Tag Archives: Treasury

21st Century Retirement Income Update


  Well here I am in a Village hotel under the M1 seven miles south of Leeds to chair a day long conference on the opportunities for financial advisers from George Osborne’s Budget Changes (the photo is the lovely view … Continue reading

Posted in corporate governance, First Actuarial, NEST, pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

How we see the new annuity framework working


Pension PlayPen response to the Treasury Paper “Freedom and choice in pensions.”     Pension PlayPen Ltd trades as http://www.pensionplaypen.com and is a leading portal through which employers and their advisers access information establish workplace pensions. This response has been … Continue reading

Posted in accountants, actuaries, advice gap, annuity, auto-enrolment, Payroll, pension playpen, pensions, Public sector pensions | Tagged , , , , , , , , , , , , | Leave a comment

9 days that shook the (pension) world.


  It began with the budget and ended with an FCA probe on Zombie funds. On the way we have had an 111 page paper that provides an ongoing framework for pension governance , bans pension commission and caps provider … Continue reading

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“Annuities George, what took you so long?”


We have failed 1.5m annuitants- what took us so long? Continue reading

Posted in annuity, pensions | Tagged , , , , , , , , , , , , , | 5 Comments

The realpolitick of pension charges


Let’s hope that wherever this goes next, the DWP can win through and that we get protection in this important and misunderstood area of pensions finance Continue reading

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Savers put themselves first!


A happy result of dissing Michael Johnson’s attacks on pension saving early in the week was that I got a copy of his paper “Put the saver first” direct from the great man. He calls up the spirit of Ron Sandler- … Continue reading

Posted in auto-enrolment, David Pitt-Watson, dc pensions, NEST, pension playpen, pensions | Tagged , , , , , , , | 1 Comment

So you want better pensions?


I’m going to Holland next week to talk to European Fund Managers about how they engage with the UK DC market, it could be a short presentation. Ironically, the Dutch  pension system is delivering 50% more pension – per pound … Continue reading

Posted in annuity, auto-enrolment, Change, Management, Martin Lewis, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 9 Comments

Pension Corporation points the way to “ambitious pensions”


A timely report arrived yesterday from the Pension Corporation estimating that the cost of replacing a standard DB benefit structure using DC had risen to 55% of salary. PIC’s business model is based on managing out DB plans on a … Continue reading

Posted in annuity, auto-enrolment, dc pensions, de-risking, defined aspiration, Jersey, pensions, Public sector pensions, Retirement | Tagged , , , , , , , | 26 Comments

David Mowatt – spot on – the impending pension crisis


It sounds like tory MD David Mowatt from Warrington South, has been swotting up pensions with Steve Webb. He published this on his blog on Tuesday and followed it up in the House. Good on him. Read his article below; here … Continue reading

Posted in annuity, dc pensions, NEST | Tagged , , , , , , , | 7 Comments

Sorting the pensions of the “squeezed middle”.


There are three distinct streams among those old enough to work and young enough not to, Stream One is for  those who can look forward to retirement with a degree of confidence because their employer is guaranteeing it. They are primarily … Continue reading

Posted in annuity, Bankers, corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, FSA, Henry Tapper blog, Liability Driven Investment, Martin Lewis, NEST, pensions, Personal Accounts, Retail Distribution Review, Retirement | Tagged , , , , , , , , , , | 10 Comments