Tag Archives: trustees

What about bulk transfers from DC to Collective Pensions (CDC)?

This is a tricky question for everyone and I will not give it full justice in a short piece, but let me explain the issue. We know that the pensions market is dependent on inertia. The success of pension schemes … Continue reading

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Can small DB Pension Schemes prosper? A video explores

Here is the video of Maggie Rodger’s and Bobby Riddaway’s conversation and their answers to our questions yesterday The slides will follow. A further discussion needs to be had as to whether small closed DB schemes should be sponsored by … Continue reading

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WTW – remember it’s the employer who chooses the pension offered to its staff

Willis Towers Watson (WTW) have done some work presenting their thoughts on “decumulation”. This is known on this blog as “turning to pensions”. Thanks to Simon Ellis, whose work as Chair of Lifesight, the WTW DC mastertrust is important. This … Continue reading

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BP Targets £4 billion UK Pension Fund Surplus – Blocks Trustee for Fifth Consecutive Year

There are few things that annoy me more in pensions than the behaviour of BP’s management in blocking the Trustee’s wish to distribute part of its substantial surplus to members. BP pensioners will be out in force at BP’s AGM … Continue reading

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We will get VFM when IGCs and Trustees are independent.

This blog argues that advisers have no business interfering in the IGC’s and Trustee’s analysis of VFM. Jonathan Parker: Value for money back under the spotlight I have since their formation in 2015, thought IGCs in the pocket of the … Continue reading

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Stagecoach’s Pension’s heritage simplified – in less than 2 minutes

There are parts of a weekend when you’re finding yourself wanting to hear someone talking at you. I start this blog with a five year old news item linking Stagecoach with Aberdeen and will revert to the heritage of the … Continue reading

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You will know the Stagecoach pension deal is a ‘landmark’ from the backlash

But there is already a backlash from those who want to diminish those who have engineered this deal to a cartoon. This post has been liked by the insurance lobby. Aberdeen is taking over the Stagecoach Group Pension Scheme as … Continue reading

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Will HSBC pensioners get unjust deserts?

I came across this post on Linked in. It’s from Andy Ripley, head of retail sales at HSBC for 10 years. It feels from the heart. I have not verified the numbers myself but there is an underlying concern here.from … Continue reading

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The damage that QE did to a saver who did what the Trustees and Insurer told her to

This is the story of one of my readers who has suffered such financial loss from following her trustee’s glidepath to retirement that she is making a complaint. I have been writing this week about the Bank of England’s comments … Continue reading

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How do trustee’s feel about DB surpluses- from their mouth or according to an insurer?

Pension PlayPen;  pension surpluses debated by trustees. There are two sources of information on how trustees feel about DB pension surplus’. The first is an excellent presentation and lengthy debate by trustees about how money comes out of pension schemes … Continue reading

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