Tag Archives: Government

The cost of auto-enrolment


  Charlotte Clark – one of the architects of auto-enrolment and now head of private pensions in the DPW – is an economist. She is familiar with cost having worked in a corresponding position in the Treasury and it was … Continue reading

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IFAs and actuaries – as easy as “A Cap B”.


For half of the 30 years I’ve been advising people, I was paid by private individuals to help them take difficult financial decisions. For the other half, I’ve been paid by employers to help their staff take difficult decisions. This … Continue reading

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Consistency and Simplicity (guest blog – Ralph Frank)


  The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels.  The current taxation system is overly complex, with two … Continue reading

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Whose risk is it anyway?


No matter how we look at it – we do not- and will not- live in a command economy. That means we have to take decisions for ourselves rather than be told how to live our lives. If you want … Continue reading

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Is auto-enrolment any more than a tax?


Speaking in Birmingham last week, former pension minister Steve Webb, commented on how hard it will be to raise the bar on employer auto-enrolment contributions from the current 1% of band earnings to 3% "Anything to get AE pension contributions … Continue reading

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Time to move on?


This election was brutal. Gregg McClymont knew his fate but Steve Webb’s defeat was a shock to us all – sadly electors don’t wear pension goggles. Just as we were resigning ourselves to BAU,  David Cameron announced Ros Altmann’s appointment … Continue reading

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Important days for pensions


David Cameron will be announcing his new cabinet members and more junior ministers this week. Those of us who work in pensions already know that Ian Duncan Smith will remain Minister of State at the DWP, but who will be … Continue reading

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Dear Government- “Five do’s, five don’ts” – #pensions


For those slipping quietly into retirement in the UK the political promises are about the revaluation of your state benefits, the payment of your winter allowance and the tax treatment of your savings and income. Whatever you have done or not … Continue reading

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Do we need another pension commission? #IRSC


A call for inclusion from the pension elite? The NAPF have launched a call for an Independent Retirement Savings  Commission. I went to hear the arguments yesterday morning and came away with a nice booklet but without much more enthusiasm … Continue reading

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What’s inside the wrapper’s – what matters! Guest blog from Ralph Frank


  I often find myself bemused, and/or confused, when I see investment portfolios specified in terms of product wrappers (e.g. unit trusts, exchange traded funds, structured notes etc.) instead of the underlying investments (e.g. equities, bonds etc.).  The underlying investments, … Continue reading

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