Tag Archives: DWP

IFAs take the lead in sorting the transfer blockage.


  BIG THINKING Two things I’m really looking forward to in September are threesixty’s two “Big Thinking Days”. One’s in Edinburgh and one’s in London and if you’re going, you;re in for a treat. Threesixty are a pretty pucker outfit (IMO) and … Continue reading

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Does drawdown need a charges cap for pension drawdown


This post was written a few months ago but never published. The main thrust is still relevant, the thrust is that we are better off building better and more relevant products than trying to squeeze drawdown into a shirt two … Continue reading

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Pot follows member – over a cliff?


There’s a great saying in racing “I’d follow that horse over a cliff”. It’s a morbid comment on most gambler’s instinct to chase losses for sentimental rather than economic reasons. When conviction sets in, then rationality is the loser and … Continue reading

Posted in pensions, Pensions Regulator, Personal Accounts, Popcorn Pensions | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

The tricky job of enrolling the self-employed into pensions


The estimate from the Citizen’s Advice Bureau that some 460,000 extra workers are currently missing out on auto-enrolment because employers deem them independently self-employed seems reasonable. When employers conduct a workforce assessment, they generally do so with a cut of … Continue reading

Posted in advice gap, auto-enrolment, Henry Tapper blog, Politics, Treasury, welfare | Tagged , , , , , , , , , , , , , , , | 4 Comments

What passing bells for those who work as cattle?


It’s currently cool to talk about treating your workforce as a commodity. Evidence- Jeff Bezos can get on the Front Page of the New York Times for his experiments in office cruelty. “Amazon is successful right now- Bezos must be getting … Continue reading

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Auto-enrolment – now get stuck in!


Auto-enrolment is 3 years old but the real fun only starts here. In the coming quarter, we will be preparing for the big spikes in staging that begin in January 2016. Whether you are an accountant, work in a payroll … Continue reading

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Simplifying AE – why the workforce assessment IS worth it


The Government is calling for ideas to simplify auto-enrolment.  I had an interesting discussion with a senior payroll policy lobbyist yesterday. She argues that the “workforce assessment” is too problematic to become part of the normal payroll function of Britain’s … Continue reading

Posted in accountants, advice gap, auto-enrolment, DWP, pensions, Pensions Regulator, risk, Ros Altmann, welfare | Tagged , , , , , , , , , , , , , | 1 Comment

The FinTech boom ignites with the start-ups!


This chart says something pretty interesting. It tells us that London is the top place in Europe for Financial Technology, it tells us that in terms of performance and market reach, we’re doing great but that we lag in Funding … Continue reading

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“A question of trust”- accountants and auto-enrolment pensions.


I’m not going to quote Einstein’s definition of insanity as that would be madness. To understand how tactical short-cuts spiral into destruction look at what PPI has done to the share price of our high-street banks This blog is for accountants who … Continue reading

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Are the goal posts about to be moved again? (guest blog by Ralph Frank)


  This week has seen the announcement of another consultation, this time intofinancial advice.  The terms of reference have been published at this stage, with the details of the consultation to follow in the Autumn.   One of the stated … Continue reading

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