Tag Archives: Defined benefit pension plan

“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

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Pension’s day of reckoning draws nigh!


April 6th 2016 should be a date with a red circle round it on any pension’s office calendar. It’s the day when contracting-out officially comes to an end- “cessates” – is no more. It is also the date when the … Continue reading

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“Trust me , I’m a scorpion”


I was born at 11.02am on 11th November 1961, according to my star chart ,the sun, the moon, all the houses and for all I know Planet Pluto are in Scorpio, which makes me a little worried. This is no … Continue reading

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Pensioner First


A consistent theme of the pension reforms we have witnessed over the past five years has been a focus on the consumer of pension savings – the pensioner. Set in the wider context of welfare policy, the proposals to re-align … Continue reading

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The future of pension regulation – Andrew Tarrant


Andrew Tarrant was a personal advisor to Gregg McClymont in the previous parliamentary term. A Kiwi lawyer he has the distinction of having sung in New Zealand’s only serious punk band. I have had the privilege of reading this substantial piece of … Continue reading

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First we take Manhattan…


Canada bores me. I have only two cultural references for the place, Supertramp – (the band that drove me to punk in the 1970s) and South Park the movie which urges Americans to “blame Canada, they’re not even a real country anyway”. I know … Continue reading

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“I’m afraid we had no answers.. good luck! ..-..Steve.”


“Where are all the pension people?” Asked an accountant at #Accountex15 on Thursday. They were elsewhere listening to Steve Webb and Gregg McClymont looking back at the last five years, a neat metaphor for the pensions industry as another accountant pointed … Continue reading

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For Ros Altmann, the best is yet to come.


Ros Altmann is our new pension minister, this is unequivocally good news. For years people have been poking fun at Ros Altmann for her claims to be a Government Advisor. Between 2001 and 2005 she was an advisor to no … Continue reading

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Pension pandemonium within 12 months!


  “F*ck the file” that’s what I say- or what I would say if I wasn’t in an office full of people who live, eat and breathe Excel. I’d like my office to be file-less within 5 years (make that … Continue reading

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Technology – not short-cuts – points the way to good pensions.


Pension Providers are challenged by later-stage auto-enrolment Let’s be under no illusions. The scale of the challenge facing workplace pension providers from auto-enrolment in 2016 is every bit as daunting for them as the challenge to payroll , advisers and employers. … Continue reading

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