Category Archives: Financial Education
“The Employer’s Duty”
We talk blithely of the employer’s duties as if these obligations were pre-ordained. Economic Liberals may ask how we got to a world in which the Pension Regulator can issue a document entitled “Employer Duties and defining the workforce – an … Continue reading
Posted in actuaries, Bankers, dc pensions, Financial Education, FSA, Henry Tapper blog, leadership, Management, pension playpen, pensions, poetry, Popcorn Pensions
Tagged Business and Economy, DWP, Employment, Financial services, Government, National Employment Savings Trust, pension, William Blake
6 Comments
Does your pension scheme need advice?
WARNING- THIS BLOG CONTAINS A SHAMELESS PLUG FOR OUR SERVICES! (transparent as always!) I’m travelling up to Nottingham this morning to talk to Employers and Trustees who are asking themselves “Does our pension scheme need advisers”. Meeting similar groups recently, the answers I’m … Continue reading
Posted in actuaries, annuity, auto-enrolment, Change, customer service, dc pensions, de-risking, defined aspiration, Financial Education, FSA, happiness, leadership, Linkedin, mallowstreet, Popcorn Pensions, Retirement, social media, Treasury
Tagged Business, Company, Employment, Fee (remuneration), Insurance, National Employment Savings Trust, Nottingham, pension
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An amnesty on pension charges is not the answer!
It seem that Aviva are to review the legacy charges on pension charges. Tom Mcphail is calling for a general amnesty on charges that hints that there is currently a “charges war”. There isn’t a charges war Tom, if there was … Continue reading
Why we mustn’t let the Royal Mail “pension solution” become a precedent
In Pension Age’s May edition, Paddy Briggs argued that the member’s best interests were not being served by the Government’s “sequestration” of the assets of the Royal Mail’s pension fund. Roger Turner produced a cogent riposte in your July/August issue … Continue reading
Send in forensic actuaries to sort out these “rip-off” pensions!
Spookily, a couple of hours after I’d published yesterday’s blog about how the DWP had ducked the dodgy question of how to sort out legacy pension charges, Steve Webb, the Pension Minister issued an appeal to the pensions industry to … Continue reading
Heard the one about the actuary, the investment consultant, the IFA and the lawyer?
At precisely the same time, the Pension Play Pen debated the relative value of actuaries, investment consultants, lawyers and financial advisers to Britain’s future pensioners, but in two different towns. These lunches , which have been taking place since 2009, bring … Continue reading
Thank RBS for a Pension and Payroll lesson .
The last few days have not been good for those relying on RBS – be it their own , their employers’ or of their creditors’ RBS bank account. We have become reliant on our banking system and as Robert Peston put it … Continue reading
Posted in auto-enrolment, Bankers, Financial Education, Management, NEST, pensions, RBS
Tagged Accounting, Bank, HM Revenue and Customs, HMRC, Payroll, pension, Real Time Information, Stephen Hester
7 Comments
Sponsor affordability and the use of security
This is an excellent article from my friend Simon Kew who trades as the Pensions Jackal on twitter. The subject may seem obscure but it isn’t – if you are in a Defined Benefit Pension Scheme you should know about … Continue reading
Japanese Knotweed – the spread of passive defaults.
While investment consultants ponder the fifty shades of grey of diversification, I ponder just who , outside a small number of “experts” is prepared to take a decision on the default investment option of a company’s defined contribution pension scheme. This question … Continue reading
The economic history of the world in one little graph
That headline is a big promise. But here it is: The economic history of the world going back to Year 1 showing the major powers’ share of world GDP, from a research letter written by Michael Cembalest, an analyst … Continue reading
Posted in economics, Facebook, Financial Education, twitter
Tagged China, GDP, Gross domestic product, India, Industrial Revolution, Japan, Malthusian Trap, World population
8 Comments