Tag Archives: Government

Will CDC be available to everyone with a DC pot – or just a lucky few?


A snag has emerged in the Drafting of the Pension Schemes Bill (that will introduce Defined Ambition and with it CDC). It’s one of those little things that seems easy to fix but which has potentially huge consequences, a bit like … Continue reading

Posted in advice gap, CDC, DWP, now | Tagged , , , , , , , , , , , , , | 2 Comments

How retirement products evolve (and revolve).


  There are three drivers that shape the evolution of financial products – supply, demand and Government intervention. Between the mid 80s and today Britain has seen a Financial Services Revolution that has been no less dramatic than the agrarian … Continue reading

Posted in auto-enrolment, Bankers, corporate governance, Financial Education, pensions | Tagged , , , , , , , , , , , , , | Leave a comment

Time to ditch the “institutional” from pensions


  There has always been a gulf between retail and institutional pensions. But I have never felt it so inappropriate . Retail pensions were sold on commission, organised by insurance company and regulated by the Treasury via the FCA and its … Continue reading

Posted in advice gap, annuity, Payroll, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , | 3 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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