Rogier wants to discuss how risk sharing worked in the current CDC system for the occupational funds, and how it is being reformed to a new scheme which combines elements of DC and DB.

What have the Dutch ever done for us…? CDC with Rogier I'm really pleased Arun Muralidhar recommended Rogier , he's going to be speaking with us on Tuesday. Steve has rather lamely called the session  What have the Dutch ever done for us...a CDC journey!?   Tuesday 18th November 2025 at 10:30am…

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.

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 her case  a complaint. I have been writing this week about the…

Most women born in the 1940s or 1950s, however, would still have been less likely to have a comparable amount of contributions based pensions built up, so adding an extra five years to their pension age would still leave them with a smaller pension than many men.

Part two for pensions; it’s the spending bit and it could return us to the kind of optimism that Blair/Brown gave us and to the “best endeavours” pensions that came before the clampdown.

Congratulations to everyone who has won anything this week henrytapper.com/2025/11/14/c... There – do I get a commendation for promoting promotion?

Congratulations to everyone who has won anything this week It is obviously award winning season... Or should I be paying attention to this? I don't doubt the capacity of the pensions (or should I say financial products) society to throw parties. Not only are the parties extremely motivating for…

London Calling! After all this, won’t you give me a smile? It is hard to work out what is happening in the lead-up to the budget on November 26th and this is what a Government needs to do to properly understand what measures will have a positive impact on Britain. It may also be an attempt by the…

Why WASPI women have been treated with ill-communicated decency… A blog by Men did not widely challenge the difference in state pension ages (when it was 60 for women, 65 for men) because the disparity was said to be a historical norm and, for a long time, was (mistakenly?) considered an advantage…

Greenland has joined our worldwide reader hood! henrytapper.com/2025/11/13/g... Oh the internet is a sweet thing!

Greenland has joined our worldwide readerhood! The big news this year is the arrival of Greenland. Only one reader who read in November, but it turned this great land green! We still have parts of central Africa who have not heard the words of the Pension Plowman and his merry mates, but we live…

The NHS has made me very happy! Look carefully and you can see happy birthday behind my head (photo care of my nurse).

The NHS has made me very happy! This is me in bed 19 of the short term ward at UCH's Westmoreland hospital. It's where I will start and end this blog of thanks for a wonderful operation and birthday Look carefully and you can see happy birthday behind my head (photo care of my nurse). This is the…

The detrimental effect of QE on pension funds was amplified by a regulatory environment put in place in a non QE environment which continued to be applied when QE was in place

I'm 2 years a pensioner in France, 3 years off in UK - guaranteed 5- 20 years under LCP henrytapper.com/2025/11/13/i... Here are Stuart and Steve’s suggestions, they do not suppose we will pay less in future years, just more in a rather more focussed way.

A dozen or a baker's dozen for arguments for and against WASPI (pt. 94) henrytapper.com/2025/11/13/a... Overall, I can’t agree with the Government wasting more time on WASPI. I agree with @TomMcPhail

A proper analysis of the disaster of QE on our pensions. – Pensions Oldie Yesterday, amid the early morning groan of a hospital ward , I penned a blog on the negative impact of QE and QT on Britain (though I touched on DB pension schemes and DC savers on a "glidepath", it was inadequate and I am…

I’m 2 years a pensioner in France, 3 years off in UK – guaranteed 5- 20 years under LCP I'm 64 and three years from pension in Great Britain - and Webb warns that I'm getting Britain into trouble While Ian Johnston reports of pushback on a rise to a state pension age of 64 in France, Laura warns…

A dozen or a baker’s dozen for arguments for and against WASPI (pt. 94) Well I see no point either... Tom's arguments are laid out in the Times and are straightforward. I mark agreement green "agree", orange "maybe" and "red" , I don't agree. Overall, I can't agree with the Government wasting more…

Harry Scoffin on the sorry fate of leaseholders and what commonplace could do to help! (video) Ace!

Harry Scoffin on the sorry fate of leaseholders and commonplace could do to help! (video) Harry was simply superb and though I had only the first half available , my trip to the theatre turned out a success. Harry's theatrical performance made mine insignificant/ Here he is I hope that Tom McPhail…

Now we are having to reflate the economy with the money we have saved in DC and the much diminished capacity of DB plans to buy growth stocks as they try to run on. Rt Hon Rachel Reeves MP Bank of England #pensions

Tim Miller (an American poet sent me this poem that he reads at the bottom. I have a pleasure in reading good poetry for the sake of the writing but this is particularly valuable as I am reading it in recovery from an operation.

Tim Miller (an American poet sent me this poem that he reads at the bottom. I have a pleasure in reading good poetry for the sake of the writing but this is particularly valuable as I am reading it in recovery from an operation.

