Tag Archives: choice
Choice – we love to have it – we hate to use it!
Choice – a mass of contradictions I’ve noted before that choice is something we feel we cannot do without but is something we generally cannot deal with. It is rare that the phrase ” I had no choice” is used in … Continue reading
People’s Pension announces one-off fee – world comes to an end!
If you were to read some of the reactions to the announcement yesterday by People’s Pension that they would be charging employers either £500 or £300 to set up a pension with them, you’d think that some intermediaries had just … Continue reading
What employers can do to get their members better pensions
Yesterday I had a chance to talk with a large employer about what they can do to help improve the outcomes of their DC plans. Influencing employees to get the best out of their pension savings means getting them to … Continue reading
Posted in Payroll, Pension Freedoms, pension playpen, pensions, Pensions Regulator, Popcorn Pensions
Tagged Actuarial science, advice, annuity, auto enrolment, Business, Business and Economy, choice, corporate governance, corporate risk, dc, dc pensions, Financial services, Good governance, governance, Greg Broomer, investment decisions, Johnson Fleming, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Retirement, Steve Webb
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Beware “black-box” auto-enrolment “solutions”.
Katie Morley of the de Daily Telegraph has written an important article claiming that the occupational schemes set up to relieve the needy of their pension savings before retirement are now turning their sights on auto-enrolment. This may or may not … Continue reading
Posted in First Actuarial, pensions, Pensions Regulator, Popcorn Pensions
Tagged annuity, auto enrolment, black-box, Business, choice, due diligence, DWP, Employment, Financial services, Katie Morley, MAF, National Employment Savings Trust, NEST, payroll bureau, pensions, Research, Retirement, the Daily Telegraph, The Pensions Regulator, workplace pension schemes, workplace Pensions
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Getting it right on choice – a pragmatic view.
People like choice but are afraid of taking decisions. This paradox has puzzled pension people for a long time. People think that having 170 fund choices on their personal pension is good news, but 90% of us make no choice … Continue reading
Posted in auto-enrolment, pensions
Tagged auto enrolment, choice, Ros Altmann, workplace pension
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Whose risk is it anyway?
No matter how we look at it – we do not- and will not- live in a command economy. That means we have to take decisions for ourselves rather than be told how to live our lives. If you want … Continue reading
Posted in CDC, dc pensions, defined ambition, Management, Money Advice Service
Tagged apples, choice, dc pensions, de-risking, DWP, Employment, Financial services, Government, pension, Pension Freedoms, Pension new, Pension Wise, Retirement, Ros Altmann, Tax
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What’s the cost of choice?
I and my colleagues are fascinated by financial decisions; who to take out your mortgage with, who to bank with, which ISA to choose and which pension scheme to select for your staff. Which , Money Saving Expert and the … Continue reading
How do we know our works pensions are working?
I’m watching formula one and the race management programs that are as much a feature of a race as the driving. It is possible to win or lose a race in the pits , it’s not often that drivers win … Continue reading
Posted in pensions
Tagged choice, decision, pensions, performance measurement, workplace Pensions, works pensions
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Two thirds of SMEs are pension virgins.
New research is out on the purchasing intentions of the remaining 1.2m employers who aren’t “in” to auto-enrolment. Of the SMEs surveyed who are yet to stage, two thirds (66%) don’t have any existing pension arrangements for their staff while … Continue reading
Posted in accountants, advice gap, auto-enrolment, DWP, Payroll, Pension Freedoms, pension playpen, pensions, Pensions Regulator
Tagged accountants, advice, annuity, auto enrolment, Business, choice, Defined benefit pension plan, DWP, Employment, Guidance, pension, Pension new, pension playpen, Pension Regulator, pensions, Retirement, Steve Webb, The Pension Regulator, TPR
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