The longest instrument: prizes

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(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…

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Tontines: great white pensions hope?

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).…

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Money, money, money

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…

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Auto-enrolment is a mixed blessing

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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:…

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Pension trustees: over-accreditation

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…

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Pensions fraud

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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…

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Regulator fines regulator

Schadenfreude has a bad name; it is not usually gracious to delight in another's misfortune. But a broadcast on BBC Radio 4 (Something understood, 26 January 2020) on the topic suggests…

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Betting on Chappell

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You can rarely beat the house when betting, and there may not be many takers, but if there was ever a sure thing (and very low odds) it is that…

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