Tag Archives: DWP

Budget – Labour Market Measures – the facts / the spin

This is how the Government wants you to think about its labour market measures. Thanks to the DWP for forwarding. Spring Budget 2023 factsheet – Labour Market Measures In the Spring Budget we are setting out a package of measures … Continue reading

Posted in pensions | Tagged , , | 3 Comments

Back to school with Jeremy. The budget – work and pensions.

The FT is seldom wrong about these things. What changes in pension taxation there will be , will be targeted. Hunt will  try to tackle the NHS staffing crisis by changing pension rules that are blamed for dissuading senior doctors … Continue reading

Posted in pensions | Tagged , , | Leave a comment

Let’s put workplace pension saving in perspective.

A sense of perspective needs to be applied to this headline in Professional Pensions. The Government backing the private members bill that extends auto-enrolment commits them to no more than they promised in 2017 and does not even commit them … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

The pension dashboard needs more than a reset – it needs a rethink.

The dashboard is being delayed again. Team PDP is already four years late getting the pension dashboard  crossing the line but our grand-prix racecar is in the best of hands –  even with that retro-refuelling pipe! It was originally intended … Continue reading

Posted in pensions | Tagged , , , , , , | Leave a comment

The mass affluent , the MPAA and the cost of living.

  The Money Purchase Annual Allowance (MPAA) is often cited as a vindictive tax that punishes people for exercising their pension freedoms and drawing down on their pension pot from as early as 55. It was however introduced to protect … Continue reading

Posted in pensions | Tagged , , , , , , | Leave a comment

How would LDI funds stack up in a VFM framework?

  Slowly but surely what happened to LDI pooled funds in late September and early October  is beginning to emerge. Katie Martin of the FT has discovered that rather than declare a negative net asset value for a pooled fund, … Continue reading

Posted in pensions | Tagged , , , , , , , | 6 Comments

Nest’s big IT cock-up – what does it mean for savers and employers?

  Credit to Professional Pensions for republishing a story that had been circulating in IT circles all month. At least we have a trade press capable of getting a scoop out of recycling a week-old story in the IT trade … Continue reading

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

“A good way to kick off the debate” – Now let’s get this VFM Framework over the line

    The headline was given me by the DWP’s Des Healy after Pension PlayPen’s hour long debate on the VFM Framework. Unsurprisingly, it was one of our best attended events. Surprisingly, we heard not just from Des but other … Continue reading

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

What’s all this pensions VFM malarkey then ? Find out tomorrow at 10.30 am!

It’s only the pension’s consumer duty – innit! I’m still of the view that the DWP are onto a winner with this VFM Framework. But my list of questions just got a bit longer as I spent the weekend watching … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

VFM – Tuesday 10.30am – The DWP will be answering our questions – pensionplaypen.com a

  TO REGISTER  CLICK “ATTENDING” HERE   In their podcast on the VFM consultation, Darren and Nico joke that VFM is the most eagerly awaited consultation since the last eagerly awaited consultation. The lads were tongue in cheek but I’d … Continue reading

Posted in pensions | Tagged , , , , , | Leave a comment