It looks like Tom McPhail saw off the the threat to cash and Claer Barrett may scare off the Treasury on salary sacrifice. But there will be another issue for pensions if neither of these are put into place

Claer Bartlett lets rip over another threat to pensions Readers of this blog will know that the Government are floating the idea of freezing salary sacrifice at £2000 to save the tax-payer $2bn. Put like that it sounds a little odd that the FT thinks salary sacrifice is propping up private…

Dylan Klebold’s Crush – a poem and a video by Tim Miller Tim Miller (an American poet sent me this poem that he reads at the bottom. I have a pleasure in reading good poetry for the sake of the writing but this is particularly valuable as I am reading it in recovery from an operation. Today’s poem…

QE destroyed pensions , QT our capacity to afford them – thanks Bailey/BOE Are we really to think QE and AT have done this country any good This is a blog for a friend on the cost of QE to Britain, a cost being justified by the BOE by a speech this week that he doesn't buy , I don't buy and…

Some things don’t change – the NHS is always there to help you out.

@darren-philp.bsky.social has had general support from those I respect . I know he means well but he sounds “woke” to me (in the wrong sense of the word). At the risk of sounding Trumpian, pipe down man!

If we do not rid this country of ground rent abuse, we will continue to have a problem for leaseholders, especially those trying to get or sell their own flat @HarryScoffin @PensionPlaypen1

When I’m 64… I’m playing healthcare bingo! I received early this morning this audit from the NHS on a  healthcare bingo board. Over the past five years I've nearly died from a number of things and I'm delighted that "My Chart is Epic", allows me to "remove" them if I so choose. I think my complete…

Has “fiduciary” been captured by the “pension woke”? I recently published a letter by 250 CEOs of companies asking that investment into UK companies come from pension funds, I didn't realise this had been organised by the London Stock Exchange but now I can state that it does and I am writing this…

The “S” in pension ESG is “commonplace” today with Harry Scoffin Harry Scoffin is on this morning. You can join him with other progressive pension folk on this link. Check out the blogs I've been doing on Harry's campaign at the bottom of this advert for an event happening at 10.30 am today. If we…

Utmost is owned by US private equity operating a slow boat to Bermuda. Utmost Group is owned by its founders, Paul Thompson and Ian Maidens, and by funds managed by the investment manager Oaktree Capital Holdings. Oaktree Capital is a subsidiary of Brookfield Asset Management.  Brookfield…

"Evergreen" Private Equity is not what it sounds - say ILPA to FT henrytapper.com/2025/11/10/e... The number of deals needed to deploy wealthy individuals’ cash could pull managers’ attention away from investing the capital of pension plans and endowments

“Evergreen” Private Equity is not what it sounds – say ILPA to FT Private equity investor body sounds alarm ‌ ‌ An influential group representing some of the private equity industry’s largest backers has sounded the alarm about the risks to institutional investors from a rush of retail money into…

I’ve been lucky to keep going and have the things I cherish most. I will drink a glass of non-alcoholic stuff to my readers, clients and friends as we move forwards!

There is a kind of cockiness from Arun Muralidhar that I like, it get’s things done and boy do the 45% of adults who aren’t doing anything to supplement their state pension in the UK need what he is selling. PensionBee UK Clare Reilly But he is wrong on #CDC Royal Mail

@10.30 Tuesday to hear Harry Scoffin . Over the weekend this become even more topical. It's revealed that Lloyds has become one of the five biggest landlords in Britain.

Lloyds; now one of Britain’s top 5 landlords, should come @10.30 Tuesday to hear Harry Scoffin Below is an invitation to what has over the weekend become even more topical. It's revealed that Lloyds bank has stealthily become one of the five biggest landlords in Britain. According to a…

All together now! Why the Americans need to learn the British way of pensions. I don't know how to phrase this but....perhaps the Royal Mail's advert to its staff does. Thanks to those at Royal Mail that blazed a trail so that we can have CDC not just for one company but for thousands. So why the…

Into my 65th year a very lucky boy! May we deliver pensions for my generation and the next The week beginning 10th November will be an odd one for me. Work Today and every day I will be thinking about the fabulous things that are happening in UK pensions. My desk is full of numbers and thoughts on…

250 British bosses ask that the pension drawbridge be dropped and capital released. We cannot allow for the drawbridge to be pulled up to the isolation of our generation and the loss to generations that follow

250 British bosses ask that the pension drawbridge be dropped and capital released I am not quite sure I came into possession of the letter sent by more than 250 business leaders urging the Chancellor to make it easier for them to be capitalised by pensions. But here it is , complete with a list…

£2bn pension tax-but? Broad shoulders shudder! I reported yesterday on FT's concerns on leaks from the Treasury that they might take salary sacrifice down, or at least dismantle it to a point that it no longer became a tax-break for the wealthy. You can read what I wrote here. This morning it is…

Retail collective pensions? I fear an opt-out in retirement for CDC. It is early on a Sunday morning and I have been working on a response to the DWP's consultancy questions on Retirement CDC. It's the third part of a project that started with single employer CDC and looks like being legislative…

Ground Rents don’t seem to be doing much good for pensions either. Let's start by looking at the problem with ground rents from the perspective of someone on or getting on the housing ladder. Ground rents are toxic. They’re stopping people getting mortgages. They’re stopping sales. The market is…

"Analysis of the real risks and values of life expectancy is needed" - HR and finance teams of corporates should take up the opportunity. Here is a break point where intergenerational unfairness is on the agenda and there is an action plan. @WilliamMcGrath