Monthly Archives: October 2015
The savings paradox – a crux of trust!
The more people save, the less we seem to be saving. This seems to be the paradox facing auto-enrolment. And if the doomsters contemplating the impending changes to tax relief are right, not only will auto-enrolment reduce per capita spend … Continue reading
Posted in pensions
Tagged incentives, pensions, saving rates, Tax, trust, workplace Pensions
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How to choose your workplace pension for your staff
The fifth of the Pension Regulator’s ten steps to staging auto-enrolment is for an employer to choose a pension. Recent research by the OFT suggests that employers are not good at this. So they will probably need to take advice … Continue reading
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When organisations believe their own hype
The weird behaviourist thing about Volkswagon’s lack of emissional intelligence is that the “people’s car” is now disowned by its own people. Imagine how proud you must have been to work for VW, remember those proud adverts about the Golf, … Continue reading
State Street and People’s – a lack of “emissional” intelligence?
I am not very happy that People’s Pension has chosen State Street to manage the money under its master trust. In early 2014, State Street were found guilty of over-charging a variety of pension funds and were fined by the … Continue reading
Posted in NEST, pensions, Pensions Regulator, smelly, State Street
Tagged advice, annuity, auto enrolment, babloo ramamurthy, Business, DWP, Financial services, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, Pension Regulator, pensions, People's Pension, Scottish Widows, State Street
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Does “People Power” make for better pensions?
When we know nothing we take advice before deciding… Conventional wisdom tells us that advisers tell employers and employers (or their trustees) tell staff. Staff get what they’re given because bosses know better and advisers know best. But what … Continue reading
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Tagged advice, advice gap, auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Government, nature, pension, Pension new, pension playpen, pensions, Retirement, vacuum
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