Category Archives: welfare

The incoherence of UUK’s attitude towards risk – Mike Otsuka


Low risk is intolerable when shared by 350 institutions but high risk is fine when borne by workers individually USS’s current troubles, and UUK’s proposed solution, reflect an incoherent attitude toward risk on the part of our employers. Their responsibility … Continue reading

Posted in pensions, USS, Value for Money, welfare | Tagged , , , , | 10 Comments

I’m nearly 55 – here’s what I’m doing for myself!


In this blog, I want to share with you my DIY approach to organising my finances as I approach 55. 55 has become an important year as it is the point when you move into what can best be called … Continue reading

Posted in pensions, Retirement, reward, welfare | Tagged , , , , , , , , , | 5 Comments

Auto-enrolment limits – what the DWP aren’t saying!


The DWP’s paper on the Earnings Trigger and Qualifying Earnings Bands(QEB) for auto-enrolment next year is very well written and gives an insight into just how much thought is going into managing the conflicting needs of employers, workers, administrators and…HMRC. … Continue reading

Posted in accountants, auto-enrolment, Payroll, pension playpen, pensions, Pensions Regulator, Treasury, welfare, Workie | Tagged , , , , , , , , , , | 2 Comments

The tricky job of enrolling the self-employed into pensions


The estimate from the Citizen’s Advice Bureau that some 460,000 extra workers are currently missing out on auto-enrolment because employers deem them independently self-employed seems reasonable. When employers conduct a workforce assessment, they generally do so with a cut of … Continue reading

Posted in advice gap, auto-enrolment, Henry Tapper blog, Politics, Treasury, welfare | Tagged , , , , , , , , , , , , , , , | 4 Comments

Simplifying AE – why the workforce assessment IS worth it


The Government is calling for ideas to simplify auto-enrolment.  I had an interesting discussion with a senior payroll policy lobbyist yesterday. She argues that the “workforce assessment” is too problematic to become part of the normal payroll function of Britain’s … Continue reading

Posted in accountants, advice gap, auto-enrolment, DWP, pensions, Pensions Regulator, risk, Ros Altmann, welfare | Tagged , , , , , , , , , , , , , | 1 Comment

Aren’t pensions worth a mention in this election?


Why has there been so little comment this election campaign on pensions? When the rabbit came out of the hat in #Budget2014, many thought the freedom of pensions was the Conservatives great “retail offer”. Has Steve Webb diluted its political … Continue reading

Posted in Politics, welfare | Tagged , , , , | 3 Comments

BRITAIN’S BIGGEST TABOOS: 20 MILLION PEOPLE STRESSED ABOUT FINANCES, YET TALKING ABOUT MONEY REMAINS OFF LIMITS


I don’t normally do press releases on here, I will make an exception here. People are embarrassed about money – when it’s their money they are talking about. The taboos about debt, wealth and financial planning are real and we need … Continue reading

Posted in pension playpen, pensions, Retirement, welfare, with-profits | Tagged , , , , , , , , , , , , | 2 Comments

Steve Webb – a new model politician?


    Let me declare an interest, I am a Liberal, born into a Liberal family in a part of the world where Liberalism is the natural opposition to conservatism. Steve Webb is from that part of the world, his … Continue reading

Posted in DWP, steve webb, welfare | Tagged , , , , , , , , , , , , | Leave a comment

A tale of two Cities


      Have you ever turned up at a place and realised you shouldn’t be there – but stayed anyway just to see what it was like? That’s what happened to me yesterday. I went to an event about … Continue reading

Posted in Bankers, Blogging, London, Treasury, welfare | Tagged , , , , , , , , , , , | 1 Comment

Ros Altmann to be the over 50s


  News from the Sunday Times via @paullewismoney  reports that Ros Altmann is to be our (eg those over 50) new work tsar. This I take to be good news. Ros Altmann to be named Government's champion for older workers … Continue reading

Posted in auto-enrolment, Blogging, club pension, pension playpen, pensions, welfare | Tagged , , , , , , | Leave a comment