Tag Archives: Government

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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Ros Altmann’s presentation on the merits of employing #olderworkers


14 Jul 14 – Fuller Working Lives: Announcing the new Business Champion for Older Workers. A joint ILC-UK/DWP event hosted by Legal & General from ILC- UK   According to Office for National Statistics estimates, in the next 10 years … Continue reading

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Carry on nudging!


We may just have been nudged. We’ve been getting  interested in salary sacrifice. We have been building a salary sacrifice modeller into the workforce assessment tool on http://www.pensionplaypen.com by popular demand. Initially I had thought  salary sacrifice was benefiting employers but … Continue reading

Posted in auto-enrolment, Payroll, pension playpen, pensions | Tagged , , , , , , , , | 1 Comment

Pension PlayPen overall winner at IMAIA 2014!


  We do “new”, not because old is wrong but because new is where the future is. So we entered the IMAIA this year at the behest of our friend and mentor Jenny Davidson, the new Reward Director at Talk … Continue reading

Posted in brand, Cruise boats, customer service, de-risking, gloriana, henley, Henry Tapper blog, pension playpen | Tagged , , , , , , , , , , , , | 2 Comments

Business relies on transparency – it’s time platform managers come clean


General principles Buying low and selling higher is the basis of all commerce. Intelligent purchasers seek to cut out intermediaries to buy direct. Smart intermediaries use their financial muscle to bulk-purchase, getting a better price than a single purchaser can … 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

Help! Volunteers needed to pick up Pension Play Pen awards!


  Here is an unusual request but one you might just be able to help me with- it isn’t onerous! The first week of July is Henley week and it’s traditionally a time when we take Lady Lucy down the … Continue reading

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Looks like the cost of buying a pension’s just gone through the floor


Good news- one insurer has just slashed its pension prices to make income drawdown affordable for all. For years we’ve been told that income drawdown was too expensive a pension management system for all but the DC glitterati. The consensus … Continue reading

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This country needs a proper debate about old age


Do we understand  how people want to get paid in retirement? Yesterday I wrote about the American 401K system and the risks taken by people who become too cautious as they become older. The value judgements implicit in the report … Continue reading

Posted in annuity, CDC, Financial Education, pensions | Tagged , , , , , , , , , , , , , , , , | 4 Comments

Why Steve Webb took a punt on CDC


To answer the question we need to understand the Government’s primary agenda; – to “win votes”. A secondary agenda is to “create a legacy by which it will be judged favourably”. If you are charitable, you might include a third … Continue reading

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