Thanks. "The crucial difference, however, is that the ISA withdrawal is not a loan." As the two article links confirm,…
www.nber.org/system/files/working_papers/w32828/w32828.pdf While there is good evidence for automatic escalation in the US, it is not as powerful as its advocates…
"To what extent do minimum AE contributions need to increase? It would be good if everyone had contributions into DC…
Except they’re not saving into a pension, Minister unless we convert all those pots to CDC and give them what…
Monthly Archives: August 2014
One million employers buying pensions in the dark.
I am comfortable with the interventions by Government in the sales side of workplace pensions. The DWP’s minimum standards legislation is progressing well and we look forward to seeing some secondary legislation in September. The Treasury’s work transforming the choices … Continue reading
Posted in accountants, auto-enrolment, DWP, NEST, now, Payroll, pension playpen, pensions, Start ups
Tagged PensionPlaypen, pensions, Policy, Politics, Pot, Pot-follow-member, The Open, The Pensions Regulator
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The instructive tale of Freddy Flumper and Tony Lamborghini
As I didn’t dare hope, the Treasury continue down the pension reform fairway. Having hit a 325 yard drive into position A with their Budget reforms, they’ve hit a 275 yard second to the heart of the green with ‘uncrystallised … Continue reading
The FCA and Social Media (Canute II)
The FCA have set out their policy on social media which concentrates on the use of Twitter. It is worth a read, if only to establish why the supervision of the internet is as feasible as Canute’s supervision of the … Continue reading
Posted in FCA, pensions, social media
Tagged Business, Employment, Facebook, Financial services, linkedin, pension playpen, pensions, social media, twitter
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Consultation response Proposal for a retirement adviser directory
First Actuarial provides financial education in the workplace. This is paid for by fees by employers wishing to promote financial well-being and the use of the employee benefit plans in place. Typically these are a mix of pensions, share schemes … Continue reading
Posted in pensions
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Flump!
A new word was coined yesterday in the lexicon of pensionology – Flump! Credit must go to Will Robins of CityWire and Claire Trott of Talbot and Muir. @Claire_L_Trott and I are pioneering 'Flump' instead of UFPLS for the unsecured … Continue reading
Posted in Flump, pensions, Personality
Tagged Business, Citywire, cute, DWP, Employment, Financial services, Flump, Fund, kittens, pension, pensions, Puppies, Will_Robbins
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Pension PlayPen makes Pitch 100
In a contest to find Britain’s top small business, a website helping small businesses to get advice on the choice of their workplace pension has been shortlisted! http://www.pensionplaypen.com only began trading in November 2013 but is already the market … Continue reading
Pension schemes can learn from occupational health data.
It’s long been known that the best way of valuing the pension liabilities of the employees of a company is to look at historical data of previous generations as a starting point. The class of 2004, 1994 or even 1954 can teach … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Data, Health, morbidity, mortality, occupational, occupational health, records
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Auto-enrolment’s tactical- pensions are strategic
The old questions “are you managing your business or is your business managing you?” and “fail to plan, plan to fail” are annoyingly true- annoying because they are business clichés and doubly annoying as they remind us of the … Continue reading
Why the IMA are so wrong about fund research.
There had been signs that the Investment Management Association (IMA) was at last coming to terms with the needs of consumers and those who advise them to reveal the cost of owning their funds. In May , Daniel Godfrey- its … Continue reading
Posted in annuity, pensions
Tagged Banks, Business, Dealing, Employment, Financial services, Funds, Government, IMA, pension, Research, Retirement, Spreads, Steve Webb, Transactions
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Five signs that your workplace pension may not be in good hands!
Recently, I published a list of workplace pensions that had quite recently been available to staff, the list has been added to by readers who’ve come across others. The blog is here. A pension is for life, not just to … Continue reading
Posted in pensions
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I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…