Category Archives: Change

We have scotch’d the snake not killed it – three years to sort out hidden charges


  We have scotch’d the snake, not kill’d it: She’ll close and be herself, whilst our poor malice Remains in danger of her former tooth. Macbeth Act 3 Scene 2   Of all the vested interest groups, the fund managers … Continue reading

Posted in advice gap, Change, dc pensions, Henry Tapper blog, napf, pensions, steve webb | Tagged , , , , , , , , , , , , , , , , | Leave a comment

I’m in- who’s out?


  I’m serving up a dish which may have gone cold in your inbox or may not have reached you at all. Personally I’m not concerned about opt-out rates, even if they crept above the 9% generally advertised. That Ceridian … Continue reading

Posted in advice gap, auto-enrolment, Bankers, brand, Change, corporate governance, Payroll, pensions | Tagged , , , , , , , , , , , , | Leave a comment

Would you vote for the Pension PlayPen?


  When you are building a brand, you need recognition and much as we’d love to be on News at 10 every week, our brand Pension PlayPen can only become relevent if it makes lots of noise. So I spend … Continue reading

Posted in auto-enrolment, Change, pension playpen, pensions | Tagged , , , , , , , , , , , , , , | 1 Comment

The DWP charges wagon is firmly back on track


    The last few days has seen a number of surprise developments culminating in a proposed amendment to the Pensions Act 1993. Poor fare for a thought piece? Read on! The original proposal for a wording proposed by Lords … Continue reading

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The realpolitick of pension charges


Let’s hope that wherever this goes next, the DWP can win through and that we get protection in this important and misunderstood area of pensions finance Continue reading

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The ABI’s 10 problems with CDC – with 10 answers!


The ABI have 10 problems with Steve Webb’s collective DC plan, articulated as follows by Huw Davies , their  Director of Policy. As usual his is a constructive  outcome focussed argument as you’d expect  from an organisation devoted to making the lot of Britain’s … Continue reading

Posted in CDC, Change, pensions, Retirement | Tagged , , , , , , , | 1 Comment

Getting use to managing pensions ourselves


The ideas of personal financial empowerment and independent financial advice grew up hand in hand. But they are mutually exclsusive concepts and ill-matched bedfellows. Now that we have the means to do it ourselves, we need to be allowed to. … Continue reading

Posted in brand, Change, Financial Education, First Actuarial, pension playpen, pensions | Tagged , , , , , , , , , , , , | Leave a comment

Good with food – not so good with money.


The sad events at the Co-operative Bank this year are not the first financial services scandal to hit the Co-operative movements. Less publicised but no less carnal, was the behaviour of the management of Co-operative Insurance Services (CIS) who were … Continue reading

Posted in auto-enrolment, Bankers, Change, club pension | Tagged , , , , , , , | Leave a comment

A race to the top?


We will not get this problem sorted out in a meeting room in the DWP, though the DWP can clear the decks and allow us to operate with a clean sheet of paper. Continue reading

Posted in actuaries, annuity, CDC, Change, dc pensions, de-risking, defined aspiration, happiness | Tagged , , , , , , , , , , , | 1 Comment

Imaginary terror exposed


The decision by the House of Commons not to agree (even in principle) to Britain’s military intervention in Syria was surprising and uplifting. There will be three immediate consequences. 1. We will not open yet another front on the war … Continue reading

Posted in Change, Consolation, Syria, welfare | Tagged , , , , , , , | 4 Comments