Author Archives: henry tapper

About henry tapper

Founder of the Pension PlayPen, Director of First Actuarial, partner of Stella, father of Olly and the Pension Plowman

People seeking safety at any price?


  I was annoyed to listen to one of the Bank of England’s Chief Economists Andy Haldane tell the BBC’s Robert Peston that people were seeking safety at any price. Passing the buck on to the “cautious consumer” may play … Continue reading

Posted in actuaries, advice gap, Bankers, Mark Carney, pensions, Politics, Retirement, reward | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Labour’s drawdown cap – right idea- wrong execution


Labour is calling for a cap on drawdown charges from April 2015. It is easy to see why. Currently there is a false market for drawdown with many customers paying as much as 4% pa for the management of their … Continue reading

Posted in drawdown, DWP, pensions, Retirement | Tagged , , , , , , , , , , , , , , | 3 Comments

50 minutes with Pharrell beats 50 years of the Who!


  The Who have been playing as long as I’ve been around but I’ve never seen them live. Frankly I don’t get any of their stuff since 1967 when they morphed into the Woodstock friendly stadium band that we know today. … Continue reading

Posted in pensions | 1 Comment

Rory throws a shape- the Road to Dubai ends here!


  Bored with the sound of the Dubai ocean beach club we took a taxi to the golf – this is what we found. Our highlight? Standing next to Shane Lowry when he got his hole in one at the 13th. … Continue reading

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What we think about the Pension Regulator’s Proposal to publish a workplace pension Directory


Pension PlayPen’s response to the Pension Regulator’s Consultation Document Helping small and micro employers identify a pension scheme for automatic enrolment Why Pension Play Pen is engaging with the Pensions Regulator The Pension PlayPen runs http://www.pensionplaypen.com for employers and their … Continue reading

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The Strop Suite – OMG!


We flew overnight to Dubai, missing the GB Entrepreneur Awards, for which Pension Play Pen had been shortlisted. “Dubai is a shit-hole (I want to go home)” Well that’s what I was singing on the bus as we moved from … Continue reading

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The true cost of pensions; UK vs Netherlands – guest blog from Emma Craig of KAS Bank


  Yesterday the Financial Services Consumer Panel released a paper outlining key issues for long term savers created by opacity in the true cost of investing in pensions. As auto-enrolment of workers into (predominantly) Defined Contribution pensions continues apace the … Continue reading

Posted in CDC, drawdown, DWP, Financial Conduct Authority, Financial Education, First Actuarial, pension playpen | Tagged , , , , , , , , | Leave a comment

A miserable device; – guest blog from Ralph Frank


Members who cease paying into defined contribution pension arrangements often pay higher management charges than their colleagues who continue to add to their savings. This two-tier charging approach is euphemistically referred to as the ‘Active Member Discount’ (“AMD”). I guess … Continue reading

Posted in advice gap, steve webb, workplace pensions | Tagged , , , , , , , , , , , , , , | Leave a comment

Disclosing costs – we are almost there!


The Financial Services Consumer Panel have issued a damning condemnation on the £5tr British Funds Industry for failing to tell people what they are paying for and how much they are paying when they invest their money in British Funds. … Continue reading

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So what’s the point of the DC trustee?


  It’s the first rule of trusteeship- if you can’t measure it – don’t trust it. It’s the right of anyone who has their own pension pot to know how much they are paying for the management of their money. … Continue reading

Posted in dc pensions, pensions, Treasury, workplace pensions | Tagged , , , , , , , , , , , , , , , | 1 Comment