Tag Archives: NEST

How competitive is our private pension system?


    We are three months away from the launch of the new pension freedoms and not much is happening. There ain’t nothing shaking but the leaves on the trees! NEST has issued a lengthy consultation on what it should … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Let’s play fantasy CIO at NEST!


NEST has invited  all of us to play “fantasy CIO” and create a default investment strategy for its members to and through retirement. If you’re prepared to get to page 118 of the consultation paper, you are asked as question 18 … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment

The future of retirement – Pension PlayPen responds to NEST


  Why Pension PlayPen is responding Pension PlayPen is reluctantly responding to NEST’s consultation; reluctantly as we have been asked these questions before in a number of different guises. The report is long and so is this response. We are … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

“An idealogical inexactitude” – A guest blog by Eamonn O’Connor


As the election season is in full swing, some reflections on the ideological conflict inherent in the pension changes in the air for 2015. From April, we will see the abolition of compulsory annuity purchase and, with it, the introduction … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , | 1 Comment

So much for the “haves”, what of the “have nots”?


It has now been well over a year since the OFT published this comment   Since this warning, not a lot has been done to improve the quality of purchasing by employers. The DWP is introducing legislation in April which will … Continue reading

Posted in actuaries, auto-enrolment | Tagged , , , , , , , , , , , , | 2 Comments

Beware the vanity master trust


  Hardly a week goes by without a request to research another vertically integrated master trust for inclusion on the list of employer choices offered on http://www.pensionplaypen.com . It is harder to name an actuarial practice or employee benefit consultant that … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , | 6 Comments

Hats off to all workplace pension providers


  I’ve referred earlier this week to an excellent article by Kim North in Money Marketing in which she points to the ongoing work Scottish Widows have been doing on the participation of women in workplace pensions. In the same … Continue reading

Posted in FCA, NEST, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Clarity needed on NEST’s finances


  The Pension Regulator has announced it intends to introduce a Directory of workplace pensions. The criteria for inclusion will be that the workplace pension must meet the Quality Standards being introduced from 2015 and that the workplace will be universally … Continue reading

Posted in DWP, NEST | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

Disclosing costs – we are almost there!


The Financial Services Consumer Panel have issued a damning condemnation on the £5tr British Funds Industry for failing to tell people what they are paying for and how much they are paying when they invest their money in British Funds. … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , , , , , , , | Leave a comment

“My pension offer” – explaining CDC to a confused public!


John Ralfe has been expressing his frustration that none of the CDC champions have made him a two page offer to tell him what a CDC pension offer might look like. I’ve not done this yet, partly because I’ve been … Continue reading

Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment