Tag Archives: Business

Auto-Enrolment needs more Training and less Selling


The standards adopted by those administering auto-enrolment have been high. Compliance to some complex problems that payroll, HR and pension providers have faced has been impressive. Sure there have been failures but countries (such as Ireland) reviewing the progress of … Continue reading

Posted in First Actuarial, Management, Pension Freedoms, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

What employers can do to get their members better pensions


Yesterday I had a chance to talk with a large employer about what they can do to help improve the outcomes of their DC plans. Influencing employees to get the best out of their pension savings means getting them to … Continue reading

Posted in Payroll, Pension Freedoms, pension playpen, pensions, Pensions Regulator, Popcorn Pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why the FCA should take a leaf out of tPR’s book.


  The Pensions Regulator have been re-born over the last five years and become focussed on helping advisers, trustees and employees solve pension problems. They have started treating us as  customers and not potential criminals. Sadly, this attitudinal shift doesn’t seem … Continue reading

Posted in advice gap | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“We all defer together?” – Guest Blog from Ralph Frank


The recently announced consultation on pensions tax relief has stirred up thought and debate on the issue of incentivising long-term saving.  There are theoretical, commercial and practical aspects to be addressed in this process of defining an approach to pensions … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

“Tax relief – what are the numbers?” Guest blog from Ralph Frank


The Government has repeatedly expressed its concern, both in the 2015 Budget (paragraph 1.232) and in the recently announced consultation on pensions tax relief, at the level of income tax forgone through the provision of pension tax relief.  This concern … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , | 4 Comments

“Another girl- another Planet” – the wonderful world of NEST


Helen Dean, the new CEO of NEST has set out her stall in the pages of Professional Pensions. Much of what she says is intelligent and helpful Helping .. small and micro employers means seeing AE through their eyes. Instead of … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , | 1 Comment

The transfer mess gets worse…


It’s been some weeks since I wrote about transfers. To recap, I have been predicting a seizure in the transfer market , resulting from high demand, low-advisory capacity and pipes blocked with regulatory effluent. So it doesn’t come as a … Continue reading

Posted in Treasury, trustee | Tagged , , , , , , , , , , , , , , , , | 10 Comments

Why “pensions ISAs” must be more than ISAs


Ros Altmann has recently commented that simply topping up ISAs and calling them “Pension ISAs” is not going to help solve our long-term retirement problems. The danger of using the ISA structure is that it ignores the fundamentals- that people … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , | 4 Comments

Pension PlayPen’s response to the Treasury on pension tax-relief


The Treasury has asked eight great questions which go to the heart of how we incentivise pension saving. Here are our responses. We haven’t formally sent these responses to the Treasury yet, so if you have any comments, please send … Continue reading

Posted in pensions, Pensions Regulator, Public sector pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Can IFAs create their own profession?


James Walker  has published BWD’s assessment of the prospects for firms offering financial advice as their core product. He paints a picture of rising regulatory costs and sluggish growth prospects preventing IFA practices from employing the young blood to refresh it. Last … Continue reading

Posted in advice gap, FCA, Financial Conduct Authority, First Actuarial, Personality | Tagged , , , , , , , , , , , , , , , | 3 Comments