Tag Archives: trustee

The Pension Industry cannot serve two masters

Pensions are at a crossroads. For 30 years they have been travelling in the direction of the financial services and we could continue that direction of travel. We could turn left and go Dutch or turn right and adopt the American … Continue reading

Posted in auto-enrolment, dc pensions, NEST, pensions, Retirement | Tagged , , , , , , , , , , , , | Leave a comment

What’s that coming over the hill…? NAPF CDC DEBATE #Fail

  The NAPF CDC Debate The debate on how we organise our retirement incomes from our pension savings was not progressed at the NAPF’s CDC focussed pension connections meeting last night. A half filled room witnessing a debate between two “Pale … Continue reading

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A democratic way to improve DC investment.

The responsibility for improving DC governance falls on all of us Continue reading

Posted in advice gap, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , | 6 Comments

To get better pensions we need to share risk

Yesterday, Steve Webb announced he was  to review the level of protection that needed to be provided to private pensions in payment. His  intention is to help the solvency of defined benefit schemes which might need to reserve less for future guarantees. He is … Continue reading

Posted in annuity, corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Management, NEST, pensions, Retirement | Tagged , , , , , , , , | 9 Comments

Meaningless choice

“choices should only be offered where they are meaningful, timely and can be taken in the full understanding of both up and downside”.
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Posted in annuity, corporate governance, customer service, de-risking, Fiduciary Management, Liability Driven Investment, NEST, Retail Distribution Review, Retirement | Tagged , , , , , , , , , , , , , , , , , , , | 6 Comments

Wrong is right…. Guest Blog by Steve Delo

The financial crisis has changed the financial landscape and had a dramatic impact on all investment decision making. Slap bang in the firing line are company pension schemes. And if you’re a trustee of such a scheme, you have onerous responsibilities, … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, NEST, pensions, Retirement | Tagged , , , , , , , | 1 Comment

Perverse incentives; Sexycash or prudent pension?

The problem we all face when we are asked to choose between cash or pension is very complicated. It is possible to put a cash price on a pound’s worth of pension but that’s just the beginning of the story. … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, mallowstreet, NEST, pension playpen, pensions, Retail Distribution Review, Retirement, social media | Tagged , , , , , , , , | 13 Comments

Can’t beat the NAPF!

As trade bodies go, the NAPF is pretty good. It starts from a good place, it wants people to get good retirement outcomes. It operates with the support of all the sectors of the pensions industry and it’s been doing its job … Continue reading

Posted in dc pensions, de-risking, mallowstreet, pension playpen, pensions, Retirement, social media | Tagged , , , , , , , , , , , , , , , , | 3 Comments

How much volatility can we take? Pension Play Pen Lunch Sept 5th 2011

James Smith- First Actuarial Ben Mulroney– mallowstreet Jenny Kreser – Silverman Sherliker Mark Benfold  Railway Pension Scheme Malcolm Delahaye – Supertrust Jennny Yeo  – Affiliate Managers Paull Chapple -Close Brothers Jeroen Wilbrink – Partner at SECOR Asset Management Thornton Wells  – Mattioli Woods Michael Clarke -Capita … Continue reading

Posted in dc pensions, de-risking, Liability Driven Investment, mallowstreet, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 8 Comments

Some of our pensioners are unwell

I’ve  not  read anything so silly as this  http://www.professionalpensions.com/professional-pensions/news/2105510/stv-slashes-liabilities-bespoke-mortality-exercise for a long time. If you can’t read the story via the link, KPMG are delighting in having got the STV Trustees to change their mortality assumptions after they’d collected eveidence that most of … Continue reading

Posted in corporate governance, de-risking | Tagged , , , , , , , , , , , , , | 5 Comments