Tag Archives: DWP

A business-friendly Pension Green Paper


I went to a  talk yesterday  from the CBI’s Carolyn Fairbairn. It was a lot more optimistic on business prospects than I’d expected (having heard her gnashing her teeth following the referendum). To be fair, she was saying then that … Continue reading

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5 Things I want from today’s DB Green Paper


The DWP is due to publish its Green Paper this morning. It’s an important initiative; -our defined benefit schemes are under threat but they have the potential to do much good not just to those in them, but to those who … Continue reading

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Choosing a workplace pension


    Last week, Parliament debated an amendment to the Pension Schemes Bill, suggested by the Shadow Pension Minister and quoting this blog. I am happy to have put words in Alex Cunningham’s mouth, the Government have been cavalier in … Continue reading

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Small employers need a voice in the AE review


Yesterday I reported on the male hegemony of the three chairs of the advisory groups for the Automatic Review. There is a little diversity in the composition of the rest of the group. It’s comforting to see familiar names who … Continue reading

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Seasonal workers have as much right to a workplace pension as any others!


I am surprised and disappointed in the National Farmers Union, lobbying to release farmers from paying auto-enrolment contributions to short-term “seasonal” workers. We are in danger of opening the flood gates here to every part of the gig economy that … Continue reading

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“Famine or feast pensions”- demand advice is better spread.


Where you work not how you work determines your pension prospects. If you choose to work for a blue chip company or for the Government you can expect at worst a high contribution to a workplace pension and at best a … Continue reading

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Self sufficiency – another idiocy! (Con Keating)


  The idea that DB pension schemes should be self-sufficient, funded to such a level that they are capable of paying all pensions when due from their own resources is now rather popular. It is also completely idiotic, as the … Continue reading

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The peril of pensions (a quiet word in payroll’s ear).


Anyone who manages payroll, whether in-house or as an outsourcer, will by now have discovered the perils of auto-enrolment. This article will not rehearse the process issues (you’ll be relieved to know). But with auto-enrolment come workplace pensions. Currently the majority … Continue reading

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Pensions -a benefit – or a threat?


This is a record of a conversation had between me and my colleagues Hilary Salt, Rob Hammond and Derek Benstead, there were other parties to the conversation , I won’t name them, but they were interested and interesting. Essay question … Continue reading

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Of nuclear deterrents, sledgehammers and nuts – (DWP Select on DB)


The 90 page report on the state of our defined benefit pension schemes is published this morning. From first to last it is the work of Frank Field, it begins with BHS and ends with BHS, the confrontation with Philip … Continue reading

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