Tag Archives: DWP
Have NEST swapped pension energy for deferred annuities?
There was a moment in Paul Todd’s excellent talk when I asked myself who owns the rate at which my pot is returned to me. The answer is not clear even to Nest, it depends on what the provider … Continue reading
De-risking pensions has been a war on the young for 20 years.
Tom Tugendhat is acerbic He starts his opinion piece by explaining why he thinks pensions are one of two policies that exclude the young from prosperity (along with housing) Two bad policies in particular have influenced this trajectory. The first … Continue reading
LGPS conference concludes but my writing on LGPS won’t!
The final day of a conference tends to be an anti-climax after a boozy night before. This was an exception with two big sessions at the end, the first considering fiduciary responsibilities in investment – featuring Kings Bench superstar … Continue reading
59k more claiming Pension Credits is a success for DWP
This blog refutes the argument that pension credit take up increase is bad news for the country. We should be really pleased! Clearly there are idiots out there who claim to be “analysts” and therefore right, but are bigots who … Continue reading
Three years ago the DWP commenced its nudge towards proper DC decumulation.
Three years ago the DWP commenced its nudge towards proper DC decumulation. This blog was first published in the summer of 2022. With immaculate timing, the DWP launched its latest consultation on how to establish the choice architecture and expand … Continue reading
TPR and FCA, VAR for pension goalscoring!
I’m off to hear Nausicaa Delfas at the Professional Pensions Live event in the City. She’s kicking off early (9 am) but I’ll be in the front row and hope she’ll be explaining more about this venture on the … Continue reading
Targeted support for 700,000 reaching retirement each year
I am drawn to this article in CityWire. There are 700,000 who reach retirement with freedom but no pension. I doubt it is being picked up in the advisory world and I am not sure that it is properly understood … Continue reading
Government as one with WPC on the future of DB (pt 2)
This is the second of my reviews of the Government’s response to the report below,the WPC’s authors are listed in this photo The Work and Pension Select Committee have published a report on DB pensions which is the first under … Continue reading
Interesting for trustees and super trustees; WPC and Govt agree (pt 3)
This is the third of my reviews of the Government’s response to the report below. I’ve got as far as recommendation 10 without finding one which bored me but here (later in the response) I find some of the … Continue reading
WPC “DB Report” picked up by Govt with shared view (pt 1)
The Work and Pension Select Committee have published a report on DB pensions which is the first under a Labour Government. Here it is to read and here is the link. There is plenty in the Pension Minister’s foreword that … Continue reading