Tag Archives: employers

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

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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

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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

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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

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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

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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

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How can employers choose workplace pensions and promote Money Helper?

TPR and FCA’s call for input on  the pensions consumer journey goes a little off road in it’s eighth  section when it moves on to product decision making and specifically the choices employers make about the workplace pensions for their … Continue reading

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NEST needs you!

Interested in influencing how NEST works for members? News reaches me that the NEST Member Panel is recruiting and looking for hard working, conscientious , pension loving folk like us. You can apply for this position online up to and … Continue reading

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“You break it – you own it” (Mike Otsuka on “consequences” at USS)

Why employers must pay for the £2.4 bn rise in the USS deficit As USS makes clear, employers are collectively responsible for the increase in the deficit from £5.1 bn to £7.5 bn and the accompanying increase in deficit recovery contributions … Continue reading

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Paul Lewis; you are awful – but I like you!

I was shocked to read – as I scrolled though my digital FT this morning – Paul Lewis telling me “employers should pay more into pensions”.  He argues that “miserly contributions into defined contribution schemes are storing up trouble”. I … Continue reading

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