Tag Archives: trustees

We talk to retirees the language of a bygone age

Governance improving – but… The DWP has been asking itself some searching questions about the governance of the workplace pensions that Britain will be increasingly rely on to supplement the state pension and eventually overtake it as our main source … Continue reading

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Pension simplification will bring tears at bed-time.

The illustration is from “Greta and the giants” , an alarming children’s book designed to entertain and inform  from Zoe Tucker (author) and Zoe Persico (illustrator). I say “alarming” because climate change should be giving me tears before bed-time. I … Continue reading

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TCFD is the green washing test for UK asset managers

This post from David Crum of Minerva analytics is profoundly disturbing David Crum ASIP• 1stManaging Director – Asset Steward Solutions2w • Edited • 2 weeks ago   2020 – the year the investment industry dropped the ball on ‘Implementation Statements’ This … Continue reading

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DCIF; we won’t pay higher fees without sight of better value

On  Ricki Sushak’s “day of reckoning” , the DCIF unveiled a 75 page report from Richard Parkin on progress made by DC master trusts in adopting best investment practice. The agenda of the report is clearly focused on DC as … Continue reading

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Invest to change the world! #plsainvest20

  Investment has a PR problem. We do not aspire to be investors (no matter what Sid said). Indeed we (as in those who don’t normally go to investment conferences) think investment people arrogant, aloof and often downright crooked. A … Continue reading

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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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Pension tax-relief – a fact based argument for change.

  The change I am suggesting would turn pension taxation on its head, it would mean pension contributions would be taxed at more than 60% for high earners but that the lowest earners would be exempt from pension taxation.  Pension … Continue reading

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The DC Trust – a pension appendix

The appendix Nobody knows exactly why we have an appendix, but removing it isn’t harmful. Appendicitis typically starts with a pain in the middle of your tummy (abdomen) that may come and go. (NHS inform). I feel much the same about … Continue reading

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Are IGCs and Trustees worth it?

      The best test of the value of an IGC or an occupational trust board is to imagine how things would work without one. Before 2015, insurers ran workplace pensions for multiple employers using the bald trust of … Continue reading

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Trustees and transfers

Jo Cumbo’s article in Pensions Expert on contingent charging takes a dim view of trustee behaviour to date. Her idea that advice to stay in a DB scheme could be paid for by docking the original pension has got some … Continue reading

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