Tag Archives: AgeWage

This may be the last week I can grow my linked in connections.

Posted on February 11, 2023 by henry tapper

I currently have over29,900 linked in connections , 28,500 of whom follow me. I have recently been getting messages from Linked in reminding me LinkedIn members can have up to 30,000 1st-degree connections. To ensure an optimal experience on LinkedIn, … Continue reading →

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

Why AgeWage is so keen to make “Value for Money” work.

Posted on February 3, 2023 by henry tapper

AgeWage was set up to improve the pensions savers got from the pots people built up from workplace saving. We have seen a problem reporting to people the value of their savings in “value for money terms”. We addressed this … Continue reading →

Posted in pensions | Tagged , | 2 Comments

VFM – more meat less bull

Posted on January 22, 2023 by henry tapper

The most pressing matter on the pension policy agenda (and we should expect a consultation on this in the next two weeks) is clarification on the DWP’s Value for Money agenda. The consultation may be long but it must address … Continue reading →

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

No crocodile tears over falling contributions – please!

Posted on December 29, 2022 by henry tapper

In a lachrymose display of virtue signalling, the PMI reports that many employees are either reducing contributions to workplace pensions or thinking of doing so. This is neither surprising or regrettable, people need to take pension holidays from time to … Continue reading →

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

What are the barriers to providing a pension dashboard service?

Posted on December 13, 2022 by henry tapper

    The organisation behind a pension dashboard (officially a Pension Dashboard Service firm or PDS) is usually considered to be a bank or insurer. The dashboard itself is conceived as a loss-leader designed to get trust – its a … Continue reading →

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

August 1st – CDC day!

Posted on August 1, 2022 by henry tapper

The 1st August is the day applications open for a new type of UK pension – what pension people know as CDC (though in regulation it is collective money purchase). It’s been a long time in the making, but today … Continue reading →

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

A way to manage pension freedom – from a land down under.

Posted on April 23, 2022 by henry tapper

FCA and TPR. Please read below a post from an Australian actuary called Jim Hennington. It describes the regulatory requirements placed on providers of retirement income in Australia. I have only inserted links, to help readers not familiar with terms … Continue reading →

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

How can CDC Decumulation provide inflation protection? – Con Keating

Posted on April 7, 2022 by henry tapper

This blog from Con Keating is technical and designed to help the DWP ,tPR and others , when thinking about how to encourage inflation protection in the pathways on offer to savers in retirement.  Member options for retirement income Introduction … Continue reading →

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

DWP renews its efforts to increase pension credit

Posted on April 4, 2022 by henry tapper

  It’s good to see the DWP responding to the cost of living crisis in a way that targets pensioner poverty The DWP plan their campaigns weeks, if not months ahead of launch , so this campaign happily coincides with … Continue reading →

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

Value for Money

Posted on March 25, 2022 by henry tapper

When I went to see the Pensions Minister earlier this week, I had three problems and three ideas My first problem was that we had no fix for the feeble participation rates for pension credits, I’ve written about the solution … Continue reading →

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