Category Archives: auto-enrolment

Double vision – a startling new blog from Ralph Frank


The latest Command Paper, ‘Better workplace pensions: Putting savers’ interests first’, has recently been published.  This Command Paper follows prior consultations by the Department for Work and Pensions (“DWP”) on charges, transparency and quality standards in workplace defined contribution pension … Continue reading

Posted in auto-enrolment, dc pensions, pensions, Retirement | Tagged , , , , , , , , , , , , , , , | Leave a comment

The great pension bank robbery


  I give 2 ½ cheers George’s pension package, the “½” being for the complex misrepresented “death-tax” changes which are regressive, complicated and could easily have been dealt with using inheritance tax legislation already in place. I give no cheers … Continue reading

Posted in advice gap, annuity, auto-enrolment, NEST, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , | 2 Comments

The Pension Industry cannot serve two masters


Pensions are at a crossroads. For 30 years they have been travelling in the direction of the financial services and we could continue that direction of travel. We could turn left and go Dutch or turn right and adopt the American … Continue reading

Posted in auto-enrolment, dc pensions, NEST, pensions, Retirement | Tagged , , , , , , , , , , , , | Leave a comment

TLAs, the FCA, IGCs & TCF. WTF?


  This blog is by Ralph Frank   The financial services industry excels at producing Three Letter Acronyms (“TLAs”). One TLA that is likely to become an established part of pension lexicon is ‘IGC’. Independent Governance Committees (“IGCs”) are governance … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , , , , | Leave a comment

Tiny steps towards better DC outcomes- #CASummit14


Having spent 36 hours in the company of Life Co “strategists” and their counterparts in the IFA and EBC communities, I can now try and make sense of where “heads are at”. The mood has changed. Two years ago, the … Continue reading

Posted in advice gap, annuity, auto-enrolment, dc pensions, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

The state of corporate advice at #casummit


  The corporate adviser summit has been held every October in a swanky hotel somewhere in the home counties. This year we are in a frightful faux castle near Horsham complete with fake arrow slits and other accoutrements of the English … Continue reading

Posted in advice gap, annuity, auto-enrolment, dc pensions, Retirement | Tagged , , , | 2 Comments

Promoting a sharing society


I am struck by the power of sharing. The Friends of auto-enrolment has no money, no official sponsor (though the CIPP are doing a great job of standing behind us) and nothing more than a name with which to make … Continue reading

Posted in advice gap, auto-enrolment, pension playpen, pensions, Retirement | Tagged , , , | Leave a comment

CDC designed by an enlightened actuary -Derek Benstead!


  When I started out in insurance my sales manager told me: “Don’t sell a solution until you’ve understood the problem.” So far, collective defined contribution is a solution that is so short on detail we can only suppose what … Continue reading

Posted in actuaries, advice gap, auto-enrolment, dc pensions, pensions | Tagged , , , , , , , | Leave a comment

Ros Altmann on why the over 60’s are missing out on “free pension money”


Ros Atmann recently told me she wished she could blog like me, having read this blog, I wish I could write like her! Huge numbers of over 60s are opting out of pensions auto-enrolment, losing their employer contribution Budget pension … Continue reading

Posted in accountants, annuity, auto-enrolment, Flump, pension playpen, pensions, Pensions Regulator | Tagged , , , | 6 Comments