Tag Archives: Steve Webb

What should employers do about pensions?


Employers pay pensions – don’t they? It’s baked into the DNA of Government social policy that a part of the welfare system is managed by employers prepared to fund an employee benefit that provides a certain income in retirement. So … Continue reading

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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

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Middle-class economics


  “So the verdict is clear. Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way.” Barack Obama, State of the Union Speech  2015. I suspect that these … Continue reading

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The next General Election cannot come soon enough! – guest blog from Ralph Frank


  The next General Election in the UK is scheduled for 7 May 2015. That date can’t come soon enough, bringing a little respite (if only temporarily) from what seems to be some sort of popularity contest between the Chancellor … Continue reading

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Why we will have to wait for our freedom.


A prospect of market failure The sentence may have been over-turned but the prisoner is not free. At best he can wander the prison yard but the prison gates remain locked and even when they open , the pension will … Continue reading

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Get your BR19 as your first step to being “Pension Wise”


Treasury now in charge of “Pension Wisdom”. Another Monday, another set of pension headlines. The Treasury announce that the Guidance Guarantee is no more and hereafter the delivery mechanism for the help we’ll be getting at retirement will be called … Continue reading

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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

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“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

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The bondage of advice.


Is this what we call regulated advice? Yesterday I told a cautionary tale about a friend who came close to sacrificing 105% of 10 years projected growth on his pension pot in advice and management fees. He asked the question “how can this … Continue reading

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How can this be?


A school friend of mine, came to see me yesterday with some paperwork. He had been reviewing his financial affairs. Like me , he is 53 and had been excited by talk of the new Pension Freedoms. The problem His … Continue reading

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