Category Archives: Management
Right direction – wrong speed! Defining a “good” workplace pension.
I like the rhetoric, what the DWP and tPR are saying is going in the right direction, I hope they can keep their foot to the floor so that companies and trustees staging next year can get it right first time. Continue reading
Why the DC “game is up” for the active fund managers
Like landed salmon , they flap around on the bank, hoping they may get thrown back in the water. Continue reading
A defined ambition scheme that would work
Members want two things from their pensions, a decent retirement when they knock off work and certainty that they’ll get it during their working lives. It is extremely expensive to achieve these things and beyond the means of most people. If … Continue reading
Opt-outs triggered by smartphones say Legal and General!
Speaking at a private conference for First Actuarial staff, Adrian Boulding said that Legal and General‘s clients were enthusiastic about their staging experience and he went on to suggest that members were much more ready to get information and transact digitally than his firm … Continue reading
Offshore payroll companies – a (pensions) scandal in the making?
Last night’s documentary on @bbc5live has unearthed a potential pensions scandal that should have the Pension Regulator and the DWP springing to action. The problem is this. The Agencies that have supplied teachers and apparently social workers to (local) Government have been … Continue reading
Tesco v Morrisons – a pension-enrolment showdown
The Government officials charged with monitoring the success of auto-enrolment will no doubt be watching with interest the reported numbers enrolling into the Morrison’s and Tesco’s pension arrangements. Both organisations have opted to provide their “eligible jobholders” with defined benefit pensions; the … Continue reading
How will employers chose their pension plans?
As everyone should now know, employers are going to have to provide a pension plan and some money to fund their staff’s retirement. The rules and guidance are complex but the idea is simple – “you’re in”. But “in” to what. … Continue reading
People with long eyes
“People with long eyes” This is what some native Americans called the scientists setting up a telescope in the mid-west desert; the phrase gave Lucy Winkett’s sermon at the St Paul’s Schools John Colet Day its theme. I sat and listened with long ears … Continue reading
Scale and scalability- why L & G is the cuckoo in the Nest.
NEST is a pensions white-elephant and at £300m, the most expensive animal in the zoo Continue reading