Tag Archives: trustees

The conflicts of interest facing pension trustees

Posted on October 10, 2018 by

  Robin Powell of the Evidenced Based Investor, interviewed me this week. You can find the original interview here, Robin’s work is important, I hope a few readers will come to his seminar- advertised at the bottom of this piece. … Continue reading →

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Are you the Trustee Chair of a DC pension scheme?

Posted on August 22, 2018 by

  Facing up to your new duties? If so, you’ll be aware that the DWP have been writing you rules (and the Pensions Regulator enforcing them). Since 2016 you have written an annual chair statement and you will now have to … Continue reading →

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Fund managers that plead ignorance- display indolence.

Posted on August 21, 2018 by

    “Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds’ March year-end statements, according to Lane Clark & Peacock (LCP) research”. (Professional Pensions) Hiring an asset … Continue reading →

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

Time for workplace pensions to raise their game! Invest responsibly or lose our trust!

Posted on June 9, 2018 by

Here are some sad truths about the way that auto-enrolment workplace pension providers manage your money. Recent research by Ignite UK suggests that we expect fund managers to manage responsibly. If this is the case, people are not having their … Continue reading →

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What now for the new BSPS and its members?

Posted on May 17, 2018 by

I was sent an announcement yesterday about the new British Steel Pension Scheme. It’s a complicated message and I’ve tried to add comments that explain what each paragraph means in a little easier way. My comments are in green. They … Continue reading →

Posted in actuaries, BSPS, pensions | Tagged , , , , , , | 3 Comments

Let’s stop pretending guidance is enough.

Posted on January 27, 2018 by

News that the Government has thrown out proposals for compulsory guidance to protect us from ourselves comes as no surprise to me , though it has clearly angered Ros Altmann. Writing on her blog, the former Pensions Minister writes of  the … Continue reading →

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To Belfast with love

Posted on November 20, 2017 by

I’m off to Belfast today to talk with Brian Spence and the Dalriada trustees. They’ve been billed the Regulator’s Rottweiler and I didn’t do much for their brand by dubbing them “Rentokil”. My day-out is partly to build commercial links … Continue reading →

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Is NOW the time to transfer out?

Posted on October 11, 2017 by

I was talking last night to a senior financial journalist about NOW pensions. In the catalogue of actions that the Pensions Regulator can call upon, insisting on the inclusion of Dalriada Trustees, is perhaps the most alarming. Dalriada is a … Continue reading →

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Would a shift from bonds to growth assets keep the USS afloat? – Mike Otsuka

Posted on September 19, 2017 by

  Michael Otsuka is Professor of Philosophy at the London School of Economics. He has also served as the pensions officer for the LSE’s UCU branch. This article originally appeared on Wonkhe.com, the home of higher education policy, people and … Continue reading →

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What do we tell our members?

Posted on September 6, 2017 by

    Yesterday’s keynote speech from David Farrar at the Professional Pension DC Conference contained some important messages. I wasn’t the only person in the room picking up a new tone on disclosure. The quote is a close approximation to … Continue reading →

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