Category Archives: club pension
What’s this charge cap really going to cost? (1000th blog)
Ringing out the old and ringing in the new should be managed with a little more responsibility than the approach adopted by the DWP through their dodgy Impact Assessment Continue reading
Do employers have a duty of care to their staff when they retire?
If you take the Daily Express, you will have been reading a series of front page headlines about “rip-off pensions”. Here’s this Thursday’s edition http://www.express.co.uk/news/retirement/423869/Millions-hit-by-scandal-of-pensions-rip-off . The argument is based on some recently released figures “A 65-year-old with average pension … Continue reading
Posted in advice gap, annuity, auto-enrolment, brand, club pension, customer service, dc pensions, pensions
Tagged annuity, Business and Economy, Government, Investing, Liability Driven Investment, Life annuity, National Employment Savings Trust, pension playpen, Pension Protection Fund, pensions, public sector, Public Sector Pensions, Steve Webb
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Why bother to save? – Invest instead!
What this policy is about is getting people to invest in real assets for the best interests in society Continue reading
Posted in annuity, auto-enrolment, Bankers, Change, club pension, Management, Mark Carney, pensions, social media, workplace pensions
Tagged BOE, Business, Business and Economy, Defined benefit pension plan, Employment, Fiscal, Government, Human Resources, Inflation, Insurance, interest, Mark Carney, monetary, National Employment Savings Trust, pension, rates, Retirement
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Thank goodness for that!
Without this open dialogue, we would not have the necessary tension between those who create rules and those who have to meet their costs. Continue reading
Working for the clampdown?
“what are we going to do now?” Joe Strummer asked in 1979. Are we still working for the Clampdown? Continue reading
Some of our insurers are missing
What have all these insurers got in common?
Answer, you can’t buy one of their personal pensions today.
Continue reading
Posted in Change, club pension, governance, pensions
Tagged Abbey Life, Friends Life, Insurance, Irish Life & Permanent, Lloyd, MetLife, Prudential, Standard Life
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Taking meaningful investment choices off the shelf
I’m pleased to hear that NEST is planning to explain its investment plans that everyone can understand.I visited their offices last week and spoke with their chief investment officer about this. I hope that as part of this explanation , he’ll … Continue reading
Seven things to know about the new state pension!
These charts have been kindly donated by Citywire and their New Model Adviser team (to whom we should be very grateful). Each one of them surprised me. I dedicate this little blog to one of my heroes, Barbara Castle. If we … Continue reading
Posted in auto-enrolment, club pension, NEST, pension playpen, pensions, Retirement, steve webb
Tagged Flat rate, Government, National Insurance, pension, Pension Credit, Steve Webb, UK State Pension, White paper
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“Comply or explain” – will “bottom up” regulation work for pensions?
“Comply or Explain” is a phrase that crept into the “corporate governance” lexicon after the 1992 Cadbury report. The idea’s that rather than demand compliance with Government standards, regulators give companies the option to comply or explain why they haven’t. … Continue reading
Posted in auto-enrolment, club pension, corporate governance, customer service, Fiduciary Management, Financial Education, napf, NEST, pension playpen, pensions, Retirement
Tagged Comply or explain, Employment, Government, Martin Lewis, National Employment Savings Trust, pension, Pension Regulator, Regulator
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The Regulator’s right to be cautious about mastertrusts
Over the past two years we’ve seen a number of multi-employer occupational schemes spruced up for auto-enrolment. We’ve seen a number of insurers and asset managers set up as the providers of master trusts. We’ve had a few financial advisers … Continue reading