Henry Tapper
@henrytapper.bsky.social
Pension Plowman and Glover
Pinned
Henry Tapper
@henrytapper.bsky.social
· Dec 7
More self-congratulations from rich lawyers – this time earned.
Slaughter and May acted for Aberdeen Group on an innovative “run on” transaction for the Stagecoach Group Pension Scheme Slaughters have done good things with Royal Mail to get its CDC scheme under…
henrytapper.com
More self-congratulations from rich lawyers - this time earned. henrytapper.com/2025/12/07/m... Why I cannot but love Slaughter and May for getting #CDC sorted and now helping Aberdeen and Stagecoach Group Limited, find a way to keep pensions running on.
The corridor could be your home - don't be shy - we're all in it together! henrytapper.com/2026/01/16/t... We are all in this together and the sooner we recognise it could happen to us or to our closest, the better.
The corridor could be your home – don’t be shy – we’re all in it together!
This is where last Thursday and Friday. I moved slowly down a corridor at Wexham Accident and Emergency unit and would, had after 24 hours I’d been released, have eventually found my way to a…
henrytapper.com
January 16, 2026 at 7:03 AM
The corridor could be your home - don't be shy - we're all in it together! henrytapper.com/2026/01/16/t... We are all in this together and the sooner we recognise it could happen to us or to our closest, the better.
A wake up and a shake up for advisers and trustees in their "end game" henrytapper.com/2026/01/16/a... Two amendments are going through the House of Lords, framed by @rosaltmann.bsky.social n . I am proud to have introduced but the hard work has been done by those pictured.
A wake up and a shake up for advisers and trustees in their “end game”
Two amendments are going through the House of Lords, framed by Baroness Altmann of Tottenham. I am proud to have played a part in this work but recognise the bulk of the momentum has been created b…
henrytapper.com
January 16, 2026 at 6:21 AM
A wake up and a shake up for advisers and trustees in their "end game" henrytapper.com/2026/01/16/a... Two amendments are going through the House of Lords, framed by @rosaltmann.bsky.social n . I am proud to have introduced but the hard work has been done by those pictured.
Leaseholders are not getting protection and it's not good enough. henrytapper.com/2026/01/16/l... Thanks Harry Scoffin and those you work with at Free Leaseholders.
Leaseholders are not getting protection and it’s not good enough.
Earlier this week I pointed to statistics showing that all over the country, the owners of leasehold properties are finding reselling of their leaseholds harder. Indeed many leaseholders are findin…
henrytapper.com
January 16, 2026 at 5:13 AM
Leaseholders are not getting protection and it's not good enough. henrytapper.com/2026/01/16/l... Thanks Harry Scoffin and those you work with at Free Leaseholders.
Leaseholders are not getting protection and it's not good enough. henrytapper.com/2026/01/16/l...
Leaseholders are not getting protection and it’s not good enough.
Earlier this week I pointed to statistics showing that all over the country, the owners of leasehold properties are finding reselling of their leaseholds harder. Indeed many leaseholders are findin…
henrytapper.com
January 16, 2026 at 5:12 AM
Leaseholders are not getting protection and it's not good enough. henrytapper.com/2026/01/16/l...
Black Rock's view of the world - streamed this week on the Pension PlayPen henrytapper.com/2026/01/15/b... There is no doubt that the world is fragile and this video is of a web call where the audience were very much in listening mode.
Black Rock’s view of the world – streamed this week on the Pension PlayPen
BlackRock’s take on the world is delivered here by Antony Manchester A full house as usual to hear the views of one of the world’s financial might’s. You can download the video f…
henrytapper.com
January 15, 2026 at 6:34 AM
Black Rock's view of the world - streamed this week on the Pension PlayPen henrytapper.com/2026/01/15/b... There is no doubt that the world is fragile and this video is of a web call where the audience were very much in listening mode.
"Too tired to work , too poor to retire" - a message to the Pensions Commission. henrytapper.com/2026/01/15/t... When we take the phrase “generous state pensions”, we can still distance Britain (though ours are due to rise as others fall)
“Too tired to work , too poor to retire” – a message to the Pensions Commission.
