Tag Archives: DWP

Is MaPS creating a UK Financial Wellbeing Movement?

Posted on March 19, 2020 by

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 →

Posted in age wage, pensions | Tagged , , , , , , , , | 2 Comments

A radically simple solution to dashboard delivery.

Posted on March 18, 2020 by

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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“If you want a do-it-all dashboard – you’ll have to wait a decade”.

Posted on March 5, 2020 by

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 →

Posted in advice gap, age wage, Pension Freedoms, pensions | Tagged , , , , , , , | Leave a comment

Time for pensions to act on climate change

Posted on February 21, 2020 by

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 →

Posted in advice gap, ESG, pensions | Tagged , , , , , | 2 Comments

DWP’s blooper – find, forgive and forget.

Posted on February 18, 2020 by

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

Posted on February 12, 2020 by

  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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Ros is right – birthday card’s get read – and so does she.

Posted on January 8, 2020 by

Plenty of us have been thinking about how to make that annual statement that we get about our pensions stick in our minds, so that we understand what we have. One person speaks to and for the nation on pensions … Continue reading →

Posted in pensions, Ros Altmann | Tagged , , , , , | 1 Comment

Some home-truths about our pensions.

Posted on January 4, 2020 by

When asked “have you got a pension”, most people now say yes. That’s because most people (not all) who are in workplace pensions see the amount paid into a savings account as a payroll deduction that says “pension”. There are … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , , | 2 Comments

AgeWage grumpily comments on DWP’s simple pension statement.

Posted on December 17, 2019 by

The DWP are considering how to support an industry initiative to create simpler , more effective pension statements. It has asked people to respond to its consultation. I and my company – AgeWage – support simpler pension statements and in … Continue reading →

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DWP – should the top topple when the spinning stops?

Posted on November 6, 2019 by

I can’t remember another occasion when a Government department was stopped from lying to the people it serves by a Government agency. But that is what happened yesterday. The fact is that the Advertising Standards Agency has banned four of the … Continue reading →

Posted in advice gap, DWP, pensions | Tagged , , , , | 6 Comments