Tag Archives: DWP

Data in a dungeon

    I’m pleased that Guy Opperman came out fighting for the dashboard when he addressed the Society of Pension Professionals yesterday. He identified two central problems facing the consumer wanting to find out about their pensions. That their data … Continue reading

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Your DC pension scheme may be for the chop- here’s why

  Swimming is my new thing and I swim underground in a cave by St Pauls. As I swim along I ponder esoteric things like why the DWP are putting DC schemes with less than £100m in them – in … Continue reading

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Why value for money must be assessed on saver’s data

The numbers in the boxes above  show how much value a group of savers have done with £523m invested in their pots. On the face of it, they have got a better return on average (4.75%) than if they’d been … Continue reading

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“Shape up or shape out” – DWP give small DC schemes one year’s notice

   It is not acceptable for savers to be enrolled in arrangements that do not deliver value in terms of costs, investment returns or secure and resilient governance. Government would expect trustees acting in the best interests of their members … Continue reading

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Jon Spain’s submission on DB Funding

Although people have been living far longer than used to be the case, the financial assumptions are generally far more significant than the demographic assumptions.

If, as appears to be the case, we can’t get simple things right, why should we think we can tackle complex stuff successfully? Continue reading

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Changing the way our pensions work

I expect that those few remaining trustees and members of IGCs and GAAs who are in denial of the value of ESG, will – in the face of the forthcoming Act and the detail within the consultation, step down. Continue reading

Posted in age wage, DWP, ESG, pensions | Tagged , , , , , , | 9 Comments

Clacher and Keating blog “Bowles to the Regulator”.

We have received and responded to over one hundred questions, comments and criticisms arising from them. Not one has come from the Pensions Regulator. We have no evidence that the Regulator is listening to us or anyone else. Constructive engagement requires constructive listening, not selective hearing. Continue reading

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Why DC pensions should follow the science

The country has learned a new respect for data during the lockdown. Following the science has led us to a better understanding of mortality and we understand from track and trace how understanding data protects us from infection. The public … Continue reading

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Is your Mum getting her proper state pension? – Steve Webb’s making sure!

Apologies to readers whose Mums are no longer around and to younger readers whose Mums are still to retire. but the majority of people who read this blog are millennials and boomers whose Mums are drawing the state pension along … Continue reading

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“The way we were” – DWP AE Evaluation

In normal times, the publication of a major Government review of auto-enrolment would be newsworthy. Apart from a series of mentions by Jo Cumbo, I have seen no publicity for it – from the DWP or their press office or … Continue reading

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