Tag Archives: NEST

“Nest’s auto-enrolment -innit!” – “no it ain’t!”


  Auto-enrolment and NEST are synonymous to many. Hugh Pym, the BBC’s chief economic correspondent  told me he thought you could only auto-enrol into NEST and the mistake was repeated by Rachel Burden this morning on auto-enrolment. Rachel told the listeners … 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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How pensions are impacted by the bank bonus culture


State Street need something better than the “need and greed” culture that fostered these frauds and Mastertrusts and IGCs need something better than the toothless response to these excesses Continue reading

Posted in Bankers, State Street, target date funds | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Better hid.


The trustees of NEST have been faced with a dilemma and it’s clear they have considered it and taken decisive inaction. This blog sets out to explain  and justify why the Trustees of our National Employers Savings Trust have chosen … Continue reading

Posted in NEST, State Street | Tagged , , , , , , , , , , , , , | 3 Comments

Pensions are stopping us building houses and housing is stopping us buying pensions!


This was the 52nd pension play pen lunch and one of the best. Attended by a knowledgeable gang of social housing officers, pension consultants and a fair few bankers, the lunch group set out to answer the question “are pensions … Continue reading

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The DWP charges wagon is firmly back on track


    The last few days has seen a number of surprise developments culminating in a proposed amendment to the Pensions Act 1993. Poor fare for a thought piece? Read on! The original proposal for a wording proposed by Lords … Continue reading

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There’s nothing stopping SMEs purchasing good pensions


This article plugs the needs for good pension purchasing and argues that both in terms of quality (governance) and quantity (supply) , employers have never had it so good. There is a lot of talk at the moment about DC … Continue reading

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Too big to worry about – what’s should we do about State Street?


I wrote yesterday about State Street’s £22.9m fine from the FCA for stealing $20.2m from 6 large clients.  Whether this was all the money stolen or whether these were the clients who they found out about is not mentioned. We’ll … Continue reading

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The quality of savings is constrained


  Apologies to the bard – my point is this; the act of saving is laudable but its impact is variable. Saving is not always a good thing and as a spending choice has to compete with debt repayment and … Continue reading

Posted in auto-enrolment, Retirement, Start ups, workplace pensions | Tagged , , , , , , , , | 2 Comments

Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying).


Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying). Continue reading

Posted in auto-enrolment, Bankers, brand, Farefail, Financial Education, First Actuarial, FSA, hedge funds, infrastucture, investment, London, Management, middleware, NEST | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment