Tag Archives: trustees
The pervasive progress of “fiduciary management” into DC schemes.
Why Fiduciary Management is important to DC schemes This blog is part 2 of my thoughts on Barnett Waddingham’s excellent review of investment performance in fiduciary management in 2022. Though this paper does not talk of DC schemes, it … Continue reading
Posted in pensions
Tagged DC trustees, Fiduciary Management, Pensions, pervasive, trustees
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The drive to consolidate DC pension schemes is no bad thing.
The idea that “big is better” is not a universal truth, in the 1970s thinkers such as EF Schumacher said “small is beautiful” an idea that is still popular for millions of us who till allotments or run businesses out … Continue reading
Posted in pensions
Tagged consolidation, DB, dc, MNTs, Pensions, small schemes, trustees, unions
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Trustees should deal with complaints on DB transfers
I can understand people feeling they have “missed the boat” in not taking a DB transfer.They shouldn’t as they haven’t and if trustees were more on the ball they would be writing to anyone who had inquired after a CETV … Continue reading
Parliament’s six challenges to LDI
Things are not going to be the same for fiduciaries, advisers or managers of DB pension schemes. That was the big message coming out of the lengthy evidence session conducted by the Work and Pension Committee on December 14th. … Continue reading
Should DC trustees be worried by the gilt-crash?
Reading Jonathan Stapleton’s measured reporting on the funds used by DC investors in the “pre-retirement phase” I was drawn to some research from Professional Pensions The scale of the issue Well-diversified master trust default funds tended to fare better than … Continue reading
USS disclosure- in need of a “deus ex machina”.
Reading the latest acrimonious exchanges between the University Employers and the staff union UCU is a depressing business. UUK, who say they are taking their lead from the USS pension scheme stand accused of underestimating the scale of the … Continue reading
Who picks up the cost of consolidating member pots?
The key to answering the question is to establish the value chain; to my mind there are two immediate winners from transferring a member’s pot. The ceding employer (the scheme the member is leaving) The receiving scheme (the scheme the … Continue reading
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
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
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
Posted in ESG
Tagged Asset Managers, implementation statements, Reporting, TCFD, trustees
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