The Pensions Commission (II) is sitting and will be for the next year. It will be receiving information from a number of sources as it thinks about how to reorganise the financing of Britain’…
henrytapper.com
January 15, 2026 at 6:04 AM
"Too tired to work , too poor to retire" - a message to the Pensions Commission. henrytapper.com/2026/01/15/t... When we take the phrase “generous state pensions”, we can still distance Britain (though ours are due to rise as others fall)
Jesal Mistry leaves L&G for Apollo - what's going on in DC investment? henrytapper.com/2026/01/14/j... Get back in touch Mr Jesal Mistry! We want to know what you and Mr Jeff Sayers are up to! Britain needs an enhancement in its DC - whether collective or retail investment!
Jesal Mistry leaves L&G for Apollo – what’s going on in DC investment?
I am confused about Apollo’s intentions in investing in the UK DC Market. I am confused by L&G’s top DC investment person is finding a new home with them! Corporate Adviser make thi…
henrytapper.com
January 14, 2026 at 8:03 AM
Jesal Mistry leaves L&G for Apollo - what's going on in DC investment? henrytapper.com/2026/01/14/j... Get back in touch Mr Jesal Mistry! We want to know what you and Mr Jeff Sayers are up to! Britain needs an enhancement in its DC - whether collective or retail investment!
What are our Lords up to with "Pension Schemes" this week? henrytapper.com/2026/01/14/w... The amendments that Ros wants to discuss gestated on this blog, in our Pension PlayPen debates and in the work of the many who contribute to the gestation of good pension policy in Britain this parliament.
What are our Lords up to with “Pension Schemes” this week?
This from the “on the money” Pension Age which keeps us up to date with the Pension discussions. Peers query mandation and LGPS powers as Pension Schemes Bill enters HoL committee stage…
henrytapper.com
January 14, 2026 at 7:07 AM
What are our Lords up to with "Pension Schemes" this week? henrytapper.com/2026/01/14/w... The amendments that Ros wants to discuss gestated on this blog, in our Pension PlayPen debates and in the work of the many who contribute to the gestation of good pension policy in Britain this parliament.
Us older folk don't want the world (or even Greenland). henrytapper.com/2026/01/14/u... "A triple lock and a free bus pass are very little for older Brits to ask for in a world where one septuagenarian American is demanding he should be given Greenland".
Us older folk don’t want the world (or even Greenland).
Thanks to Jonathan Guthrie for lighting up a wet and windy January morning when the thought of a self-assessment hangs over me and I suspect many other older folk. Here is a ray of light! I am not …
henrytapper.com
January 14, 2026 at 6:59 AM
Us older folk don't want the world (or even Greenland). henrytapper.com/2026/01/14/u... "A triple lock and a free bus pass are very little for older Brits to ask for in a world where one septuagenarian American is demanding he should be given Greenland".
Why do people move or stay put? Hamptons know more than most. henrytapper.com/2026/01/13/w... In some cases, even owners who bought a decade ago still face getting back less than they paid – something that would have been almost unthinkable in the heady days of 2015. And for many, the sums are tight
Why do people move or stay put? Hamptons know more than most.
Upward house price growth in London is no longer the one-way bet it once seemed. Hamptons’ analysis of Land Registry data, which compares the price homeowners paid for their property with the…
henrytapper.com
January 13, 2026 at 4:35 PM
Why do people move or stay put? Hamptons know more than most. henrytapper.com/2026/01/13/w... In some cases, even owners who bought a decade ago still face getting back less than they paid – something that would have been almost unthinkable in the heady days of 2015. And for many, the sums are tight
We did as we were told, not as we chose; VFM for workplace pensions. henrytapper.com/2026/01/13/w... To suppose the reality of saving is going to be decided by a four-shade rating flies in the face of reality. Workplace pension saving is ruled by regulators and providers and by payroll!
We did as we were told, not as we chose; VFM for workplace pensions.
I cannot understand who a value for money assessment is for if it is not for the regulator. Who takes choices on the provider of workplace pensions if no choice needs to be made? The vast majority …
henrytapper.com
January 13, 2026 at 7:41 AM
We did as we were told, not as we chose; VFM for workplace pensions. henrytapper.com/2026/01/13/w... To suppose the reality of saving is going to be decided by a four-shade rating flies in the face of reality. Workplace pension saving is ruled by regulators and providers and by payroll!
