Category Archives: auto-enrolment

Don’t get strung up on pension ministers!


News that Richard Harrington is leaving his post as Pension Minister for BEIS shouldn’t surprise readers of this blog. The move had been heavily flagged in the DWP and tPR even before the election, @Richard4Watford put “pensions first” for his … Continue reading

Posted in advice gap, auto-enrolment, pensions, Politics | Tagged , | 3 Comments

The past, present and future of Pensions #autoenrolment


On Wednesday , at 5pm , I’ll be explaining these slides at Accountex 2017 – a talk generously sponsored by the Chartered Institute of Payroll Professionals. It’s going to be a fun, provocative and I hope instructive talk and I’m … Continue reading

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

NEST’s dirty laundry on the line!


  Thanks to First Actuarial for producing this chart for this blog. Here’s how to read In 2010 when NEST opened , it had no assets – it  had quite a lot of debt (£134m* from setting up days as … Continue reading

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

Time to dig this Government out of its hole?


Tax, national insurance and pensions policy should be put in a vault marked “toxic” and should be handled with extreme caution. This morning I have three toxic issues to prove my point. The fiasco of announcing an increase in national insurance … Continue reading

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

John Ralfe, Ros Altmann and the cost of central heating.


John Ralfe kindly promoted my article on the lack of diversity in the AE review. The AE review and the pension stitch up. https://t.co/8585n7hOEL via @henryhtapper is spot on — John Ralfe (@JohnRalfe1) February 11, 2017 //platform.twitter.com/widgets.js Responsible John By … Continue reading

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

These are the Good Times for savers and investors!


  It is very rare that savers get told they’re “having it good”, but if you’re saving into a workplace pension default , you’ve just had a great 12 months. I’m looking at a piece of paper that tells me … Continue reading

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

We do not need another consultation on costs and charges.


A report in Professional Pensions that we are to get yet another consultation on costs and charges fill me with gloom. As the report points out, we have two consultations on the subject – in progress. They follow an exhaustive call … Continue reading

Posted in accountants, actuaries, advice gap, auto-enrolment, pensions | Tagged , , , , , , , | Leave a comment

Seasonal workers have as much right to a workplace pension as any others!


I am surprised and disappointed in the National Farmers Union, lobbying to release farmers from paying auto-enrolment contributions to short-term “seasonal” workers. We are in danger of opening the flood gates here to every part of the gig economy that … Continue reading

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

Where next for “value for money”?


  Value for Money is the holy grail for the fiduciaries of workplace pensions. In this article I outline how the providers of workplace pensions are going about establishing value for money and looking at ways to improve things in … Continue reading

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

“Famine or feast pensions”- demand advice is better spread.


Where you work not how you work determines your pension prospects. If you choose to work for a blue chip company or for the Government you can expect at worst a high contribution to a workplace pension and at best a … Continue reading

Posted in accountants, actuaries, advice gap, auto-enrolment, pensions | Tagged , , , , , , , , , , , | Leave a comment