Tag Archives: DWP

Where next for pensions transparency?


As illegal drugs to your health so hidden charges to your finances Imagine that you were tasked to prevent drugs coming into this country. Would you ask the driver if he had drugs in his vehicle and wave him through … Continue reading

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How SMEs can manage pension risk


    One of the least  considered rules of auto-enrolment is that it the employer who must choose the workplace pension for its staff. It is not for the Government to make this decision, while it may be in the … Continue reading

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Your ten point checklist when choosing a pension


  The law says you have to choose a workplace pension for your auto-enrolment eligible staff. But it doesn’t say how! The Pensions Regulator’s website, while excellent on auto-enrolment compliance, is pretty hopeless in helping you choose a pension. So … Continue reading

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The weight of a nation v the next Philip Green


The DWP Select Committee, currently the only centre of pension’s expertise in the House of Commons, has called for written evidence on Defined benefit (DB) pensions regulation by the Pensions Regulator (TPR), including: the adequacy of regulatory powers, including anti-avoidance provisions … Continue reading

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“Only rich people think small amounts don’t matter”


That’s a quote from Debora Price and I’m making it a strap for whatever campaign I can cobble together to make Government Incentives happen for those who qualify for them , but can’t get them because their trustees don’t collect … Continue reading

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Pensions Minister in the house – shout out for Richard Harrington!


A new man In one of the lowest keys of appointments, Richard Harrington crept into the DWP as an under-secretary and inherited all the issues for rather less pay than he’d have got if he’d got the usual ministerial salary. … Continue reading

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“Workie Vicit” – tPR on the state of AE


   The Pension Regulator has published its snappily entitled Automatic enrolment commentary and analysis report 2015/16 The first question I asked as I opened its 45 pages was “who’s it for?“. TPR’s primary stakeholder is the DWP which funds it and … Continue reading

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“The best way forward or the NEST way forward?”


If you are an employer and you have made a decision, there is no liability—that is clear in the legislation. If you have decided to go with NEST rather than NOW: or People’s, there is no liability that can fall … Continue reading

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Workie off balance-Frank to the rescue!


An everyday story of kleptocratic mismanagement Here is an extract from the recently published conversation between the DWP Select Committee (Frank Field & Co) and the DWP (under new management). You are always supposed to read the source material first, … Continue reading

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Get off your boat, get back to the Regulator, go and write a whacking big cheque.


A paraphrase of Frank Field’s advice to (Sir) Philip Green, after the publication of a damning report into the failure of governance that Green created in his 15 years in charge of BHS. Here is his press comment “One person, … Continue reading

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