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Tag Archives: DWP
Is your Mum getting her proper state pension? – Steve Webb’s making sure!
Apologies to readers whose Mums are no longer around and to younger readers whose Mums are still to retire. but the majority of people who read this blog are millennials and boomers whose Mums are drawing the state pension along … Continue reading
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Posted in actuaries, advice gap, age wage, pensions, steve webb
Tagged DWP, Grannies, LCP, state pension, Steve Webb
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“The way we were” – DWP AE Evaluation
In normal times, the publication of a major Government review of auto-enrolment would be newsworthy. Apart from a series of mentions by Jo Cumbo, I have seen no publicity for it – from the DWP or their press office or … Continue reading
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Posted in age wage, DWP, pensions, Pensions Regulator, Retirement
Tagged AE, auto enrolment, DWP, pensions, TPR, workplace Pensions
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All plans off for DB funding proposals
I’m sorry to have missed the FT’s DB funding debate, it sounds like a lively affair! Mercer, the professional services firm, last week estimated the aggregate accounting deficit for DB schemes for the UK’s 350 largest listed companies was £52bn … Continue reading
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Posted in actuaries, advice gap, Blogging, dc pensions, de-risking, defined ambition, DWP, pensions
Tagged DB, DB funding, DB pensins, DWP, ft, John Ralfe, SteveWebb, TPR
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No more reports – nobody reads!
Baroness Bennett, Stedman-Scott and Altmann – getting things done Every year occupational pensions schemes are required to publish reports that nobody reads. Clearly this is unsatisfactory and we could go two ways Stop writing the reports (would anyone notice?) … Continue reading
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Posted in advice gap, age wage, dc pensions, governance, Guidance, pensions
Tagged Chair statement, DWP, Pensions, Ros Altmann, SIP, Stedman-Scott, TPR
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Is MaPS creating a UK Financial Wellbeing Movement?
At this time of crisis , we need to be deploying our resources to meet the immediate needs of our customers and MaPS should be no different Continue reading
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Posted in age wage, pensions
Tagged advice, annuity, auto enrolment, Business, debt, Debt management plan, DWP, MAPS, Pensions
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A radically simple solution to dashboard delivery.
Pension Bee has produced two important papers in the past week. The first is its response to the FCA’s call for input on Open Finance The second is yesterday’s public call to action to bring open pensions as part of … Continue reading
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Posted in age wage, pensions
Tagged AgeWage, AgeWage Pension Bee, DWP, FCA, open finance, Open Financee initiative, open pensions, Pension Bee, pensions
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“If you want a do-it-all dashboard – you’ll have to wait a decade”.
Speaking at an AgeWage/FDATA event last night, Romi Savova told a packed house that the MAPS dashboard could do little more than find people’s pensions with the detailed information we need to take decisions on our pots delivered off-dashboard via … Continue reading
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Posted in advice gap, age wage, Pension Freedoms, pensions
Tagged DWP, FCA, FDATA, Open Banking, open finance, Pension Bee, pensions, Romi Savova
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Time for pensions to act on climate change
The DWP has written a letter to the Pensions Regulator telling it to set out its climate change strategy. The letter is a little awkward as it tries to shoehorn the need for this strategy into TPR’s core objectives. It’s … Continue reading
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Posted in advice gap, ESG, pensions
Tagged Climate change, DWP, ESG, pensions, Ros Altmann, share action
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DWP’s blooper – find, forgive and forget.
As Twitterstorms go – it wasn’t in the Dennis or Ciara category, but this video put out by the DWP has got some notable tongues wagging I wouldn’t expect much nuance in a video for Twitter, but “your funds grow … Continue reading
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Now it’s a Pension “Green” Bill
The Government has introduced radical new amendments to the Pension Schemes Bill which allows it to force effective governance and disclosure of climate risk by occupational pensions schemes. What’s “radical” is that these amendments give the DWP the power … Continue reading
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Posted in dc pensions, ESG, pensions
Tagged DWP, ESG, Gree, Green pensions, Pension Schemes Bill, pensions
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