Anthony Manchester; Global Policy as seen by BlackRock'; 10.30 today henrytapper.com/2026/01/13/a... Antony has been with BlackRock since 2017 and previous roles have included City of London Corporation, and the Foreign & Commonwealth Office.
Anthony Manchester; Global Policy as seen by BlackRock’; 10.30 today
Coffee Morning – In conversation with BlackRock’s Antony Manchester Attending CPD included You are cordially invited to join us for our next Coffee Morning event in which BlackRockR…
henrytapper.com
January 13, 2026 at 7:32 AM
Anthony Manchester; Global Policy as seen by BlackRock'; 10.30 today henrytapper.com/2026/01/13/a... Antony has been with BlackRock since 2017 and previous roles have included City of London Corporation, and the Foreign & Commonwealth Office.
The Missing Voices of pensions! henrytapper.com/2026/01/13/t... I cannot see the Pension Schemes Bill getting properly enacted without these people at the fore.
The Missing Voices of pensions!
There are two voices among trustees that provide a fascinating contrast. John Hamilton (not a professional but a chair of trustees) is calling for trustees and employers to pay more attention to t…
henrytapper.com
January 13, 2026 at 7:18 AM
The Missing Voices of pensions! henrytapper.com/2026/01/13/t... I cannot see the Pension Schemes Bill getting properly enacted without these people at the fore.
That’s the idea
TAS300 is down to actuaries- we are trying to get it out in the open air- or at least what the numbers tell us.
In fact doesn’t P5.1 of “TAS300 v3.1” REQUIRE this of actuaries, Henry?
January 12, 2026 at 8:15 PM
That’s the idea
Why we and the Dutch shouldn't confuse pensions with pension balances! henrytapper.com/2026/01/12/w... The value of people's balances has gone down recently but their pension is exactly as expected. How can this be? Quite simply explained to actuaries but hugely confusing for others
Why we and the Dutch shouldn’t confuse pensions with pension balances!
I am trying to get a grip on UK pension reform by looking at what the Dutch are making of their “WTP”. The Future Pensions Act (Dutch: Wet toekomst pensioenen, abbreviated Wtp) is an am…
henrytapper.com
January 12, 2026 at 7:04 AM
Why we and the Dutch shouldn't confuse pensions with pension balances! henrytapper.com/2026/01/12/w... The value of people's balances has gone down recently but their pension is exactly as expected. How can this be? Quite simply explained to actuaries but hugely confusing for others
Why we and the Dutch shouldn't confuse pensions with pension balances! henrytapper.com/2026/01/12/w... The value of people's balances has gone down recently but their pension is exactly as expected. How can this be? Quite simply explained to actuaries but hugely confusing for others
Why we and the Dutch shouldn’t confuse pensions with pension balances!
I am trying to get a grip on UK pension reform by looking at what the Dutch are making of their “WTP”. The Future Pensions Act (Dutch: Wet toekomst pensioenen, abbreviated Wtp) is an am…
henrytapper.com
January 12, 2026 at 7:02 AM
Why we and the Dutch shouldn't confuse pensions with pension balances! henrytapper.com/2026/01/12/w... The value of people's balances has gone down recently but their pension is exactly as expected. How can this be? Quite simply explained to actuaries but hugely confusing for others
The American view of Dutch Pensions - tickled! henrytapper.com/2026/01/12/t... "Today’s financial Goldilocks moment—with strong equity returns and robust fixed income yields—creates favorable conditions for the Netherlands to complete its long-planned switch to ‘collective defined contribution". RIJ
The American view of Dutch Pensions – tickled!
January 2026 , Collective defined Contribution CDC, International Today’s financial Goldilocks moment—with strong equity returns and robust fixed income yields—creates favorable conditions for the …
henrytapper.com
January 12, 2026 at 6:03 AM
The American view of Dutch Pensions - tickled! henrytapper.com/2026/01/12/t... "Today’s financial Goldilocks moment—with strong equity returns and robust fixed income yields—creates favorable conditions for the Netherlands to complete its long-planned switch to ‘collective defined contribution". RIJ
My home is no longer my pension - London estate agents tell me! henrytapper.com/2026/01/12/m... My property will not be my pension and never should have been thought of being. Pensions are the sensible way forward, boring as their progression may seem.
My home is no longer my pension – London estate agents tell me!
