Monthly Archives: July 2013
Price isn’t everything
Price isn’t everything but it is where many employer’s heads are today. The trick is to move the argument on from price but this can only be done once we have got bad practice out of the system for all time.
NEST “admits” to 99% of cash going to the default fund
Thanks to Andy Dickson for drawing my intention to this article in FT Adviser National Employment Savings Trust, the government-backed auto-enrolment scheme provider, has revealed that 99 per cent of the 300,000 people that have so far begun making contributions … Continue reading
Posted in NEST, pensions
Tagged Business, DWP, Employment, Financial services, Government, National Employment Savings Trust, NEST, pension, Pension new, Retirement, Steve Webb
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An advice gap…or a competence gap?
I wish the OFT success in their endeavours, I enjoyed reading their interim paper and I’m sure I will enjoy reading the output of their current research in the autumn. In the meantime, we have work to do. Continue reading
Posted in advice gap, pension playpen, pensions
Tagged Business, corporate risk, dc pensions, Financial services, Office of Fair Trading, OFT, pensions
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NEST should strike while the nappy’s wet
Write off the NEST debt now! Continue reading
Posted in pensions
Tagged Business, DWP, National Employment Savings Trust, NEST, pension, Pension new, royalbaby
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How safe is my pension?
This is one of the five most commonly asked questions I’ve been asked in my time advising members of workplace pensions in the past 25 years. In that time I have only advised on one scheme where members lost their … Continue reading
Posted in brand, pensions
Tagged Actuarial science, Business and Economy, corporate risk, England, Facebook, Government, Insurance, Investing, London, pension, Pension new, Pension Poverty, pensions, Retirement, Steve Webb
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Great British Productivity – a matter of pride
This is the Olympic legacy and it is one we can all share in. Continue reading
For a summer’s day; the river and the racecourse (thx ITM and Lady Lucy)
this calm descends like a blanket of sleep Continue reading
NEST’s ambitious business plan looks doomed
Perhaps the restriction on providing supporting software to enable online on boarding and aE compliance is the one that is most needed of all, Continue reading
Posted in dc pensions, NEST
Tagged Business, dc pensions, de-risking, Defined benefit pension plan, DWP, Employment, Financial services, London, NEST, pension, Pension new, pension playpen, Pension Poverty
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No smugness – NEST’s British
Ultimately, if NEST fails, auto-enrolment fails and if AE fails we have lost, for a generation, the opportunity to genuinely reform Britain’s long-term savings behaviour Continue reading
Posted in NEST, pension playpen, pensions, Personal Accounts
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Time to pull together on Pension Liberation Fraud
The gravity of the situation is reflected by the schemes that the Regulator are now looking at. One scheme alone is though to have “liberated” between £130 and £150m , a good proportion of which is lost for ever as the … Continue reading
Posted in advice gap, pension playpen, pensions, Personality
Tagged Business, Employment, Financial services, liberation, pension, Pension new, pensions, Retirement, Steve Webb, TPR
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