Tag Archives: Business

21st Century Retirement Income Update


  Well here I am in a Village hotel under the M1 seven miles south of Leeds to chair a day long conference on the opportunities for financial advisers from George Osborne’s Budget Changes (the photo is the lovely view … Continue reading

Posted in corporate governance, First Actuarial, NEST, pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

“Nest’s auto-enrolment -innit!” – “no it ain’t!”


  Auto-enrolment and NEST are synonymous to many. Hugh Pym, the BBC’s chief economic correspondent  told me he thought you could only auto-enrol into NEST and the mistake was repeated by Rachel Burden this morning on auto-enrolment. Rachel told the listeners … Continue reading

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Why employers cannot be “provider agnostic” about their workplace pension.


At http://www.pensionplaypen.com, we are horrified by the slapdash way in which employers are choosing workplace pensions and the complacency of their advisers who seem solely intent on selling payroll and HR middleware. Continue reading

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How we see the new annuity framework working


Pension PlayPen response to the Treasury Paper “Freedom and choice in pensions.”     Pension PlayPen Ltd trades as http://www.pensionplaypen.com and is a leading portal through which employers and their advisers access information establish workplace pensions. This response has been … Continue reading

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Will some employers need their own IGCs?


  This blog’s for any employer or adviser with an existing workplace pension scheme (GPP or Stakeholder Pension), where you chose the funds offered to your staff.   I asked a question of the Pensions Regulator this week. He’d put … Continue reading

Posted in FCA, governance, pension playpen, Retail Distribution Review | Tagged , , , , , , , , , , , , | Leave a comment

Pension PlayPen response to the DWP Command Paper on Workplace Pensions


    Pension PlayPen Ltd trades as http://www.pensionplaypen.com and is the leading portal through which employers access information to stage auto-enrolment. The site allows employers to assess their workforce, determine a contribution structure, apply to workplace pension providers for terms … Continue reading

Posted in auto-enrolment, dc pensions, DWP, FCA, governance, investment, pensions | Tagged , , , , , , , , , , , | Leave a comment

Beyond compliance…how to integrate your workplace pension into your business


What is your organisation trying to get out of auto-enrolment? The answer will be as diverse as our business strategies! If we had to generalise, we at First Actuarial would chuck all the answers into two buckets; Bucket One is … Continue reading

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More trust, fewer Trusts please!


Take a look at this table (reproduced with the express permission of the Pension Regulator). It tells us that we have too many private sector trust based DC schemes (it also tells that we don’t know the difference between a GPP and DC … Continue reading

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It’s a phoney war- what’s happening on the other side of the Channel?


I am still surprised how people are organising themselves to do their jobs. You’d have thought that the accountants and book-keepers who provide financial stability, get people paid and manage the tax affairs of Britain’s 1.25m employers would be the … Continue reading

Posted in accountants, advice gap, Management, Martin Lewis, Payroll, pension playpen, pensions | Tagged , , , , , , , , , , , , | Leave a comment

The Pension Play Pen lunch gives a thumbs up for the new Annuity Framework


A victim of Osborne’s success We were a victim of George’s success on Monday (7th April) as nearly 40 of us spilled out of the gallery room and occupied most of the Counting House’s second floor! Handing over £500 in cash … Continue reading

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