Author Archives: henry tapper

About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman

Your DC pension scheme may be for the chop- here’s why

Posted on September 15, 2020

  Swimming is my new thing and I swim underground in a cave by St Pauls. As I swim along I ponder esoteric things like why the DWP are putting DC schemes with less than £100m in them – in … Continue reading →

Posted in advice gap, age wage | Tagged , , , | 2 Comments

Association of Pension Lawyers dubious about tPR’s DB funding code

Posted on September 15, 2020

      Editor’s note Apologies to the APL and to readers for the poor reproduction of Rosalind Connor’s letter. This is due to the shortcomings of my PDF reading rather than a failure of the APL to correctly format … Continue reading →

Posted in Blogging, later life, leadership | Tagged , , , , , , | 1 Comment

Investing to secure defined outcomes

Posted on September 14, 2020

This is Stuart Fowler‘s first post on this blog. I am very pleased he is sharing this essay which focuses on the difficult challenge of investing for a pension. When I met the Chairman of the FCA I asked him if … Continue reading →

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Why value for money must be assessed on saver’s data

Posted on September 14, 2020

The numbers in the boxes above  show how much value a group of savers have done with £523m invested in their pots. On the face of it, they have got a better return on average (4.75%) than if they’d been … Continue reading →

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Net pay pension problems? – don’t leave them to the Treasury

Posted on September 13, 2020

The headline is misleading, the Treasury are not looking for solutions, they are looking for the long-grass ;  unless people who give a damn , tell the Treasury to pull their finger out, 1.7m low earners will continue to overpay … Continue reading →

Posted in Force for Good, pensions | Tagged , , , , | 2 Comments

“Shape up or shape out” – DWP give small DC schemes one year’s notice

Posted on September 13, 2020

   It is not acceptable for savers to be enrolled in arrangements that do not deliver value in terms of costs, investment returns or secure and resilient governance. Government would expect trustees acting in the best interests of their members … Continue reading →

Posted in advice gap, age wage, DWP, pensions, Pensions Regulator | Tagged , , , , , , | 1 Comment

Weathering the Storm

Posted on September 13, 2020

Iain Clacher & Con Keating As part of our Funding Code research, we searched for academic or practitioner papers covering long-term expected returns forecasts. We were particularly interested in the ex post accuracy of these forecasts. We found none which … Continue reading →

Posted in actuaries, advice gap, age wage, pension genome, pensions, risk | Tagged , , , , , | 2 Comments

Payroll + Pensions = Value for money! Register here for the event of next week

Posted on September 12, 2020

  REGISTER HERE This is going to be by far and away the best webinar you could watch next week REGISTER HERE Hosted with our thanks by the CIPP   For a sneak peak of payroll’s best kept secret – … Continue reading →

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I love payroll and payroll loves me, don’t mind liaising with HMRC

Posted on September 12, 2020

Genius

Posted in Payroll | Tagged , , , | Leave a comment

Savers are denied the right to check their pension statements

Posted on September 12, 2020

Although it feels like winning, this has been a tough few weeks for me and my team as we struggle to get nearly 600 Data Requests sent to pension providers. These have been entrusted to us  via Letters of Authority … Continue reading →

Posted in advice gap, age wage | Tagged , , , , , | 3 Comments