Tag Archives: Guy Opperman

CDC takes a big step forward

  The Minister tweets w0ke us up this morning Guy Opperman this morning announced on twitter the timeline for the development of CDC as a viable third way for British workplace pensions. The thread of tweets was posted prior to … Continue reading

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Workplace pensions – PFI 2.0?

  The Daily Mail have published a heavily spun article that seems to have come from the Treasury with the title Chancellor Rishi Sunak to tap pensions for UK’s growth fund: Treasury draws up plan to help boost economy Regular … Continue reading

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It’s been a “long day coming”- and a change is going to come

For most of us, June 21st has been the day when we return to normal ever since the Prime Minister announced the timetable to lift lockdown – the long day coming. But today is not going to see further easing, … Continue reading

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KEEP CLEAR- unexploded pension bomb

The DWP’s full frontal assault on poor value occupational pensions will be launched shortly.  The intent of Guy Opperman and his policy team at the DWP is to consolidate the occupational DC pension market with intent to improve member outcomes. … Continue reading

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Breakthrough for simple annual statements

  The DWP are going to launch at last the simple annual statement tomorrow (May 17th). This is a personal triumph for Ruston Smith who has done more than anybody to make this happen. It is essentially the same statement … Continue reading

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Pensions without purpose have gone wrong

I read two articles this morning on the sustainability of pensions, both are short and are free to read. If you have a few minutes read Richard Butcher’ “The future is… consolidation?” in Pension Expert and then read  “Social factors … Continue reading

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Laurie Edmans’ light-bulb moment.

I’ve had one of those good weeks where months of trying seems to culminate in things happening, a bit like “tipping point” when the coins cascade down the layers and you feel like you’re getting the pay-off you deserve (it’s … Continue reading

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The secondary market in workplace pensions

In 2013, Pension PlayPen founded a choose a pension service for employers needing to designate a workplace pension so that staff could be auto-enrolled according to the staging roll-out. At the time, we predicted that once the heavy lifting had … Continue reading

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Could #Budget21 be a game-changer for our pensions?

Sunak’s 2021 budget amounts to a kick in the backside to workplace pensions that could do for workplace pensions what the pension freedoms did to annuities.  By workplace pensions, I mean the savings schemes funded through payroll and joined by … Continue reading

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How will history remember the Pension Schemes Act 2021?

  The Pension Schemes Bill received Royal Assent last week and is now enacted. Though assent is a formality, it draws the line in the sand. “What is changing”  is now “what has changed” and the work of Guy Opperman … Continue reading

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