Monthly Archives: August 2017
Don’t take micro employers for granted; Auto-Enrolment depends on them.
Apprentice levy ≠auto-enrolment! Blink and you miss it but at around 35 minutes into this morning’s “Wake up to Money” Mickey Clarke suggests to Suzanne Miller that Pitch and Canvas her start-up glamping business didn’t have to worry about auto-enrolment! He confused the Apprentice … Continue reading
Posted in pensions
Tagged auto enrolment, glamping, Micro-employer, pensions, SME, Suzanne miller
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Which finds only 23% of us trust our pension
A Which survey has found that less than a quarter of consumers — 23 per cent — said they trusted long-term financial products, such as pensions. Speaking to Jo Cumbo of the FT, Gareth Shaw – Head of Which? Money … Continue reading
A Pension Food Bank for the DC saver
Ok – so it’s not a big news week for pensions , but well done Jack Gilbert of Citywire’s New Model Adviser for getting a meet with Frank Field, and well reported on what I can only call a “welcome … Continue reading
Posted in accountants, actuaries, Pension Freedoms, pension playpen, pensions
Tagged new model adviser, Pension Freedoms, pensions, The Pensions Regulator
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The risks small employers run with workplace pensions
In yesterday’s blog, where I talked about the “Scally duty” on an employer to provide staff with pension information, created a lot of traffic on “social media”. Some of this may be down to it being a quiet week in … Continue reading
Posted in accountants, pensions, trustee
Tagged Obligation of Good Faith, pensions, Scally, Scally duty, workplace penson
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“We dislike pensions but we don’t distrust them”- thoughts from comrade Gregg!
One of the pleasures of living in the City of London is the early evening beer with City slickers. City slicker Gregg McClymont and I had a pint or two in the Fine Line last night and caught up after … Continue reading
Posted in actuaries, pensions
Tagged CDC, Gregg McClymont, John Ralfe, money marketing, pensions, Scheme Pensions
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Deficit – what deficit?
“Deficit – What deficit?” asks First Actuarial as the FAB Index climbs for the third month in a row First Actuarial’s Best estimate (FAB) Index improved for the third month in a row, showing a month-end surplus … Continue reading
Posted in First Actuarial, pensions
Tagged assets, Best estimates, FABI, first actuarial, liabilities
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Put the customer first – help the pot follow member
I have recently been passed the slides of the PLSA?ABI+++ workshop on creating a common way for pension pots to follow members. You can find them here. What a mess we are making of something so very simple! Here is … Continue reading
Posted in accountants, actuaries, auto-enrolment, pensions
Tagged NEST, NOW Pensions, Origo, pensions, Pensions Bee, Pot follows member
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Small employers are sorting the pension problem – but they need some help!
There are a lot of organisations taking the credit for auto-enrolment and it’s true it has worked because Government , providers and business advisers have worked together. But the heavy lifting has been done by getting on for a … Continue reading
Posted in auto-enrolment, Big Government, pensions
Tagged auto enrolment, pensions, Pensions Regulator, Sage, Technology, The Clash
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It’s the most decent people getting scammed
One of the most common things you hear from those who have been ripped-off is a sense of personal guilt. Often this is a stronger emotion than anger. Why people should feel guilty about their gullibility cannot be answered using logic. … Continue reading
Posted in pensions
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