Category Archives: auto-enrolment

Will “DC deficits” become a thing of the past?


News of HMRC’s “change of position” with regards the “net-pay- anomaly” is welcome, and long overdue. It came in the form of a letter sent in response to a request from respected journalist Jo Cumbo of the FT. Govt to … Continue reading

Posted in advice gap, annuity, auto-enrolment, pension playpen, pensions | Tagged , , , , , , | 2 Comments

Play “Stick or twist” in the workplace pension lottery!


  If you changed jobs, would you prefer to stick with your current workplace pension or join your new employer’s scheme (leaving a little pot behind you)? It’s a tough choice, and the more you think about it, the tougher … Continue reading

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Auto-enrolment; a national exercise in trust.


I like to tease Jo Cumbo that she can trust no-one because of her heritage! This blatantly xenophobic comment is based on a British prejudice that Australians find compulsion acceptable as compliance is in the blood. A second prejudice, that … Continue reading

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Will complacency infect auto-enrolment too?


Since auto-enrolment works on the “least said the better” basis, there is a temptation for people involved in its supervision to take Ronan Keating’s advice – “you say it best- when you say nothing at all”. But complacency is what got … Continue reading

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“Green pensions” consultation gets record response.


According to my sources at DWP, the consultation on how trustees of DC occupational pensions (including master trusts) listen to members views on “matters green” got record numbers of respondents – over 3,500. Apart from the consultation on pension  following the British … Continue reading

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AE – a day of reckoning to come?


More of us are saving, but we aren’t saving any more. The democratisation of pension saving – arising from auto-enrolment is a great thing – everyone can dare to dream of stopping work under their own power. But there is … Continue reading

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The dashboard is dead – long live dashboards!


  The following statement was made by Simon Kirby, then a Treasury Minister , in my presence on 12th September 2016  I think there are three main principles that must underpin (the dashboard’s) whole design. Firstly, it will need to be open. No single … Continue reading

Posted in advice gap, age wage, auto-enrolment, Bankers, Big Government, pensions | Tagged , , , , , , , | Leave a comment

How can savers be encouraged to engage with their savings?


  This is the 4th of eight blogs considering the questions put to us by the Work and Pensions Select Committee. Today’s exam question… How can savers be encouraged to engage with their savings? Quick answer; either we can convince … Continue reading

Posted in auto-enrolment, pensions, WPC | Tagged , , , , , , , , | 7 Comments

NOW!; that’s what I call bruising!


NOW; the muscly mastertrust with over 1.5m  members, isn’t taking Pension Bee’s stinging assessment lying down. Rob Booth, has gone to some trouble to put the other side of the story. As a bag-carrying NOW fan – I’m torn – because … Continue reading

Posted in advice gap, auto-enrolment, now, pensions | 1 Comment

Who’s fooling whom – on workplace pensions


“We all have one- we all know who chose it, but none of us know why?” In the 19th century, when riddles were popular, this would have been counted an interesting question. Riddling could make a comeback on social media … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , | 4 Comments