Category Archives: NEST

Is honesty contagious? More on pension charges.

Posted on August 13, 2012 by henry tapper

I’ve just read an excellent blog by Alastair Conway of Cofunds published on FT Advisor. It deals with the issues IFAs are facing as they enter the new world formed by the Retail Distribution Review and focusses on the adoption … Continue reading →

Posted in auto-enrolment, Change, dc pensions, NEST, pensions | Tagged , , , , , , , | Leave a comment

Too important to hide;- why the Government has to investigate pension default charges

Posted on August 8, 2012 by henry tapper

LCP, the pensions consultancy, yesterday published its first DC Fees Survey and very good it is too. It confirms what we knew, that the investment fees and charges for some DC funds are not transparent, that they can be as much as 100% … Continue reading →

Posted in actuaries, annuity, auto-enrolment, Bankers, Change, corporate governance, customer service, dc pensions, de-risking, happiness, Henry Tapper blog, NEST, pension playpen, pensions, Popcorn Pensions, Treasury | Tagged , , , , , , , , , | 10 Comments

Savvy punters will drive down pension charges.

Posted on July 21, 2012 by henry tapper

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

Auto-enrolment – working out who does what.

Posted on July 8, 2012 by henry tapper

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

Payroll strikes back!

Posted on July 4, 2012 by henry tapper

While the DWP consultations on auto-enrolment was going on , I had a nagging feeling in my stomach, like you do when you vaguely remember there’s something you’ve promised but haven’t delivered – but you can’t remember what it was. At … Continue reading →

Posted in auto-enrolment, Bankers, dc pensions, de-risking, defined aspiration, NEST, pensions, Personal Accounts, Public sector pensions | Tagged , , , , , , , , , , , , | 3 Comments

Thank RBS for a Pension and Payroll lesson .

Posted on June 26, 2012 by henry tapper

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

Japanese Knotweed – the spread of passive defaults.

Posted on June 23, 2012 by henry tapper

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 →

Posted in dc pensions, Financial Education, NEST, pensions, Popcorn Pensions, Retail Distribution Review | Tagged , , , , , , , | 7 Comments

500,000 pensioners who will get no help from the Government.

Posted on April 27, 2012 by henry tapper

If you have purchased an annuity in the past three years of are likely to purchase one in the next three years you will be buying into pension conversion rates artificially depressed by the Government‘s quantitive easing program and by insurance … Continue reading →

Posted in Change, corporate governance, dc pensions, defined aspiration, NEST, Retirement, Treasury | Tagged , , , , , , , | 6 Comments

The Spurious Certainty of Chicken Licken

Posted on April 24, 2012 by henry tapper

There are two certainties – death and taxes; oh – add to that a pension in payment! Or so the officers of the DWP , the Government Actuary and the Pensions Regulator would have it. GAD tried to knock the idea … Continue reading →

Posted in annuity, dc pensions, de-risking, defined aspiration, Management, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , | 126 Comments

Steve Webb needs hard cash for his defined ambitions.

Posted on April 9, 2012 by henry tapper

Steve Webb needs more than “ambition” to sort out disillusion with pensions. Continue reading →

Posted in Financial Education, happiness, NEST, pensions | Tagged , , , , , , , | 12 Comments