Tag Archives: GPP
Are employers able to “know their workplace pension”?
Are employers the provider’s clients? In financial services, the client is the entity that takes the decisions on where the money goes. Whether we define “money” as “pension contributions” or “fees paid”, the employer is seen as the client. It … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, FCA, GPP, master trust, pensions, Tesco, Value for Money, VFM
2 Comments
Fidelity’s IGC-the bland leading the blind
The general reader is introduced to the 2019 IGC report with a statement from Fidelity An IGC is an Independent Governance Committee whose purpose is to represent the interests of policyholders (including active and deferred members) in the company’s relevant … Continue reading
Has Tata the courage of its conviction? (the workplace pension that dare not speak its name)
It I’ve been in correspondence with a steelworker who wrote me this Over the past few months when my work colleagues at TATA have been talking about transferring out I suggested the TATA Aviva Plan to them as it … Continue reading
TATA GPP – an investable option for BSPS members with a CETV.
I’ve received the following note from Aviva with regards the TATA group personal pension which has replaced BSPS as the corporately sponsored pension arrangement going forward. Thanks for your note below re the query you have received from a BSPS … Continue reading
Posted in advice gap, de-risking, pensions, social media
Tagged Aviva, BSPS, CETV, GPP, tata
15 Comments
Is contract-based versus trust-based really the question? Guest Blog from Ralph Frank
Automatic Enrolment (“AE”) has resulted in an increase in Defined Contribution (“DC”) pension saving through Master Trusts (“MTs”). This trust-based approach has overtaken contract-based arrangements, such as Group Personal Pensions, as the most popular form of DC saving. A key … Continue reading
Posted in pensions
Tagged Contract, GPP, master trust, MT, Ralph Frank, regulation, trust, trust-based
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The Pensions Regulator gives IGCs a new row of teeth.
It’s not enough- not nearly enough – but at last the Pensions Regulator’s beginning to take workplace pensions seriously enough to offer something close to a decent choice for employers staging auto-enrolment. Yesterday , Andrew Warwick-Thompson, head of policy … Continue reading
Commission – an unwanted risk.
Remaining in denial only defers and increases risk. Continue reading
Posted in advice gap, pensions
Tagged AMC, Consultant, DWP, Government, GPP, John McCririck, OFT, pension
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Replacing the financial salesman in the workplace.
Auto-enrolment killed this kind of adviser as video killed the radio star. Continue reading
Posted in advice gap, annuity, auto-enrolment, Payroll, pensions
Tagged Consultant, Employment, finance, Financial adviser, Financial services, GPP, Insurance, pension
13 Comments
Improving governance and best practice – Work and Pensions Committee
Trail commission has no more place in QWPS than consultancy charging Continue reading
Posted in auto-enrolment, pensions
Tagged Consultant, DC Comics, Government, GPP, National Employment Savings Trust, pension, Scheme, Work and Pension Committee
6 Comments
Give a straight red to active member discounts
What are active member discounts (AMDs) and what’s so wrong with them? Continue reading
Posted in auto-enrolment, brand, dc pensions, Fiduciary Management, pensions, Personal Accounts, Popcorn Pensions
Tagged AMC, Aviva, Friends Life, GPP, House of Fraser, pension, Pension Regulator, Scheme
19 Comments