Category Archives: NEST

Asleep at the wheel on net pay – and they want to drive the bus!


The PLSA are making a fuss about SMEs. Small Business Saturday tells me that my small business can get its help – and it’s just round the corner! But I am not convinced, since the launch of Pension Solutions, its … Continue reading

Posted in napf, NEST, pension playpen, pensions, PLSA | Tagged , , , , , , | 1 Comment

NEST is not a financial soup-kitchen.


For some time , I and others advising on workplace pensions have been calling for NEST to make a clear statement on charging employers for NEST support. Now we have it . In case you can’t press the link , here … Continue reading

Posted in auto-enrolment, DWP, governance, NEST, Payroll, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowd-sourcing a solution to the net-pay pension problem.


The people who are losing out on Government contributions into their workplace pensions because their schemes work on net pay rather than “relief at source” are oblivious of this problem, they serve coffee in Costa, work in nursing homes and … Continue reading

Posted in auto-enrolment, Blogging, journalism, NEST, now, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , | 2 Comments

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

SHOW ME THE MONEY! What’s going to happen our auto-enrolment savings?


People want to know what happens to the money they invest and we are terrible about explaining where their money ends up. This blog talks about how we can make pension investment as vivid and real as the picture above. Over … Continue reading

Posted in infrastucture, investment, NEST | Tagged , , , , , , , , | Leave a comment

State Street and People’s – a lack of “emissional” intelligence?


I am not very happy that People’s Pension has chosen State Street to manage the money under its master trust. In early 2014, State Street were found guilty of over-charging a variety of pension funds and were fined by the … Continue reading

Posted in NEST, pensions, Pensions Regulator, smelly, State Street | Tagged , , , , , , , , , , , , , , , , | 1 Comment

NEST report and accounts; £400m and counting


The publication of NEST’s 2015 report and accounts yesterday has some good news and some not such good news. The good news is that nothing seriously went wrong last year, there are now some 14,000 employers using NEST for all … Continue reading

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Helen Dean – the right person for the NEST top job.


Helen Dean’s appointment as the new CEO of NEST , seems to have been greeted with a stifled yawn by the Pensions Press. Helen has the lowest of profiles, no social media presence, hardly a speaking engagement and a declaration … Continue reading

Posted in NEST, pensions, Pensions Regulator, Personal Accounts | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

If NEST’s web services are “free” – who’s picking up the tab?


  Employers who choose NEST will be able to onboard directly from payroll assuming payroll holds the information NEST needs to set-up. As with most things NEST do , the announcement this week that they have created a suite of … Continue reading

Posted in NEST, Payroll, pension playpen, pensions, trustee | Tagged , , , , , , , , , , | Leave a comment

Is NEST best?


Back-slapping all round NEST launched its third Insight into the state of the UK auto-enrolment project yesterday. This was a land grab for AE glory. At the front of the pack was Joanne Segars whose NAPF hosted the event. Hopefully … Continue reading

Posted in NEST, pension playpen, pensions, twitter, workplace pensions | Tagged , , , , , , , , , , , , | 3 Comments