Tag Archives: compliance

How far can we use AI in administering pensions?

Bob Ward, someone who I’ve known as a deep thinking on pensions administration since the days of Papdis and our hopes of simplifying AE contributions, has this to say as a comment on a recent blog on CDC administration of … Continue reading

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Trustees are for members , not just compliance

Maggie Roger has written a sensible article that explains why member nominated trustees are essential to good governance. Increasingly we are seeing professional trustees taking not just the lead role but the only role as trustees. The view that schemes … Continue reading

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Is AI a problem for compliance or an aid?

  Ritesh Singhania is an old friend having been a founder of both AgeWage and ClearGlass. He has now set up a third company – Zango. For a third time he is asking the right questions It seems to me … Continue reading

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The “pensions industry” unites in stating the bleedin’ obvious.

The point was made several weeks ago to the DWP’s Julian Barker and Julian replied that Torsten Bell knew about the problem and wasn’t very pleased. We have this from the Observer that tells of  Torsten Bell when Torsten took … Continue reading

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DC consolidation slows , Cinderella sits by the fire.

The Corporate Adviser Intelligence on GPP and mastertrusts is back for 2023 and a very good read it makes. The headlines are in the infographic above and I intend to dig down behind several of these metrics in blogs to … Continue reading

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When naming and shaming had to stop

It now is clear there are not one but two firms that have been hit with a  £350,000 fine through escalating penalties from the Pensions Regulator and both relate to the non-payment of monies into staff pension accounts. These are … Continue reading

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Auto-enrolment; a national exercise in trust.

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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GDPR – a contrarian view

I was going to entitle this piece “f*#k GDPR” but I have too many people I like, who live that dream, to risk offence. But I’ll be glad after 25th May, not to have to spend 30 minutes a day, … Continue reading

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“Not complaining, just saying” – DWP + HMT screw-ups + how to deal with ’em

Yesterday saw two issues re-emerge from Government announcements that were inaccurate and  confusing. Both show that even with their army of lawyers, the Treasury and DWP still make fundamental errors that were they to be made from the private sector … Continue reading

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Social media – “everybody’s doing it – so let’s not do it at all!”

  I rode down to the Jumeirah Carlton Tower (no less) to speak at “Social Media for Marketing”, a sell-out conference which in headlines offered GUIDANCE, COMPLIANCE & FUTURE TRENDS At the risk of homogenising the other (excellent) speakers, this … Continue reading

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