Tag Archives: corporate risk
Making a buyer’s market for pensions
Organisations such as Which have always charged a subscription for their research. Those prepared to pay a regular monthly amount built libraries of reports which help us purchase everything from groceries to credit cards. Which put its readers in control- … Continue reading
Posted in advice gap, alvin hall, Martin Lewis, pensions
Tagged Business, Buyers, corporate risk, dc pensions, Financial services, Government, Life annuity, Martin Lewis, MSE, National Employment Savings Trust, Pension Regulator, pensions, Politics, Public Sector Pensions, Retirement, social media, Steve Webb, Which, workplace Pensions
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Fungibility
One of the great words of the English language, fungibility means that something is replaceable. What’s fungible and what’s not? If I give you a tenner, that note is fungible with 10 £1 coins or two fivers. If I am … Continue reading
Will CDC be available to everyone with a DC pot – or just a lucky few?
A snag has emerged in the Drafting of the Pension Schemes Bill (that will introduce Defined Ambition and with it CDC). It’s one of those little things that seems easy to fix but which has potentially huge consequences, a bit like … Continue reading
Posted in advice gap, CDC, DWP, now
Tagged Business, CDC, corporate risk, dc pensions, DWP, Financial services, Government, Guidance, National Employment Savings Trust, Pension new, pension playpen, pensions, Retirement, Steve Webb
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Sign up for The First Actuarial Monkey League -2014 !
You can save yourself reading 644 words of Pension Plowman pontification and sign up for the Monkey League here. Or you can read the blog and take your decisions at the end. Here’s why I’m promoting our Monkey … Continue reading
Posted in Financial Conduct Authority, Financial Education, First Actuarial, monkey league, pensions
Tagged Business, corporate governance, corporate risk, dc pensions, Employment, Financial services, First Actuairal, first actuarial, Investing, Investment, Investment management, monkey league, Pension Protection Fund, Pension Regulator, pensions
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Time to ditch the “institutional” from pensions
There has always been a gulf between retail and institutional pensions. But I have never felt it so inappropriate . Retail pensions were sold on commission, organised by insurance company and regulated by the Treasury via the FCA and its … Continue reading
Posted in advice gap, annuity, Payroll, pension playpen, pensions
Tagged Business, corporate risk, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, Government, National Employment Savings Trust, pension, Pension new, pension playpen, Pension Regulator, pensions, Retirement, Steve Webb
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Three old farts on DC regulation
John Reeve, whose previous comments on DC I have dismissed as the “wittering of an out of touch actuary”, has written a telling comment on mallowstreet. I’m sure he won’t mind me re-publishing it … Continue reading
What employers want to help them choose their pension.
The Pension Regulator has commissioned some research on what small employers want from pensions. I can share with you some of the key findings “48% of small and 79% of micro employers currently have no pension scheme so will have … Continue reading
Auto-enrolment needs common data standards!
At a recent meeting of the CIPP’s working group “The Friends of AE”, (FoAE) concern was expressed to Pensions Minister Steve Webb that without the introduction of a common data standards, the wheels might fall off auto-enrolment. According to … Continue reading
Posted in actuaries, auto-enrolment, dc pensions, pensions
Tagged auto enrolment, auto-enrolment.DWP.Paul Johnson, Business, common data standard, corporate governance, corporate risk, Data, de-risking, DWP, Employment, National Employment Savings Trust, pensions, Retirement, Steve Webb
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Andrew Young – 65 not out – a pensions legend!
Andrew Young is the Pension Regulator’s Strategy Director, he is the go to guy in UK pensions if you want to understand the implications of Government Policy. He has been a mentor to me since I first met him … Continue reading
Posted in actuaries, pension playpen, pensions
Tagged Andrew Young, Andy Young, Brighton, Business, corporate governance, corporate risk, dc pensions, DWP, Front Room, Front Room Restaraunt, GAD, pensions, Retirement, Seafor, Society, Steve Webb
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Looks like the cost of buying a pension’s just gone through the floor
Good news- one insurer has just slashed its pension prices to make income drawdown affordable for all. For years we’ve been told that income drawdown was too expensive a pension management system for all but the DC glitterati. The consensus … Continue reading