Tag Archives: Aegon

Pot follows member (unless we want to keep it where it is).

Posted on August 11, 2017 by

  In a statement this week on the sluggish service standards of firms administrating our Defined Contribution occupational pension schemes, the PLSA concluded The median transfer time is 11 days, and although some are much longer1, this is principally due … Continue reading →

Posted in advice gap, pensions | Tagged , , , , | 2 Comments

Full of sound and fury…Aegon’s 2017 IGC

Posted on April 9, 2017 by

  I hadn’t been aware that IGCs had been submitting their statements to win awards. But the first think I am taught about Aegon’s activities last year is that in 2016 the Aegon UK IGC was awarded the “Best Independent … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments

How we sort the master trust problem

Posted on May 24, 2016 by

  I sat next to someone at a meeting yesterday whose demeanour, ideas and the articulation of those ideas, was so impressive that I was at times scared to open my mouth. I felt in the presence of greatness. I’ve … Continue reading →

Posted in pensions, Retirement, workplace pensions | Tagged , , , , , , , , | 4 Comments

Aegon’s ICC – treating the customer seriously.

Posted on April 9, 2016 by

I like Aegon’s IGC Chair report, delivered by top trustee Ian Pittaway. It’s not easy to find and though the report makes numerous references to its readers being its policyholders, I have no idea how a policyholder would stumble across … Continue reading →

Posted in IGC, pensions | Tagged , , , , , , , | Leave a comment

How can this be?

Posted on January 8, 2015 by

A school friend of mine, came to see me yesterday with some paperwork. He had been reviewing his financial affairs. Like me , he is 53 and had been excited by talk of the new Pension Freedoms. The problem His … Continue reading →

Posted in advice gap | Tagged , , , , , , , , , , , , , , , , , | 19 Comments

Hats off to all workplace pension providers

Posted on December 11, 2014 by

  I’ve referred earlier this week to an excellent article by Kim North in Money Marketing in which she points to the ongoing work Scottish Widows have been doing on the participation of women in workplace pensions. In the same … Continue reading →

Posted in FCA, NEST, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Time for the insurers to pipe down and get on with it!

Posted on September 19, 2014 by

  I like Jamie Jenkins of Standard Life, he’s a canny operator who shapes arguments to suit Standard Life very agreeably. His style is laconic, his humour dry and his observations are succinct and to the point. So I enjoyed … Continue reading →

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A message to 1.2m employers who aren’t reading (yet)!

Posted on June 15, 2013 by

We are in danger of letting the cost of auto-enrolment exceed its value Continue reading →

Posted in auto-enrolment, customer service, pensions | Tagged , , , , , , , | 2 Comments

Make NEST the dustbin of our pension dreams?

Posted on March 30, 2012 by

We all like the idea of having all our retirement funds in a big pot which we can manage efficiently and value easily. But not at any price! This link takes you to a version of Aegon’s submission to Government on “operation … Continue reading →

Posted in annuity, Change, NEST | Tagged , , , , , , , | 3 Comments

Ticking timebombs in the pension cupboard

Posted on November 18, 2011 by

When things go wrong in DC pension administration they go badly wrong. The old axiom is “right first time”. The cost of unravelling a mistake can be ruinous. Take the case of the Dutch insurer Aegon, whose UK subsidiary formerly Scottish Equitable– has had … Continue reading →

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, NEST, pension playpen | Tagged , , , , , , , | 1 Comment