Tag Archives: DWP

CDC – the DWP seem to have got the message.

The consultation on the regulation of CDC schemes begins today and ends on August 30th,  it is a summer holiday job and timed to get a little attention as possible. As a statement of intent, Guy Opperman’s foreword is different … Continue reading

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TPR – publish your pension scheme register – or be damned!

Following yesterday’s blog moaning at the Pensions Regulator for not getting its act together and publish a register of scheme URLs I have been informed of regulations changes that have the potential  to make this happen.  DWP’s climate governance regulations … Continue reading

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Where are these 1200 schemes to be consolidated?

When it comes to poor practice  “sunlight is the best disinfectant”. But the sun never shines on the whereabouts of occupational DC schemes, which are supposed to run their own websites for the benefit of all, but whose whereabouts on … Continue reading

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Small DC schemes must be guided by data – not self interest.

As flagged on this blog , the Government is turning the heat on workplace pensions to deliver. The raft of papers produced by the DWP culminate in  new regulations , The Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) … Continue reading

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It’s been a “long day coming”- and a change is going to come

For most of us, June 21st has been the day when we return to normal ever since the Prime Minister announced the timetable to lift lockdown – the long day coming. But today is not going to see further easing, … Continue reading

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The devil is in these pension increases

Yesterday I was writing about the need to be pragmatic about the indexation of our pensions. Today I read in the FT that the calculation rules for the triple lock mean that pensioners could be in for an 8% rise … Continue reading

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Want to know more about pension scheme consolidation?

If you are interested in the dynamics of the retirement savings market , you may want to spend some or all of next  Thursday  afternoon (17th June) at a pension master class I am helping to organise. For those who … Continue reading

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FCA delivers tardy providers and their IGCs a sucker punch

In a surprise statement, the FCA has accepted it my not given providers of workplace Group Personal Pensions (GPPs), sufficient clarity on what the FCA is looking for them to disclose. Some stakeholders think that costs and charges data should … Continue reading

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Five bad reasons for running your own workplace pension.

The Government has made it’s agenda plain. Small (that is sub £100m) occupational DC schemes do not offer the governance, do not have the capacity to diversify into private markets and offer poor value to members , relative to larger … Continue reading

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Evidence of how the DC workplace market is changing (in the right direction)

My post yesterday pointed to the mixed messages I was picking up from regulators. government and trustees with regards the investment in illiquids. Today I am a lot less confused thanks to contributions from tPR (David Fairs’ blog can be … Continue reading

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