Tag Archives: Government
NEST is not a financial soup-kitchen.
For some time , I and others advising on workplace pensions have been calling for NEST to make a clear statement on charging employers for NEST support. Now we have it . In case you can’t press the link , here … Continue reading
Posted in auto-enrolment, DWP, governance, NEST, Payroll, pension playpen, pensions
Tagged advice, auto enrolment, Business, Business and Economy, corporate governance, corporate risk, dc pensions, DWP, Employment, Government, HMRC, market economics, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, subsidy, Tax
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“Winning hearts and minds” – what IGCs can do for retirement saving!
What so concerned many of us when we read the comments from the Independent Governance Committee’s recent meetings at Evershed’s city offices, was that they showed no unified sense of purpose, no urgency and worst of all – confusion about … Continue reading
Posted in governance, investment, pensions
Tagged auto enrolment, Business, corporate governance, Financial services, governance, Government, hearts and minds, IGC, Independent Governance Committees, Indpendent, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Politics, Ros Altmann
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How can auto-enrolment help those that most need it?
This morning I’m off to the House of Commons to discuss this question with some policy people, Prospect Magazine, my friends Alex Rowson of QTAC and Darren Philp of People’s Pension and Nigel Wilson, the CEO of Legal & … Continue reading
“TEEN-AGE kicks” – incentivising sensible spending in retirement
“A teenage dream’s so hard to beat.. Just say those words and I’m thinking 1978, radio under the pillow – John Peel show – 11pm. But I could relive the TEEN- AGE kicks in a few years time, if that … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Financial services, Government, Insurance, Investment, Investment management, Life annuity, Michael Johnson, pension, Pension new, Retirement, Steve Webb, Teen-age, Teenage Kicks, Undertones
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IGCs – 6 months in – a worrying lack of diversity.
In April 2015, insurers offering personal pension contracts were required to set up Independent Governance Committees as a result of the findings of a study by the Office of Fair Trading that concluded Also in April 2015, the FCA issues a … Continue reading
When is a fiduciary independent?
It’s a question asked by Karen Wake on twitter @JosephineCumbo @henryhtapper @DominicLindley @greggmcclymont So … what is "independent"? We might be chasing a tornado here — Karen Wake (@pensionmonkey) October 29, 2015 I’m not into chasing tornadoes so I’ll try … Continue reading
Does “People Power” make for better pensions?
When we know nothing we take advice before deciding… Conventional wisdom tells us that advisers tell employers and employers (or their trustees) tell staff. Staff get what they’re given because bosses know better and advisers know best. But what … Continue reading
Posted in pensions
Tagged advice, advice gap, auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Government, nature, pension, Pension new, pension playpen, pensions, Retirement, vacuum
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85 million reasons for change! Why pension tax relief is front page news.
The Daily Express has picked up on the “loophole” caused by the increase in the nil rate band that is denying £85m of pension tax relief at source to part time workers (and the very low paid) in occupational pension … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Government, HMRC, NAPF, net-pay, occupational pensions, Pension new, pension playpen, pensions, relief at source, tax relief, Treasury
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The tyranny of payroll or the management of pensions?
The received idea in Government circles is that employers don’t give a toss about the pensions they set up for their clients. In a recent thread on the Pension Play Pen Linked In Group (if you aren’t a member , … Continue reading
Posted in pensions
Tagged auto enrolment, Business, corporate risk, dc pensions, DWP, Government, liability, National Employment Savings Trust, NEST, Payroll, Pension new, pension playpen, pensions, Retirement, taxes, tyranny
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“There’s opportunity in complexity”
This, believe it or not, is the new strap-line for State Street Global Adviser’s push into the UK DC market with their target dated funds which are – it seems – reassuringly complex. To boot There are two ways of … Continue reading