It is a recurring theme that plays in my head from my days selling pensions to my peers back in the 1980s and 1990s (when it was my job). “My house is my pension” Those of us. many of u…
henrytapper.com
January 12, 2026 at 5:49 AM
My home is no longer my pension - London estate agents tell me! henrytapper.com/2026/01/12/m... My property will not be my pension and never should have been thought of being. Pensions are the sensible way forward, boring as their progression may seem.
Why it's easier for bankers to do private credit - but is it better for the rest of us? henrytapper.com/2026/01/11/w... "Should we be concerned about the fact that a lot of money is going from banks into what we call private credit?"...
Why it’s easier for bankers to do private credit – but is it better for the rest of us?
Doubt has been shed on the objectivity of the discussions in the House of Lords. They’ve been carried on by former partners of City Solicitors. My correspondents Tim Simpson and Byron McKeeb…
henrytapper.com
January 11, 2026 at 5:26 PM
Why it's easier for bankers to do private credit - but is it better for the rest of us? henrytapper.com/2026/01/11/w... "Should we be concerned about the fact that a lot of money is going from banks into what we call private credit?"...
TAS300 is down to actuaries- we are trying to get it out in the open air- or at least what the numbers tell us.
In fact doesn’t P5.1 of “TAS300 v3.1” REQUIRE this of actuaries, Henry?
media.frc.org.uk
January 11, 2026 at 3:51 PM
TAS300 is down to actuaries- we are trying to get it out in the open air- or at least what the numbers tell us.
Occupational Pension Schemes (from an Employer’s perspective). henrytapper.com/2026/01/11/o... It is important that advisors should fully explore all options with employers, whether or not the employer has already commenced a strategy designed to achieve an eventual buy-out.
Occupational Pension Schemes (from an Employer’s perspective).
This article is from Peter Cameron-Brown, a trustee of an active defined benefit pension scheme. It’s audience is primarily experts though it is sufficiently well written to be understood by …
henrytapper.com
January 11, 2026 at 3:15 PM
Occupational Pension Schemes (from an Employer’s perspective). henrytapper.com/2026/01/11/o... It is important that advisors should fully explore all options with employers, whether or not the employer has already commenced a strategy designed to achieve an eventual buy-out.
Pensions have a lot on ; no commercial dashboards for a good while please! henrytapper.com/2026/01/11/p... We need to prioritise the legislation that is going through parliament right now. This means turning down the heat on commercial pension dashboards.
Pensions have a lot on ; no commercial dashboards for a good while please!
The idea of having more than one pension dashboard – indeed dashboards for commercial purposes, has been mooted since the outset of the project but has never seemed further away. We ha…
henrytapper.com
January 11, 2026 at 10:09 AM
Pensions have a lot on ; no commercial dashboards for a good while please! henrytapper.com/2026/01/11/p... We need to prioritise the legislation that is going through parliament right now. This means turning down the heat on commercial pension dashboards.
Transparency front and centre- the Government statement on VFM henrytapper.com/2026/01/11/t... Pension schemes must now publish transparent data on their performance, costs, and service quality, according to new proposals from the FCA, DWP, and TPR.
Transparency front and centre- the Government statement on VFM
I’m publishing this statement on this blog to remind us all that “transparency” is the key word. It is the word that fired many of our careers ;it is the word that incited AgeWage…
henrytapper.com
January 11, 2026 at 7:54 AM
Transparency front and centre- the Government statement on VFM henrytapper.com/2026/01/11/t... Pension schemes must now publish transparent data on their performance, costs, and service quality, according to new proposals from the FCA, DWP, and TPR.
Torsten Bell speaks in the VFM debate for the consumer. henrytapper.com/2026/01/11/t... For VFM to be effective it must do, as Torsten Bell asks, and show consumers how they are doing ; there will be very real alternatives by way of pensions coming into play by 2028.
Torsten Bell speaks in the VFM debate for the consumer.
What practically will the work on Value for Money mean to providers , employers and ultimately savers into our DC plans. We have this statement from the FCA We plan to offer roundtables and stakeho…
henrytapper.com
January 11, 2026 at 7:15 AM
Torsten Bell speaks in the VFM debate for the consumer. henrytapper.com/2026/01/11/t... For VFM to be effective it must do, as Torsten Bell asks, and show consumers how they are doing ; there will be very real alternatives by way of pensions coming into play by 2028.