Tag Archives: pensions

Are mastertrusts safe?


Is it good enough that pension schemes can operate without ANY capital adequacy requirements That’s the question posed by FT’s Jo Cumbo and as that old adage “50% of people don’t know what “50%” means” goes to show, most people … Continue reading

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What is the point (of tax-relief)?


  A tired (and possibly emotional) actuary sends me a late night mail which starts.. What is the tax relief deal?  Govt in effect borrows money over 40 years on average to invest in whatever DC investors invest in and … Continue reading

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Let the canny worm lie?


The problem with cans of worms is that the cans degrade and in the end the worms get out, and cause a stink. Over the weekend, the Telegraph that acts as a professional “worm can opener” has been turning its … Continue reading

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Osborne needs a killer rabbit!


There are two ways to get money into a private pension you can pay the money in yourself as a deduction from pay you can have money paid on your behalf by your employer. Of the two, by far the … Continue reading

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50 shades of “Workie”.


Are all Workplace Pensions the same? Can we distinguish one “Workie” from another? Are all Workies equal – or are some Workies more equal than another? For those not familiar with the adverts- Workie is a Technicolor creature, designed by … Continue reading

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Prepare for a world without pension tax-relief


  The concept of “flat rate tax relief” for pensions is now accepted. There is a consensus behind it. Even the ABI, who until recently were predicting plagues of locusts if higher rate relief were abolished, appear to have got … Continue reading

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#WASPI and “the woman’s place”


Today is WASPI day,when the women petitioning parliament (now well over 130,000) get their voices heard. I was asked last night whether or not the petition misleads (thanks Cathe) and yes I think WASPI is weakened by confusion within its … Continue reading

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Is Workie working? Who’s hot and who’s not in the workplace pension world.


This morning Pension PlayPen launches “Measures of support”. the result of nearly 6 months research into how intermediaries and employers see the workplace pensions they are using to enroll staff. We will be making the report generally public during the … Continue reading

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When does an agreed contract not bind? Guest blog by Ralph Frank


  This past summer saw a number of Government-initiated consultations, including one into early exit charges levied on (some) pension products.  The Chancellor of the Exchequer has recently announced that the Financial Conduct Authority (“FCA”) is to be mandated to … Continue reading

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And time goes on – and so do I


If this isn’t a line from a Johnny Cash or Hank Williams song, then I may have just written the history of Country and Western in one line! Time does go on, we are now well into the next critical … Continue reading

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