Tag Archives: auto enrolment

The FCA can excel; the “non-workplace pension” paper’s a model of its kind


Henry Tapper and Pension PlayPen response to FCA’s paper DP18/1 Effective competition in non-workplace pensions This is the response of Henry Tapper and the Pension PlayPen. It is not a response on behalf of any other organisation that Henry Tapper … Continue reading

Posted in advice gap, BSPS, dc pensions, drawdown, Henry Tapper blog, pensions, PLSA, Retail Distribution Review, Retirement | Tagged , , , , , , , | 1 Comment

How certain are my client’s state benefits?


The old adage “there’s nothing certain except death and taxes”, sadly did not include pensions, not even the state pension. Behavioural science suggests that the further we look into the future , the more we crave the security of certainty. … Continue reading

Posted in accountants, actuaries, advice gap, pensions | Tagged , , , , , | 3 Comments

Other people’s money- other people’s lives.


  I received this blog/testimony from Darren Jefferson, who many will know for his work in setting up auto-enrolment schemes over the past five years. The title’s my own, the words are his.   Don’t take other people’s money for … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , | 3 Comments

Aussie’s are “Super Pension Savvy” – why aren’t we?


As most people (in pensions) know, Australia has a thriving retirement savings industry that works because there is a social contract between Government, Unions and Employers to fund workers pensions at ever-increasing amounts. I don’t want to do a teach in – … Continue reading

Posted in advice gap, Australia, auto-enrolment, cricket, dc pensions, pensions | Tagged , , , , , , | 2 Comments

Financial fairness for all.


  Lots of good things came from yesterday’s rant against the burden the Governments’ proposals for auto-enrolment would impose on those on low incomes. Is the purpose of extending auto-enrolment to cut back on the state pension? @henryhtapper says it is. … Continue reading

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

New Improved Pension Statements on the way.


Ruston Smith and Quietroom   We need improved annual statements from our workplace pensions because…. Many annual statements are  too long, complicated and include jargon As people have savings with many providers, they get different statements at different times of … Continue reading

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

Auto-enrolment for all?


The Government has leaked details of the findings of their auto-enrolment review and what its wanting to do about them. Each of the four proposals outlined below has merit, though they won’t be achieved without protest from those who will  pay more into … Continue reading

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Taylor – the Full Monty or a stitch-up?


  I was asked to comment on the impact of the Taylor Report on Payroll at the Reward Autumn Update. Though I had been promised a script from Matthew Taylor himself, it never turned up – maybe I was stitched … Continue reading

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

L&G; a smooth operator with an open IGC


For an Independent Governance Committee to work, there must be a means for it to interact with its membership in a meaningful way. L&G – uniquely to my knowledge – offer policyholders of their workplace pension the opportunity to come to … Continue reading

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Salary Sacrifice – a foot in the door for the poorly pensioned?


Everybody knows that the pension tax-relief system is heavily weighted in favour of the have’s who get big income tax incentives. It is weighted against the low waged who can get excluded from contribution incentives altogether. Steve Webb, who thinks … Continue reading

Posted in accountants, actuaries, advice gap, pensions | Tagged , , , , , , | 15 Comments