Blog - Red Tape

Liquidity

Post author:Robin
Post published:28 October 2020
Post category:Misc

Urgent news (1) Small beer There is a serious complaint to be made against Heineken; they have stopped making lower-alcohol beer (around 3%), and stopped using those smaller (250ml) barrel-shaped cans,…

The longest instrument: prizes

Post author:Robin
Post published:15 October 2020
Post category:Pension

(1) Sesquipedalianisms prize The Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) (Amendment and Revocation) Regulations 2020, SI 2020/990 are now thankfully in force. The Regulations…

Tontines: great white pensions hope?

Post author:Robin
Post published:21 September 2020
Post category:Misc Pension

Urgent news (1) Cold calling by phone The ICO has fined a cold-calling pensions operation around £130,000 (ICO fines company £130,000 for unauthorised pensions cold calls, ICO Press release, 10 September 2020).…

Money, money, money

Post author:Robin
Post published:11 September 2020
Post category:Finance Pension

Urgent news (1) Recovering the money: TPR has announced that it is seeking to recover around £300,000 from Patrick McLarry who got five years jail for abstracting £250,000 from the…

Auto-enrolment is a mixed blessing

Post author:Robin
Post published:7 September 2020
Post category:Pension

Urgent news (1) Is ESG more nuanced that we thought? The DWP has just issued its consultation on its ESG rules for pension funds (See Britain’s pension schemes lead on climate risk:…

Investment strategy post Covid

Post author:Robin
Post published:28 July 2020
Post category:Finance

Urgent news (1) Covid 19: There’s been a flurry of rather obvious guidelines from TPR and others on Covid 19; one of the best however was in The Oldie, which had…

Pension trustees: over-accreditation

Post author:Robin
Post published:16 July 2020
Post category:Misc Pension

Urgent issues (1) Nominative determinism (again) is in overdrive during the lockdown. It seems too obvious to name Charles Counsell, the urbane CEO of TPR, but the parents of the newly appointed…

Pensions fraud

Post author:Robin
Post published:3 July 2020
Post category:Pension

Urgent points first (1) Nominative determinism is back. Money Marketing on 2 July 2020 published an important article entitled ‘The Morning Briefing: Pension tax pain and networks’. It was written…

Good news for the Treasury

Post author:Robin
Post published:16 June 2020
Post category:Finance

The recent convulsions across the world on various forms of discrimination have provoked some unexpected criticism of, for example, eminently liberal people like JK Rowling and Trevor Philips, so it’s…

What is it?

Post author:Robin
Post published:4 June 2020
Post category:Government

Just to mention that Keith Weed, the distinguished former Unilever CMCO, responsible for a while for its sustainability agenda and the Unilever corporate brand, from July 2020 is the incoming President…