DC Scheme Governance – trustee based or contract based. – NAPF Meeting
Presentation given at NAPF meeting in London to discuss pension scheme governance for defined contribution pension funds, considering trustee based, versus contract based models.
FT personal view on failure of Stakeholder policy initiatives
Limerick published in Financial Adviser highlighting FAS double standards on refusing to acknowledge any wrongdoing in calling final salary pensions ‘guarantee’ with no risk warnings, when in truth these pensions were not guaranteed at all and tens of thousands of people have lost their entire pensions!
Response to Pension Commission First Report
Ros’s response to Pensions Commission initial report outlining need for radical reform of state pension and re-thinking retirement.
Press Release welcoming NAPF support for improved FAS
Press release welcoming NAPF’s open letter to the Secretary of State for Work and Pensions, supporting Ros’s calculations of inadequacy of the Financial Assistance Scheme and fears for the future of the Pension Protection Fund.
Pensions ARE in Crisis' – ASIM Meeting
Powerpoint presentation for ASIM at the ASIM Winter General Meeting in London, outlining why the UK pension system is in crisis and what might be done to improve the situation.
Why winding-up schemes should not buy bulk annuities
Note prepared for DWP explaining why assets of occupational schemes in wind-up should not be used to buy annuities, but should be pooled, as will be the case for the PPF, to minimise costs of assistance and maximise potential pensions for victims.
Closing the Savings Gap – CSFS Conference
Presentation at Centre For Future Studies Conference in London on closing the savings gap, outlining how Government and the financial services industry can work together to encourage more savings.
The Role of Government in Pensions – SOFA conference
Presentation given to Society of Financial Advisers Annual Conference on the role of Government in Pensions and future for pensions policy.
Letter commenting on pension burdens faced by UK employers
Letter published in Employee Benefits Magazine explaining why employers have been asked to shoulder too much of the pensions burden and that the ‘standard’ two-thirds final salary pension has become unaffordable for most people.
FT letter on US pension reform proposals
Letter published in Financial Times pointing out parallels between Bush pension reform proposals and UK pension policies over the past 20 years which have contributed to our pensions crisis.