From medieval pensions awarded for service to the King to today’s global trillion-pound investment vehicles, pensions have transformed from gestures of royal generosity into a cornerstone of modern welfare. Throughout history, they’ve...
The rumour mill is hotting up ahead of the Autumn Budget with a lot of concern around what could happen with pensions, especially around tax free cash. But there are also...
ESG is dead – for the US federal government, at least. Last month’s incendiary speech to the OECD by President Trump’s employee benefits chief shows just how serious the US government is...
One of the most consistent themes in institutional investment is the search for efficiency. Pension schemes and other long-term investors want access to high-quality investment strategies at low fees, without leakage through...
I recently described the role of a trustee as a retirement guardian angel, and that is an incredibly privileged position. It is also an incredibly difficult one. Most of the time, members...
As uncertainty characterises today’s market backdrop, investment portfolios are navigating a new normal. Structural shifts such as rising government debt, ageing populations and sustained higher interest rates, to name but a few,...
Whenever I start writing about what the industry calls ‘the advice/guidance boundary’, I remind myself of when I was editor of Moneywise magazine back in 2015. A reader, Mark, took us up...
Budget anticipation is building, with rumours about changes to the 25 per cent tax-free lump sum available to most savers when accessing their pension. Royal London has already started to see a...
For professionals in the financial services sector, the boundary between work and personal life is becoming increasingly porous. The recent media storm around a seemingly innocuous cuddle at a Coldplay concert...
After nearly 40 years in the pensions industry, Rona Train is retiring from her role as a partner and head of DC trustee consulting at Hymans Robertson. During this period she says...
