Tag Archives: Employment

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

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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

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Governance not glumervance


I am for good DC governance but I am not for DC glumervance. Glumervance is “glum governance” as preached by the puritan new model trustee. This is how on trustee firm explained the new measures for savers in the DWP Command Paper “the … Continue reading

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Time for an upgrade?


The fireworks came from the Treasury but amidst the noise and smoke, the DWP’s Command Paper, poses some challenges for many of the 10,000 employers who’ve staged auto-enrolment. By April 2015, we can expect workplace pensions qualifying to be used … Continue reading

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“More choice – no guidance” – the basic state pension top-up.


The basic state pension, second state pension and soon to be single state pension are annuities purchased from the State by National Insurance Contributions. With all the noise around the annuities you purchase from insurance companies, we can easily forget … Continue reading

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“The predictable alternative to drawdown”


  “Drawdown scares me”. It scares me because I am on my own, it scares me because I get a bumpy ride and most of all it scares me because I know that if I drawdown at a minute of … Continue reading

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Who will be cleaning out the stables in the next two years?


  There are more than 10,000 employers who are running saving schemes for their staff  as qualifying workplace pensions. The introduction of minimum standards for these schemes in “Better workplace pensions, further measures for savers“, begs the question – who is going … Continue reading

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Is CDC dead? – not according to Kevin Wesbroom in this great new post!


Is CDC Dead after the Budget, in the light on newly offered flexibilities? Most certainly not! The Budget stops the “requirement” to purchase an annuity. It has not been a requirement for a long time, but it has been the … Continue reading

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9 days that shook the (pension) world.


  It began with the budget and ended with an FCA probe on Zombie funds. On the way we have had an 111 page paper that provides an ongoing framework for pension governance , bans pension commission and caps provider … Continue reading

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