Tag Archives: AE

PC1 put pensions back on track. Will PC2 finish the job?

Posted on August 10, 2025 by henry tapper

Thanks to Peter Cameron-Brown for reminding me of where the pensions industry was in 2005 when the original Pensions Commission (PC1) was announcing its findings. This is the NAPF’s (now Pensions UK’s) response to “Turner”. Reading it 20 years later … Continue reading →

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Reeves will kick AE review 8 more years down the road

Posted on July 20, 2025 by henry tapper

Hats off to Rachel Mortimer and Jack Simpson of the Times, who have been digging in advance of Rachel Reeves announcement on phase 2 of the Government’s pension review. Pension 1 is the Pension Schemes Bill, stage 2 sounds like … Continue reading →

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What’s happening to L&G’s shares matters to our pensions

Posted on February 9, 2025 by henry tapper

On Friday, the FT brooked a story which at first site is a bit obscure, concerning Japanese and American businesses. Legal & General has brokered a deal to sell its US insurance business to Japan’s Meiji Yasuda for $2.3bn in … Continue reading →

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Government focusses on pensions not AE contributions

Posted on January 22, 2025 by henry tapper

Pensions minister Torsten Bell has confirmed auto-enrolment (AE) thresholds will be maintained at the current levels for 2025/26, following the statutory annual review of the AE thresholds. Bell confirmed the AE earnings trigger will remain at £10,000, while the lower … Continue reading →

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The cost of living crisis has just started – listen to households not economists

Posted on December 18, 2023 by henry tapper

There seems to be a disconnect between economists and ordinary people with ordinary finances. The factors that are creating a cost of living crisis are clear People’s ability to pay their bills is still reducing. The economists point to inflation … Continue reading →

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Morrisons – auto-enrolment hero to pension zero

Posted on November 16, 2023 by henry tapper

When the staging of auto-enrolment started in 2012, one UK employer stood out for going above and beyond the requirements of law, that firm was  Morrisons. Nearly 9 years ago to the day, I wrote a blog “It worked for … Continue reading →

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Under-saving is not an illness

Posted on November 10, 2023 by henry tapper

The Automatic Enrolment Bill is no cure for the epidemic of under-saving Sorry Arc Pensions Law, sorry Rhiannon Barnsley, I am sure so sure of your diagnosis, people who don’t save are not sick. Saving is a lifestyle choice and … Continue reading →

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DWP bets the house on “adequate” DC pensions. No wonder it’s targeting VFM!

Posted on March 5, 2023 by henry tapper

The DWP published a report on Friday that has attracted attention from mainstream and social media. It is the DWP’s first analysis of retirement income in the UK since the analytical report of the 2017 auto-enrolment review and it was … Continue reading →

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Extending auto-enrolment? Now is not the time.

Posted on January 24, 2023 by henry tapper

In a robust reply to the recommendations of the Work and Pensions Committee, the DWP has resoundingly said “no” to calls to implement “in the short-term” , the reforms it said it would implement in the middle of this decade. … Continue reading →

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BREAKING; 35% of employers see pension pausing increase

Posted on September 27, 2022 by henry tapper

The CIPP’s quick poll on employee’s “pausing” contributions to workplace pensions,  closed yesterday. For the first time , there is evidence of large scale pausing by employees who can’t afford their pensions. The CIPP report 410 employers participating, describing engagement … Continue reading →

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