Category Archives: Management

Maybe consumer cynicism about pensions is right..

I want to restore faith in a pensions system we were once proud of. Yesterday I wrote about the Plumbing and Mechanical Services Pension Scheme – which you can read about here. Today I am praising a brilliant pamphlet published by … Continue reading

Posted in dc pensions, defined aspiration, Financial Education, Management, pension playpen, pensions, Retirement | Tagged , , , , , , , | 11 Comments

Do self-employed “workers” know their pension rights?

The self-employed have been marginal to Pension Reform. An obscure section of the 2008 Pension Act makes it possible for them to take part in NEST, however NEST do not advertise they can receive self-employed contributions and I’d be surprised if they have … Continue reading

Posted in auto-enrolment, dc pensions, infrastucture, Management, Payroll, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 3 Comments

So you want better pensions?

I’m going to Holland next week to talk to European Fund Managers about how they engage with the UK DC market, it could be a short presentation. Ironically, the Dutch  pension system is delivering 50% more pension – per pound … Continue reading

Posted in annuity, auto-enrolment, Change, Management, Martin Lewis, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 9 Comments

“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 , , , , , , , | 6 Comments

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

Posted in Fiduciary Management, Financial Education, Management, pensions, Public sector pensions, Royal Mail | Tagged , , , , , , , | 2 Comments

Savvy punters will drive down pension charges.

Inefficient markets – don’t you just love ’em! We all love a bargain whether at the local boot or in the stock market. There was a time when I believed I could pick a stock or a horse and beat … Continue reading

Posted in auto-enrolment, Bankers, dc pensions, defined aspiration, economics, Horse racing, leadership, Management, Martin Lewis, NEST, pensions, Retail Distribution Review | Tagged , , , , , , , , , , | 6 Comments

The 6 People You Need in Your Corner

I voted for the Taskmaster Continue reading

Posted in Consolation, leadership, Management, social media | Tagged , , , , , , , , , | Leave a comment

Auto-enrolment – working out who does what.

The hard part in establishing a process to stage auto enrolment and manage it each payroll period is not working out what needs to be done. Process maps exist that will help you understand the scope and complexity of the task. It’s the … Continue reading

Posted in auto-enrolment, customer service, de-risking, FSA, Management, NEST, pensions, Personal Accounts | Tagged , , , , , , , , , , | 3 Comments

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 , , , , , , , | 7 Comments

Good boss / bad boss

1. Business is a playground, not a battlefield. Average bosses see business as a conflict between companies, departments and groups. They build huge armies of “troops” to order about, demonize competitors as “enemies,” and treat customers as “territory” to be … Continue reading

Posted in Management | Tagged , , , , , , , | 3 Comments