Category Archives: NEST

The Pension Industry cannot serve two masters

Posted on October 13, 2014 by henry tapper

Pensions are at a crossroads. For 30 years they have been travelling in the direction of the financial services and we could continue that direction of travel. We could turn left and go Dutch or turn right and adopt the American … Continue reading →

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

Young People and Pensions

Posted on October 11, 2014 by henry tapper

This is a blog by Vivi Friedgut of @blackbullion; she is also responsible for the picture and its contents!   Pensions don’t make for the most thrilling conversations. Like verrucas, funerals or the dream you had last night, talking about … Continue reading →

Posted in advice gap, annuity, corporate governance, dc pensions, NEST, pension playpen, pensions | Tagged , , , , , , , , , , , | 1 Comment

One million employers buying pensions in the dark.

Posted on August 15, 2014 by henry tapper

I am comfortable with the interventions by Government in the sales side of workplace pensions. The DWP’s minimum standards legislation is progressing well and we look forward to seeing some secondary legislation in September. The Treasury’s work transforming the choices … Continue reading →

Posted in accountants, auto-enrolment, DWP, NEST, now, Payroll, pension playpen, pensions, Start ups | Tagged , , , , , , , | Leave a comment

Good pensions need good bosses!

Posted on August 4, 2014 by henry tapper

. My friend Steve Bee has produced a marvellous cartoon this morning. The need to save between 15 and 20% of lifetime earnings hasn’t changed. The numbers being crunched to come up with the 17.5% recommended lifetime contribution rate should … Continue reading →

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A buyers guide to auto-enrolment software

Posted on June 19, 2014 by henry tapper

Some initial thoughts Auto-enrolment software exists to automate the processes your company needs to establish to stage and maintain auto-enrolment. For most employers it is another payroll headache (along with RTI) that needs a purchased solution. Normally companies purchase on … Continue reading →

Posted in accountants, advice gap, annuity, auto-enrolment, middleware, NEST, now, Payroll, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , | 2 Comments

Advisory mastertrusts? – Nein Danke!

Posted on May 22, 2014 by henry tapper

  There are now over 70 master trusts in the UK.  Everyone agrees that most are and will remain sub-scale. This is a concern to a risk-based Pensions Regulator and to others keen to restore public confidence in pensions. The … Continue reading →

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How I want my hard-saved earnings – thoughts on a walk!

Posted on May 5, 2014 by henry tapper

  Not many people fantasize about the letter they will get from their workplace pension provider when they get to the point they can start spending their hard- saved earnings. As I made my way around Studland Bay, Old Harry … Continue reading →

Posted in advice gap, annuity, Bankers, Blogging, CDC, dc pensions, defined aspiration, FCA, Financial Conduct Authority, NEST, pension playpen, pensions | Tagged , , , , , , , , , , , , | 4 Comments

21st Century Retirement Income Update

Posted on April 23, 2014 by henry tapper

  Well here I am in a Village hotel under the M1 seven miles south of Leeds to chair a day long conference on the opportunities for financial advisers from George Osborne’s Budget Changes (the photo is the lovely view … Continue reading →

Posted in corporate governance, First Actuarial, NEST, pensions | Tagged , , , , , , , , , , , , , , , , | 1 Comment

“Nest’s auto-enrolment -innit!” – “no it ain’t!”

Posted on April 22, 2014 by henry tapper

  Auto-enrolment and NEST are synonymous to many. Hugh Pym, the BBC’s chief economic correspondent  told me he thought you could only auto-enrol into NEST and the mistake was repeated by Rachel Burden this morning on auto-enrolment. Rachel told the listeners … Continue reading →

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