Tag Archives: employers
Employers should co-operate for CDC pensions to work best.
Industrial and provident societies always have a mutual ownership structure. The term “Co-operatives” describes a wider movement of mutual enterprises, which includes all Cooperative Societies and Community Benefits Societies. However, not all co-operatives use these legal structures – many are … Continue reading
What should employers make of CDC? Your views welcome!
We are hosting a discussion with I hope an audience ranging from bosses who decide on pensions to consultants who advise them – with a few like me who quite “fancy a little more as a pension”. We will meet … Continue reading
If pensions are deferred pay, bosses shouldn’t allow a pay cut.
This blog takes me back to the last decade when I spent much of my time producing evaluations of providers. A long time ago, before I was a pensioner, I used to work with large numbers of employers through Sage … Continue reading
Most employers have never provided pensions for their staff.
One of the old lags contacted this morning with this thought. As you know I start from a different angle and premise – that most employers have never provided pensions for their employees. Even in the hay day of DB … Continue reading
Giving employers a helping hand on pensions.
The UK puts an unusual burden on employers to offer workplace pensions to their staff. Employers, big and small have risen to the challenge they faced from auto-enrolment and now manage the payroll interface for their staff’s contributions as … Continue reading
Illiquids in DC pensions – what’s in it for employers?
I’ve been reading the Productive Finance Working Group’s (PFWG) paper designed to remove the barriers to our workplace DC schemes investing in productive but illiquid investments. They have a tough task ahead of them convincing the purchasers of workplace pensions … Continue reading
Why employers should be pig-sick about LDI (as should many DC savers).
This morning I will be giving evidence to the Work and Pensions Committee as part of its inquiry into Defined Benefit Pension Schemes with Liability Driven Investments. I will be giving evidence with John Ralfe, Con Keating and Iain … Continue reading
Quick Poll: Are you seeing an increase in employees pausing contributions to workplace pensions?
My friends at CIPP are running a poll for their members because of lack of information about what staff are really doing on “opt-outs” and “pension pausing”. Interesting “quick poll” from @CIPP_UK https://t.co/bU7pg6t7kt Keen to see results @JosephineCumbo — Henry … Continue reading
Isn’t helping people with the cost of living , what a pension scheme does?
Tom Birkin, Actuary at XPS Pensions Group, said:“For current pensioners, sustained periods of high inflation will compound the effects of pensions not keeping pace with rising prices. Pension schemes should explore options to support their members through this challenging period” … Continue reading
Who picks up the cost of consolidating member pots?
The key to answering the question is to establish the value chain; to my mind there are two immediate winners from transferring a member’s pot. The ceding employer (the scheme the member is leaving) The receiving scheme (the scheme the … Continue reading