplus
Al Meeks has posted this blog on Linked in I am pleased this question is being asked because there are many in my circle who think there is too much insurance and insufficient initiative. For many companies, buy-out is not … Continue reading
Compact or Mandate – is Government violating our pension’s property rights?
Josephine Cumbo is running a thread on Linked in which is an interesting take on this country’s view on the Government’s intervention over how investment in pensions should have a bias towards UK stocks and in particular growth stocks likely … Continue reading
So what does a trustee have to do to go to jail?
Throughout my career, I have been brought up to consider the fiduciary duty binding and the rules governing pension trusteeship actionable if broken. Since the days of Robert Maxwell, the idea of embezzling other people’s money, through a raid … Continue reading
Receiving value for your money – the DWP gets it 95% right.
Insight one “money” is not – “costs and charges ” but “contributions” There came a moment , as I was reading the DWP’s Value for Money Consultation that you realised that something has changed. For me that moment wasn’t this … Continue reading