Tag Archives: Government

“Nothing” is very much wrong with defined benefit pension schemes.


This week I was asked this question by a civil servant (not directly involved with pensions). Ignorant question: What in regulation or law would prevent a DB pension scheme being valued based on the actual assets as opposed to the … Continue reading

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Respect for the self-employed


It’s a truth as old as the hills that there are two types of self-employed. Those who choose to be and those who have no choice. Most people who read this blog have more experience with the “professional” classes who … Continue reading

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Drawing Breath – how hard should Government nudge pension conts?


  The auto-enrolment timeline is now halfway through staging – as the PPI’s FutureBook2 tells us. while coverage from workplace pensions is spreading, it is also thinning. Average contributions are lower than ever before and there are two worries; That … Continue reading

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Is Yahoo insured?


  As I listened to the accounts of Yahoo’s 500m users being hacked (purportedly by a foreign government), four questions came to mind Why hasn’t the Yahoo share price fallen more than a couple of percent? Did Verizen, it’s prospective purchaser … Continue reading

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Where next for pensions transparency?


As illegal drugs to your health so hidden charges to your finances Imagine that you were tasked to prevent drugs coming into this country. Would you ask the driver if he had drugs in his vehicle and wave him through … Continue reading

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Mark Carney v Barononess Altmann


In the Bank’s corner – Mark Carney In the Saver’s corner – Baroness Altmann Monetary policy is not helping ordinary people and low rates may be doing more harm than good Ordinary savers are being hung out to dry and … Continue reading

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Hinkley Point; will anybody trust this Government now?


  The decision to delay the Hinkley Point project while Greg Clark “considers carefully, its implications, will send signals to those wishing to take long term decisions based on stated Government policy. It seems we have not just got a  a … Continue reading

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“The best way forward or the NEST way forward?”


If you are an employer and you have made a decision, there is no liability—that is clear in the legislation. If you have decided to go with NEST rather than NOW: or People’s, there is no liability that can fall … Continue reading

Posted in accountants, auto-enrolment, NEST, now, pensions, Personal Accounts | Tagged , , , , , , , , , , , , , , | 2 Comments

The new politics of pensions


  What has leaving the European Union some time in 2019 have to do with four new Ministers at the DWP and as many at the Treasury?   We currently have no shadow pension minister, Angela Rayner who became shadow … Continue reading

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Wake up to the PPF!


  It was good to oversleep and wake up not to the lark (metaphorical here in EC4), but to Alan Rubenstein purring about his Pension Protection Fund. Pension Protection Fund figures published yesterday show the lifeboat scheme has £4.1bn surplus and … Continue reading

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