Category Archives: DWP

What do savers and pensioners say on climate change?

  Three events have dominated my news this week The impact of Coronavirus on people, events and financial markets The ruling against Heathrow’s third runway interventions by the DWP to ensure schemes measure and mange their carbon footprint. The arguments … Continue reading

Posted in age wage, DWP, ESG, pensions | Tagged , , , , | 6 Comments

DWP’s blooper – find, forgive and forget.

As Twitterstorms go – it wasn’t in the Dennis or Ciara category, but this video put out by the DWP has got some notable tongues wagging I wouldn’t expect much nuance in a video for Twitter, but “your funds grow … Continue reading

Posted in age wage, DWP, pensions | Tagged , , , , | Leave a comment

Why delays in dashboard delivery hit the worst-off hardest

  This blog looks at how the information from the pensions dashboard could help those on low incomes with low savings and it focusses not on how they save, but how they spend their savings. I had hoped , following … Continue reading

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

MAPS frustrate

  It’s been a frustrating year for the Money and Pensions Service – MAPS and for businesses that hoped to work with it. When John Govett was revealed as its new CEO this time last year, I wrote confidently of … Continue reading

Posted in advice gap, age wage, DWP, pensions | Tagged , , | Leave a comment

DWP – should the top topple when the spinning stops?

I can’t remember another occasion when a Government department was stopped from lying to the people it serves by a Government agency. But that is what happened yesterday. The fact is that the Advertising Standards Agency has banned four of the … Continue reading

Posted in advice gap, DWP, pensions | Tagged , , , , | 6 Comments

Get to gnome your pension.

I’m very pleased that my friends at the DWP have asked me to promote their new social media campaign designed for us to get to know our pensions. These clever people have sent me a link that allows me to … Continue reading

Posted in advice gap, age wage, Dashboard, dc pensions, DWP, pensions | Tagged , , , | 2 Comments

NEST, technology and personalisation

I really admire this Rowlands chap. I’ve know him for the best part of 30 years and in all that time he has never been anything but a gent. He’s now a Director at NEST and I urge you to … Continue reading

Posted in advice gap, age wage, dc pensions, DWP, FCA, Financial Education, NEST, pensions | Tagged , , , , , | Leave a comment

The curfew tolls the knell of small DC

I was a bit churlish in yesterday’s blog to the DWP who – on re-reading – have produced an excellent paper outlining the advantages of incorporating social purpose into the DC funds we default to. I urge you to read … Continue reading

Posted in advice gap, dc pensions, DWP, pensions | Tagged , , , , , , | 1 Comment

The DB white paper consultation- is it a scam, a closed shop or just a cock-up?

      As one of the DWP’s “stakeholders”, I got this message in my inbox yesterday. “I wanted to make you aware that the DWP has published a consultation for A Stronger Regulator today covering elements of its White … Continue reading

Posted in DWP, pensions | Tagged , , | 2 Comments

The DWP sticks to its guns on disclosure

Disclosure of costs, charges and investments in DC occupational pensions Government Response The DWP have fulfilled on their promise to provide a disclosure framework for occupational  DC pension schemes. From April 2019, anyone in a DC workplace pension will be … Continue reading

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