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

What is the point (of tax-relief)?


  A tired (and possibly emotional) actuary sends me a late night mail which starts.. What is the tax relief deal?  Govt in effect borrows money over 40 years on average to invest in whatever DC investors invest in and … Continue reading

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Let the canny worm lie?


The problem with cans of worms is that the cans degrade and in the end the worms get out, and cause a stink. Over the weekend, the Telegraph that acts as a professional “worm can opener” has been turning its … Continue reading

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Osborne needs a killer rabbit!


There are two ways to get money into a private pension you can pay the money in yourself as a deduction from pay you can have money paid on your behalf by your employer. Of the two, by far the … Continue reading

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50 shades of “Workie”.


Are all Workplace Pensions the same? Can we distinguish one “Workie” from another? Are all Workies equal – or are some Workies more equal than another? For those not familiar with the adverts- Workie is a Technicolor creature, designed by … Continue reading

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Essex earthquake and hurricane appeal


A major hurricane (Hurricane Shazza) and earthquake measuring 5.8 on the Richter Scale hit Essex in the early hours of Saturday with its epicentre in Basildon . Victims were seen wandering around aimlessly, muttering “Faaackinell”. The hurricane decimated the area causing … Continue reading

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Choosing our “Workie”- how hard can we make it?


This week and for weeks to come , I am out and about talking with the payroll partners of large accountancy practices who feel they have no choice but to help their employer clients through auto-enrolment. I’m doing this work … Continue reading

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Prepare for a world without pension tax-relief


  The concept of “flat rate tax relief” for pensions is now accepted. There is a consensus behind it. Even the ABI, who until recently were predicting plagues of locusts if higher rate relief were abolished, appear to have got … Continue reading

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Independence – a “flag of convenience”?


For many years, the financial services industry has held out “independent financial advice” as a brand of best practice. This logo has been touted a kite-mark. It saddens me to say it, but the IFA badge appears to the public … Continue reading

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Being British


I was driving along the M4 yesterday when i heard an explosion from the back of the car. A tyre had burst and my car wobbled nervously from the fast lane towards the hard shoulder. To my relief, a signpost to … Continue reading

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#WASPI and “the woman’s place”


Today is WASPI day,when the women petitioning parliament (now well over 130,000) get their voices heard. I was asked last night whether or not the petition misleads (thanks Cathe) and yes I think WASPI is weakened by confusion within its … Continue reading

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