Category Archives: advice gap

“10 years too early, 10 years too late” – CDC stands on on an empty platform


Nearly eight years ago, the Government Actuary ‘s Department produced  a paper that effectively killed CDC. It argued that CDC could not be relied upon to deliver benefits with the same certainty as our DB system and that there was no … Continue reading

Posted in advice gap, CDC, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , , , , | Leave a comment

Preparing for an auto-enrolment capacity crunch.


The Telegraph is running a story suggesting that the DWP are drawing up a plan B for auto-enrolment that could see the timeline for initial staging stretch to the next decade. Nannies, gardeners and staff at small firms may not get … Continue reading

Posted in accountants, actuaries, advice gap, auto-enrolment, NEST, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Why shouldn’t pot follow member? Guest blog from Ralph Frank


The Government has recently announced that it has suspended plans to require that defined contribution pension pots of less than £10,000 automatically transfer when savers change jobs (and related pension arrangements).  Although the legal compulsion for such transfers has been … Continue reading

Posted in advice gap, consolidation, pensions, pot | Tagged , | 1 Comment

Companies count the cost of pension freedoms


Pension freedoms are … creating a human resources burden, the CBI said, as company leaders try to ensure their older staff do not spend their pension pots early and face hanging on to their jobs when they should have retired. “Even … Continue reading

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Pensions on Coronation Street (nearly)


Obsessed as I am by Kylie and David Plarr,I got home last night just in time ,switched on Gogglebox and  saw Workie’s walk in the park. I have so far counted four people I know who like the DWP’s awareness campaign … Continue reading

Posted in advice gap, auto-enrolment, pensions, PLSA | Tagged , , , , , | 3 Comments

Pro Bono – remember that? Hat’s off to ICPA and QTAC


I’ve been blogging recently about failure The failure of the Investment Association to align itself with the interests of its ultimate customers- consumers The failure of the NAPF to engage with employers not in the club (namely the 1.8 m … Continue reading

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Will auto-enrolment capacity get crunched?


  Today is the day of the Friends of Auto-Enrolment Capacity Crunch Conference which takes place in PWC’s offices at Charing Cross. The big debates of the day will be about Whether there will be a capacity crunch either in … Continue reading

Posted in advice gap, auto-enrolment, Payroll, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Does drawdown need a charges cap for pension drawdown


This post was written a few months ago but never published. The main thrust is still relevant, the thrust is that we are better off building better and more relevant products than trying to squeeze drawdown into a shirt two … Continue reading

Posted in accountants, advice gap, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , | 1 Comment

The tricky job of enrolling the self-employed into pensions


The estimate from the Citizen’s Advice Bureau that some 460,000 extra workers are currently missing out on auto-enrolment because employers deem them independently self-employed seems reasonable. When employers conduct a workforce assessment, they generally do so with a cut of … Continue reading

Posted in advice gap, auto-enrolment, Henry Tapper blog, Politics, Treasury, welfare | Tagged , , , , , , , , , , , , , , , | 4 Comments

The ground moving under us.


What I like about August is that it gives you a little space. Nothing much gets done because at least one decision maker is away and we’re all waiting for September. The French just forget about working in August. Because … Continue reading

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