Tag Archives: DWP

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

SABS in the back – the minister’s last hurrah!

Posted on November 1, 2019 by

Simpler annual pension statements (SABS) got a well-needed boost this morning when the DWP launched a consultation into their adoption. This looks like being just about the latest Government consultation of this parliament and it could be the swan-song for … Continue reading →

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

How dashboardS manage “the invulnerable tide”.

Posted on October 25, 2019 by

  I mentioned in yesterday’s blog that the Government can no more prevent the proliferation of dashboards as Canute could have controlled the waves of the sea. A better analogy than Canute is Cuchulain, the mad Irish Warrior who died … Continue reading →

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Pensions need a “dashboard-ready” standard

Posted on October 24, 2019 by

Jo Cumbo has called out the “elephant in the room” as the data quality of the pension schemes that look after  our money , our data and our resources for security in retirement. If data is money them money is … Continue reading →

Posted in advice gap, age wage, Dashboard, dc pensions, pensions | Tagged , , , , , | 1 Comment

A genuine parliamentary “pensions debate” – something to be welcomed.

Posted on October 24, 2019 by

I have not had time to follow the parliamentary debate on the Pensions Bill but I’m grateful for Jo Cumbo’s tweets and will pick up on them. Firstly, it is good that we have a House of Lords with people … Continue reading →

Posted in pensions | Tagged , , , , | 3 Comments

For everyone’s sake – let’s sort pension savings incentives this budget.

Posted on October 22, 2019 by

    Diversity is about including and it’s so important to pensions that we now have a minister of pensions and financial inclusion. A big part of the minister’s job is to create diversity – including not just men and … Continue reading →

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Contractors can’t have their cake and eat our pensions too

Posted on October 9, 2019 by

  The Association of Independent Professionals and the Self-Employed have condemned Lloyds Banking Group’s decision to either scrap contractors or force them into umbrella companies. I think this unfair on Lloyds and unfair on the tax-payer. As anyone in reward … Continue reading →

Posted in advice gap, auto-enrolment, pensions, Value for Money | Tagged , , , , , , , , | 2 Comments