Category Archives: pensions

Creative Pension Trust? – don’t ask me!

  Industry gossip or genuine cause for concern? A number of conversations I had at yesterday’s Capacity Crunch conference at the Friends of Auto-Enrolment focussed on the febrile finances of  master trust arrangements. In particular, the arrangement between the trustees and … Continue reading

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4 months until…. Guest Blog from Ralph Franks

  The Chancellor of the Exchequer has confirmed that the Government will respond to the consultation into pension tax relief in the 2016 Budget.  The confirmation was set out in the 2015 Autumn Statement.  This same Statement set out Government’s … Continue reading

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Pothole follows member

At one moment, as I sneakily followed the autumn statement on twitter (while supposed to be doing strategy), I heard the Chancellor remark Over the next five years the Government will spend £250m to pay for pothole repairs This has … Continue reading

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“Deprivation of capital” = double dipping= WOT = ignore!

Double dipping, deprivation of capital, DWP, Treasury, Lamborghini, Pension Freedoms, Drawdown, annuity Continue reading

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The Public Accounts Committee on Auto-Enrolment – (tweets on DWP/tPR and NEST)

I’m not sure a blog has ever been written around one person’s tweets of an event, but Jo Cumbo’s online reporting of the Public Accounts Committee’s session on auto-enrolment is so excellent that I thought to hand over to her … Continue reading

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A lot more people earning £10k or less are “in” and some don’t even know it.

I was talking to an auditor recently who had questioned why someone who cleaned her client’s office in the morning and was on £120 pw had been considered an eligible jobholder – and auto-enrolled. It turned out that the cleaner submits an … Continue reading

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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

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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

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Will Lovegrove – a true hero of auto-enrolment

For ages, I’ve been banging on about improving the effeciency of how we manage auto-enrolment. But it was only when I met Will, that I understood how to do it.  Sitting on the Papdis group (albeit as an enthusiastic observor), … Continue reading

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End of year sweep up to resolve “net pay” lost tax relief?

A friend, a Director of NOW Pensions and a man whose integrity cannot be questions , has sent me this paper. I had thought to take thoughts on it privately, but in the light of the controversy over “net pay” … Continue reading

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