Monthly Archives: October 2015

Update from the Pensions Regulator on pension auto-enrolment

I’m sharing the update that the Pension Regulator has sent us. It really is good to see this stuff coming through and I’m looking forward to incorporating a lot of this material into our training to employers , payroll agents … Continue reading

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If not CDC – what?

CDC – flawed in conception Steve Webb told me that when he spoke with Andrew Young, the former Government Actuary for the DWP, Andrew advised him to “think big”. Steve did and he will be remembered not just for the … Continue reading

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Making “PLSA” more than a name-change.

“What’s the point of disruption?” This is the kind of exam question that I’d love to answer. Just sit me down in some massive gymnasium with a pen and paper and I’d hand you back 2000 words an hour later which … Continue reading

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Easy on the baloney – Baroness!

The DWP’s official line on CDC is that it would be a change too far for a pension industry struggling to deal with change. This from a Government about to radically simplify the taxation system.  ..we have decided that the … Continue reading

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A day of pension “not news”

After 6 months of not saying anything at all, the Pension Minister, yesterday broke wind and knocked two of Steve Webb’s pipe-dreams on the head. In the latter days of Webb’s reign as pension minister, he had retired to his … Continue reading

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CDC -RIP

We are sorry to announce the recent death of collective defined contribution pensions after a short illness following their birth in the Pension Scheme Act 2015. Cases of infant mortality are thankfully rare in Britain these days and for a … Continue reading

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Hey Treasury – leave TPAS alone!

  Along with the consultation on the Financial Advice Market Review, the Treasury sneaked out another consultation this week on publicly funded financial guidance. The term “Public financial guidance” has the kind of resonance offered by “public convenience” – it … Continue reading

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How about supporting transparency (guest blog by Ralph Frank)

The financial services industry does not generally enjoy high levels of trust despite it being an integral part of everyday life.  There seems to be a self-perpetuating cycle of suspicion caused by nefarious conduct being compounded by public redress of … Continue reading

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Pro Bono – remember that? Hat’s off to ICPA and QTAC

I’ve been blogging recently about failure The failure of the Investment Association to align itself with the interests of its ultimate customers- consumers The failure of the NAPF to engage with employers not in the club (namely the 1.8 m … Continue reading

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Where can I stick my input to #FAMR?

The FCA have called for input on their Financial Advice Market Review Its big idea hinges on this statement the advice gap should be regarded as any situation where consumers cannot get the form of advice that they want on a … Continue reading

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