Tag Archives: DWP

Have Pensions had such good ministers and advisers in Parliament? HMT, DWP and beyond look sorted.

I am pleased to see the junior ministers appointed by Andy Burnham yesterday. I have included all that are new, those who are reappointed and those who are gone in this blog   It tells good news for the House … Continue reading

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

Quite a discussion of how a trade union embraces CDC. Watch the session – it’s good!

It was quite a pension playpen coffee morning. Sit down in your chair in your drawing room, kitchen, the train, bus or the car (if you aren’t driving). Press the command on the YouTube and sit back This is a … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Healey is back in No 11, we wish him an easier ride than Denis- a predecessor

One Minister collects our taxes while the other pays them back; can you tell who is who? I must be careful to get our ministers right. The Chancellor the Exchequer has the red tie , while the SOS of DWP … Continue reading

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

Timelines for DC, CDC and DB to deliver income with VFM

Not much policy can have ambition to “chart the course to a pensions system fit for the 21st century“. That’s how Torsten Bell talks of his workplace pension work. Here is what the charting of the next ten years looks. … Continue reading

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

Our DC pensions will improve following the Pension Schemes Act; but by £29,000?

David Robbins questions whether a headline in the DWP’s report is responsible. DWP’s press release about the Pension Schemes Bill delivering a “retirement boost of £29k” is absurd for obvious and non-obvious reasons. First, the obvious part. – The projected … Continue reading

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

“Retirement Wage”; a better name for CDC

At a recent Professional Pensions webinar, Black Rock’s seminar saw Massi Delle Donnne point out that CDC is not a very catchy name. He called for a better one, well here it is Massi! CDC isn’t much good  and we … Continue reading

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

DB Surpluses could and should make pensions fairer for the young

We talk about pension gaps; gaps between men and women, gaps between public and private sector pensions, but we are careful not to offend employers who have relics of defined benefit (an enormous burden) pensions and ongoing workplace pensions ( … Continue reading

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

A major manager takes CDC seriously. Will assets move en masse from DC to CDC workplace pensions?

I published this article last week and no one read it!  I’ll try again, this time with a little more focus. If you want to know the impact that CDC is beginning to make on the market – read on. … Continue reading

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

Collective Defined Contribution Schemes – the “Shameful Missed Opportunity” of 2008!

Here is An article by Kevin Wesbroom. I first published it on June 3rd 2014, just over 12 years ago. Kevin was then leading Aon’s thought leadership on DC . This reminds me how little had changed since six years … Continue reading

Posted in annuity, customer service, dc pensions, defined aspiration, pensions, Public sector pensions, Retirement | Tagged , , , , , , , | Leave a comment

The way clear for CDC to prosper as a workplace pension

It is something of an open secret that DWP see CDC working as a way of building up as well as getting paid a pension. Some doubt persisted that this could be done and that those who’d saved into A … Continue reading

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