Category Archives: Politics

Don’t get strung up on pension ministers!


News that Richard Harrington is leaving his post as Pension Minister for BEIS shouldn’t surprise readers of this blog. The move had been heavily flagged in the DWP and tPR even before the election, @Richard4Watford put “pensions first” for his … Continue reading

Posted in advice gap, auto-enrolment, pensions, Politics | Tagged , | 3 Comments

This blogger’s a reluctant Tory


  Some year’s ago, Mrs May reminded the Conservatives that some people thought them the nasty party, this election she’s reminded us that they are the hapless party. They have been opposed by a Labour Party who’s policies are under-costed … Continue reading

Posted in pensions, Politics | Tagged , , , | 13 Comments

“How we’re paid” is top of #GE17 agenda


If there is a debate going on over who next Governs Britain, how we get paid – as workers and pensioners, is at the heart of it. BREXIT may be the most important political issue , but we are no … Continue reading

Posted in pensions, Politics | Tagged , , , , , , , , , | 1 Comment

Was DC the only choice for the Tata Steelworkers?


      Speaking on the radio yesterday, John Ralfe called the decision of Tata Staff to accept the loss of future accrual into a final salary scheme in exchange for a 10% contribution into a DC pension fund as … Continue reading

Posted in actuaries, advice gap, FinTech, Jersey, pensions, Pensions Regulator, Politics, pot | Tagged , , , , , , , , , | 1 Comment

Why there is no “opt-out” for the self-employed.


  I get annoyed when I hear pension experts opine on including the self-employed in auto-enrolment (1). I don’t see much self-employment on their CVs, I certainly don’t see many of them being self-employed out of necessity. But most of … Continue reading

Posted in accountants, advice gap, auto-enrolment, dc pensions, pensions, Pensions Regulator, Politics | Tagged , , , , , , , | Leave a comment

If I ran a master trust…


Not all of us run a master trust, though you might think it was Britain’s boom industry from the amount of press “master trust proliferation” has got. This blog is here for those who do, and for those who advise … Continue reading

Posted in auto-enrolment, pensions, Politics, Popcorn Pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment

Why Philip Green’s “rights” are so wrong!


Philip Green (rights and wrongs) If you want an insight into the world of Philip Green, try this article which is free (despite the Sunday Times’ paywall). Even with PPF compensation, the 20,000 BHS pension scheme members will lose out, receiving … Continue reading

Posted in Paul Lewis, pension playpen, pensions, Politics, Retirement, Ros Altmann | Leave a comment

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 , , , , , , , , , , , , | Leave a comment

Playing pass the parcel with the pensions time bomb


Experts talk about Australia or the Nordics as countries which have “got pensions right”, but what do they mean by “right”? Can we de-fuse the demographic time-bomb? Or must politicians resign themselves to playing pass the parcel with a suspect … Continue reading

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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 , , , , , , , , | Leave a comment