Featured Face: Paul Stanbridge

At PTL we pride ourselves on being personable. Meet Paul Stanbridge.

Paul has compiled this PTL Factsheet “How to Manage your Advisors” – to download the Factsheet click here.

Paul StanbridgeWhat was your favourite subject at school? Worst?

History my favourite. Art and Biology joint worst.

Do you have a nickname?

‘Stan’ at school not very original and ‘Pablo’ when I started work because I tanned easily.

If you had to be classified as a member of a “generation” which would it be?

The ‘skinheads’ I suppose but I did not have the courage to have a number one crop.

What was the first record that you bought?

“She Loves You” by The Beatles.

What was the last concert you went to?

I never liked concerts, preferred the cinema and sporting events.

What did you want to be when you were at school?

A sports writer.

What was your first job?

Holiday job working for a wine merchant.

How did you start in the pensions profession?

I took a temporary contract for six weeks at Friends Provident. They asked me to stay and I have worked in the pensions industry ever since.

What is your favourite book and film?

Book -anything by Ian Rankin or Lee Childs. Favourite film “Where Eagles Dare”.

Do you support a sporting team?

Best not to say. Either the most loved or hated team in England depending on your point of view. One cannot dispute that they most successful team in premiership history managed by a gum chewing Scot! I started supporting them following the Munich air crash so that dates me.

What three adjectives would your colleagues use to describe you?

Unwise to speculate as the truth maybe not what you wish for!

What aspect of pensions legislation or provision would you change if you could?

There would be many, but compulsory entry to a decent scheme would be top of my list. Nest is watered down shambles!

Who is the most irritating person in the industry or public eye?

Most Pensions Ministers, they spend five minutes in the job and preach as though they are experts.

Who is the most influential person in the pensions industry?

I think the person who has made the best contribution over several decades is Frank Field. I do not think any of the current politicians take pensions seriously. It has too often been a political football when all party consensus is required to make the right very long term decisions.

Should saving into a pension be compulsory?

Absolutely, but the levels saved must be significant to deliver a worthwhile pension. It means reducing current consumption but it is a price worth paying in the long run.

Pension or ISA?

Both have their place in a savings portfolio, but an ISA is not a reliable long term savings vehicle because access to the money means the risk of early consumption is too great.

What is your worst habit?

Washing-up.

When was the last time you lost your temper?

The last time I watched my team on TV.

What was the last “bargain” you got?

A free upgrade in the hotel we stayed at for our last holiday.

What is your favourite meal and drink?

Fillet steak in a pepper sauce with potatoes Lyonnais, eaten with a glass of Spanish Rioja.

What is the biggest bet you ever placed and did you win?

£500 purchasing shares in an African mining company. I lost it all but took the bet on the basis that I could afford to lose the money.

Who would be your ideal dinner guest?

David Attenborough or the Queen –people who have led long and interesting lives.

What was the last country you visited?

Portugal.

How do you plan to spend your retirement years?

Not sure I want to totally retire from work, but travelling, watching sport, playing golf being with my family would keep me happy.

Congratulations, you’ve won the lottery. What next?

Much depends on how big a win. The challenges on spending a £100 million Euro lottery would be considerable –but I think I could cope.

Paul Stanbridge has a wide experience gained from working in the pensions industry since the 1970’s.  He has held senior managerial posts with insurance companies in administration, marketing and systems functions. He enjoys problem solving and delivering a professional, timely and friendly service to our clients.

To contact Paul email pstanbridge@ptluk.com

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