Category Archives: auto-enrolment

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

Posted on October 11, 2018 by

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!

Posted on October 5, 2018 by

  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 →

Posted in auto-enrolment, pensions | Tagged , , , , , , , , | 3 Comments

Auto-enrolment; a national exercise in trust.

Posted on September 21, 2018 by

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 →

Posted in auto-enrolment, pensions | Tagged , , , , , | 2 Comments

Will complacency infect auto-enrolment too?

Posted on September 13, 2018 by

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 →

Posted in auto-enrolment, pensions | Tagged , , , , | 1 Comment

“Green pensions” consultation gets record response.

Posted on September 12, 2018 by

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 →

Posted in auto-enrolment, Dashboard, dc pensions, pensions | Leave a comment

AE – a day of reckoning to come?

Posted on September 11, 2018 by

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 →

Posted in auto-enrolment, BSPS, Dashboard, pensions | Tagged , , , , | Leave a comment

The dashboard is dead – long live dashboards!

Posted on September 4, 2018 by

  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?

Posted on August 8, 2018 by

  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!

Posted on August 3, 2018 by

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

Posted on July 7, 2018 by

“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