Category Archives: Pension Freedoms

If we change to Private Markets then Private Markets must change too!

For the average saver, news that their investment returns will increasingly be from the private markets is akin to telling car-drivers that they are moving from 4 star (remember that) to unleaded petrol. So long as the pumps are primed … Continue reading

Posted in Bankers, Mark Carney, Pension Freedoms, pension genome, pensions, Public sector pensions | Tagged , , , | 1 Comment

Reappointed Pensions Minister tweets his agenda

Guy Opperman has been confirmed as Pension Minister following the recent reshuffle. This is a good thing for pensions. It should mean that he becomes the longest serving Pensions Minister this century and that his reform plans can be seen … Continue reading

Posted in advice gap, age wage, Pension Freedoms, pension playpen, pensions, Pensions Regulator | Leave a comment

Data in a dungeon

    I’m pleased that Guy Opperman came out fighting for the dashboard when he addressed the Society of Pension Professionals yesterday. He identified two central problems facing the consumer wanting to find out about their pensions. That their data … Continue reading

Posted in advice gap, age wage, open pensions, Pension Freedoms | Tagged , , , , , , , | Leave a comment

If payroll can integrate to our pensions, why can’t we?

Cast your mind back to the back end of 2012 when the big retailers and banks were staging auto-enrollment. The big employers were spending hundreds of thousands of pounds re-coding their payroll software or were ransoming themselves to “middle ware” … Continue reading

Posted in age wage, Payroll, Pension Freedoms, pensions, Sage | Tagged , , , , | Leave a comment

Opperman – pensions are for the long term

  It was good to see Guy Opperman speaking at Professional Pensions Live. This is my take on his speech and the direction of Government pension’s policy as we come out of lock-down and into the summer recess! Recently Guy¬† … Continue reading

Posted in advice gap, age wage, Dashboard, open pensions, Pension Freedoms, pensions | Tagged , , , , , , | 1 Comment

A gentler way to talk about pensions

  Yesterday afternoon I had a chat with Glyn Jenkins. Most of my conversations with Glyn over the years have been in the bar of Unison’s Marylebone’s offices. Glyn is old school and that means he prioritises people. This chat … Continue reading

Posted in advice gap, Pension Freedoms, pensions, Personality, Public sector pensions | Tagged , , , , | 1 Comment

The pension must go on

As we all work in our individual way from our individual workplaces, it’s hard to see the big picture – we see plenty of trees but not the wood. Pensions are not about us but about the people who get … Continue reading

Posted in advice gap, age wage, auto-enrolment, dc pensions, de-risking, Liability Driven Investment, Pension Freedoms, pensions | Tagged , , , , , , , | Leave a comment

“If you want a do-it-all dashboard – you’ll have to wait a decade”.

Speaking at an AgeWage/FDATA event last night, Romi Savova told a packed house that the MAPS dashboard could do little more than find people’s pensions with the detailed information we need to take decisions on our pots delivered off-dashboard via … Continue reading

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A progressive way to talk about pensions

A progressive approach to workplace pensions Yesterday I talked about the importance of reporting, both to and from employers. Employers want to understand how their workplace pension is working and savers want to know how their money is doing. The … Continue reading

Posted in Payroll, Pension Freedoms, pensions | Tagged , , | 2 Comments

How are your staff’s pensions getting on?

  If you remember back to the mid part of this fading decade, one of the issues facing the 1.4m employers who had to stage auto-enrolment, was which workplace pension to choose for your staff. If you were part of … Continue reading

Posted in age wage, open finance, Payroll, Pension Freedoms, pension playpen, pensions | Tagged , , , , | Leave a comment