Tag Archives: DWP

Portals for show, pensions for dough


    The Pension Dashboard is under pressure. Having lost its sponsor, Simon Kirby MP in this summer’s election, early-day momentum is running out. The ABI are clearly fed up and are now calling for Government intervention if they are to … Continue reading

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Normalising pension saving for everyone


The TUC is publishing this morning important research into inclusion. Since our new pensions minister has included “inclusion” in his title, I hope he is reading it! Six in 10 workers in the UK agriculture and hospitality sectors are not … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , | 5 Comments

What I’ll ask the Pensions Minister today (if I can find him).


Calling Guy Opperman MP,  Minister for pensions and inclusion, “are you out there?” I’m on my way up to Manchester clutching an email from your office saying you want to meet me, I will be at (y)our conference for the … Continue reading

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A battle won – not yet the war; FCA demands cost disclosure.


    I get worried by premature announcements of victory. The battle to get proper cost disclosure is a long one , hostilities commenced properly with the OFT report on workplace pensions in 2014. This reminded Government that we know … Continue reading

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Time for bosses to get value from Workie!


There is plenty of crowing in policy circles about the success of auto-enrolment. The headlines are certainly good with nearly 9m new savers and over 1m new employers due to have staged by October. The public has taken to Workie … Continue reading

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What do we tell our members?


    Yesterday’s keynote speech from David Farrar at the Professional Pension DC Conference contained some important messages. I wasn’t the only person in the room picking up a new tone on disclosure. The quote is a close approximation to … Continue reading

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NEWS- Saving into a pension is what we WANT to do!


Well you may not find it news, but I do. I started out in 1984 selling pension policies to people who I met in Oxford Street and again at their homes. These people were promised ridiculous returns (13% pa on … Continue reading

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Who will champion DC savers?


I hear a lot of DB experts at conferences talking about transferring their “skill-set” for the benefit of DC savers; they want to transport their language – diversified growth funds, liability driven investment and glide-paths into the lingua franca of … Continue reading

Posted in dc pensions, pension playpen, pensions | Tagged , , , , , , | 16 Comments

Innovative pensions for the mass of us!


In its Retirement Outcome Review (interim report), the FCA were clear on  evidence of a problem The blame lies not with thick consumers but with lack of competition If competition is not working effectively and consumers make uninformed retirement income decisions this could lead to … Continue reading

Posted in advice gap, auto-enrolment, DWP, pensions | Tagged , , , , , , , | 7 Comments

The Department of Workplace Procrastination?


  Keen to dispel the impression that the DWP does absolutely nothing with its time, its new Secretary of State , David Gauke has promised that the Government “will not shy away from taking  decisions on pensions“. This  statement was made … Continue reading

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