Tag Archives: Defined benefit pension plan

How retirement products evolve (and revolve).


  There are three drivers that shape the evolution of financial products – supply, demand and Government intervention. Between the mid 80s and today Britain has seen a Financial Services Revolution that has been no less dramatic than the agrarian … Continue reading

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Time to ditch the “institutional” from pensions


  There has always been a gulf between retail and institutional pensions. But I have never felt it so inappropriate . Retail pensions were sold on commission, organised by insurance company and regulated by the Treasury via the FCA and its … Continue reading

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Three old farts on DC regulation


            John Reeve, whose previous comments on DC I have dismissed as the “wittering of an out of touch actuary”, has written a telling comment on mallowstreet. I’m sure he won’t mind me re-publishing it … Continue reading

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10 things we’d see in Monday’s Guidance Guarantee!


  Tomorrow (Monday 21st July), the Government will announce how it intends to deliver the guidance guaranteed to those reaching state pension age. We want an independent process that helps people  take decisions rather than telling people what to do. We can’t … Continue reading

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What employers want to help them choose their pension.


The Pension Regulator has commissioned some research on what small employers want from pensions. I can share with you some of the key findings “48% of small and 79% of micro employers currently have no pension scheme so will have … Continue reading

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Note to @stevewebb1 – My Pot can follow me to CDC.


John Ralfe, at a City seminar claimed there was no appetite for CDC either among employers or among members of pension schemes. Well I disagree; the people I talk to who are not in pensions say they want change- new … Continue reading

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Providers cherry picking pension customers? Whatever next!


Money Marketing is reporting that insurers are cherry picking the workplace pensions they take on . That this is news says a lot for the appalling lack of underwriting applied by insurers to the pricing of new business in this market over … Continue reading

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Pension PlayPen- Britain’s most innovative pension consultancy


  Dawid Konotey-Ahulu mailed me yesterday to tell me we’d been named Engaged Investor’s most innovative pension consultancy. It’s a mark of Dawid’s genorosity that he thought to contact me, even though the firm he started Redington had (along with … Continue reading

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No small company should spend 103 man days on pensions!


Paul Foot of Sage is right to point to research carried out by the London Business School that concluded that 103 man days were being devoted to auto-enrolment by companies staging in 2013. I don’t know how you account for … Continue reading

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“We are as concerned as we can afford to be”


The DWP has now presented the draft bill that will enable Defined Ambition pensions to be set up, probably from this time in 2016.  While lawyers pour over the clauses, it’s worth considering the responses the Government received to the ideas … Continue reading

Posted in David Pitt-Watson, dc pensions, defined ambition, defined aspiration, drawdown, pensions, Pensions Regulator, Public sector pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment