Category Archives: Pensions Regulator
Who’s afraid of auto-enrolment?
Despite the dire warnings – not that many UK employers New research from workplace pensions provider NOW: Pensions reveals that UK small firms are relatively relaxed about auto enrolment and the introduction of the National Living Wage with concerns focussed … Continue reading
Posted in auto-enrolment, NEST, pensions, Pensions Regulator
Tagged auto enrolment, Business, Employment, Financial services, fines, NEST, Payroll, penalty notice, pension playpen, Retirement, Workie
2 Comments
Shutting the stable door?
We probably know more about the solvency of our defined benefit pension schemes than we have ever done. They are subject to rigorous examination by Experian who stress test them for failure to calculate their levy to the Pension … Continue reading
Till we know the “money” – shut up about “value”.
I had a number of meeting yesterday culminating in an afternoon spent with members of the Transparency Task Force (TTF), with the FCA and with certain interested observers. I can report the meeting happened and what was said but … Continue reading
Posted in Management, Pension Freedoms, pensions, Pensions Regulator
Tagged Asset management, assets, Business, charges, costs, Money, Pay, value, Value for Money
Leave a comment
No value without trust- PPI on “value for money”
Yesterday , the Pensions Policy Institute delivered its “Value for money in DC workplace pensions” paper. The report can be read or downloaded from this link The central thrust of which was that “value ” was undervalued and too much … Continue reading
Posted in accountants, pensions, Pensions Regulator
Tagged Pension Policy Institue, Pensions Policy Institute, PPI, TPR, Value for Money, VFM
2 Comments
The Pensions Regulator gives IGCs a new row of teeth.
It’s not enough- not nearly enough – but at last the Pensions Regulator’s beginning to take workplace pensions seriously enough to offer something close to a decent choice for employers staging auto-enrolment. Yesterday , Andrew Warwick-Thompson, head of policy … Continue reading
Upstairs Downstairs RIP -today’s domestic employment market has moved on.
As we grow more affluent – British families are outsourcing many of their domestic duties Many of the employers who will be staging auto-enrolment by the end of decade have no idea they have any duties to provide pensions. They … Continue reading
Posted in auto-enrolment, Payroll, pension playpen, pensions, Pensions Regulator
Tagged autoenrolment, Business, domestic, domestic employment, nannies, nannypay, nannytax, pension, Pensions
2 Comments
The circular firing squad
As civil servants in the DWP enter their building in Westminster this morning , they’ll be walking into an atmosphere that makes the Thick of It look like Play School. A new Secretary of State, Stephen Crabb is in place. … Continue reading
Posted in pensions, Pensions Regulator, Politics, Ros Altmann, steve webb
Tagged Brexit, Business, DWP, George Osborne, Iain Duncan Smith, Justin Tomlinson, Leave, pensions, Politics, Priti Patel, Retirement, Shailesh Vara, Steve Webb
Leave a comment
It’s snowing, I want to stay in bed- I don’t want to work forever!
We are being swamped today by “big questions” about how long we can work and how much we need to save to retire. As I look out of my bedroom this morning there is snow on the banks of … Continue reading
Posted in pensions, Pensions Regulator
Tagged Age UK, Bed, John Cridland, pensions, Work, work pensions, workplace Pensions
1 Comment
So what would a pension exit charge cap look like?
Yesterday I spoke on Money Box in support of a cap on exit fee penalties from legacy personal pensions. Claire Trott spoke well in opposition and I’m quite sure that the ABI will take comfort in her argument that a … Continue reading
Posted in actuaries, dc pensions, Pension Freedoms, pensions, Pensions Regulator
Tagged ABI, advice, Commission, exit fees, exit penalties, FCA, legacy, pension, Regulator, TPR
2 Comments
Confusing intermediaries
Whether we are talking about saving (accumulation) or spending (decumulation) the issue is the same. Continue reading
Posted in auto-enrolment, pensions, Pensions Regulator, Politics
Tagged accumulation, auto enrolment, deals, decumulation, pensions, Saving, spending, Steve Webb, workplace Pensions
Leave a comment