PTL Blog

"You're Fired"

Posted by Richard Butcher on Apr 4, 2018 10:35:43 AM

First published in Pension Funds Online, 29 March 2018

Alan Sugar has it easy. 

He takes on a dozen, keen, unnaturally good looking, usually young and ambitious individuals, he sets them challenges and he watches them perform. Then, one by one, he fires them. The last one standing becomes his apprentice. It’s a simple, low cost, low risk process.

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Topics: investment management, db funding, asset manager, independent pension trustee

Are your pension scheme's contingent assets a "turkey"?

Posted by Keith Lewis on Jan 25, 2017 3:13:09 PM

In 2016 the Bernard Matthews pension scheme started heading towards the PPF. This followed a corporate takeover that excluded the pension scheme. Whilst the Bernard Matthews scheme had a charge over company assets, any asset recovery for the pension scheme is now expected to be minimal.

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Topics: investment, Contingent assets, asset manager

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