Tag Archives: Defined Contribution
Are workplace pensions “risk-free” to employers?
If you think workplace savings plans are “risk free” to employers – think again; “value for money” changes that Continue reading
Posted in advice gap, Bankers, consultant, dc pensions, Fiduciary Management, First Actuarial, pension playpen, pensions, Retail Distribution Review, Retirement
Tagged Business, Business and Economy, Canada, CDC, Colin Ripsman, corporate governance, corporate risk, dc, dc pensions, de-risking, decumulation, Defined benefit pension plan, Defined Contribution, Eckler Ltd, Employment, Financial services, Pension new, pension playpen, pensions, Plan sponsors, Retirement, retirement income, Steve Webb, workplace Pensions
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What should employers do about pensions?
Employers pay pensions – don’t they? It’s baked into the DNA of Government social policy that a part of the welfare system is managed by employers prepared to fund an employee benefit that provides a certain income in retirement. So … Continue reading
Posted in pensions
Tagged Business, corporate risk, dc, dc pensions, Defined benefit pension plan, Defined Contribution, DWP, employer, Employment, Freedoms, Government, Insurance, Money, National Employment Savings Trust, pension, Pension Freedoms, Pension new, pension playpen, pensions, Retirement, Steve Webb, Work
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It’s not pensions that are rubbish- it’s the way we picture them
I spent some time last week expressing my dis-satisfaction with the DC Governance and the irrelevance of most DC trustees. It is easy to throw stones…. What is also needed is someone to mend the greenhouse to make … Continue reading
Posted in advice gap, pensions
Tagged Adminisration, Bus, Car, Chassis, Dashboard, dc, Defined Contribution, Engine, governance, Investment, pension, Steering
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So what’s the point of the DC trustee?
It’s the first rule of trusteeship- if you can’t measure it – don’t trust it. It’s the right of anyone who has their own pension pot to know how much they are paying for the management of their money. … Continue reading
Posted in dc pensions, pensions, Treasury, workplace pensions
Tagged Business, corporate governance, corporate risk, dc, dc pensions, Defined Contribution, DWP, Employment, Financial services, Financial Services Authority, Government, Indpendent Trustees, professional pensions, Richard Butcher, trustees, workplace Pensions
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Annuities get another kick in the goolies
What’s the story? The Chancellor will announce in his speech at the Tory conference that he will put a stop to the 55% tax on pension pots not spent at death. The Treasury announcement on what detail we so far … Continue reading
Posted in advice gap, annuity
Tagged annuity, defined benefit, Defined Contribution, pensions, wealth management, workplace
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Good pensions need good bosses!
. My friend Steve Bee has produced a marvellous cartoon this morning. The need to save between 15 and 20% of lifetime earnings hasn’t changed. The numbers being crunched to come up with the 17.5% recommended lifetime contribution rate should … Continue reading
Is CDC dead? – not according to Kevin Wesbroom in this great new post!
Is CDC Dead after the Budget, in the light on newly offered flexibilities? Most certainly not! The Budget stops the “requirement” to purchase an annuity. It has not been a requirement for a long time, but it has been the … Continue reading
“Innovation – what innovation?” – Pension PlayPen confounded by DC investments
The 50th London Pension PlayPen lunch took place as ever at the Counting House (attendees listed below). At the opening show of hand six of us could see no great innovation happening in UK DC and three saw “potential” or … Continue reading
The CEO and the janitor
They don’t get it, they don’t trust you, they think you are pulling the wool over their eyes. Continue reading
Posted in pensions, Retirement
Tagged ageing, CEO, corporate risk, defined benefit, Defined Contribution, janitor, LDI, Longevity, pension, pensioners, pensions, Retirement, vegetables
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