Iain Clacher
A history and the rationale for DB schemes - part three: TPR and its Foucauldian disciplinary powers
In the third feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring how the arrival of TPR impacted scheme funding
A history and the rationale for DB schemes - part two: Maxwell and his impact on scheme funding
In the second feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring how the Maxwell scandal impacted scheme funding regulations.
A history and the rationale for DB schemes: Where they came from
In the first feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring why the schemes were set up, how they have changed, and the case for their creation.
Ineffective regulation breeds inequitable outcomes
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
Blockchain a 'natural solution' to overcome CDC challenges
Blockchain is a "natural solution" to many of the challenges a collective defined contribution (CDC) structure poses for pension governance and administration.
Being 'economical' with the truth with discount rates
Iain Clacher and Con Keating say there is much confusion over pension valuations and argue all the methods currently used are wrong. They say a pragmatic resolution could be to use the expected return on assets
FCA confirms membership of cost disclosure working group
The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.
What trustees look for in fund managers and consultants
The most important characteristics in advisers differ by scheme size, but the approach to investment is not overly dissimilar, James Phillips writes
Five stories you may have missed this week
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
Conservative manifesto gets stamp of approval
The industry believes the Conservative proposals for pensions are the best approach, with some stating the commitment to ditch the triple lock is a 'bold but correct' move.
Investigate 'arrogant and abusive' TPR and privatise PPF, says paper
The Pensions Regulator (TPR) should be investigated by a Royal Commission, according to a response to the government's green paper on defined benefit (DB) schemes.
Trustees lack understanding of implicit costs
Research suggests trustees have a good understanding of basic charges but are less certain on other costs. Michael Klimes looks at the findings
DB trustees have high financial literacy but lean towards groupthink
Almost all defined benefit (DB) trustees show excellent understanding of financial concepts, but most boards lack diversity.
