Tag Archives: auto enrolment

Now and then.

Posted on February 14, 2019 by

It all started so well – and ended so sadly. Yesterday NOW’s owner, the Government backed Danish Pension Fund announced it was selling it’s UK master trust to Cardano, the Dutch Fiduciary Manager. NOW were the first organisation to seriously … Continue reading →

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

How do we use our IGCs?

Posted on February 13, 2019 by

My key words in the title are “we” and “our”. The Independent Governance Committee’s set up as a result of the failings in contact-based workplace pensions identified by the OFT, are for us – the consumer. They were not set … Continue reading →

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

It’s employers that did it! Rudd should be thanking them for “her” policy success

Posted on February 12, 2019 by

      I’m pleased to see that attempts to re-write history by the Conservative party have been foiled by the ever-vigilant Cumbo. These were not @conservative party reforms. Automatic enrolment resulted from a cross-party consensus and was introduced by … Continue reading →

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NEST’s Sidecar Savings Project

Posted on January 28, 2019 by

The low-paid in this country are not well served by pensions. So NEST Insight’s Sidecar Initiative should be welcome. In November it launched its sidecar savings trial and announced which organisations will take part in the research. Whether those the … Continue reading →

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What is the net pay anomaly?

Posted on December 21, 2018 by

      UK government spending on pensions and top-up benefits for pensioners amounts to 5.9 per cent of GDP – and this figure is projected to increase to 6.3 per cent over the next half century. In addition, the … Continue reading →

Posted in advice gap, auto-enrolment, pensions, Treasury | Tagged , , , , , | 2 Comments

Auto-enrolled through L&G/Ease – read this.

Posted on December 11, 2018 by

This blog is written for employers and advisers who have used or assisted with the ITM eAsE link to L&G’s workplace savings Plan. You are where you are – here is some context and some thoughts on your position] For … Continue reading →

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Is the tide turning in favour of pensions?

Posted on November 26, 2018 by

As we reach the last few weeks of the year, I’ve been looking at the stories that are dominating the pension landscape and increasingly they are positive. Despite UK and global equity markets being down on the year, pensions are … Continue reading →

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Death by 10 million pots – how to solve the small pot crisis

Posted on October 14, 2018 by

  There are 10 million new savers into workplace pensions. If every saver changed jobs 10 time, that would mean 100 million new pension pots- unless some means of rationalising pot proliferation can be found. The DWP estimate that by … Continue reading →

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Will “DC deficits” become a thing of the past?

Posted on October 11, 2018 by

News of HMRC’s “change of position” with regards the “net-pay- anomaly” is welcome, and long overdue. It came in the form of a letter sent in response to a request from respected journalist Jo Cumbo of the FT. Govt to … Continue reading →

Posted in advice gap, annuity, auto-enrolment, pension playpen, pensions | Tagged , , , , , , | 2 Comments

Auto-enrolment; a national exercise in trust.

Posted on September 21, 2018 by

I like to tease Jo Cumbo that she can trust no-one because of her heritage! This blatantly xenophobic comment is based on a British prejudice that Australians find compulsion acceptable as compliance is in the blood. A second prejudice, that … Continue reading →

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