Monthly Archives: April 2016
Aegon’s ICC – treating the customer seriously.
I like Aegon’s IGC Chair report, delivered by top trustee Ian Pittaway. It’s not easy to find and though the report makes numerous references to its readers being its policyholders, I have no idea how a policyholder would stumble across … Continue reading
Posted in IGC, pensions
Tagged Aegon, governance, Ian Pittaway, IGC, pensions, Retirement, Value for Money, workplace pension
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What does milk have to do with saving? Guest blog from Ralph Frank
Milk is the base ingredient for a range of food products. Similarly, money is the base for a range of savings products. The way the milk is treated determines the ultimate form of the food product that emerges. … Continue reading
“Say hello- say goodbye” – the Friends Life IGC
Having spent 7 pages introducing itself and setting out its stall, the Friends Life IGC Chair Statement concludes, 7 pages later; It’s a case of say hello say, say goodbye and I’m afraid that the 7 pages which deal with … Continue reading
“You’ve all done very well” – the Black Rock IGC Chair’s statement
The Pension Plowman published this blog earlier today and mixed up his Allan Whalleys. The Allan Whalley chairing this committee is not the former Mercer/WTW head honcho but the independent trustee and Group Pension Director of Smiths Group. Apologies to both! … Continue reading
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Wanted for listing – IGC/GAA Chair reports
Pension Plowman’s Directory At this week’s Stewardship meeting of the transparency task force, someone asked if there was a Directory of the IGC’s that have been published so far. There wasn’t until then, but I sent round the links of … Continue reading
Posted in IGC, pensions
Tagged Abbey Life, Black Rock, DWP, FCA, Friends Life, IGC, pension, pensions, Phoenix, Prudential, Royal London, Scottish Widows, Standard Life, workplace Pensions
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What does the national living wage mean to pensions?
It’s here, it’s being earned and it matters! The National Living Wage (let’s call it NLW to spare space) is going to be paid to those over 25 and means a 50p an hour pay rise and It is expected … Continue reading
Posted in pensions
Tagged auto enrolment, National Insurance, National Living Wage, National minimim wage, NLW, NMW, pension, pensions, salary sacrifice, Tax
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We’re so not in this together
All in it together….unless of course we opt-out of UK taxation and manage our tax affairs through a Panamanian company which we own through bearer shares. Jolly wheezes for the boys For the past few weeks , Britain has been … Continue reading
Posted in pensions
Tagged Accounting Web, Business, Cameron, Dickie Roper, Financial services, Mossack Fonseca, Night Manager, Panorama, pensions, Retirement, Tax
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Budget blues for Osborne – but not for payroll
This was a blue budget for George Osborne, one that promised much, and delivered little rather less than planned. Things started going wrong three weeks before Budget Day when the Treasury announced that it would not be pressing ahead with … Continue reading
The New State Pension; winners and losers!
Today I am going to be on TV, which is making me nervous-I’m surprised how nervous – I expect it’s the fear of the unknown and it’s about having to make stupid choices (tie/no tie; white or patterned shirt etc). … Continue reading
Posted in pensions
Tagged BBC, BBC news, Business, New State Pension, pension playpen, pensions, Retirement, S2P, SERPS
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