-
-
Tags
Month
Post Types
Categories
Tag Archives: workplace Pensions
We need our banks to step up and help out.
This is hard to explain, which is why the article is in the FT and not in other papers. The people who read the FT understand how the Bank of England sets interest rates and can work out that right … Continue reading
The pot consolidation lottery
Let’s not pretend otherwise, the consolidation process is a lottery. I know that People’s Pension will consolidate to the best priced of multiple pots with them – @JoeDabrowski1 do you know what other MTs do? — Steve Webb (@stevewebb1) … Continue reading
How Standard Life’s Master Trust could be a world beater.
Over this Easter weekend, Helen Dean, former CEO of Nest and one of the architects of auto-enrolment, will take over as Chair of Standard Life’s Master Trust. Big challenge 1.0 She can look back at this statement, made when she … Continue reading
Posted in pensions
Tagged Cushon, L&G, NEST, Pensions, Smart, Standard Life, workplace Pensions
Leave a comment
The high price we are paying for pension fraud
This blog is about a discussion in parliament about cleaning up a legacy of pension scams and a discussion in the popular press about how legislation designed to stop those scams is leading to popular discontent. This morning, we continue … Continue reading
Posted in pensions
Tagged FCA, Financial services, pension, pension playpen, Pensions, Retirement, TPR, workplace Pensions
Leave a comment
Will Hunt’s pension bombshell catch you with your pants down?
It’s a proper old fashioned scoop for the Treasury. While the pension minister and the DWP are having cosy round tables with the PLSA in Edinburgh, Jeremy Hunt’s getting the press-packs ready for a full scale onslaught on bad practice … Continue reading
Regulator demands a secondary market for workplace pensions
Delfas says she wants to hear from consolidators so that regulations do not become an obstacle to innovation. #plsaannual23 pic.twitter.com/9QHXswGVoZ — Henry Tapper (@henryhtapper) October 19, 2023 Speaking to the PLSA Conference on Thursday, Nausicaa Delfas CEO of the Pensions … Continue reading
Why IGC reports are more relevant than ever this year.
History Since Independent Governance Committees (IGCs) started in 2016, I have been reading their Annual Reports and commenting on thiem. I look at how effective they have been , the credibility of their assessment of value for money and I … Continue reading
For better pensions we need better buyers.
Let’s be clear what this headline is saying and what it’s not saying. What it is saying. The headline, based on research by Chris Sier and Clearglass, tells us that UK pension funds are over-paying for investment management. That’s because … Continue reading
Posted in pensions
Tagged chris sier, Clearglass, Pensions, Transparency, workplace Pensions
Leave a comment
SJP shows vulnerability from an undiversified revenue model
This is enormous news. An exceptional hit of £860m directly attributable to #consumerduty That’s a very large sacrificial offering to the regulatory gods. Every single large FS firm will be looking at this & understand very clearly how seriously this … Continue reading
Posted in pensions
Tagged atrophy, Fees, Pensions, SJP, vulnerability, workplace Pensions
Leave a comment
Evolve dissolved;- the unions walk out on workplace pensions
The eventual purchase of Evolve by Smart last week marks the end of commercial involvement in master trusts by trade unions. Evolve (the funder of BlueSky and Crystal master trusts) was owned by Unite and Select (the Scottish Joint … Continue reading