Tag Archives: de-risking

A full frontal retreat on charges

If we are to restore public confidence in pensions, we need action not more procrastination. Continue reading

Posted in advice gap, annuity, auto-enrolment, dc pensions, defined aspiration, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , , , | 1 Comment

Exploring the cost of ownership – Guest blog from Dr Chris Sier

Introduction The pension fund value chain is overly complex, costly and completely opaque to the end consumer. The Kay Review of UK Equity Markets and Long-term Decision-making (2013) highlighted this. In fact, the total cost of owning (TCO) a pension … Continue reading

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A promise or a guarantee?

If Steve Webb wants AE to work, he should stop turning promises into guarantees and burdening employers with unforeseen liabilities and huge consultative and administrative costs. Continue reading

Posted in actuaries, auto-enrolment, corporate governance, EU Solvency II, Fiduciary Management, leadership, Liability Driven Investment, pension playpen, Popcorn Pensions, steve webb | Tagged , , , , , , , , , , , | Leave a comment

A race to the top?

We will not get this problem sorted out in a meeting room in the DWP, though the DWP can clear the decks and allow us to operate with a clean sheet of paper. Continue reading

Posted in actuaries, annuity, CDC, Change, dc pensions, de-risking, defined aspiration, happiness | Tagged , , , , , , , , , , , | 1 Comment

Play “FANTASY AUTO-ENROLMENT” and help 1m employers through staging

I don’t know who you are or why you’re reading this. I’m grateful you are though! Every day about 450 people get a blog from me, login to http://www.pensionplaypen or follow a link from twitter, linkedin or Facebook to what … Continue reading

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Small is beautiful – a good news story from Investment Solutions

Have a look at the Investment Solutions website or http://www.firstactuarial.co.uk or http://www.pensionplaypen.com – you’ll see a common thread- SMALL BUT BEAUTIFUL. Continue reading

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NEST’s ambitious business plan looks doomed

Perhaps the restriction on providing supporting software to enable online on boarding and aE compliance is the one that is most needed of all, Continue reading

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Thank goodness for that!

Without this open dialogue, we would not have the necessary tension between those who create rules and those who have to meet their costs. Continue reading

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King Canute got governance about right!

If we are to become as effective in the management of our pension funds as our German and Dutch cousins, we are going to have learn the lessons of Canute and concentrate our governance though centralised channels focussing on things we can do something about. Continue reading

Posted in advice gap, annuity, auto-enrolment, David Pitt-Watson, dc pensions, defined aspiration, FSA | Tagged , , , , , , , , , , , , | Leave a comment

Nudge nudge – pension truths we can’t spin but can explain!

You don’t need to search too hard these days to get to the real facts and the sooner we start using the tools at our disposal to explain why things are as they are, the better.
Continue reading

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