Category Archives: DWP
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 dc, DC DWP Pension, DWP, ESG, pensions, Responsible, SRI
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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
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 disclosure, DWP, pensions, Technology, Transparency
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Bring back Ros! (with a twist)
Convictions before careers “Social mobility matters to me and our country more than a ministerial career. I’ll continue to work outside of government to do everything I can to create a country for the first time that has equality of … Continue reading
Posted in corporate governance, DWP, pensions
Tagged David Gauke, DWP, Esther McVey, Justine Greening, pensions, Social inclusion
3 Comments
A method for the madness. Is the DWP Select Committee – pension’s best hope?
The diverse agenda of the DWP Select Committee might be considered madness. I am not going to write that their is method in this madness as it’s clear to me that we cannot properly consider freedoms, without looking at CDC for … Continue reading
Posted in drawdown, DWP, governance, Henry Tapper blog, pensions
Tagged Al Rush, CDC, Con Keating, DWP select committee, Frank Field, pensions
4 Comments
A time of trust – not guarantees.
About the time that I was ranting to TISA about the complacency with which we are dismantling the retirement promises made to those who were promised a DB pension based on the years they worked with the company;- this happened! … Continue reading
Posted in CDC, DWP, FSA, Music, pensions
Tagged alex Cunningham, annuity, BHS, BSPS, DWP, FCA, Frank Field, Labour, pensions, Royal Mail, TPR, USS
3 Comments
DWP now leads the way on cost disclosure
What’s this about? In a first-rate document, the DWP have set out radical proposals to allow ordinary people to see and compare the costs their trustees are paying for the investment of their pension money. These proposals go well beyond … Continue reading
Posted in accountants, advice gap, drawdown, DWP, IGC, pensions
Tagged David Farrar, David Gauke, DWP, NEST, NOW, pensions
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Aren’t Employer and Union’s interests aligned at USS?
Adrian Boulding has left a comment on yesterday’s blog that is rather better than the blog itself. As I am on the last day of my holiday in Paris, I will blog the comment and add a few thoughts … Continue reading
Posted in advice gap, DWP, pensions
Tagged Adrian Boulding, Bill Galvin, ft, pensions, UCU, Universities UK, USS
4 Comments
Innovative pensions for the mass of us!
In its Retirement Outcome Review (interim report), the FCA were clear on evidence of a problem The blame lies not with thick consumers but with lack of competition If competition is not working effectively and consumers make uninformed retirement income decisions this could lead to … Continue reading
Posted in advice gap, auto-enrolment, DWP, pensions
Tagged CDC, DWP, FCA, GAD, NEST, pensions, Scheme Pensions, Treasury
8 Comments
Of nuclear deterrents, sledgehammers and nuts – (DWP Select on DB)
The 90 page report on the state of our defined benefit pension schemes is published this morning. From first to last it is the work of Frank Field, it begins with BHS and ends with BHS, the confrontation with Philip … Continue reading
Posted in defined ambition, DWP, pensions, Pensions Regulator, workplace pensions
Tagged Derek Benstead, DWP, FABI, Frank Field, knee jerk, Nut, ppf, Sledgehammer
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