Tag Archives: Defined benefit pension plan

“Getting paid” – why advisers are shunning auto-enrolment


    Amidst the back slapping as we pass 5m auto-enrolled into workplace pensions you hear little rejoicing from financial advisers. The majority we speak to are avoiding auto-enrolment for one reason- they can’t get paid for what they do. … Continue reading

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De-risking strategy found in pocket of comatose trustee


  The Pension Plowman rifling through the pockets of a trustee lying in the gutter following an all night pension celebration , has found too documents, the first a copy of Corporate Adviser the full text of which can be … Continue reading

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Is NEST best?


Back-slapping all round NEST launched its third Insight into the state of the UK auto-enrolment project yesterday. This was a land grab for AE glory. At the front of the pack was Joanne Segars whose NAPF hosted the event. Hopefully … Continue reading

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What should employers do about pensions?


Employers pay pensions – don’t they? It’s baked into the DNA of Government social policy that a part of the welfare system is managed by employers prepared to fund an employee benefit that provides a certain income in retirement. So … Continue reading

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How competitive is our private pension system?


    We are three months away from the launch of the new pension freedoms and not much is happening. There ain’t nothing shaking but the leaves on the trees! NEST has issued a lengthy consultation on what it should … Continue reading

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Governance on parade – why we must show leadership.


From this year, insurance companies must create both internal and external controls to ensure they carry out the responsibilities they are taking on when helping us save and spend our pension pots. Yesterday afternoon I spent time with insurers and … Continue reading

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The next General Election cannot come soon enough! – guest blog from Ralph Frank


  The next General Election in the UK is scheduled for 7 May 2015. That date can’t come soon enough, bringing a little respite (if only temporarily) from what seems to be some sort of popularity contest between the Chancellor … Continue reading

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Why we will have to wait for our freedom.


A prospect of market failure The sentence may have been over-turned but the prisoner is not free. At best he can wander the prison yard but the prison gates remain locked and even when they open , the pension will … Continue reading

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The bondage of advice.


Is this what we call regulated advice? Yesterday I told a cautionary tale about a friend who came close to sacrificing 105% of 10 years projected growth on his pension pot in advice and management fees. He asked the question “how can this … Continue reading

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How can this be?


A school friend of mine, came to see me yesterday with some paperwork. He had been reviewing his financial affairs. Like me , he is 53 and had been excited by talk of the new Pension Freedoms. The problem His … Continue reading

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